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In Sandy's aftermath some refineries wait for electricity

GasBuddy Blog -- Sandy's aftermath is still being felt and its economic impact is still being tallied. Some entire towns remain under water but one thing remains certain; gasoline prices in some parts of the northeast will be going up.

It's not 'price gouging'. Don't blame the retailers. Don't blame politicians. Don't blame Wall Street hedge funds. Don't blame OPEC.

It's all boils down to supply and demand and in the northeast, gasoline supply, unfortunately, has tightened. East Coast refineries had been running at 81.8 percent of capacity (well below the national rate: 87.2 percent) in the week before Sandy reached New Jersey and just before its arrival, refineries in NJ, DE, MD and PA wisely shut down for safety precautions. Unfortunately...

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Submitted Oct 31, 2012 By: PD

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MinnesotaDJ Champion Author Minnesota Posts:4,741 Points:772,535 Joined:Feb 2010	Message Posted: Dec 9, 2012 6:01:40 PM Ignore MinnesotaDJ Report Abuse This is the ONE time someone needs to get involved!!! Whatever happened to the investigations into the refinery(s) that said they were closed and were not?
Gas4Gore Champion Author Detroit Posts:2,411 Points:421,925 Joined:Jan 2010	Message Posted: Nov 3, 2012 11:28:59 PM Ignore Gas4Gore Report Abuse Union are not much good as they scare help away.
dcone2 All-Star Author Los Angeles Posts:909 Points:82,685 Joined:Jul 2012	Message Posted: Nov 3, 2012 3:12:54 PM Ignore dcone2 Report Abuse ok
gasokie Champion Author Oklahoma Posts:3,442 Points:1,323,805 Joined:May 2007	Message Posted: Nov 3, 2012 11:22:51 AM Ignore gasokie Report Abuse Bush's fault...again.
Donatelo Champion Author Dayton Posts:1,121 Points:292,685 Joined:Apr 2011	Message Posted: Nov 2, 2012 1:03:01 PM Ignore Donatelo Report Abuse ok
99dakota Champion Author Providence Posts:8,107 Points:2,171,725 Joined:Oct 2006	Message Posted: Nov 2, 2012 6:09:27 AM Ignore 99dakota Report Abuse This should be a priority.
Donatelo Champion Author Dayton Posts:1,121 Points:292,685 Joined:Apr 2011	Message Posted: Nov 1, 2012 3:30:05 PM Ignore Donatelo Report Abuse ok
jethro5000 Champion Author Kentucky Posts:1,872 Points:390,260 Joined:Jun 2005	Message Posted: Nov 1, 2012 6:58:00 AM Ignore jethro5000 Report Abuse Hmmmm
tomok Champion Author Portland Posts:32,975 Points:2,344,535 Joined:Aug 2006	Message Posted: Nov 1, 2012 5:17:12 AM Ignore tomok Report Abuse In Sandy's aftermath some refineries wait for electricity - less fuel supply, more fuel demand, higher fuel prices, consumer pays more everytime. Whatever the size or shape of the vehicle, Produce and ‘Drive’ vehicles with high MPG, are very safe, reliable, have a ‘reasonable’ cost and a good ‘value’ for the money. The price of fuel at the pump is too high! XII/XXII/MMXII!
bston Champion Author Oklahoma City Posts:1,810 Points:641,075 Joined:Mar 2011	Message Posted: Nov 1, 2012 1:08:42 AM Ignore bston Report Abuse Sadly it might be a bit of a wait for some of those people.
pastorpaulcg Champion Author Virginia Posts:3,615 Points:775,785 Joined:Dec 2010	Message Posted: Nov 1, 2012 12:17:04 AM Ignore pastorpaulcg Report Abuse Hopefully soon
OGW Champion Author London Posts:5,324 Points:1,531,150 Joined:Sep 2005	Message Posted: Nov 1, 2012 12:07:01 AM Ignore OGW Report Abuse So are we!
boatfloyd Champion Author Jacksonville Posts:1,713 Points:387,000 Joined:Mar 2012	Message Posted: Nov 1, 2012 12:04:47 AM Ignore boatfloyd Report Abuse Allot of people are waiting for electricity.
rahcat Champion Author Grand Rapids Posts:2,463 Points:661,225 Joined:Jan 2010	Message Posted: Nov 1, 2012 12:03:45 AM Ignore rahcat Report Abuse A bad situation.
dpt Champion Author Michigan Posts:2,249 Points:2,202,015 Joined:Mar 2005	Message Posted: Oct 31, 2012 11:59:37 PM Ignore dpt Report Abuse I mean DEMAND side. Can't seem to edit a blog reply, for some reason.
