Breaking News
0
Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

Panicked drivers in Southeast U.S. swarm pumps, ignore pleas to stop hoarding

Stock MarketsMay 12, 2021 05:03PM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
2/2 © Reuters. People fill up their gas tanks at a Wawa gas station, after a cyberattack crippled the biggest fuel pipeline in the country, run by Colonial Pipeline, in Tampa, Florida, U.S., May 12, 2021. REUTERS/Octavio Jones 2/2

By Rich McKay

ATLANTA (Reuters) -Drivers in the U.S. Southeast formed lines on Wednesday to fill up tanks from the dwindling number of retail gas stations with fuel to sell, disregarding government pleas not to hoard as the shutdown of the nation's biggest fuel pipeline entered its sixth day.

"If I don't have gas, I don't work," said Ronald Ross, 47, a DoorDash driver in Atlanta, as he fueled up his Chevy sedan.

Asked about government requests to avoid hoarding, he said: “Forget that. It's first come first serve. People have to look out for themselves. As long as they're peaceful and all."

Fistfights at gas stations were reported in some places. One video showed an altercation between two customers at a station in North Carolina.

Nearly 60% of gas stations in metro Atlanta were without gasoline on Wednesday, along with more than 70% of stations in metro Charlotte and Raleigh, North Carolina, and Pensacola, Florida tracking firm GasBuddy said.

The average national gasoline price, meanwhile, rose to above $3.00 a gallon on Wednesday, the highest since October 2014, the American Automobile Association said.

The U.S. Southeast and Mid-Atlantic rely heavily on the Colonial Pipeline, which was shut by a ransomware hack on Friday and is expected to remain down for several more days.

The administration of U.S. President Joe Biden on Tuesday called on Americans not to hoard fuel during the pipeline outage, saying panic buying would only intensify supply outages at service stations struggling to get new deliveries.

It also warned Americans to not fill plastic bags with fuel, after a Twitter post overnight showed someone doing that. [L1N2MZ1WZ]

Georgia Governor Brian Kemp temporarily suspended gas taxes in the state to ease the impact of the price hikes on consumers, and also asked citizens not to "panic buy."

James Jones, 48, a contractor in Atlanta, did not heed that call. He drove for miles looking for a retail station that was still operating Wednesday morning so he could load up two red five-gallon jerry cans for future use.

"I just went to five stations, finally I found one that still had gas," Jones said.

He had filled up his Chevy truck with gasoline Tuesday night, but got nervous and decided to get more. "Who knows when this will end, so I thought I'd better get mine," Jones said. "I need to keep my truck running."

The attitude was similar in parts of North Carolina, where drivers were also pumping retail stations dry.

Cherie Thomas, a manager at an Exxon Mobil (NYSE:XOM) station in Chapel Hill, North Carolina, for example, had a delivery of about 4,000 gallons of gasoline Wednesday morning that she said was running down fast.

"We ran out of fuel yesterday, and this will all be gone in just an hour," Thomas said.

A line of about 30 cars snaked out of the station and into a parking lot next door as people vied for the next open pump.

Asked how motorists are handling the shortage, Thomas said, "Not very nice."

Rob Underwood, President of the Energy Marketers of America, which represents fuel distributors and gas stations, pleaded with U.S. drivers to stay calm.

"Retailers right now have sold several days worth of inventory within a few hours," he told reporters in a press conference. "This creates major supply shortages that really don't do anything to help the process out and doesn't benefit anyone in the long run."

Panicked drivers in Southeast U.S. swarm pumps, ignore pleas to stop hoarding
 

Related Articles

Gold Up, Boosted by U.S. Treasury Yields Retreat
Gold Up, Boosted by U.S. Treasury Yields Retreat By Investing.com - Jun 21, 2021

By Gina Lee Investing.com – Gold was up on Monday morning in Asia, boosted by retreating U.S. Treasury yields. Gold futures were up 0.33% to $1,774.85 by 12:26 AM ET (4:26 AM GMT)....

Oil prices climb as Iran nuclear talks drag on
Oil prices climb as Iran nuclear talks drag on By Reuters - Jun 21, 2021

By Florence Tan SINGAPORE (Reuters) -Oil prices rose on Monday, underpinned by strong demand during the summer driving season and a pause in talks to revive the Iran nuclear deal...

Oil Up Over Delay in Iran Nuclear Deal Revival Talks
Oil Up Over Delay in Iran Nuclear Deal Revival Talks By Investing.com - Jun 20, 2021

By Gina Lee Investing.com – Oil was up Monday morning in Asia, with a strong start to the summer driving season underpinning the gains. The black liquid also benefitted from the...

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Comments (5)
GJ DJT
GJDJT May 12, 2021 5:33PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
EV is your solution. Not those SUVs and pick up trucks.
Scot House
Scot House May 12, 2021 5:33PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Except when the electricity goes out. Or if hou are only driving 300 miles. Or if upu have a half hour to burn while charging your car back up. All very covenient
Gamer Turtle
GamerTurtle May 12, 2021 5:33PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Scot House I guess solution is to have 2 cars. lol.
Lars Hellman
LarsH May 12, 2021 4:49PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Hoarding is when you come with a tanker truck to fill up.
Charles Sims
Charles Sims May 12, 2021 4:21PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Even with the entire MSM apparatus covering for him, Biden has managed to do more destruction in his first 100 days while wasting more money than any other president in US history.
Benjamin McIntire
Benjamin McIntire May 12, 2021 4:21PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Lmfao oook
Charles Sims
Charles Sims May 12, 2021 4:20PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Gaslines, then breadlines...what the democrats want.
Lake Lot
Lake Lot May 12, 2021 4:20PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Trump
Benjamin McIntire
Benjamin McIntire May 12, 2021 4:20PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
You mean at the start of covid when republican admin did nothing but make things worse? Oook keep denying facts
Brian Chong
Brian Chong May 12, 2021 4:20PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
nothing?? have you been living under a rock?? Trump ordered travel ban which the democrats called xenophobic and they disagreed with the travel ban when covid pandemic hit the US. passed one of the biggest stimulus to assist small business that were forced to shutdown by the government, increased unemployment benefits. involved with health care industry to create vaccine asap and told Americans that it will be ready by Dec of 2020 which a lot of folks didnt thought was possible including sleepy Joe. why Don't you start opening your mind and read or get out of the Rock you been living under?
Vlad Lozovskiy
Vlad Lozovskiy May 12, 2021 12:57PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
In USSR, they told us it was our fault there were food shortages.  Now they blame population that they are hoarding gas. But in my area they have been selling 30$ worth of gas since Monday, and now all gas stations are empty. We need gasoline, quit talking about hoarding and bring gas!
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Continue with Google
or
Sign up with Email