Don't call it a RUMOR anymore Americans are going to run out of gas nobody wants to sell US oil anymore with the dollar going worthless, fact and simple - The Chinese are sick and tired and not gonna load you anymore credit so you can shop til you drop
(CNN) -- Gas shortages are afflicting drivers across the Southeast. Some of the problems were caused by Hurricane Ike affecting oil production and refining along the Gulf Coast, but empty gas pumps also are being blamed on the consumers themselves
CNN affiliates are reporting on the effects of the shortages that have caused many gas stations to shut down and many drivers to become frustrated
Asheville, North Carolina City officials in Asheville have closed the civic center, parks and offices because of the gas shortage, CNN affiliate WHNS-TV reports
Police also are monitoring stations that do have gas after reports of fights at pumps between drivers accusing each other of cutting in line
"It's been a nightmare for everybody," one driver, who found gas Thursday, told the station Read WHNS report on how the shortage is affecting North Carolina
Athens, Georgia A petroleum executive suggested that the football game between the University of Georgia and University of Alabama should be canceled this weekend because fans could drain all the gas in the Athens area, WSB-TV in Atlanta reported
"That gas needs to be used for people to go to work, and for people to take care of their families," Tex Pitfield, president and CEO of Saraguay Petroleum in Atlanta, told WGAU radio in Athens VideoWatch an iReporter's take on the gas shortage in Georgia »
But representatives of Georgia Gov. Sonny Perdue said he would not consider "a ridiculous idea like this," WSB said Read WSB's report on what
Gas shortages hit US southeast - Sep 23, 2008- Gas pipeline interruptions due to Hurricane Ike ( ITS AN EXCUSE!!) have drivers throughout the US southeast dealing with gas shortages, State and industry officials say it likely will continue until more oil refineries and fuel pipelines resume operations after being shut by Hurricane Ike. Jon Decker reports
US DOLLAR IS DEAD! AS OIL PRICE DROPS WHY DO YOU THINK GAS PRICE IS STILL GOING UP? BECAUSE NOBODY IS TRADING OIL WITH THE DEAD PETRO DOLLAR! MARTIAL LAW IS COMING TOO SO YOU BETTER STOCK UP NOW BEFORE THERES BLOODSHED AT THE GAS PUMPS!
US IS WAGING WAR AGAINST VENEZUELA, OUR #4 OIL EXPORTER, AND IRAN, PLUS OPEC NATIONS LIKE BRAZIL ALREADY DUMPED THE US PETRO DOLLAR!! WAKE UP
HANDS-ON: John Hofmeister, former Shell Oil Co president, says leaders need to make "courageous decisions" on energy
..
..
Mr Hofmeister suggested that the government impose limited gasoline rationing over the next four to six weeks, targeting regions where supplies will be reduced because hurricanes have shut down Gulf Coast refineries by temporarily cutting off their power
************************************* Ex-oil chief calls for gas rationing *************************************
One of the oil industry's most influential voices called Monday for a temporary 1970s-style rationing of gasoline in parts of the United States to help avoid hurricane-related shortages and declared that the Bush administration, the Congress and the two men running for president have failed to exhibit the courage needed to solve America's longer-term energy problems
"We need to get a Congress that is willing to make some courageous decisions, and we need to have a president willing to make courageous decisions with respect to energy supply," former Shell Oil Co President John Hofmeister told editors and reporters at The Washington Times
Mr Hofmeister, who now serves as chairman of the National Urban League, also said that America's current economic crisis is disproportionately hurting middle- and lower-income families
"The economy is actually quite weak for middle- and low-income folks because of the drain on their disposable income" resulting from soaring energy, food and health care costs, he said "America is suffering a lot more than is being reported"
Mr Hofmeister laid blame squarely on the country's political leaders, saying President Bush unnecessarily waited 7 1/2 years as gas prices soared to lift a presidential moratorium on offshore drilling and that Congress has made only token gestures to solve an energy crisis that requires significant action
As for the men seeking to succeed Mr. Bush, Mr Hofmeister said he has talked with energy advisers to both Democrat Barack Obama and Republican John McCain and hasn't heard a comprehensive solution
Both candidates, for example, oppose drilling for oil in the Arctic National Wildlife Refuge, although Mr McCain recently reversed his opposition to most offshore drilling and has endorsed a massive expansion of nuclear power
"Both campaigns have good ideas," Mr. Hofmeister said. But "this whole energy set of issues needs a short-term, a medium-term and a long-term set of solutions Neither campaign is looking at it holistically
"If you are running a corporation, you always have a short-, medium- and long-term strategy," he added. "If you are running US government, you tend to run it on political time, which is, 'What do we have to do in preparation for the next election?'"
