There is no fuel (east coast U.S). How will that affect prices of (all) boats?

[hannibalhouse]

Big picture.  All recreational toys will be parked.  Many “Covid boats” will be dumped on market, no buyers.  RVs, jet skis, sailboats and what all.  Pass the popcorn.

 

[hannibalhouse]

'Out of gas:' Drivers in the Southeast are scrambling for gas as stations run empty








Stephanie Asymkos


·Reporter
Tue, May 11, 2021, 1:01 PM




 
 



Gas outages are spreading across the Southeast as motorists rush to fill up their cars days after the biggest U.S. fuel pipeline temporarily shut down following a cyberattack.

While industry experts try to reassure the public, saying hoarding or stockpiling gas will only exacerbate the issue, drivers appear to be panicking. Both the governors of North Carolina and Georgia issued states of emergency.

“We ran out. We were out of gas before it all started,” a manager of a Shell gas station in Robbinsville, N.C., told Yahoo Money, referring to Gov. Roy Cooper's(D-NC) executive order on Monday. “We got an email saying that it could be without gas [for] extended periods of time because of the pipeline shut down.”

 ​

A view of empty gas pumps covered by bags in Charlotte, North Carolina, September 29, 2008. REUTERS/Chris Keane (UNITED STATES)




The worst of it appears concentrated in Virginia where 7.6% of stations are out of gas; North Carolina where 5.8% of stations have run out; and Georgia where 4.06% of stations are reportedly empty, according to Patrick De Haan, head of petroleum analysis at GasBuddy.

Gas demand across the U.S. jumped nearly 20% week over week on Monday, with a more than a 40% increase in Georgia, Florida, South Carolina, North Carolina, and Virginia. The national average hit $2.97 per gallon, matching the highest since 2018, GasBuddy found.

 ​

U.S. pipeline infrastructure for Colonial Pipeline. (Graphic: Colonial Pipeline)



The volume of those desperate to fill up their tanks is also overwhelming GasBuddy, an app used to find gas. As of Tuesday morning, a company spokesperson announced it was powering down “non-vital services” to accommodate the “intense traffic.”

The scramble comes after the Colonial Pipeline halted delivery over the weekend after a ransomware hack by a Russian criminal network. It has yet to announce when its mainline will be fully operational. The affected pipeline runs from Texas to New York and delivers about 45% of all fuel to the East Coast.

Photos and reports from the Southeast are flooding Twitter, showing long stretches of cars waiting for turns at the pump with some drivers bringing gas containers.

 ​

 

[Israel Hands]

Around here in ENC it has the feel of a moderate pre-hurricane panic. But there is still gasoline to be found.

This will all be over by next week.

 

[Sail4beer]

This will all be over by next week.

 ...Said the horsewhip salesman...

 

[Commercial Boater]

A great time to practice sailing on and off of my mooring!

 

[Snaggletooth]

Ime am thickeng increasse of 25 - 35 centes per gallone of dissplacemente...........                     

 

[Israel Hands]

 ...Said the horsewhip salesman...

Huh?  Not selling anything, just trying to tamp down the panic that has led to this shortage. 

The only dog I have in this fight is a small business that includes some contracted trucking, and my own fuel consumption commuting to work.  In speaking with trucking lines with this morning, trying to gauge the situation, the consensus was that supply should be okay so long as pipeline is back up and running by end of week.

 

[Sail4beer]

Its a bit of humor.

It’s what the horsewhip buggy people said about the automobile. Thought it was a fad.

They were out of business in a few years!

 

[Israel Hands]

I knew the ref but missed the point.  :blink:    But I agree that longer term, our current system has problems!  

One thing I think is already changing is that a large % of young people living in cities don't feel the need to own cars. My kids find themselves driving a lot less than they expected, and are happy to Uber around to events on weekends. So I'm not so sure the big shift will be to electric vehicles, so much as it will be away from vehicle ownership entirely in cities.

 

[h20man]

I suspect that we have a bit longer then a week.  The compromise of the systems is far greater then they at first let on.

It is CRIMINAL that in the United States, the land of silicone and software (and silicone implants), the government (knowing that it was a matter of time before this was going to happen) has allowed the insecurity in the information sector.

The problem is not just the pipleline...  IT (Information Technology) is behind everything.

The United States (and probably the whole western worlds) energy transmission network is compromised. No way to fix. So the response by the Americans is to attempt to plant cyber bombs into the Russian Grid... to 'stalemate' and ensure no issues...

I know the above sounds like a conspiracy theory from the dark web.. But the link leads to a NYTIMES story...

The big problem is that security is an afterthought.... instead of a design consideration.

But security is unimportant.. until it is.

Kind of like safety on a sailboat... 

sorry about the rant..

 

[h20man]

For those that want (or care) to know more: https://www.nytimes.com/2021/01/02/us/politics/russian-hacking-government.html

 

[SloopJonB]

I guess we can expect prices to rise in Vancouver.

 

[Ishmael]

I guess we can expect prices to rise in Vancouver.

Gas has actually dropped by a couple of cents here, but any emergency anywhere will drive up prices here, like it always does.

 

[Caliente]

This is a Black Swan event designed to prop up the price of oil. Expect more to come, as the inescapable rampant inflation will be blamed on energy costs/covid and not the frenzy of the money printing presses. People are working from home, the economy is in free-fall, people are being paid by the government to stay home and not work as occurred during the Weimar Republic, and the price of oil goes... up? One can explain all of this insanity on the central banks manipulating the currency at the end of a debt cycle. 

There is a glut of oil... and government debt.

 

[Mid]

 

[Borax Johnson]

An old adage from the investment biz: "the first news is never the worst news". "Bad news always comes on the installment pan". Plan on weeks or months if they ware saying days.

Nothing to see here until the tanks run dry, the FBI says we are stuck (yet again) and Washington DC goes radio silent. 

 

[Keith]

yawn

 

[El Borracho]

This is a Black Swan event designed to prop up the price of oil. Expect more to come, as the inescapable rampant inflation will be blamed on energy costs/covid and not the frenzy of the money printing presses. People are working from home, the economy is in free-fall, people are being paid by the government to stay home and not work as occurred during the Weimar Republic, and the price of oil goes... up? One can explain all of this insanity on the central banks manipulating the currency at the end of a debt cycle. 

There is a glut of oil... and government debt.

I'm confused. I thought Soros or the Rothschilds would be behind this? Work them in somehow and you'll really have something.

 

[SloopJonB]

This is a Black Swan event designed to prop up the price of oil. Expect more to come, as the inescapable rampant inflation will be blamed on energy costs/covid and not the frenzy of the money printing presses. People are working from home, the economy is in free-fall, people are being paid by the government to stay home and not work as occurred during the Weimar Republic, and the price of oil goes... up? One can explain all of this insanity on the central banks manipulating the currency at the end of a debt cycle. 

There is a glut of oil... and government debt.

I'm confused. I thought Soros or the Rothschilds would be behind this? Work them in somehow and you'll really have something.

The Jewish space lasers caused the pipeline shutdown?