dpt Champion Author Michigan Posts:2,249 Points:2,202,015 Joined:Mar 2005	Message Posted: Oct 31, 2012 11:58:45 PM Ignore dpt Report Abuse I'd suspect traffic volumes are down, too. That would help the supply side.
OGW Champion Author London Posts:5,324 Points:1,531,150 Joined:Sep 2005	Message Posted: Oct 31, 2012 11:57:51 PM Ignore OGW Report Abuse Many of us are still waiting for electricity also.
WIWalt Champion Author Wisconsin Posts:1,724 Points:414,755 Joined:Mar 2012	Message Posted: Oct 31, 2012 11:57:17 PM Ignore WIWalt Report Abuse ok
pbear316 Champion Author Akron Posts:2,025 Points:676,165 Joined:Apr 2011	Message Posted: Oct 31, 2012 11:54:56 PM Ignore pbear316 Report Abuse Ok
Gas4Gore Champion Author Detroit Posts:2,411 Points:421,925 Joined:Jan 2010	Message Posted: Oct 31, 2012 11:54:38 PM Ignore Gas4Gore Report Abuse Let's get going
Aviator_Rob Champion Author New York Posts:3,795 Points:412,565 Joined:Mar 2012	Message Posted: Oct 31, 2012 11:44:19 PM Ignore Aviator_Rob Report Abuse Does anyone know how much fuel the average generator burns per day? Gotta figure a lot of people are driving to the gas station that has electricity in order to fill up their 5-gallon containers.
Gas Thirsty Champion Author Los Angeles Posts:4,876 Points:3,226,800 Joined:Mar 2003	Message Posted: Oct 31, 2012 11:42:50 PM Ignore Gas Thirsty Report Abuse Look for prices to go up.
GRUMPY55 Champion Author California Posts:1,624 Points:422,525 Joined:Oct 2011	Message Posted: Oct 31, 2012 11:42:12 PM Ignore GRUMPY55 Report Abuse It's price gouging.
Aviator_Rob Champion Author New York Posts:3,795 Points:412,565 Joined:Mar 2012	Message Posted: Oct 31, 2012 11:41:37 PM Ignore Aviator_Rob Report Abuse That seems like a good idea, @DEG, but the problem is that there are too many grades of fuel on the market, in order to accommodate all of the different requirements of all 50 states. What this country needs is one grade of fuel that all 50 states can agree on, not the "boutique fuel" setup we currently have. Why can't everyone have the same high quality fuel that California requires? Would it really be much more expensive if every refinery could make it and every state could buy it?
SavALot Champion Author Virginia Beach Posts:8,464 Points:1,710,635 Joined:Apr 2005	Message Posted: Oct 31, 2012 11:39:12 PM Ignore SavALot Report Abuse The prices will probably suffer
naspa Champion Author Cleveland Posts:1,266 Points:351,175 Joined:Jan 2012	Message Posted: Oct 31, 2012 11:37:29 PM Ignore naspa Report Abuse Price of gas didn't even drop where I live.
Aviator_Rob Champion Author New York Posts:3,795 Points:412,565 Joined:Mar 2012	Message Posted: Oct 31, 2012 11:37:11 PM Ignore Aviator_Rob Report Abuse Unfortunately, @jalan25, the strategic petroleum reserve consists of crude oil. We have plenty of crude supply. What isn't working right now in the northeast are the refineries that make gas, diesel, fuel oil, etc out of that crude.
whaboush Champion Author Richmond Posts:1,233 Points:730,660 Joined:Nov 2010	Message Posted: Oct 31, 2012 11:35:32 PM Ignore whaboush Report Abuse scary stuff
mageetp Champion Author British Columbia Posts:3,200 Points:624,680 Joined:Aug 2011	Message Posted: Oct 31, 2012 11:34:29 PM Ignore mageetp Report Abuse Tomorrow should bring a better outlook.
ican2step Champion Author Pittsburgh Posts:1,676 Points:426,425 Joined:Feb 2012	Message Posted: Oct 31, 2012 11:29:31 PM Ignore ican2step Report Abuse okay
truvoice1 Champion Author San Diego Posts:1,278 Points:473,365 Joined:Feb 2011	Message Posted: Oct 31, 2012 11:27:00 PM Ignore truvoice1 Report Abuse Wow! It makes no sense at all that these refineries don't have at least part of their campuses on backup power. It is apparent that they are huge power users, so having the whole refinery on back up power may not be feasible; but I am sure that a couple of super-sized diesel generators could enable the refinery to operate at least partially to make, let's say - gasoline? Or maybe they are just looking for an excuse to raise prices?
