I was just reading this and wondering if we are going to see sky rocketing prices for fuel due to refineries and terminals being shut down. From reading past posts I know there are a few forum members who know the ins and outs of the business, hopefully they can chime in.

 

http://www.oe.netl.doe.gov/docs/2012_SitRep6_Sandy_10312012_1000AM.pdf

I thought the largest refinery in NE was fine. I think we'll see some short term shortages for a few days then most locations should be ok. Just my personal view as I have no additional information.

 

The gas stations on route 3 near Secaucus have short queues and some pumps were empty, I think the situation in other towns will be much worse before it gets better.

 

TheWombat

I think you will see short term shortages from people buying excess fuel so that they can run generators - but that could be offset by the people who are staying home right now and not driving.

 

I think we'll be good.

I work for the fuel industries and only 2 refineries in nj made it through the storm and are still running.

Pretty much all the gas stations in Somerset county don't have power or anymore fuel

How many refineries are there in NJ?

They are discussing gas on 101.5, which stations are open, wait time, gouging, etc. They just read something about Valero stations not getting deliveries for another 2 weeks. Not sure how that is possible but if it's true that could cause some problems.

Let me rephrase myself.

 

There is a difference between scarcity and shortage. Scarcity is when there is a finite amount of supply with increasing demand. If you compare NJ with the rest of the nation, we have theoretically infinite supply (we don't, but for all intents and purposes we do).

 

If gas stations don't have gas right now, it isn't genuine scarcity. We can always truck in more gas. California had genuine scarcity a few months ago when plants went offline and nobody could make California legal fuel.

 

What we are seeing is a shortage, that is a temporary disruption in the supply. I emphasize temporary - people just bought all of the gas at the stations. But we can truck in more gas. We are seeing a temporary shortage, not genuine scarcity. I don't see this driving up prices as in a captive market like California. We also have less demand - people aren't necessarily driving anywhere right now. Demand plays a big part in increasing prices and scarcity follows.

 

This probably doesn't mean a darn thing to you if you are reading this on your smartphone in line at the gas station, though.

Hess port reading just starting shipping gas again so Hess stations should have a good supply in the coming hours

Im normally against more govt regulation but it maybe time to require gas stations to have some sort of backup pumping capability so this crap doesnt happen again

Im normally against more govt regulation but it maybe time to require gas stations to have some sort of backup pumping capability so this crap doesnt happen again

 

And who pays for that?

 

And who pays for that?

 

The gas station owners. Should be instituted in all newly built or renovated gas stations. They should want it to. It would help business

 

 

The gas station owners. Should be instituted in all newly built or renovated gas stations. They should want it to. It would help business

 

If it's so good for business, gas station owners will do it without legislation.

 

This is the attitude that dooms NJ. BTW, the cost will be passed on to the consumer. And for what? How many times has this situation occurred in NJ in the last 50 years?

 

 

And who pays for that?

Seriously?....i dont think a freeking backup generator which runs on gas THEY supply..would not set them back too much.im sure oil companies have plenty of dough to help out..and honestly who cares who pays for it..have a look at the 4 hr lines because they are offline..imagine this in Feb when its 20 degrees outside...then its becomes much more urgent.

.... any excuse for "big-oil" to raise prices.

 

 

If it's so good for business, gas station owners will do it without legislation.

 

This is the attitude that dooms NJ. BTW, the cost will be passed on to the consumer. And for what? How many times has this situation occurred in NJ in the last 50 years?

Any how many times has a situation like a storm of this magnitude happened in NJ over last 50 years?..people going cold in winter and being stuck not able to get anywhere is what will doom NJ..not any cost to a gas station..dont worry..if they have money to install hot dog rollers and icee machines..im sure they can scratch up a few sheckles for a genny...like most NJ citizens did already

 

Any how many times has a situation like a storm of this magnitude happened in NJ over last 50 years?..people going cold in winter and being stuck not able to get anywhere is what will doom NJ..not any cost to a gas station..dont worry..if they have money to install hot dog rollers and icee machines..im sure they can scratch up a few sheckles for a genny...like most NJ citizens did already

 

Of course the cost is insignificant when you are forcing someone else to pay the bill. How about you spend your money the way you like and let others do the same?

