Gas Stations Run Out of Fuel in Texas - Austin, Fort Worth, more...

[goldenequity]

Gas Stations Run Out of Fuel in Texas, Insider "No more Shipments for 7-10 Days, At least"

https://www.youtube.com/watch?v=X5Apmrm460U

Austin, Texas, SORRY NO GASOLINE

https://www.youtube.com/watch?v=XDQkse_A3sA

Lewisville, TX Costco Gasoline Mayhem

https://www.youtube.com/watch?v=iICTMlXv5hU

No gasoline in fort worth TX

https://www.youtube.com/watch?v=Xg-nJn0G12Y


Driver panic fueling gas shortage

https://www.youtube.com/watch?v=6dzkpLg23BM


Gas shortages in Texas

https://www.youtube.com/watch?v=Kb-OtM-MmWE

Gas shortages in ft worth. Gas line at costco

https://www.youtube.com/watch?v=ZjNefW8_Vj8

[Anti Federalist]

Thank you "anti gouging" laws.

[CaptUSA]

Thank you "anti gouging" laws.

Yep. http://www.ronpaulforums.com/showthread.php?514576-Ron-Paul-on-Price-Gouging

In a just world, anyone enforcing those "anti-gouging" laws would be brought to justice and hanged for crimes against humanity. You know, it's funny that we blame Stalin for the lives lost due to his economic policies and yet, our government does the same damned thing and people applaud its benevolence.

[Zippyjuan]

https://www.ksat.com/news/despite-rumors-there-is-not-a-gas-shortage


Despite rumors, there is not a gas shortage

Distribution issues coupled with consumer panic are causing many gas stations to temporarily run out of gas, but it’s not because of a gas shortage.

Texas Railroad Commission chairman Christi Craddick has taken to Twitter to assure people that there is no gas shortage in Texas. She’s asking people to stay calm and not perpetuate rumors.

Texas Railroad commissioner Ryan Sitton has also posted on Twitter that there is no gas shortage.

Stations are running out of gas due to higher demand right now. It’s also leading to higher gas prices and creating logistical issues for gas stations waiting to have their tanks refilled.

In a statement on Texas Food & Fuel Association's website, TFFA president Paul Hardin said, "... you may see some retail sites with limited dispensers in operation; however, those cases should not be seen as there being a fuel shortage issue, rather, they are strains that reflect the emergency operation needs in the Southeastern region of the state."

He estimated the issue could last about a week.

[goldenequity]

Case Study


https://www.youtube.com/watch?v=bkl_lI2kEzE

[Zippyjuan]

https://www.dallasnews.com/news/harvey/2017/08/31/north-texas-drivers-need-know-spreading-gas-shortages


How panicked drivers are making North Texas gas shortages worse

Why are we seeing gas shortages now?

Texas is the energy capital of the country, both in terms of crude oil production and refining that into different types of fuel such as gasoline, diesel, jet fuel and other products. Several refineries shut down as a precaution before Harvey made landfall in southeast Texas coast on Friday night as a category 4 hurricane. In the following days, as the storm caused widespread flooding, more inland refineries stopped operations. As of late Wednesday, more than a fifth of the nation's refining capacity -- including two of the country's largest oil refineries -- was out of commission as oil companies battled flooding.

How long will this last?

There is still a great deal of uncertainty. Many refineries have not said when they expect refineries to be back up and running. But experts aren't panicking.

Jay Hatfield, portfolio manager of InfraCap's AMZA fund, said the "chances of this being a long-term shortage is zero. The only question is does it last one week, two weeks or three weeks, not a month, two months, three months."

There's little evidence of major damage at most Texas Gulf Coast refineries, which are well-equipped to deal with flooding, Hatfield said. However, they can't just flip a switch and immediately start producing gasoline and diesel.

"The good news is it takes one to two weeks," Hatfield said about the risk of an extended disruption. "The bad news is it takes one to two weeks." In the meantime, Hatfield said tankers of gasoline could be diverted to Houston. Gasoline from refineries in Oklahoma and other nearby states could also be tapped into ease the supply crunch.

The Houston Ship Channel, which closed because of Harvey, partially reopened Wednesday. The U.S. is also a significant exporter of gasoline. Now some of that supply is likely to be diverted to domestic use.

How bad is it now?

In the short-term, gas shortages are often created by the panic of people keeping their tanks topped off. This sudden demand throws off the supply. As a result, regular deliveries to pumps -- which are based on normal seasonal demand -- become inadequate to meet the new rush for gas.

There were multiple reports on social media about long lines in front of gas stations in the D-FW area.





At the Dallas-area gas stations, prices have started rising, but not too sharply yet.

From about $2.22 on Friday, before Harvey made landfall, gas rose to an average of $ 2.42 Thursday morning. However, there were reports of some gas stations charging $ 2.99 or more mid-day Thursday.


Most gas stations have scheduled deliveries, based on average use-per-day. So if a gas station runs out it may be without gas until its next scheduled delivery, but it will get gasoline.

