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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.

Nov 2, 2012

Tempers fray as NY fuel crunch deepens, relief days away

NEW YORK (Reuters) – The fuel supply crisis gripping the New York area deepened on Thursday as the city’s iconic taxis started turning away business while drivers searched hours for a tank of gas, and there were growing signs that the worst of the crunch is not over.

Long, increasingly ill-tempered lines of motorists snaked through New York and neighboring New Jersey, snarling traffic as motorists hunted for the few service stations still operating in the wake of the devastating storm Sandy. Less than half of the thousands of stations in the region are open, officials said.

Nov 1, 2012

Gasoline crunch deepens, NYC taxi firms run out of fuel

NEW YORK, Nov 1 (Reuters) – New York taxi and car service
companies started pulling vehicles off the road on Thursday as
the fuel crunch deepened, with the vast majority of storm-hit
service stations in the greater New York area now out of
gasoline or without power.

Outages and fuel shortages have forced many gasoline
stations to shut, and now threaten efforts in New York and New
Jersey to get back to business after Hurricane Sandy.

Nov 1, 2012

NYC taxi firms run out of fuel as gasoline crunch deepens

NEW YORK (Reuters) – New York taxi and car service companies started pulling vehicles off the road on Thursday as the fuel crunch deepened, with the vast majority of storm-hit service stations in the greater New York area now out of gasoline or without power.

Power outages and fuel shortages have forced many gasoline stations to shut, and now threaten efforts in New York and New Jersey to get back to business after Hurricane Sandy.