http://www.wral.com/news/local/story/3536058/

Quote :

"Raleigh, N.C. — Gov. Mike Easley on Friday implemented the state's price-gouging law as gas prices jumped amid fears that Hurricane Ike would cripple U.S. refining capacity. Refineries along the Texas Gulf Coast, which handle about one-fourth of the U.S. daily demand, were shutting down operations Thursday and Friday in advance of Ike, which was expected to hit the coast late Friday or early Saturday. Under North Carolina law, the governor must make a disaster or emergency declaration or proclaim an abnormal market disruption for critical goods and services for the state Attorney General's Office to investigate and prosecute allegations of price gouging. The law applies to all levels of the supply chain, from manufacturers and distributors to retailers. “As a result of Hurricanes Gustav and Ike, oil refineries in Texas and Louisiana have temporarily interrupted some gasoline supplies to the pipelines that serve North Carolina. Therefore, there may be temporary limitations on our gas supply," Easley said in a statement. "Wholesale gas prices are up less than 20 cents a gallon over the last few days. Therefore, consumers should not see prices rise substantially more than this rise in the wholesale price." The massive storm churned up fears across the region of widespread gas shortages, prompting people to line up Friday morning to fill their tanks. "I filled up because people are saying gas is going to be $5 dollars (a gallon). It's ridiculous," said Barry Richberg, one of a number of customers who waited in line on Capital Boulevard to get into a Hess station north of downtown that was selling gas for $3.51 a gallon. The Pantry convenience store chain, which is based in Sanford and operates the Kangaroo and Petro Express stations, on Thursday ordered its 1,600 stations in 11 Southeastern states to limit gas sales to 10 gallons. Many drivers were stunned by the prices they found at some stations Friday. The price of a gallon of regular gas shot from $3.79 to $4.39 overnight at a Texaco station on Arendell Avenue in Zebulon. The station manager didn't provide a reason for the sudden increase, except to note that he would have to pay $5.32 a gallon for his next shipment. Attorney General Roy Cooper said Friday that such jumps need to be investigated as possible price gouging. “People are understandably frustrated that already high gas prices are rising so quickly," Cooper said in a statement. "I encourage gas stations to avoid panic price increases and consumers to avoid panic fill-ups." Easley also asked drivers to conserve as much gas as possible in the coming days. "We know that there will be some supply disruption, but we do not yet know the extent. Past events of this kind have lasted only a short time," he said. "

fuck

9/12/2008 2:23:56 PM

[old]

9/12/2008 2:28:24 PM

If people had any foresight whatsoever, they would have gotten gas yesterday.

9/12/2008 3:40:43 PM

ive got about 100 gallons.

9/12/2008 3:44:46 PM

somehow or another i've ended up with every vehicle i own that gets <10mpg sitting on a full tank... and everything that gets decent mileage flat on empty

9/12/2008 4:09:52 PM

exactly. seems like when you fill up the guzzler, that regular gas is suddenly worth its weight in gold. ive hardly driven my green truck since december, but i have only had to put one tank of gas in it since then and I havent had to work on it at all.

9/12/2008 4:13:31 PM

$4.99 on western

9/12/2008 4:15:26 PM

^you serious?

9/12/2008 4:49:47 PM

This shit is rediculous. It's not like they paid $5/gal for the gas they currently have in stock that they are selling... wtf >_< So much for my v8... <20mpg FTMFL

9/12/2008 4:51:30 PM

yea wtf is all this raise the prices BEFORE the projected drop in supply bullshit?

9/12/2008 5:37:39 PM

^it's price gouging and it's nothing new

9/12/2008 6:04:17 PM

there have been hurricanes in the gulf before, and gas never increased like it has during katrina and now Ike.

[Edited on September 12, 2008 at 6:32 PM. Reason : h]

9/12/2008 6:32:33 PM

Quote :

"^you serious? "

Yup about 3:30 this afternoon. The first station on the right once you get off the beltline headed toward campus. The station on the left was $3.89 on there was a line at each pump.

9/12/2008 6:40:49 PM

4.89 across western from subway just before 6.

Quote :

"The station manager didn't provide a reason for the sudden increase, except to note that he would have to pay $5.32 a gallon for his next shipment."

ha. in that case, I wouldn't be surprised to see $6.


[Edited on September 12, 2008 at 6:50 PM. Reason : ]

9/12/2008 6:47:58 PM

i think they raised the price up, so nobody will buy their gas, which means they'll have gas after the hurricane.

9/12/2008 7:31:17 PM

http://www.raleighgasprices.com/

9/12/2008 7:36:54 PM

[NEW]

9/12/2008 7:48:19 PM

$5.50 in Lexington

$3.69 off of Peter's Creek Parkway in WS

4.09 at the BP across from my house in Walkertown.

9/12/2008 7:51:44 PM

Quote :

"$5.50 in Lexington"

Damn

9/12/2008 10:35:33 PM

glad my new office is like 5 miles away

w00t

9/12/2008 10:36:36 PM

I ride my 4 wheeler to work.

9/12/2008 10:43:21 PM

Quote :

"SELF FULFILLING PROPHECY"

9/13/2008 7:56:30 AM

That's funny, I still have about 20 gallons of unleaded 100 octane at my parents place (fuel stabilizer in it and everything) which cost me $5.69 a couple months ago. I may just have to throw that into the Q.

9/13/2008 10:28:33 AM

gas station down the street is out of gas. they raised their price .06. OMG!!!!! Price gouging!!!!

9/13/2008 5:11:38 PM