Oil's energy contribution has declined by about 12% since 1999. The world's economies have also declined by about 12%. (Using conventional metrics, which are time delayed determinations, this will only be seen in hind sight). The massive destruction of asset values now occurring testifies to it happening.
Peak is well behind us, world economies have peaked and will continue to decline.
Posted: Mon Sep 22, 2008 6:46 pm Post subject: CNN reports gas shortages in South East USA!
Atlanta gas crunch: 'We've got no gas here'
Quote:
ATLANTA, Georgia (CNN) -- Mohammed Hussain got 3,000 gallons of gas delivered to his Chevron station in suburban Atlanta on Saturday. By Sunday morning, all of the gas, priced at $4.39 per gallon for regular unleaded, was gone.
"We're dry. We've got no gas here," Hussain, the station's manager, said Monday morning.
He said he has "no idea" when the next shipment will come, even though he's been in constant contact with the local terminal.
"It could be days," he said. "Obviously, we're disappointed. We're being patient. That's all we can do."
link _________________ "Old elephants limp off to the hills to die; old Americans go out to the highway and drive themselves to death with huge cars".
-Hunter S. Thompson
Joined: May 13, 2005 Posts: 3068 Location: The Urban Village
Posted: Mon Sep 22, 2008 6:56 pm Post subject: Re: CNN reports gas shortages in Atlanta!
The quotes about the concern over prices (still at or under $5) when gas is not available at many stations underscores the complete unpreparedness of the people down there
Quote:
Christina Wedge, a resident of the Atlanta suburb Decatur, said her tank was on empty Sunday. When she went to fill up, she passed six stations closed down before finally finding one with gas for nearly $5 a gallon. She got just enough to continue looking for a cheaper price.
Quote:
"I waited 30 minutes to get gas," she said. "It does concern me. I'm actually frustrated that the prices are so high."
Quote:
According to AAA, Atlanta's drivers are in for sticker shock when they do find a station with gasoline. The average price in metro Atlanta, as of Monday, for a gallon of regular unleaded was $4.02, nearly 30 cents higher than the national average of $3.74.
Joined: Apr 08, 2006 Posts: 1464 Location: Somewhere there
Posted: Tue Sep 23, 2008 2:04 am Post subject: Re: CNN reports gas shortages in Atlanta!
I've spent last 3 weeks in Nashville , there is no gasoline anywhere. There is 4 gas stations around me, 1 of them has gas couple times a week for a few hours or so.
It won't be long till you'll see a line of unshaved men with a stock of 5-gallon jugs behind them.
Posted: Tue Sep 23, 2008 6:36 am Post subject: Re: CNN reports gas shortages in Atlanta!
Quote:
I've spent last 3 weeks in Nashville , there is no gasoline anywhere
Funny, I never thought of Nashville being the first place where the zombie hoards emerge and start eating the brains of the helpless citizens, but now that you mention it, it has all of the characteristics.... commuting culture, all of the growth happened during the 90's when oil was cheap, minimal if any mass transit, redneck attitude that says "I will give up my truck when you pry my cold, dead hands from the steering wheel".
Simmering below, of course, is a racial divide that no one talks about in these cities in the South. If it were not for the catastrophe on wall street, this catastrophe would be at the top of every news broadcast.
Joined: May 18, 2006 Posts: 4867 Location: Minneapolis, MN
Posted: Tue Sep 23, 2008 6:46 am Post subject: Re: CNN reports gas shortages in Atlanta!
Quote:
"I will give up my truck when you pry my cold, dead hands from the steering wheel".
This kind of attitude is not BS. I can see shootings pretty soon as these are the "types" that CC. _________________ Believe those who are seeking the truth. Doubt those who find it.
Posted: Tue Sep 23, 2008 6:51 am Post subject: Re: CNN reports gas shortages in Atlanta!
Heat, poverty and hunger in Atlanta are going to be a bad mix come summer.
pup55 wrote:
Quote:
I've spent last 3 weeks in Nashville , there is no gasoline anywhere
Funny, I never thought of Nashville being the first place where the zombie hoards emerge and start eating the brains of the helpless citizens, but now that you mention it, it has all of the characteristics.... commuting culture, all of the growth happened during the 90's when oil was cheap, minimal if any mass transit, redneck attitude that says "I will give up my truck when you pry my cold, dead hands from the steering wheel". Simmering below, of course, is a racial divide that no one talks about in these cities in the South. If it were not for the catastrophe on wall street, this catastrophe would be at the top of every news broadcast.
Joined: Mar 07, 2007 Posts: 318 Location: Houston, TX
Posted: Tue Sep 23, 2008 7:08 am Post subject: Re: CNN reports gas shortages in Atlanta!
I don't understand. I am in Houston and all gas stations have gas. And this is happenning a week after the hurricane. What is going on in Atlanta? Does not make sense
Posted: Tue Sep 23, 2008 7:19 am Post subject: Re: CNN reports gas shortages in Atlanta!
My understanding is that the people in the SE and East Coast are on a pipeline from the Houston/Beaumont area for their primary supply - until it reopens at full capacity, those on the ends of the line get the shaft.
Houston is awash in gas again. Haven't seen police at the pump for 3-4 days now, and most stations have at least regular and usually plus grades of gas. Super and diesel are a bit spotty in places, though.
Joined: May 13, 2005 Posts: 3068 Location: The Urban Village
Posted: Tue Sep 23, 2008 7:44 am Post subject: Re: CNN reports gas shortages in Atlanta!
Minvaren wrote:
My understanding is that the people in the SE and East Coast are on a pipeline from the Houston/Beaumont area for their primary supply - until it reopens at full capacity, those on the ends of the line get the shaft.
Houston is awash in gas again. Haven't seen police at the pump for 3-4 days now, and most stations have at least regular and usually plus grades of gas. Super and diesel are a bit spotty in places, though.
It would be interesting to know the details. Maybe Georgia has little storage capacity relative to demand? Here in the DC area there is no lack of gas and prices never went up more than a dime a gallon due to the storm. Maybe the gas is prioritized to the areas where people are willing to pay more? Still, it's only about $3.70 here and people would pay a lot more than that.
Joined: Apr 23, 2008 Posts: 172 Location: Georgia, USA
Posted: Tue Sep 23, 2008 8:07 am Post subject: Re: CNN reports gas shortages in Atlanta!
No gas here. I'm about 1 hour out of Atlanta. I filled up last week (after seeing info on this site), so I'm ok for a few weeks. Our local media was silent on this until yesterday (after all stations were dry).
Posted: Tue Sep 23, 2008 10:41 am Post subject: Re: CNN reports gas shortages in Atlanta!
dinopello wrote:
It would be interesting to know the details. Maybe Georgia has little storage capacity relative to demand? Here in the DC area there is no lack of gas and prices never went up more than a dime a gallon due to the storm. Maybe the gas is prioritized to the areas where people are willing to pay more ? Still, it's only about $3.70 here and people would pay a lot more than that.
This has been discussed around here in the past.
The "official" gasoline inventory is something like 200 million barrels, but virtually all of it is already sitting in tanker trucks or moving through pipelines. All of the storage tanks are empty. The entire country is running at minimum operating capacity, and every time there's a minor disruption, shortages pop up downstream. It could take weeks (maybe never) for delivery to return to normal. _________________ The whole of human history is a refutation by experiment of the concept of "moral world order". - Friedrich Nietzsche
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