NONRENEWABLE RESOURCE: Gas shortages spread in the south and up the eastern seaboard
2008 September 21
Drivers in the south and parts of the eastern seaboard of the United States are pulling up to gas stations only to discover dry pumps. Some factors resulting in shortages include the consequences of Hurricane Ike and rumors of gas shortages, which results in panic buying. Some gas station owners are taking advantage of the panicked market by gouging prices. However, states are fighting price gougers. Some areas reporting shortages include:
- Alabama: “Alabama AAA spokesman Clay Ingram said people were still lining up at the pumps Friday with more panic buying, but on a smaller scale.”
- Georgia: “Several Albany gas stations are without gas again this weekend.”
- North Carolina: “Schools across North Carolina are having trouble finding fuel for buses – at any price.”
- Tennessee: “Authorities in Nashville estimate three-quarters of the Tennessee city’s gas stations ran dry after rumors of a shortage spread.”
- Virginia: “Now gas stations in Central Virginia are battling supply problems, many of them running out of gasoline all together.”
Report gas gouging: DOE’s Gas Price Watch Hotline
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