David's Feed
Nov 9, 2012

Gas rationing expands as Sandy, Nor’easter effects linger

NEW YORK (Reuters) – New York City began rationing gasoline on Friday for the first time since the energy shortages of the 1970s, seeking to ease a fuel crisis in the U.S. Northeast brought on by devastating Superstorm Sandy.

The former hurricane that hammered the East Coast on October 29 killed at least 120 people and caused an estimated $50 billion in damage or economic losses.

Nov 9, 2012

New York rations gasoline; storm victims still in the dark

NEW YORK (Reuters) – New York City began rationing gasoline on Friday for the first time since the energy shortages of the 1970s, seeking to ease a fuel crisis in the U.S. Northeast brought on by devastating Superstorm Sandy.

The former hurricane that hammered the East Coast on October 29 killed at least 120 people and caused an estimated $50 billion in damage or economic losses.

Nov 9, 2012

After Sandy, Big Oil’s pumps fail motorists

NEW YORK, Nov 9 (Reuters) – As lines of fuming motorists
snaked along the highways of New York and New Jersey last week
in search of gasoline, a surprising trend emerged: those who
rushed to stations bearing the names of the world’s biggest and
best known oil companies were the least likely to find fuel.

Three days after Sandy pummeled the Northeast, fewer than
one-quarter of the service stations operating under the Exxon
Mobil Corp., BP and Shell brands were
selling gasoline, according to a Reuters analysis of industry
data. The companies say the figures are higher, closer to half.

Nov 9, 2012

Insight – In Sandy crisis, motorists stranded at Big Oil’s pumps

NEW YORK (Reuters) – Superstorm Sandy left a trail of destruction and despair in the U.S. Northeast, but it also exposed a surprising fault line in the ability of gasoline stations to keep fuel flowing.

Motorists in New York and New Jersey, desperate for gas amid constrained supply and power outages, spent hours in snaking lines waiting for a chance to hit the pumps. But those who rushed to stations bearing the names of the world’s biggest and best known oil companies were the least likely to find fuel.

Nov 9, 2012

In Sandy crisis, motorists stranded at Big Oil’s pumps

NEW YORK (Reuters) – Superstorm Sandy left a trail of destruction and despair in the U.S. Northeast, but it also exposed a surprising fault line in the ability of gasoline stations to keep fuel flowing.

Motorists in New York and New Jersey, desperate for gas amid constrained supply and power outages, spent hours in snaking lines waiting for a chance to hit the pumps. But those who rushed to stations bearing the names of the world’s biggest and best known oil companies were the least likely to find fuel.

Nov 3, 2012

U.S. taps reserves to calm New York, New Jersey fuel “panic” post Sandy

NEW YORK (Reuters) – A third day of gasoline “panic buying” among storm-stricken motorists in the New York area and New Jersey prompted authorities to tap emergency oil reserves and ordered the military to dispatch fuel on Friday, while limited deliveries from pipelines and oil barges offered a glimmer of relief.

Four days before the U.S. presidential election, the Obama administration made an all-out effort to ease the crisis, authorizing the Defense Logistics Agency to buy and deliver up to 22 million gallons of fuel for the region, waiving a rule barring foreign-flagged vessels transiting U.S. ports and loaning out diesel from the Northeast heating oil stockpile.

Nov 3, 2012

US taps reserves to calm NY, NJ fuel “panic” post Sandy

NEW YORK, Nov 2 (Reuters) – A third day of gasoline “panic
buying” among storm-stricken motorists in the New York area and
New Jersey prompted authorities to tap emergency oil reserves
and ordered the military to dispatch fuel on Friday, while
limited deliveries from pipelines and oil barges offered a
glimmer of relief.

Four days before the U.S. presidential election, the Obama
administration made an all-out effort to ease the crisis,
authorizing the Defense Logistics Agency to buy and deliver up
to 22 million gallons of fuel for the region, waiving a rule
barring foreign-flagged vessels transiting U.S. ports and
loaning out diesel from the Northeast heating oil stockpile.

Nov 2, 2012

NY fuel “panic” grows even as ports open, reserves tapped

NEW YORK (Reuters) – A third day of gasoline “panic buying” among storm-stricken New York area motorists prompted authorities on Fr iday to tap strategic oil reserves and waive shipping regulations even as limited deliveries resumed in the battered region.

The U.S. government said it will loan 2 million gallons of diesel from the Northeast emergency heating oil reserve to the military for recovery efforts, and waived rules barring foreign-flagged vessels from carrying fuel between U.S. ports in a bid to boost supplies.

Nov 2, 2012

NY area fuel lines grow even as pipeline, ports reopen

NEW YORK (Reuters) – The lines of New York area motorists scrambling for gasoline lengthened on Friday, as a third day of “panic buying” intensified and tempers flared even as pipelines and oil tankers resumed limited shipments.

The restoration of power to more than half the 8 million homes and businesses knocked out by Hurricane Sandy offered the best hope for boosting fuel supplies. Still, operations remained constrained across the complex New York Harbor network of storage tanks and pipelines. Two New Jersey refineries were still shut, with reports of severe damage at one.

Nov 2, 2012

NY area fuel still scarce as pipeline, ports reopen

NEW YORK, Nov 2 (Reuters) – The miles-long lines of New York
area motorists scrambling for gasoline showed no signs of
abating on Friday, with “panic buying” gripping the storm-hit
area even as pipelines and oil tankers began to resume bulk
shipments.

The lack of fuel — and lack of power to pump it — had a
noticeable impact on morning travel in the dense New York City
and New Jersey area four days after Sandy smashed into the U.S.
Northeast. Roads were quieter with some taxi drivers and
frustrated commuters choosing to stay home rather than brave the
roads or search out scarce fuel.