[ChumpusRex]

Another arithmetic check.
2.35 M bbl / day = 98 M gal/ day
1 tanker = 11,000 gal
Replacement = 9000 tankers / day = 1 tanker every 10 seconds.

[KevO]

$this->bbcode_second_pass_quote('MD', 'P')anic buying is fueling spot shortage problems
Everyone needs to chill. In a couple weeks it will be mostly "business as usual" except for a few communities along the gulf coast.

[Specop_007]

Specop thinks he may need another case of ammo... Locked n loaded

[BabyPeanut]

Do not run out and buy extra peanut butter, canned goods, etc.
Just be calm and sit there while I go to the store.
Thanks for your co-operation.

[hotsacks]

Besides if we don't hoard it someone else will.[/quote]
I just had one of those "A HA" moments.Thanks.

[Leanan]

People are buying up gas cans and hoarding gas. Hardware stores are running out of gas containers. The Washington Post showed one man filling up a 1500 gallon tank.

[MrBean]

$this->bbcode_second_pass_quote('richardmmm', '')$this->bbcode_second_pass_quote('MrBean', '')$this->bbcode_second_pass_quote('richardmmm', 't')he gas shortages don't add up at all. the US has 194 million barrels of gasoline inventory. That is 8.1 billion gallons of gas on hand.

[TnAndy]

Panic buying set in here....price went up most places 75 cents/gal yesterday and several places now out. Average local price in the mid 3 buck range.

[NeoPeasant]

Too Late. I checked the weather reports on Sunday and envisioned a situation pretty much like this. I topped off both the cars and bought three 5 gallon containers at wal mart and filled them too. All at pre-crisis prices.

Now my topped off cars and extra gas sit quietly in my garage as I ride the bus to work.

[Leanan]

My gas station went from $2.69 on Sunday to $3.29 today. I'm in the northeast, so the high prices are spreading.

[backstop]

Macsporan - you surely remember that fine old adage -
"You can take a whore to culture, but you can't make it think !"

[CarlinsDarlin]

For many people, buying extra gas is a matter of economics. Gas prices here have gone up about 40 cents since the hurricane hit. The price is going to continue to rise. I asked Carlin to top off the tank and fill the gas can today before prices rise even further, because we already have two unavoidable trips (150 mile round trips) scheduled in the next two weeks - one is a medical appointment. By the time the second trip comes around, I'm afraid we won't be able to afford it.

I realize that this can lead to larger picture problems down the road, but its leading to my own problems right now. It's frustrating, knowing that I might be one of those helping prices higher, but at the same time I also know that my fuel use is almost nothing compared to many.
And I don't consider filling up a 5 gallon gas can to be hoarding. I generally have that much on hand anyway to run the lawnmower and tractor.

[Eli]

Thanks for the math check. I heard it off TV so I think I got my facts confused I think it was closer to what Chumpus said 11,000 tankers one leaving every two seconds.

Anyway you cannot replace the pipeline. They need to get it working and fast.

[frankthetank]

I agree with MD. I think people panic buying is making the situation far worse. In my town ive seen none of this and gas stations still have gas.

Same thing happened Sept 11, 2001...remember that day? Yeah. I still remember waiting in a gas line because i really DID need gas ( i was on E). I've heard that refineries in TX are lowering production because they don't have the crude...SPR needs to get them some crude!

[Eli]

Yes now is not the time to hoard, wait until a storm is out in the gulf again this one making a b-line for Houston.
Now that would be a great disaster flick. Hope that we do not see that, my doomer level is full.
Frank your post is funny on the one hand you say don't hoard and on the other you say the refiners are running out of crude to process which in my mind says go hoard.

[MrBean]

link Colonial pipeline restarts. But still long way to go for full supply mode.

[AirlinePilot]

"Colonial anticipates that the maximum percentage of normal capacity that these interim measures will provide is between 50% and 60%. Colonial continues to work closely with local electrical utilities as they begin to restore power along the pipeline."

Wonderful, I think that is best case, may not be achievable. They are using generators flown in apparently. I still say that it is going to be very difficult if they had to evacuate NO and some of thier employees don't show up for several months.

I go off to work today and will report back on what is going on with Jet Fuel in the ATL at some point tonight or tommorow.

[Jaymax]

$this->bbcode_second_pass_quote('richardmmm', 'i')t's also logically impossible that pipelines from the hurricane area that has only 10% of the nations refineries is responsible for nationwide gas shortages.

[AirlinePilot]

Even with more crude we are going to have problems. It is becoming rapidly apparent to me the industry is doing a huge spin job on damage. The evacuation of NO and the loss of life is going to decimate production possible worse than the existing damage. A major pipeline may be restricted to half flow for a long period of time and I see shortages lasting much longer than the short term memory of Joe Sixpack. We are in deep doo doo.

My doomerosity level is rapidly rising. I thought I had at least a year or so to get some "things". Not so sure now.

[jdmartin]

Ok, right now it seems like most of Western NC is out or almost out of gas. Most of the local stations were all closed with bags over their pumps, and I've had to put my crews on strict necessary driving only.

As for East Tennessee, it was a madhouse yesterday. At 2:00 PM the gasoline prices were at $2.75, with lines just beginning to form, but all stations open. At 6:00 PM there were tremendous lines everywhere and some of the stations were beginning to run out. I paid $3.29 for regular unleaded to get some gas for my lawnmower, and tempers were getting out of control at the station. At 10:00 PM as I was returning home I passed at least 10 gas stations. 1 had a long gas line, with an attendant directing traffic thru traffic cones and another one standing guard outside the station. Another station had premium only, with the regular and mid-grades covered by plastic, and all other stations were completely closed down. This morning on my way to work all the stations I passed were closed down.