GunnyGene
Hawkeye
Gas prices are going to spike.
http://money.cnn.com/2016/09/16/investing/gasoline-prices-shortage-pipeline-leak/
http://money.cnn.com/2016/09/16/investing/gasoline-prices-shortage-pipeline-leak/
Captain America said:There goes the media and the commodity speculators again. The US uses 140,430,000,000 gallons of gasoline a year, the 250,000 gallon spill accounts for about a 0.0000017% of what we use every year. If you do the math we have about 200,000,000 drivers in the US, if those drivers spilled just one ounce of gas every year while filling up that amounts to 12,500,000 gallons. This spill amounts to every driver spilling 0.00125 ounces of gas every year.
contender said:I saw people lined up at several gas stations yesterday. And in other places, some stations are showing as "Out of gas." Yet, others are just doing a brisk business. And of course prices will go up as alternate delivery methods require a bigger expense to get it to us.
GunnyGene said:What this demonstrates to me is how fragile our infrastructure has become. Any interruption in the supply of nearly anything (electric, gas, oil, food, water, transportation, communications, etc.) cascades thru many interdependent systems at unbelievable speed, and with far reaching effects.
Ale-8(1) said:GunnyGene said:What this demonstrates to me is how fragile our infrastructure has become. Any interruption in the supply of nearly anything (electric, gas, oil, food, water, transportation, communications, etc.) cascades thru many interdependent systems at unbelievable speed, and with far reaching effects.
Absolutely. This is a brief peek into what will happen when/if "the stuff hits the fan" and our usually dependable-but-invisible supply chains suddenly cease to function. It'll be quick and dirty.
:roll:
bigfuzzy said:...it doesn't matter, most stations are out of gas
GunnyGene said:It's not the size of the spill that matters as your math shows. It's the interruption in delivery thru a major pipeline that's the problem. The pipeline will likely be shutdown for at least a week, and very likely longer. That means alternate delivery via truck, etc., which costs more, is riskier, and slower. The bucket is being drained faster than it can be refilled as long as this pipeline is out of commission.