jeudi 31 août 2017

Gasoline Shortage in Dallas/Fort Worth

I felt this issue deserved a separate thread. Obviously not the most serious issue relating to Hurricane Harvey, so I did not want to distract from there.

From what I understand it is estimated about 20% of the US's refinery capacity is offline from the damage related to Hurricane Harvey. Most of the supply to DFW comes from Oklahoma rather than further south. Prior to the storms hitting gas prices have been hovering around the $2 mark in DFW this summer. IIRC as low as $1.75 and as high as $2.40 depending on the specific store or city in the metroplex. Yesterday the combination of rising prices, worries about a shortage, and tightening supply led to a run on the pumps. I saw prices as high as $2.40. My wife actually had to gas up regardless and we found gas for $2.09. Today I am seeing pictures at $5. There are still many places at about $2.50. I have heard of but not seen photos of $8.

A couple of local news links below. It is unfortunate how the panic cause most of the issue. However, how do we stop a large group from panicking? If you didn't gas up early and try to keep your supply high there is a big chance you'll need to gas up during the price surge. If you gas up early expecting there to be an issue, you contribute to the issue. DFW does have some good public transportation systems, but they are not very expansive. At my previous residence a 25 minute car ride took between 3 and 4 hours by bus and light right and also couldn't get me to work in time to start my shift. While there have been recent improvements, a lot of the area is not bike or pedestrian friendly.

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Attached Images
File Type: jpg Is this price gouging.jpg (74.1 KB)


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