Category: Business

Posted on

Out of Gas

This entire past week has been a problem for everyone in this area who needs to buy gas. There is no gas to be had. 85% of the gas stations are out of gas at any given time of day or night.

When the stations do get a tanker truck delivery, they are only getting a partial load and it is only regular gas. There has not been a delivery of premium grade gas here for over 7 days.

The price is not going up any higher than $409 per gallon, with most of the public aware of laws against price gouging. The price stays about the same but some stations are putting limits on the amount of gallons you can get at one time. That limit is usually 10 gallons, although the Thornton’s chain has imposed a limit of $75 per purchase.

All of this is ecause of the disruption to our pipeline from Hurricane Ike. The refineries in Houston that are closed or damaged are the ones that service my town plus most of the southeast.

Posted on

Price of gas drops

Here in Nashville the price of gasoline dropped, for a few day we were paying $3.15 a gallon. Now it has went back up to $3.45 a gallon. Still better than the over $4.00 a gallon we were paying just a few weeks ago. I know this current price increase is from the hurricanes hitting the oil producing areas of the Gulf of Mexico.

Hope that when the storms are over, the price will go back down to a reasonable rate. We need the lower prices to make any money in our newspaper delivery business. Our expenses have gone through the roof this summer and we are on the verge of going under due to the price increases.

We will just have to sit and wait to see what the price does this week after the storm passes. I, for one, hope it goes back down, but I am not going to hold my breath.