The Marketplace Reader

South fumes over continued gas shortage

Melissa Kaplan Sep 30, 2008

Southerners continue to wait in lines up to a half hour long to fill up their tanks as a gas shortage continues in Georgia, North Carolina and Tennessee. AAA says the trouble could end as soon as next Monday, but high prices of around $4 a gallon could continue into mid-October according to the New York Times. The situation has a wide-spread effect, from prolonging out-of-town visits to calling off college football.

From New York Times:

Both supply and demand are perpetuating the shortage. Refinery damage and power failures in Texas created the conditions, said Brandon Wright, a spokesman for the Petroleum Marketers Association of America, but drivers contributed by refueling more often than necessary.

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