----- Original Message -----
From: "Jed Rothwell" <[EMAIL PROTECTED]>
To: <vortex-L@eskimo.com>
Sent: Wednesday, August 31, 2005 1:30 PM
Subject: Gasoline panic has begun in Atlanta
a friend of mine with an SUV just called. She went to three gas stations in
Atlanta and they were out of gasoline. The fourth one, Citigo, was selling
premium gasoline at $3.50 per gallon and they expect the price to rise to
$4.00 within a few days.
I told her "serves you right for driving that big car!" It serves the
whole damn nation right. I am sorry, but I have zero sympathy for people
who drive gas guzzlers. They should have known this was going to happen
sooner or later.
I expect this is a deliberately induced shortage, and it will be
temporary. Atlanta is gasoline pipeline distribution point for most of the
East Coast and we have millions of tons of gasoline about 2 miles from
where I am sitting, so I think is extremely unlikely there is an actual
shortage. But fundamentally there is a worldwide shortage of oil and it
will only get worse. My wife is worried there may be riots, but I doubt
it.
- Jed
I heard on CNBC that one of the pipelines to Atlanta is expected to have
power by tomorrow evening. Not sure if the gasoline will be flowing, but at
least there is light at the end of the tunnel.
I agree, this is just an indication of the energy problems to come. Now we
can all see just how quickly a commodity can move up in price when it's in
short supply. What will happen when peak oil is reached?
