Hurricane Ike

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Originally Posted By: wavinwayne
... The owner was interviewed by the local news station. he said he purchased two tankloads of fuel Friday morning, and had to pay the oil company $5.32/gallon...
Probably lied.
 
Eh, power has blinked up here but nothing sustained. Pics of Galveston are crazy! Winds have gusted up to 56 mph but we get worse than that in the spring. Tornado went right through my nat'l forest where I work so this week will be spent w/ a chainsaw, I guess...

Hope Stu's okay! It's right over him right now.
 
I doubt anyone lied about the fuel price gouging that was happening.



What a mess!

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Originally Posted By: Kestas
Originally Posted By: wavinwayne
... The owner was interviewed by the local news station. he said he purchased two tankloads of fuel Friday morning, and had to pay the oil company $5.32/gallon...
Probably lied.


He was trying to cover his a_s in case the attorney general of his state was watching.

That said, he better have the paperwork to prove it when the investigators show up at his station.

You'd think with cell phone cameras, that they'd think twice about doing this.
 
Yah know, I heard someone give an explanation of gouging that almost made me agree with it.... Gas stations don't make much per gallon off gas-just a few pennies per gallon. Like movie theaters (that don't make much off tickets), gas stations make money off the drinks, food, and other items inside. If, during one of these gas panics, everyone makes a run on the station and buys up all the gas, the station is practically if not literally closed until the next tanker comes. While it's closed, or there's no gas, no one is coming in and buying Little Debbies, fountain drinks, Swishers, etc. These being the real money makers, it's a big financial loss even though they sold up all their gas. So the price is raised in part to dissuede people from buying up all the gas in an effort to avoid this scenario.

I don't know that pure greed isn't the reason but this explanation certainly makes sense to me.
 
Strange gas station goings on here in MN. Closest station to my house was $3.56 this afternoon. Drove out to the mall, and as I got from the city into the suburbs it got more expensive. Went from $3.56 to $3.79 in the course of a couple miles.

Saw a gas station with regular for $3.79 and mid-grade for $3.77. ***?
 
If gas's wholesale price went from 3.40 to 3.65 in 24 hours, and one could not get a firm price or delivery date for another 48 hours, I would not chastise them for assuming another 50 cents may have piled on by then.

In other words, the slope of the curve matters as well if one were in communication darkness due to some emergency.

It would seem government regulators would prefer stations run out of gas, than that they would pay truck driving heroes overtime to make sure the tanks were full.

Besides, people should have their own stockpiles of everything... plywood, water, fuel, if they live in hurricane alley. Lacking that one gets to pay convenience store prices instead of big-box deals. Nobody busts convenience stores for "gouging" for selling soda at 2-3x walmart's price.
 
Papa Bear, Chicago area received 6+ inches of rain the last couple days, this storm is only going to make the flooding much worse there. Do you have any pre-Ike flooding by your neck of the woods?
 
You guys were JUST getting rained on a few days ago, too! Stay dry man! Boy, it did a number on the trees around here. Going to church this morning was like navigating an obstacle course.
 
Yep, we caught the remainder of Gustav as well. I know what we got was nothing like a Cat 2 storm, but we did have damage and flooding today.

We really aren't used to this...
 
Originally Posted By: eljefino
I would not chastise them for assuming another 50 cents may have piled on by then.
It would seem government regulators would prefer stations run out of gas, than that they would pay truck driving heroes overtime to make sure the tanks were full. Nobody busts convenience stores for "gouging" for selling soda at 2-3x walmart's price.


I think that You and BrianWC both make good points.

It was line in 1974 when the Government got involved in gas prices...Do U want "Some" gas at 5 bucks or none at $3.50. Price gouging is a very "Slippery Slope"
 
Well, best news is the refineries made it through okay. Oddly while the lowest gas price in town went up $.03 today, the average price went down $.01!
 
Bryan, is all OK enough in Shreveport? I heard today that power should be restored to parts of Texarkana by Wednesday!
shocked2.gif


I think the eye- or what was left of it- passed right over us, or *very* close, about the time power went out. Lots of wind, limbs down, power off ~5:45 pm Sat, back on ~8:15 am Sunday. Some houses only ~ 1/2 mile away, on the same power company, are still blacked out tonight.
 
Lol, yeah, we're okay here. Lights blinked but that's it. So I spent $1000.00 on a generator, gas tanks, and gas for naught.... I hear it knocked out about 37,000 SWEPCO customers in NW Louisiana and 50k across the border.

But I've had people calling and emailling from all over. Evidentally at one point yesterday, the Weather Channel was making it sound like Shreveport was getting pummeled. I mixed in some MMO with the generator gas and sighed today..... Maybe we'll have a good ice storm this winter...
 
"I mixed in some MMO with the generator gas and sighed today..... Maybe we'll have a good ice storm this winter... "

That's it, think Positive! :D I've thought about a small generator- maybe just enough to run the refrigerator, plus use the microwave or run a TV & VCR/DVD player. But so far, haven't taken the plunge.
 
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