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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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REPLIES (newest first) Post a Reply
MinnesotaDJ
Champion Author Minnesota

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Message Posted: Dec 9, 2012 4:01:40 PM

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

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Message Posted: Nov 3, 2012 9:28:59 PM

Union are not much good as they scare help away.
dcone2
Champion Author Los Angeles

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Message Posted: Nov 3, 2012 1:12:54 PM

ok
gasokie
Champion Author Oklahoma

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Message Posted: Nov 3, 2012 9:22:51 AM

Bush's fault...again.
Donatelo
Champion Author Dayton

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Message Posted: Nov 2, 2012 11:03:01 AM

ok
99dakota
Champion Author Providence

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Message Posted: Nov 2, 2012 4:09:27 AM

This should be a priority.
Donatelo
Champion Author Dayton

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Message Posted: Nov 1, 2012 1:30:05 PM

ok
jethro5000
Champion Author Kentucky

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Message Posted: Nov 1, 2012 4:58:00 AM

Hmmmm
tomok
Champion Author Portland

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Message Posted: Nov 1, 2012 3:17:12 AM

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

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Message Posted: Oct 31, 2012 11:08:42 PM

Sadly it might be a bit of a wait for some of those people.
pastorpaulcg
Champion Author Virginia

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Message Posted: Oct 31, 2012 10:17:04 PM

Hopefully soon
OGW
Champion Author London

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Message Posted: Oct 31, 2012 10:07:01 PM

So are we!
boatfloyd
Champion Author Jacksonville

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Message Posted: Oct 31, 2012 10:04:47 PM

Allot of people are waiting for electricity.
rahcat
Champion Author Grand Rapids

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Message Posted: Oct 31, 2012 10:03:45 PM

A bad situation.
dpt
Champion Author Michigan

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Message Posted: Oct 31, 2012 9:59:37 PM

I mean DEMAND side. Can't seem to edit a blog reply, for some reason.
dpt
Champion Author Michigan

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Message Posted: Oct 31, 2012 9:58:45 PM

I'd suspect traffic volumes are down, too. That would help the supply side.
OGW
Champion Author London

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Message Posted: Oct 31, 2012 9:57:51 PM

Many of us are still waiting for electricity also.
WIWalt
Champion Author Wisconsin

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Message Posted: Oct 31, 2012 9:57:17 PM

ok
pbear316
Champion Author Akron

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Message Posted: Oct 31, 2012 9:54:56 PM

Ok
Gas4Gore
Champion Author Detroit

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Message Posted: Oct 31, 2012 9:54:38 PM

Let's get going
Aviator_Rob
Champion Author New York

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Message Posted: Oct 31, 2012 9:44:19 PM

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

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Message Posted: Oct 31, 2012 9:42:50 PM

Look for prices to go up.
GRUMPY55
Champion Author California

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Message Posted: Oct 31, 2012 9:42:12 PM

It's price gouging.
Aviator_Rob
Champion Author New York

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Message Posted: Oct 31, 2012 9:41:37 PM

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

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Message Posted: Oct 31, 2012 9:39:12 PM

The prices will probably suffer
naspa
Champion Author Cleveland

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Message Posted: Oct 31, 2012 9:37:29 PM

Price of gas didn't even drop where I live.
Aviator_Rob
Champion Author New York

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Message Posted: Oct 31, 2012 9:37:11 PM

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

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Message Posted: Oct 31, 2012 9:35:32 PM

scary stuff
mageetp
Champion Author British Columbia

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Message Posted: Oct 31, 2012 9:34:29 PM

Tomorrow should bring a better outlook.
ican2step
Champion Author Pittsburgh

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Message Posted: Oct 31, 2012 9:29:31 PM

okay
truvoice1
Champion Author San Diego

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Message Posted: Oct 31, 2012 9:27:00 PM

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

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Message Posted: Oct 31, 2012 9:26:24 PM

usage is down as without electricity obne cannot pump gas
PrettyLittleLady
Champion Author Modesto

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Message Posted: Oct 31, 2012 9:23:58 PM

we'll see..
jrsva
Champion Author Virginia

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Message Posted: Oct 31, 2012 9:18:04 PM


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

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Message Posted: Oct 31, 2012 9:15:47 PM

Here go the prices.
DustyHorse
Champion Author Virginia

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Message Posted: Oct 31, 2012 9:14:24 PM

Now the speculators are getting spun up.
lesndave
Champion Author Texas

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Message Posted: Oct 31, 2012 9:13:17 PM

OK
wayoung56
Champion Author Alabama

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Message Posted: Oct 31, 2012 9:12:32 PM

Hmmmmmm...
36IHBinder
Champion Author Illinois

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Message Posted: Oct 31, 2012 9:10:45 PM

Do it right
drz614
Champion Author Harrisburg

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Message Posted: Oct 31, 2012 9:10:44 PM

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

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Message Posted: Oct 31, 2012 9:08:49 PM

and i bet they will take their time getting them back on line
txkrb
Champion Author Texas

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Message Posted: Oct 31, 2012 9:06:31 PM

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
Champion Author Tampa

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Message Posted: Oct 31, 2012 9:04:33 PM

ok
chillyman3
Champion Author Illinois

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Message Posted: Oct 31, 2012 9:04:29 PM

It is price gouging. They should have back up generators.
mstearno
Champion Author Dayton

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Message Posted: Oct 31, 2012 8:56:51 PM

get it done
Blue48
Champion Author Illinois

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Message Posted: Oct 31, 2012 8:56:00 PM

TIME!
southrob
Champion Author Tucson

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Message Posted: Oct 31, 2012 8:52:20 PM

dhan for help
diesel8888
Champion Author Salt Lake City

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Message Posted: Oct 31, 2012 8:50:40 PM

Ok
ruca2012
Champion Author San Diego

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Message Posted: Oct 31, 2012 8:47:36 PM

:(
bcok
Champion Author Los Angeles

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Message Posted: Oct 31, 2012 8:45:36 PM

omygawd-less profit. I guess we have to raise prices.
hcivic
Champion Author Virginia

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Message Posted: Oct 31, 2012 8:45:03 PM

there get it soon
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