[vision-master]

$this->bbcode_second_pass_quote('whatpeak', 'T')here were long lines at the Costco gas station yesterday. Not the lines that extended for blocks during the early 70's, but tens lines with six to seven cars in each. Traffic was backed up on street. People were honking their horns at each other.

The lines resulted from $3.69 a gallon for regular unleaded and not some oil embargo. However, the doomer side of me thinks we're just seeing the beginning of hoarding.

Filled up the Suburban for just $99. Got to get rid of that thing.

[Tyler_JC]

$this->bbcode_second_pass_quote('whatpeak', 'T')here were long lines at the Costco gas station yesterday. Not the lines that extended for blocks during the early 70's, but tens lines with six to seven cars in each. Traffic was backed up on street. People were honking their horns at each other.

The lines resulted from $3.69 a gallon for regular unleaded and not some oil embargo. However, the doomer side of me thinks we're just seeing the beginning of hoarding.

Filled up the Suburban for just $99. Got to get rid of that thing.

[roccman]

$this->bbcode_second_pass_quote('MD', '')$this->bbcode_second_pass_quote('Twilight', 'A') useful observation for the gasoline shortage thread. I will copy it there. If fuel price inflation hits the public consciousness enough that they keep their tanks topped up through summer, that could have an effect on inventories.

[mos6507]

Once you start using terms like "more than his fair share" it's a slippery slope. It's tragedy of the commons territory. In a case of overshoot, all consumption can be put under the microscope to derive how much of the earth's resources is a fair share and how much is too much.

[BigTex]

The 24 hour credit card based gas station of today didn't exist back in the 1970s.

It's hard for me to imagine there being a line to fill up in the middle of the night.

Maybe the crowds people are reporting have more of a psychological component--i.e., we are noticing things more because we are concerned about them.

The gas station by my house if busy a lot of the time, but I can drive down there at 11:00 at night and it's usually just me. Same at 5:00am, and at 2:30pm.

[cube]

$this->bbcode_second_pass_quote('whatpeak', '.')..
Filled up the Suburban for just $99. Got to get rid of that thing.

[Duende]

Tanada wrote:
$this->bbcode_second_pass_quote('', 'I')n the Carter gasoline crisis many people decided to keep their car tanks full, which resulted in a lot of gas stations running out of fuel. The USA as a whole had trhe same amount of gasoline, but it was distributed very differently. And once the stations ran out the first time everyone decided to keep their tanks full so the problem persisted for a few months.

[vision-master]

$this->bbcode_second_pass_quote('pstarr', '')$this->bbcode_second_pass_quote('cube', '')$this->bbcode_second_pass_quote('whatpeak', '.')..
Filled up the Suburban for just $99. Got to get rid of that thing.

[Cashmere]

Anybody still think it was a coincidence that Exxon announced it was selling its remaining share of directly owned stations?

Hmmm?

[HappyFace]

If these closures were a direct consequence of shortages I'd be scared. However they seem to be a function of price, debt, etc. In that case the owners just need to raise their prices.

[Dreamtwister]

$this->bbcode_second_pass_quote('Drifter', 'P')lenty of filling stations have already gone under. Last year, 3,184 of the nation's 164,292 gasoline stations closed their doors and went out of business

[whatpeak]

Limited supplies of diesel reach Tijuana stations

It was cheaper to buy it south of the border, so we used up all their supplies.

[bratticus]

$this->bbcode_second_pass_quote('', '[')url=http://online.wsj.com/article/SB121538602450331005.html]Gas Stations Hit Skids (link)[/url] Higher Costs Close Nearly 3,000 in a Year
By ANA CAMPOY, July 7, 2008; Page B12

Sherman, Texas - [...skip...] ...the profit margin on gasoline sales has plunged. In the week that ended June 30, the difference between what retailers paid for gasoline and what they got from selling it was about 15 cents a gallon on average, down from 21 cents a gallon around this time last year, according to national data compiled by Oil Price Information Service and Wright Express, a firm that provides payment-processing services.

[idiom]

So much for price gouging.

[Novus]

Many more gas stations will go under very soon. There are still stations selling for $3.99. That is either at or below cost right now. After that the situation will switch over to black market gas.

[jlw61]

Which is why I make sure to walk the three blocks to my neighborhood convenience store/gas station and purchase something other than gasoline. I want them to stay right where they are at and I'm willing to pay a premium on some of my needs to make sure of it. I also encourage my neighbors to do the same whenever the conversation turns that way.

To hop in the car to save a dollar on a six pack is crazy.

[some_guy282]

$this->bbcode_second_pass_quote('idiom', 'S')o much for price gouging.

[jdmartin]

$this->bbcode_second_pass_quote('jlw61', 'W')hich is why I make sure to walk the three blocks to my neighborhood convenience store/gas station and purchase something other than gasoline. I want them to stay right where they are at and I'm willing to pay a premium on some of my needs to make sure of it. I also encourage my neighbors to do the same whenever the conversation turns that way.

To hop in the car to save a dollar on a six pack is crazy.