[Wooden Indian]

https://www.ksat.com/news/despite-rumors-there-is-not-a-gas-shortage

There's no shortage of gas... We just don't have any because we're uhh... short on it.

HA!

[CaptUSA]

https://www.ksat.com/news/despite-rumors-there-is-not-a-gas-shortage

Pathetic, Zippy. You ran away from the other thread and then post this crap?! "There's not a shortage - just distribution issues... Those "distribution issues" would evaporate in a second if you got the government out of the way! If you need gas, it doesn't matter why there's a shortage - there's a shortage! The market has a fix for this.

[Anti Federalist]

There's no shortage of gas... We just don't have any because we're uhh... short on it.

HA!

LOL - I was laughing at that as well.

[Wooden Indian]

LOL - I was laughing at that as well.


You have to wonder what kind of asshole says things like that with a straight face.

[acptulsa]

https://www.ksat.com/news/despite-rumors-there-is-not-a-gas-shortage


In a statement on Texas Food & Fuel Association's website, TFFA president Paul Hardin said, "... you may see some retail sites with limited dispensers in operation; however, those cases should not be seen as there being a fuel shortage issue, rather, they are strains that reflect the emergency operation needs in the Southeastern region of the state."

So the gas shortage should not be seen as a gas shortage. But, wait...


https://www.dallasnews.com/news/harvey/2017/08/31/north-texas-drivers-need-know-spreading-gas-shortages


How panicked drivers are making North Texas gas shortages worse

Why are we seeing gas shortages now?

Texas is the energy capital of the country, both in terms of crude oil production and refining that into different types of fuel such as gasoline, diesel, jet fuel and other products. Several refineries shut down as a precaution before Harvey made landfall in southeast Texas coast on Friday night as a category 4 hurricane. In the following days, as the storm caused widespread flooding, more inland refineries stopped operations. As of late Wednesday, more than a fifth of the nation's refining capacity -- including two of the country's largest oil refineries -- was out of commission as oil companies battled flooding.

So it is a shortage, but it wouldn't be a shortage if people had just stopped buying gas. So the shortage is not a shortage and wouldn't be a shortage if people had just stopped driving like there was a shortage and waited to fill their tanks until they couldn't get gas because of the shortage.

Oh, thank you Zippy, for straightening our thinking out. What would we do without you adjusting our attitudes?

[angelatc]

https://www.ksat.com/news/despite-rumors-there-is-not-a-gas-shortage

Stations are running out of gas due to higher demand right now.

You're just posting to make noise. Demand is the only thing that causes shortages, silly. Prices are supposed to rise when demand rises. That's how the free market rations limited resources.

Additionally, the storm knocked out a significant percentage of our refineries, so prices are expected to rise as a result.

https://energy.gov/sites/prod/files/2017/08/f36/Hurricane%20Harvey%20Event%20Summary%20%2311.pdf

However, the main reason for the gas shortage isn't a lack of crude oil, but rather the shutdown of 10 oil refineries in the Gulf Coast, as well as infrastructure to transport it, as Harvey continues to pound Texas and Louisiana.


"There's a glut of crude, but there's never a glut of gasoline during driving season because we operate on 'just-in-time' refining," said Tom Kloza, global head of energy analysis at the Oil Price Information Service. "Now we've lost about 40 percent of our ability to make gasoline east of the Rockies. We're seeing apoplectic increases in the futures market and even more so in the spot market."

Kloza predicted "a couple weeks of very serious scrambling, serious price increases," noting that prices could go up by as much as 50 cents a gallon in some parts of the country.

[acptulsa]

However, the main reason for the gas shortage isn't a lack of crude oil, but rather the shutdown of 10 oil refineries in the Gulf Coast, as well as infrastructure to transport it, as Harvey continues to pound Texas and Louisiana.

And yet Trump's brilliant gesture is to release part of the strategic reserve, which is crude oil, and useless to us unless and until we can refine it.

There are supertankers full of crude oil waiting in line to offload. What are we supposed to do with this release from the strategic reserve? Pour it on the floodwaters and set it on fire to speed up evaporation?

[jllundqu]

And yet Trump's brilliant gesture is to release part of the strategic reserve, which is crude oil, and useless to us unless and until we can refine it.

There are supertankers full of crude oil waiting in line to offload. What are we supposed to do with this release from the strategic reserve? Pour it on the floodwaters and set it on fire to speed up evaporation?

Agreed. This was foolish. We don't have a short supply of crude, we are swimming in abundant crude right now with ships lining up to offload more. We need refined product, geniuses. I swear, Idiocracy was not meant to be a roadmap.

[Anti Federalist]

"There's a glut of crude, but there's never a glut of gasoline during driving season because we operate on 'just-in-time' refining," said Tom Kloza

And this, this concept right here, could get me going for a multi page rant.

It's one of the offshoots of the hyperized technology, "globalized" system that will someday result in a literal "zombie apocalypse".

[Anti Federalist]

One other thing to consider as well:

Stored gasoline stocks at this time of year are being drawn down, as refineries use up "summer" fuels and start to refine "winter" fuels.