Gas pipeline an issue or media will hype up story? (Charlotte: 2013, neighborhood)

[Carolina Knight]

There is supply available. Instead of increasing the price, utilize the supply that is readily available to the marketplace.

[MikeJaquish]

I heard on CNBC this morning that European shippers are sending tankers our way.

[BC1960]

Originally Posted by Carolina Knight

There is supply available. Instead of increasing the price, utilize the supply that is readily available to the marketplace.

Pipelines occupy fixed locations. They can't be served by refineries located in other places. Plus, there is very little, if any, slack in the gasoline supply. Its been decades since a new refinery was built in this country.

Colonial has indicated they will resume shipping on Sunday.

[Myghost]

Originally Posted by Carolina Knight

There is supply available. Instead of increasing the price, utilize the supply that is readily available to the marketplace.

Originally Posted by BC1960

Pipelines occupy fixed locations. They can't be served by refineries located in other places. Plus, there is very little, if any, slack in the gasoline supply. Its been decades since a new refinery was built in this country.

Colonial has indicated they will resume shipping on Sunday.

I believe BC1960 is correct.

There is plenty of supply of oil inventory available to be refined, but I believe that gasoline supply near point of sale is maintained very much as "Just in time" inventory.

[Prumio]

We are currently in Dallas. Stations here are starting to run out of gas & prices are up about $0.40 per gallon.

[wolfcub]

Been watching gas stations in NC raise their prices by the hour on Gas Buddy App.

I get increases are going to happen but not every hour. This is not supply and demand it is pure greed!!!

[DPK]

Originally Posted by Carolina Knight

There is supply available. Instead of increasing the price, utilize the supply that is readily available to the marketplace.

It's not that simple when you have fixed infrastructure like a pipeline.

[lamishra]

I assumed this would happen and filled up a few days ago, encouraged everyone else in my family to do so as well.

[pierretong1991]

I just went to get gas at lunch because I needed it and the gas station I went to increased its price by $0.20 from 2 hours based on the GasBuddy app (now at $2.45/gallon)

[luv4horses]

Latest news says all should be back to normal by Sunday (3 days hence), after all of the safety measures are tested at the point of origin. So, the price should not go up too much for too long. Of course, there will be more useage this weekend because of the Labor Day holiday. I notice that most stations are charging the same amounts, probably because any station with a cheaper price because of left over fuel would be targeted by too many vehicles trying to save a couple pennies. (Yes, I've been guilty of that myself.)