Saturday, September 03, 2005

Gas Pirates Continued

More proof that the pain in our wallets is just gaining gas stations, etc. more profit.

When the station did get a shipment of gas on Saturday, a day after running out, it asked only for regular gasoline because not many people were buying mid-grade and premium blends, Neuhart said. The station, which was charging $3.09 a gallon for regular, also was limiting drivers to 10 gallons per vehicle.

Across the street, a BP station was still out of gas Saturday, though the manager said a shipment was expected in by the afternoon.

Neuhart blamed the fuel shortage on "more rumor and gossip than anything else. People are panicking, and there's no reason for it."

A spokeswoman for Colonial Pipeline Co., which carries gasoline, home heating oil and jet fuel through points from Houston to New York, said Saturday that the pipeline was at 73 percent capacity on gasoline and distillate lines and expected to be back to normal operations by the end of the holiday weekend.

"The picture is a very good one," spokeswoman Susan Baranski said. "All product is being moved."

"Panic buying" is driving their profits up as they use it as yet another excuse to raise prices, and that excuse we can only blame on ourselves.

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