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Subject: 
Re: Gas prices in USA
Newsgroups: 
lugnet.off-topic.debate
Date: 
Fri, 2 Sep 2005 02:15:03 GMT
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In lugnet.off-topic.debate, Franklin W. Cain wrote:
The price of gasoline here in the States has been too [@#$%&*] high all during
Bush II's reign, and now (thanks to H. Katrina) they're getting higher!  I've
heard that Gov. Perdue (GA) has ordered gas stations to close tonight at 4:30pm
here in Georgia, and tomorrow the price will be $5/gallon!  >:(

OK, I can see how the loss of our refineries in the Gulf of Mexico will hurt us,
but that does not justify an overnight (!!) increase of 100% (I've been getting
gas for around $2.50/gallon).

What are you going to do to fix this, Dubya?  As little as you've BEEN doing,
looks like!

And why haven't we been pumping out more of the oil we've got in the Alaskan
fields?

I have a 30-mile commute (one-way) from home to the office.  This is killing me.

[whimper] . . .

Personally, I don't see the problem. I see a (hopefully temporary) product
shortage due to an unplanned for natural catastrophe. Google for "katrina
colonial pipeline". There was a BusinessWeek article that came out in the past
two days that pretty clearly defines the effects of the hurricane on the fuel
supply line. Many refineries are shutdown, several large product delivery
pipelines are shut down, the Louisianna (sp?) Offshore Oil Platform (used to
unload supertankers) was taken out of service in prep to the arrival of katrina.
There is a limited amount of product in the distribution terminals. If that
isn't bad enuf, all the relief agencies are kicking to high gear to get down
there and deal with the ~500k refugees from this disaster. They will need
petroleum product as well. The quickest way to roll back the demand is jack up
the price. Those who absolutely have to buy the fuel will do so, those that can
deal with the situation by making fewer trips to the store, walmart, etc, will
do so also. Its a tough situation for everyone at the momment. It just happens
to be a quirk of geography that all those petroleum facilities are concentrated
in the same place the storm hit. Bush releasing the strategic reserve was a good
move IMHO (and I don't like W at all). The real issue is getting the refineries
back online and the pipelines to haul the stuff out to the markets.

Ray (hunkering down like I've never hunkered before)

P.S. This is easier for me to say because I don't have the same commute that you
have. If I am lucky, between now and the end of next week, I will be able to
hold my driving down to less than a hundred miles.

P.P.S. I almost cried today when the iTunes shufler picked "Do you know what it
means to miss New Orleans" by Billie Holliday.

P.P.P.S.
http://earthobservatory.nasa.gov/NaturalHazards/Archive/Sep2005/new_orleans_msi_aug31_2005_dg.jpg



Message has 1 Reply:
  Re: Gas prices in USA
 
(...) Not for everyone. Those who are wealthy enough not to have to worry about a 60 or 80% increase in the price per gallon aren't going to be affected at all, except perhaps to enjoy a larger profit from their oil stocks. Raising the prices serves (...) (19 years ago, 2-Sep-05, to lugnet.off-topic.debate)

Message is in Reply To:
  Gas prices in USA
 
The price of gasoline here in the States has been too [@#$%&*] high all during Bush II's reign, and now (thanks to H. Katrina) they're getting higher! I've heard that Gov. Perdue (GA) has ordered gas stations to close tonight at 4:30pm here in (...) (19 years ago, 31-Aug-05, to lugnet.off-topic.debate)

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