Gasoline availability
Road Master
Joined: Aug 2007
Posts: 1,183
Likes: 1
From: Graham, NC
People who hear about a gas shortage rush to the nearest station and fill up every car, truck, bike, boat, and gas can that they own which then in turn drains the station causing a gas shortage. If someone on the news would report a gas surplus this would end.
The "official" reason is that Ike shut down some refineries on the gulf coast. Truth is the refineries are reporting that 3/4's of them are back to 100% and the others are getting close.
The "official" reason is that Ike shut down some refineries on the gulf coast. Truth is the refineries are reporting that 3/4's of them are back to 100% and the others are getting close.
Road Master
Joined: Apr 2008
Posts: 836
Likes: 4
From: NC / SC between the Mtns and the Ocean
I don't get it. AFAIK, there was more damage causing things to be offline longer after Katrina, plus a monumental disaster in the recovery process going on down there at the time, and yet we have more gas shortages now than when we did then.
The only reason we had shortages then, was because of the panic buying. I think so many states are hyping the crackdown on price gouging this time around, the gas companies are like fine, we'll get it there when we get it there, no rush, let em wait.
I really believe that there is no shortage, there should be more gas than post Katrina, and yet there is less gas than post Katrina. The only logical reason I can find is related to the anti-price gouging, either they're in fear of getting charged with it, at a station level, so they don't buy the over priced gas from the distributor, or somewhere up the pipeline they're trying to remind the goverments who's boss, and that is the oil/gas companies, not the government.
And if there's any truth to this theory, it is a microcosm of what would happen if the Dems get there way and implement the 'windfall profit tax' on the oil companies. If you get paid $10 an hour, and work 40 hrs a week, making $400, and the boss comes to you and says you are capped out at $300 from now on, you still earn $10 an hr, but can't earn more than $300 a week, are you going to keep working 40 hrs? No, coz you can't make $400 anymore, you're going to work 30 hrs, to make your $300. (sucky wages, but easy math, you get the idea).
So, if you implement a windfall profit tax, the oil companies will make just enough oil to make as much as they can get away with, there is no incentive to produce more oil/gas if there's no additional profit to be had, so we would likely see massive shortages on a national level, not just a regional level like this.
Don't get me wrong, I think the oil/gas companies are screwing us in general, but I'm just pointing out that the windfall profit tax would have a negative effect, similar, if not worse, than what we are experiencing in the SE right now...
The only reason we had shortages then, was because of the panic buying. I think so many states are hyping the crackdown on price gouging this time around, the gas companies are like fine, we'll get it there when we get it there, no rush, let em wait.
I really believe that there is no shortage, there should be more gas than post Katrina, and yet there is less gas than post Katrina. The only logical reason I can find is related to the anti-price gouging, either they're in fear of getting charged with it, at a station level, so they don't buy the over priced gas from the distributor, or somewhere up the pipeline they're trying to remind the goverments who's boss, and that is the oil/gas companies, not the government.
And if there's any truth to this theory, it is a microcosm of what would happen if the Dems get there way and implement the 'windfall profit tax' on the oil companies. If you get paid $10 an hour, and work 40 hrs a week, making $400, and the boss comes to you and says you are capped out at $300 from now on, you still earn $10 an hr, but can't earn more than $300 a week, are you going to keep working 40 hrs? No, coz you can't make $400 anymore, you're going to work 30 hrs, to make your $300. (sucky wages, but easy math, you get the idea).
So, if you implement a windfall profit tax, the oil companies will make just enough oil to make as much as they can get away with, there is no incentive to produce more oil/gas if there's no additional profit to be had, so we would likely see massive shortages on a national level, not just a regional level like this.
Don't get me wrong, I think the oil/gas companies are screwing us in general, but I'm just pointing out that the windfall profit tax would have a negative effect, similar, if not worse, than what we are experiencing in the SE right now...
Last edited by karz10; Sep 28, 2008 at 01:04 AM.
Road Master
Joined: Oct 2007
Posts: 920
Likes: 3
From: Austell, GA
Haven't seen premium around ATL since Monday. Shelves are geting depleted of octane booster too. I have however seen $9.67 and 6.52 goi into the tanks of a couple BIG *** cars next to me at gas pumps lately. It was hard not to beat the **** out of those two idiots. My bike is half full. If I pass a gas station with gas, I'll fill up. If not, I'll sleep at work until this bullschitt settles a little.
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