Mr. Hofmeister recommended introducing an odd-even plan that he said successfully addressed short-term gasoline shortages during the energy crisis of the early 1970s. Drivers whose license plates ended in an odd number would be able to purchase gasoline on odd-numbered days He also recommended limiting the amount of gasoline drivers can purchase
The United States will be in "a world of hurt" for the next four to six weeks as the oil industry recovers from the damage from Hurricanes Gustav and Ike, said Mr. Hofmeister. The areas where rationing will be needed include the Southeast and extend northward toward Denver, the upper Midwest and Washington, D. C, he said
Not everybody is on board with that idea
HANDS-ON: John Hofmeister, former Shell Oil Co. president, says leaders need to make "courageous decisions" on energy (Barbara L Salisbury/The Washington Times)
"It's hard to support rationing," said Mary Novak, managing director of energy services at Global Insight. "We didn't ration after Hurricanes Katrina and Rita in 2005 Until we are experiencing some extraordinary pricing, rationing should not be necessary"
The U.S. Department of Energy (DOE) also declined to endorse Mr Hofmeister's rationing recommendation
"It's normal for prices to increase following periods of constraint - that's what happens when supply and demand are imbalanced," said DOE press secretary Healy Baumgardner "The Department of Energy is mitigating impacts to American families by working with the EPA to issue multi-state fuel waivers, releasing emergency exchanges from the Strategic Petroleum Reserve and monitoring gas-price gouging"
Mr. Hofmeister also lashed out at the U. S political system's failure to muster the courage to address the nuclear waste problem
He lamented the "fundamental problem in Congress," where he said it appeared to be more important to follow the rules of the Senate that permit two senators representing 25 million Nevadans to block the solution to the nuclear-waste storage problem at the expense of 300 million other Americans
Mr. Hofmeister decried the "lack of an energy policy in this country for most of the last 50 years," saying Americans became spoiled during the 1990s when energy prices hit "bargain-basement" levels, when oil sold for as little as $10 per barrel He stood behind a statement he made in congressional testimony earlier this year as the price of oil headed toward $147 per barrel
"$65 is a pretty good price," he said
Mr Hofmeister recently founded Citizens for Affordable Energy, which advocates increasing the supply of energy from all sources and making major investments in energy infrastructure
"We need a whole lot more energy to sustain the lifestyle we've chosen for ourselves," he said
Oil and Gas price disconnect - Reuters Aug 18 -Gas prices have kept pace with the rising cost of crude oil but not on the way down (THE REAL REASON IS BECAUSE US DOLLAR IS DEAD!!! DEADDDD!!! AND WE ARE WAGING WAR AGAINST OUR OIL PROVIDERS IN VENEZUELA (#4 export to US) AND OPEC COUNTRIES LIKE BRAZIL AND ARABS ARE DUMPING THE PETRO DOLLAR!!
************************************************************* As gas prices soar, so do ideas for going after gougers *************************************************************
LANSING - As the state handles more than 1,000 allegations of gas price gouging resulting from Hurricane Ike, the Legislature could change the way such charges are investigated
While Hurricane Ike devastated other parts of the country this month, Michigan gas prices jumped about 43 cents in a week, taking the average price per gallon to $4.17, according to AAA Michigan. The price per barrel of oil has fallen about $20 since late August
Price gouging, illegal in Michigan, is defined in the state as selling an item "grossly in excess" of what is reasonable," said John Selleck, press secretary for Attorney General Mike Cox. Sellers convicted of gouging face up to a $25,000 fine
There were reports that gas reached as high as $5 a gallon. The attorney general's office sent letters to 16 stations which increased prices the most dramatically, demanding information about their pricing
Rep. Darwin Booher, R-Evart, said he disagrees with stations that hear about potential storm damage to refineries and immediately increase prices
"If you go out there and set the prices up based on a disaster happening, that's gouging and they need to be prosecuted to the maximum extent of the law," he said
Durant, manager at PBS Party Store & Self Serve in Cadillac, said the hike in gas prices can be attributed to an increase in the wholesale cost, or the cost stations pay for the gas
"We only had to raise our price when our wholesale cost went up," Durant said. "I would like to make some money once in a while but that's not the case"
Competition has driven pump prices below the wholesale cost, causing some stations to actually lose money selling gas, said Mark Griffin, president of the Michigan Petroleum Association
Of the state's 5,000 gas stations, probably only a handful gouged, he added
"What consumers may not have known is our costs were going up 60 cents," Griffin said. "Consumers may have assumed they were getting gouged and they didn't realize that we had our cost go up. We probably should have been charging more like $4. 35"
On a national level, U.S. Rep. Bart Stupak, D-Menominee, advocates legislation that would make price gouging a federal crime
"We have seen oil prices fall to their lowest levels since April, even as Hurricane Ike crippled a quarter of our domestic oil production and refining capacity," Stupak said in a recent statement. "Yet gas prices are up across the country, with Michigan and at least five other state once again seeing prices over $4 a gallon. I fail to see how supply and demand fundamentals explain the simultaneous increase in gas prices and decrease in oil prices"
Meanwhile, the Michigan House passed two bills that clarify what the attorney general can use as evidence in looking into alleged price gouging
"Making sure we have gouging identified so we follow along what's gouging is a good thing," Booher said
But Ed Weglarz, executive vice president of the Association of Food and Petroleum Dealers, opposed the bills' vague definition of gouging
"What does that mean, 'grossly exceeds?' If you asked a hundred different people you get a hundred different definitions," Weglarz said "I think it's...
We are serious about your spiritual/physical health & well being~~~
Thank you for joining and adding value to the quest of the meaning of life/chayim
~Shalom/Welcome to SHEKINAH~LIFE'¬ Your hosts Jim and Terry Hamilton
B"H. As The Zohar itself proclaims: "Woe unto those who see in the Law nothing but simple narratives and ordinary words .... Every word of the Law contains an elevated sense and a sublime mystery .... The narratives of the Law are but the raiment within which it is swathed."
Leaving Comments: The Comments section of ShekinahLife-is provided in the interests of free speech only.
It is mostly moderated, however comments that are off topic, offensive, slanderous, or otherwise annoying-and-or-spamming stand a chance of being edited or deleted
We are serious about your Spiritual/Physical Health & Biblical Growth~~~ Serious students Listen, write notes, and study~~~ Take this to heart~~Anti-Rabbinism, Polygamy proponents and anti-Scholasticism will not be tolerated here! May the Torah truth be Revealed to All who come to this site Lastly a simple reminder; Read-Read-Read your TaNaKh until HaShem's Torah Becomes seamless within you As Sephardic Jews of the house of IsraEL,and Moderators of shekinahLife and in order to keep the Shalom... We do not endorse Paganism of any sort. so lets keep it in line with historical truth..and we thank you in advance.... **********************************************