Refineries in Texas Closing Down?

Discussion in 'Gen 2 Prius Main Forum' started by amichel, Sep 11, 2008.

  1. amichel

    amichel New Member

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    I live in Chattanooga and they are broadcasting on the radio here that some refineries in Texas are shutting down tonight and gas will be $1.50 a gallon MORE tomorrow! I waited in line to get gas, and people were filling up gas cans as well as their cars. Is there any truth to this?

    I have to say, I felt pretty good when I topped off my Prius with a little over 5 gallons of gas.;)
     
  2. Zythryn

    Zythryn Senior Member

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    I don't think this would happen. Aren't there federal laws about price gouging?
    I know there are plenty of shortages in Houston and along the evacuation route. But I don't see gas prices taking a jump of $1.50 overnight.
     
  3. EJFB1029

    EJFB1029 New Member

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    Not all refineries in Texas will be shutting down, ours will probably be kept going, want me to send you some gas? :D
     
  4. amichel

    amichel New Member

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    I wonder why people were so panicked? There were lines going into the streets.

    If people don't calm down around here, I may have to get you to send me some gas -- but not for another week or so, when my little ten gallons is exhausted. :)
     
  5. rfruth

    rfruth Member

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  6. Tdoff1

    Tdoff1 New Member

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    Gas has hung steady around $3.45-$3.50 here......any excuse to jack the price and my bet is it will blast up above $4.00/gallon again soon. Damn, I am glad I traded my quad cab v8 pick up for my Prius! :party:.
     
  7. justlurkin

    justlurkin Señor Member

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    Hmm.. I think the increase is $0.15, not $1.50.

    15 cents is the increase in price in RBOB gasoline futures contracts on the New York Mercantile Exchange when I checked this afternoon. Yea, I'm an investor geek. :D
     
  8. zenMachine

    zenMachine Just another Onionhead

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    Ike looks like a monster. It literally covers the entire Gulf of Mexico. Surely all those rigs and pipelines will be impacted somehow.

    Filled up my car yesterday morning at $3.25/gal. We'll see how things go this weekend. Now would be a good time to have the Prius as a backup generator. Oh well, at least we're stocked up on water, candles and dried noodles.
     
  9. Bob47

    Bob47 New Member

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    Gas at stations here in the Metroplex jumped about $0.15 yesterday but were the same this morning as last night. There are a couple of refineries shutting down because they are within the evacuation area. Most of the rigs in the Gulf that were shut down for Gustav have not yet begun production.
     
  10. swi66

    swi66 Member

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    Have you ever heard of anyone being actually charged with price gouging?
    Any fine they would pay if convicted woyuld be peanuts compared to what they made...........
     
  11. realale

    realale Junior Member

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    Here's the concern articulated in a cool weather blog I follow:

    "The situation is grim for Port Arthur, Texas, on the Louisiana border. The expected storm surge of 15-20 feet will overtop the city's seawall by six feet, resulting in flooding of the city and a number of major oil refineries. Expect a significant tightening of gas supplies in coming months, due to extensive damage to the oil refineries in the Houston and Port Arthur area."

    Wunder Blog : Weather Underground

    Prices have popped in St. Louis from $3.59 into the $3.7X range.
     
  12. Neohybrid

    Neohybrid Not-so-junior member

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    A couple of stations around here shot up 18-20 cents overnight, but not all have followed suit yet. I just checked on "gas watch" and it looks like several have gone up 5-7 cents since yesterday. Some are still in the $3.45 - $3.59 range.
     
  13. galaxee

    galaxee mostly benevolent

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    gas went from $3.59 to $3.99 overnight here. i filled up at $3.99 on my way home from work- bad time to get low on gas! folks are reporting $5 gas in raleigh on the radio. we have a full-out panic going on over here because of the approaching hurricane- everyone is thinking of katrina. the governor has declared an abnormal market condition and is enforcing price-gouging laws.

    As Ike nears, chain asks for limit on gas buys - Yahoo! News
     
  14. tochatihu

    tochatihu Senior Member

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  15. Neohybrid

    Neohybrid Not-so-junior member

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    Four hours after my earlier post gas is averaging $3.69 in the area -- up another ten cents from this afternoon. A friend in Atlanta e-mailed that prices are between $4 and $5 in his area. Crazy!
     
  16. keebo52

    keebo52 Junior Member

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    Just watched the 10 pm news and some independent stations in Jackson, MS are charging over $5/gal. Luckily, I filled up yesterday at $3.59.
     
  17. SCfromSC

    SCfromSC I take my gas in a sippy cup

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    Here it's at $4 and is expected to rise again tomorrow. There was a report of one station about 50 miles from here that was charging $5.45 a gallon. Holy CRAP!!!
     
  18. Celtic Blue

    Celtic Blue New Member

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    I filled up both vehicles today at $3.49, couldn't believe it hadn't gone up yet. I used to live down in the middle of that and am very glad not to be sitting there waiting for this one. The surge looked pretty bad on Friday morning even in areas I once frequented.

    Having been through the mess when Rita missed Houston, I'm glad I'm not there now. It's awfully disappointing when you can see refineries nearby, but can't get gasoline for 4 or 5 days.

    This storm is so big it is going to have a large and sustained impact.
     
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