Gas Scare Hits Atlanta

Discussion in '2005 Archive' started by JGrubbs, Aug 30, 2005.

  1. JGrubbs

    JGrubbs
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    Metro Atlanta drivers are facing the possibility of paying considerably more than $3 a gallon for gas by Labor Day -- if they can get it at all, The Atlanta Journal-Constitution is reporting Wednesday.

    The two pipelines that bring gasoline and jet fuel to the region are down -- powerless to pump as Hurricane Katrina wreaked havoc on electrical infrastructure.

    The metro Atlanta region generally has about a 10-day supply of gasoline in inventory, said BP spokesman Michael Kumpf. The pipelines have been down for two days.

    Alpharetta, Ga.-based Colonial Pipeline Co., cut off from its suppliers on the Gulf Coast, is now pumping gas from huge storage tanks, many in Powder Springs, Ga. Whether electric power can be restored to the pipeline pumps before supplies run out is "the great uncertainty ... that hangs over all of us," said Daniel Moenter, a spokesman for Marathon Ashland Petroleum, a major supplier of metro Atlanta's fuel.

    Developing...

    Source: Drudge Report
     
  2. KenH

    KenH
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    Several pipelines are down at the moment along with 1.5 million barrels per day of refining capacity, which means about 28,000,000 gallons of gasoline per day are not being produced.

    Obviously, the human suffering in all of this must be handled at the moment. The economic event, if these refineries and pipelines are not up and running soon, could send our economy into a recession by the first quarter of 2006, if not the fourth quarter of 2005.
     
  3. billwald

    billwald
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    We will find some kind of "work around." Always do.
     
  4. Brother Ian

    Brother Ian
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    I saw on Fox News last night a video of gas at over 6.00 a gallon.

    The reporter speculated that was to keep people from buying gas at that station. I guess they wanted to keep what they had in their tanks.
     

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