[AT] Higher gas prices or rationing

[Larry Goss]

I just finished a 1000 mile trip delivering a couple of tractors.  Gas price ranged from $3.97 to $3.51.

Larry


----- Original Message -----
From: David Bruce <davidbruce at yadtel.net>
Date: Thursday, October 2, 2008 12:04
Subject: [AT] Higher gas prices or rationing
To: Antique tractor email discussion group <at at lists.antique-tractor.com>

> Charlie,
> 
> Actually I agree with you.  During the panic buying raising 
> the price 
> was the only way to stop the panic - it was pervasive all that Friday.
> I stopped to fill my pickup (I use about half a tank a month in 
> it and 
> it was time for a fill) and the pumps at that station were busy 
> but not 
> swamped.  I went into the grocery store for about 30 
> minutes.  When I 
> exited the cars were lined up in the roadway waiting for gas.
> 
> On the Monday following that Friday I stopped by an independent 
> station 
> who has no gas and I chatted with the owner a bit - no contract, 
> the 
> current wholesale price was $4.75 to him - so he opted to leave 
> his 
> pumps dry.
> 
> We are slowly returning to a normal supply situation but we will 
> be just 
> a hurricane away from the same situation once again.
> 
> As much as I hated the price increases that was a better option 
> than not 
> being able to buy any at any price.
> 
> I stopped by a station to fill my car yesterday - 3.799 which is 
> down 
> from 3.999 last week.  I still saw many people filling as 
> many 
> containers as they could.  I also saw some stations with 
> bagged nozzles.
> 
> David
> NW NC
> 
> charlie hill wrote:
> > David,  I agree that $5.00 was a bit high but I'm going 
> to defend the 
> > actions of some of the stations on the day of the storm.  
> The store near my 
> > house went from $3.79 to $4.39 in 1 hour.  He never ran 
> out of gas and 
> > didn't have any lines.  Others in town went up to about 
> $4.  and had lines 
> > out in the street and lots of problems.  It happens that 
> I was working for 
> > an oil jobber that day.  His driver told me that the 
> price at the terminal 
> > that morning jumped to $4.15 wholesale to the jobbers.  
> That doesn't include 
> > the hauling, the 44 cents of NC and US tax or any overhead or 
> profit.  So 
> > $4.39 really wasn't out of range.  In fact if he hadn't 
> had some gas already 
> > in his tanks he would have been loosing money at that 
> price.  By the end of 
> > the day he had cut his price back to $4.29 and then the next 
> morning to 
> > $4.19.  The folks that kept selling cheap on the storm 
> day sold out and then 
> > were selling at about $4.20 or so when they got another load.
> > 
> > I think that the guys that raised the prices helped to stop 
> the panic buying 
> > and made it possible for folks that have to have gas on a 
> daily basis to 
> > still get some instead of having all of it packed in the tanks 
> of old ladies 
> > who don't burn a tank a month.
> > 
> >>From what I hear the reason that some stations here in eastern 
> NC don't have 
> > gas today isn't because they can't get it but because they 
> don't have a 
> > contract price locked in and can't compete with the guys that 
> do.    They 
> > don't want to pay $4.00 + and put it in their tanks to sit 
> there while their 
> > competitors sell at $3.60.  That is what the folks at 
> Sheetz stores told our 
> > local news folks concerning their new store in Greenville NC.
> > 
> > Charlie
> > ----- Original Message ----- 
> > From: "David Bruce" <davidbruce at yadtel.net>
> > To: "Antique tractor email discussion group" 
> <at at lists.antique-tractor.com>
> > Sent: Wednesday, October 01, 2008 11:38 PM
> > Subject: Re: [AT] possibly OT scrap prices---Wally gas
> > 
> > 
> >> John,
> >> In the Winston-Salem area we sill have spotty supplies - 
> maybe a third
> >> of the stations are dry at anyone time - apparently it is 
> much worse
> >> around Charlotte.
> >> Given the nature of the panic buying the other Friday I'm 
> surprised the
> >> local situation isn't much worse.  There are several 
> local retailers
> >> facing legal problems under the price fixing law - many of 
> them sold gas
> >> for more than $5.00/ gallon that day - after starting the day 
> at $3.85/
> >> gallon or so.  Of course they were the only stations 
> that had any gas at
> >> the end of the day.
> >> David
> >> NW NC
> >>
> >> John Hall wrote:
> >>> Not to start a bad fuel argument but back when gas was cheap 
> at $1.75, I
> >>> wouldn't use Wally world gas here. I knew several folks 
> (including 
> >>> myself)
> >>> that wouldn't buy it because it gave really poor performance 
> and mileage.
> >>>
> >>>  Don't know if the lack of fuel in your area has 
> anything to do with the
> >>> shortage here--they reported 80% of the stations in 
> Charlotte were out
> >>> yesterday. Supposedly we'll have plenty of fuel in the next 
> couple weeks.
> >>>
> >>> John
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