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Politics : Politics for Pros- moderated

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To: steve harris who wrote (136505)	9/2/2005 11:32:01 AM
From: John Carragher	Read Replies (1) of 793868

energy financial guy on cnbc blaming shortage on gulf situation and demand. pipeline shut down into nyc. he is talking about stations running out of gas and closing in ma. and on cape cod. well, these area are supplied by tankers. the tankers would have been in route before gulf problem. Rhode island, ma, n.h. me. get tanker shipments of gasoline. pipeline has zip to do with supply. some areas are supplied by local pipelines from water terminals. i believe price is not the way to control product at some point we should go to rationing. alternate days etc. the low income people are getting killed by these price increase and higher income could care less about price. the prices in the last week are pure profit to bottom line and money taken right out of consumer pockets. run outs this week could be all hype, people all filling their takes on the news about the gulf where as they may run on quarter full tank of gas. plus you have one of the largest gasoline week with labor day weekend. in normal very little demand it was difficult to keep stations full on memorial day or labor day. There is such a huge peak in demand over the period.

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