Gas prices up

[DifferentPointofView]

^

lol, well they certainly aren't accurate as of now. They're raising here every hour.

Well europe is finally getting their laugh now haha.

[ankit]

This is a replay of Kartrina. Well I worked a day before Katrina hit at my dad's gas station (you know, the day gas went up every hour). Well people were dumb enough to fill-up all of their vehicles (even thought they weren't going to use all of the fuel) making an already low supply (no new deliveries were being made) worse by adding to the demand. Then when deliveries started back up and prices came back down, people didn't buy fuel since they had already done so a couple of days ago for about $4.00 a gallon.

What I'm saying is that, don't fill-up your tanks if you think you can hold out for a week and a half or so.

[Tony Raine]

here in Arkansas, the governor has declared a state of emergency. apparently a main gas line into arkansas has been turned off until the hurricane passes. prices went up about $1.00 per gallon today. a panicked city of 75,000 dried up a couple gas stations here. other cities are at $5.00+ a gallon and limiting how much you can get.

some areas haven't changed at all.

you'd swear the dang hurricane is hitting us by the way people are acting. stupid sheep

i'm glad i fill up on Mondays or tuesdays.......

[Ford Man]

One of the local news stations reported tonight that some stations in the Carolina's have raised prices as much as $1. a gallon in the past 24 hours. The news station also reported that they had contacted our local congressman and he said he has filed the federal paperwork on a price gouging investigation.

[BlackDeuceCoupe]

WoW! Guess I'm lucky!

Look at the last comment in my fuel log: "Couldn't pass up $3.41 gas...!"

LoL! I haven't been out of the house in the last 24 hrs.

I guess I should go see how much 'damage' Ike has done around here!

[ankit]

OMG, local news is showing how many local gas station are bone dry. Also the pipeline may be back up by Monday (best case scenario) but even if it takes until Friday of next week, most people have enough fuel to make it till then. If they don't they have to make it work instead of increasing demand. Sacrificing those trips to the theater or whatever should be obvious in time of crisis.

[dremd]

Strange that this didn't happen last time the gulf was off line during the RNC.

Oh well I'm good on fuel for another 3~4 weeks. Hopefully Bio will be online by then.

[jamesqf]

This is just a classic case of mass hysteria. Some guy in southern Illinois starts a rumour by sending an email to his friends, who send it to their friends, etc. A certain fraction believe the rumour, and rush out to fill their tanks. Gas station operators see the long lines (and maybe got the emails too), so they figure they'd better raise prices. That lends credence to the rumour, so more people panic and rush out to fill up, raising prices still further - and probably emptying some gas station tanks.

Interesting story from the apparent epicenter here: :: TheSouthern.com - Southern Illinois' Homepage ::

Especially interesting is the comment about halfway down, by a person who passes by a station selling at $3.69, pulls in to one down the street selling at $3.99 and fills up there, then goes back to see the other station still at $3.69 - and has the gall to complain about the station, instead of just kicking herself for her own stupidity.

[kevlar]

What I'd really like to know is, after the storm has passed, and there is little or no damage, do we get a rebate for all the money they "stole" from us? I highly doubt it! I wish I could gouge money out of everyone whenever I MIGHT get hit by a storm...... of course I'd give it back if I found it wasn't needed!

[DifferentPointofView]

Originally Posted by jamesqf

This is just a classic case of mass hysteria. Some guy in southern Illinois starts a rumour by sending an email to his friends, who send it to their friends, etc. A certain fraction believe the rumour, and rush out to fill their tanks. Gas station operators see the long lines (and maybe got the emails too), so they figure they'd better raise prices. That lends credence to the rumour, so more people panic and rush out to fill up, raising prices still further - and probably emptying some gas station tanks.

Interesting story from the apparent epicenter here: :: TheSouthern.com - Southern Illinois' Homepage ::

Especially interesting is the comment about halfway down, by a person who passes by a station selling at $3.69, pulls in to one down the street selling at $3.99 and fills up there, then goes back to see the other station still at $3.69 - and has the gall to complain about the station, instead of just kicking herself for her own stupidity.

Thats pretty much what happened.

Everywhere people were talking about the emails they got and people were freaking out. I never knew it actually started near ground zero.

Well, I'm just gonna ride it out until the prices come back down. shouldn't be too long.