abcdMA Champion Author Worcester Posts:7,917 Points:1,574,005 Joined:Nov 2008	Message Posted: Oct 31, 2012 11:26:24 PM Ignore abcdMA Report Abuse usage is down as without electricity obne cannot pump gas
preacherjohn Champion Author Modesto Posts:3,982 Points:1,917,850 Joined:May 2006	Message Posted: Oct 31, 2012 11:23:58 PM Ignore preacherjohn Report Abuse we'll see..
jrsva Champion Author Virginia Posts:9,847 Points:1,612,025 Joined:Jan 2006	Message Posted: Oct 31, 2012 11:18:04 PM Ignore jrsva Report Abuse Interesting. The very next article in the current list reports that “Sandy Helps Push Gasoline Prices Lower” due to decline in demand. Which is it, higher or lower? I’ll guess a little of both depending on what individual stations decide to do.
dasimon All-Star Author Florida Posts:556 Points:573,050 Joined:Mar 2011	Message Posted: Oct 31, 2012 11:15:47 PM Ignore dasimon Report Abuse Here go the prices.
DustyHorse Champion Author Virginia Posts:6,079 Points:1,390,785 Joined:Oct 2008	Message Posted: Oct 31, 2012 11:14:24 PM Ignore DustyHorse Report Abuse Now the speculators are getting spun up.
lesndave Champion Author Texas Posts:3,032 Points:700,180 Joined:May 2011	Message Posted: Oct 31, 2012 11:13:17 PM Ignore lesndave Report Abuse OK
wayoung56 Champion Author Alabama Posts:2,795 Points:817,360 Joined:Oct 2006	Message Posted: Oct 31, 2012 11:12:32 PM Ignore wayoung56 Report Abuse Hmmmmmm...
36IHBinder Champion Author Illinois Posts:2,953 Points:642,115 Joined:Jun 2011	Message Posted: Oct 31, 2012 11:10:45 PM Ignore 36IHBinder Report Abuse Do it right
drz614 Champion Author Harrisburg Posts:2,294 Points:596,645 Joined:Aug 2011	Message Posted: Oct 31, 2012 11:10:44 PM Ignore drz614 Report Abuse for the most part, we here in central pa were very lucky to have escaped the wrath of sandy. i fuelled up early friday morning at the local sheetz, only took 6 gallons. only people i saw acting crazy were out of staters. limited my driving, most others local appeared 2 also. not gas related, but did anyone else noticed the run on water and groceries. hope it was a learning experience.
LCSTEELERBOB Champion Author Gary Posts:2,961 Points:720,130 Joined:Oct 2008	Message Posted: Oct 31, 2012 11:08:49 PM Ignore LCSTEELERBOB Report Abuse and i bet they will take their time getting them back on line
txkrb Champion Author Texas Posts:1,558 Points:637,490 Joined:May 2011	Message Posted: Oct 31, 2012 11:06:31 PM Ignore txkrb Report Abuse Another article here stated Sandy was causing the price of gasoline to drop But I do not believe that, refinery shut downs etc will cause gas price to go up at least briefly in the Northeast [Edited by: txkrb at 10/31/2012 11:08:04 PM EST]
BREW9 All-Star Author Tampa Posts:876 Points:2,911,005 Joined:Jun 2004	Message Posted: Oct 31, 2012 11:04:33 PM Ignore BREW9 Report Abuse ok
chillyman3 Champion Author Illinois Posts:1,355 Points:423,640 Joined:Jan 2012	Message Posted: Oct 31, 2012 11:04:29 PM Ignore chillyman3 Report Abuse It is price gouging. They should have back up generators.
mstearno Champion Author Dayton Posts:8,061 Points:1,730,260 Joined:Jan 2008	Message Posted: Oct 31, 2012 10:56:51 PM Ignore mstearno Report Abuse get it done
Blue48 Champion Author Illinois Posts:7,300 Points:1,636,970 Joined:Feb 2007	Message Posted: Oct 31, 2012 10:56:00 PM Ignore Blue48 Report Abuse TIME!
southrob Champion Author Tucson Posts:3,590 Points:686,225 Joined:Mar 2011	Message Posted: Oct 31, 2012 10:52:20 PM Ignore southrob Report Abuse dhan for help
diesel8888 Champion Author Salt Lake City Posts:1,186 Points:358,315 Joined:Nov 2011	Message Posted: Oct 31, 2012 10:50:40 PM Ignore diesel8888 Report Abuse Ok
ruca2012 Champion Author San Diego Posts:1,059 Points:212,215 Joined:Oct 2012	Message Posted: Oct 31, 2012 10:47:36 PM Ignore ruca2012 Report Abuse :(
bcok Champion Author Los Angeles Posts:2,116 Points:1,542,545 Joined:Oct 2005	Message Posted: Oct 31, 2012 10:45:36 PM Ignore bcok Report Abuse omygawd-less profit. I guess we have to raise prices.