[TheForge] OT--Gas prices, gas shortages, price gouging?

[Andrew Vida]

Jumped 50 cents overnight in Hinton WV.

The speculators are greasing us yet again.

Rob Fertner wrote:
> Crap, today it's up to $3.59
> 
> Rob
> 
> 
> ______________________________________________________
> 
> 
> In Wichita, KS gas jumped 10 cents to $3.49 today.
>  
> Rob
> 
> 
> -----Original Message-----
> From: theforge-bounces at mailman.qth.net
> [mailto:theforge-bounces at mailman.qth.net] On Behalf Of Washington, Aubrey O.
> Sent: Friday, September 12, 2008 2:33 PM
> To: Blacksmithing List Sponsored by ABANA
> Subject: RE: [TheForge] OT--Gas prices, gas shortages, price gouging?
> 
> Here in Norman, OK the 7-Eleven jumped from $3.29 to $3.39 last night.  I
> guess I still don't have much to complain about.
> 
> Aubrey
> 
> ________________________________________
> From: theforge-bounces at mailman.qth.net [theforge-bounces at mailman.qth.net] On
> Behalf Of Jim Beard [regionalchaos at gmail.com]
> Sent: Friday, September 12, 2008 12:37 PM
> To: blakkpawss at yahoo.com; Blacksmithing List Sponsored by ABANA
> Subject: Re: [TheForge] OT--Gas prices, gas shortages, price gouging?
> 
> We haven't had any run on gas out in Oregon.  We've been staying
> around 3.75-3.80 a gallon for a while.
> 
> Jim
> Drain, OR
> 
> On Fri, Sep 12, 2008 at 9:56 AM, Jonathan Barnhart <blakkpawss at yahoo.com>
> wrote:
>> So, yesterday, in the tri-state area I live, the gas stations were told by
> their parent companies to raise gas prices 20-30 cents a gallon.  This was
> mainly due to the refineries shutting down for the incoming hurricane in
> Texas.
>> Simultaneously some naer do wells decided to start rumors that the gas
> price, which had been anywhere between $3.40-$3.75 a gallon, would be going
> up to $5.00 overnight and possibly higher in the next week.  Several of
> these no goods also rumored that we would shortly run out of gas with no new
> shipments in the forseeable future.  This lead to a panic which caused
> people to run out to fill their tanks.  A lot of the rumors sited things
> like the 911 crisis and hurricane Katrina as examples of what would happen,
> since we experienced higher prices and some mild shortages then.  They also
> were saying that for some reason or another(I heard several and none of them
> really made sense to me) that it would be much worse than these previous
> times.
>> With the high volume sales, gas stations started to raise prices due to
> demand.  Some even made it as high as the $5 mark.  I suspect some of these
> were gouging.  However, some were stations low on gas and waiting for
> shipments, that didn't want to have to pay to reprime their pumps.  Several
> places were full of cars and starting to line up.  But, it was starting to
> die down.
>> Finally, as if this weren't bad enoughthough, a local T.V. station decided
> to report on the high traffic at the pumps as well as report the rumors.
> They didn't substantiate or debunk these rumors they just reported them as
> rumors.  Unfortunately, it appears as though the people watching focused on
> the bad parts of the rumors and missed the fact that they were just rumors
> and so the buying went on.  Once again the cars started to line up around
> the block at the stations.  Some places were much worse than others.  It
> seems as though some places kept their wits about them and took a wait and
> see attitude.
>> It's my understanding that we now have several local stations that either
> are out of or low on gas.  So, regardless of wether or not the rumors were
> true, the panic mass of people have made them true.  I like to call it "self
> fulfilling prophecy" or "never underestimate the power of idiots in mass
> amounts".  Either way, if you knew about it yesterday, you were pretty much
> forced to buy, if you could afford to.  That way you wouldn't get stuck with
> the higher price that the idiots had scared up.
>> Depending on who you talk to today, this is either a real thing that and
> we are going to run low or out of gas within the next week if the storm goes
> bad, or it's a hoax and this was only occuring here in southern Illinois,
> Southeast Missouri, and part of northwest Kentucky.  So, I'm asking people
> here if they have experienced anything similar in the last couple days and
> trying to make heads or tails of this insanity and idiocy.
>>
>>
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