Gas shortage in the South, why are prices still low?

Jarod

Well-known member
Contributor
So you cant find gas in Atlanta, but the price is still lower than here in West Palm Beach.

What happened to the supply and demand having a direct effect on cost?
 
So you cant find gas in Atlanta, but the price is still lower than here in West Palm Beach.

What happened to the supply and demand having a direct effect on cost?

They seem somewhat higher than the norm, they are in the upper 3 dollar range close to 4 dollars or more for a lot of places:
http://www.atlantagasprices.com/

While others are in the lower to mid 3 dollar range:
http://www.phoenixgasprices.com/
http://www.detroitgasprices.com/

Beyond that they are probably scared to go too high for fear of being accused by lefties (especially in an election year) of gouging.
 
So you cant find gas in Atlanta, but the price is still lower than here in West Palm Beach.

What happened to the supply and demand having a direct effect on cost?

LOL you can't be serious? The supply was interupted due to hurricanes and that sparked a panic by consumers who worried about low supply. This in turn created even greater shortages in the immediate area. Other areas did not fall victim to either the shortages nor the panic by consumers.

Pick up an economics book. This stuff might even be discussed on the back cover
 
LOL you can't be serious? The supply was interupted due to hurricanes and that sparked a panic by consumers who worried about low supply. This in turn created even greater shortages in the immediate area. Other areas did not fall victim to either the shortages nor the panic by consumers.

Pick up an economics book. This stuff might even be discussed on the back cover

Umm most of the SE gets their gas thru pipelines from the hurricane impacted area. No problem in KY we have a refinery or two of our own.

This is expected to continue for a couple of more weeks. Just look at what terrorist activity on a pipeline could do.
 
I think I misread your point Jared. I'm sorry. I agree with you that the prices in the affected area would be expected to be high. I thought you were asking why prices elsewhere had not gone up.
 
I think I misread your point Jared. I'm sorry. I agree with you that the prices in the affected area would be expected to be high. I thought you were asking why prices elsewhere had not gone up.

No problem, but my point stands... Gas prices are already so inflated that even when supply is really short the price does not go up. They have Gas at the price they want it, regardless of supply.
 
No problem, but my point stands... Gas prices are already so inflated that even when supply is really short the price does not go up. They have Gas at the price they want it, regardless of supply.
No it's not, I already showed you they are higher there.

They seem somewhat higher than the norm, they are in the upper 3 dollar range close to 4 dollars or more for a lot of places:
http://www.atlantagasprices.com/

While others are in the lower to mid 3 dollar range:
http://www.phoenixgasprices.com/
http://www.detroitgasprices.com/

Beyond that they are probably scared to go too high for fear of being accused by lefties (especially in an election year) of gouging.
 
Government interference.

Governor Purdue activated the "anti-gouging" law. The State is working diligently to ensure that rather than have gas available at some price, that consumers will only have to pay a reasonable price for the gas that is not available. Because of the price lock-down, and the majority of the fuel coming via pipeline to local terminals, there is no incentive to load tankers in Tennessee and bring fuel to the ATL area - you couldn't make your costs.
 
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And if he didn't, then today's headline from Jarod would have been:
"Oil corporations gouging us again!"
True.

The same damn if you do damned if you don't is happening to the Reps in Congress with regard to this bailout. The dems have the majority and can do as they please, they don't need the R's. So if the R's vote for it - they voted to bailout their Wall Street buddies. If they vote against or abstain, they were against bailing out the brown people.
 
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True.

The same damn if you do damned if you don't is happening to the Reps in Congress with regard to this bailout. The dems have the majority and can do as they please, they don't need the R's. So if the R's vote for it - they voted to bailout their Wall Street buddies. If they vote against or abstain, they were against bailing out the brown people.
I can see some playing that, but I don't think too many people are paying attention to what congress is doing one way or the other. The only person who will get blame for this is Bush and of course he deserves blame, but he will get all of it.
 
No problem, but my point stands... Gas prices are already so inflated that even when supply is really short the price does not go up. They have Gas at the price they want it, regardless of supply.

yeah but it is becuase of a disaster and raising the prices could be considered gouging.
And considering election time most politicos have come out against gouging this time around.
 
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