 

 

 

 

 

And ill keep watching fellow citizens wait for 4 hours like refugees on gas lines..Thats real civilized..isnt it?

And ill keep watching fellow citizens wait for 4 hours like refugees on gas lines..Thats real civilized..isnt it?

 

Perhaps your fellow citizens should have prepared better. It may be a good learning experience for them.

 

Americans used to value self-reliance and personal responsibility very highly. Now too many want the nanny state to take care of them. You want legislation to force gas station owners to pay for equipment to allow them to pump during a power outage. What's next? Maybe they should be forced to be open 24 hours so someone who didn't prepare/conserve is not inconvenienced? That's a laugh.

 

 

Perhaps your fellow citizens should have prepared better. It may be a good learning experience for them.

 

Americans used to value self-reliance and personal responsibility very highly. Now too many want the nanny state to take care of them. You want legislation to force gas station owners to pay for equipment to allow them to pump during a power outage. What's next? Maybe they should be forced to be open 24 hours so someone who didn't prepare/conserve is not inconvenienced? That's a laugh.

 

Good points.

Perhaps your fellow citizens should have prepared better. It may be a good learning experience for them.

 

Americans used to value self-reliance and personal responsibility very highly. Now too many want the nanny state to take care of them. You want legislation to force gas station owners to pay for equipment to allow them to pump during a power outage. What's next? Maybe they should be forced to be open 24 hours so someone who didn't prepare/conserve is not inconvenienced? That's a laugh.

 

When I heard about the storm, I waited till the last 24 hours, filled both cars up, got extra extension cords and extra propane for the generator.

Filled up in Jameson,PA today , no lines , no nothing.

 

New Hope,PA has gas too.

I realize that not all can go and I was there for business so i took the opportunity. 3 min wait.

 

 

Why can people not find gasoline? Why are there long lines? I don't get it.

 

Just drive 2 friggin hours and buy all the gasoline that you want, then drive back. There is no gasoline shortage around here.

 

Or am I confused?

I just filled my car an two gas cans in Woodbridge/perth amboy and the total time including the wait was 30 minutes. Hess on Florida grove road.

Why can people not find gasoline? Why are there long lines? I don't get it.

 

Just drive 2 friggin hours and buy all the gasoline that you want, then drive back. There is no gasoline shortage around here.

 

Or am I confused?

You're confused

Many of the people that are waiting in the crazy lines up here are running on fumes and probably wouldn't make it 20 minutes let alone 2 hours. More than one person has completely run out of gas waiting in line.

 

Add that to the stations that have run out of gas or don't have power and you have a greatly reduced number of available stations and you end up with 1-2 hour waits to get gas.

 

Luckily we filled up both cars before the storm and have only used up a quarter tank since then, so, knock on wood.. no waiting in long lines yet.

Luckily we filled up both cars before the storm and have only used up a quarter tank since then, so, knock on wood.. no waiting in long lines yet.

 

If you foresee yourself waiting in a line, then YOU are at fault. Drive 50 miles and fill up. Don't hope the closest station will have fuel. I highly doubt that everyone in line is running on fumes. They are just lazy or stupid.

The local Wawa in Flemington had no line at 4am 2 nights , i went for smokes. I guess people dont want the inconvinience themselves by waking up early.

 

There is gas out there, it's just a matter of timing.

Here is an interesting link from Twitter

 

http://hessexpress.com/FuelInformation

If you foresee yourself waiting in a line, then YOU are at fault. Drive 50 miles and fill up. Don't hope the closest station will have fuel. I highly doubt that everyone in line is running on fumes. They are just lazy or stupid.

Lazy, stupid, scared, or maybe they just got nothing better to do. Who knows. The fact remains that there are very very long lines up here at every station I drove by today.

 

And I can't honestly say it makes much sense to me to drive an hour away to get gas considering you'll end up burning at least couple gallons of it getting back. I'd rather wait an hour locally, fill up, and then drive 5 minutes back home with a full tank of gas. :unknw:

Just filled up. Cash only. Had a quarter of a tank and it still cost me 115 dollars. Thankfully I keep a cash stash at work