Gasoline Is Scarce and Expensive

If you haven’t filled up with gasoline in the past few days you’re in for a rude awakening.

First, you may not find any, and second, it’s going to cost you a lot more money, but there may be some good news on the very near horizon.

Long lines have been a common scene at Bay County gas station in the past two days. Others who have raised their prices dramatically were not as busy. Some are charging $3.15 per gallon of regular gas. Some are paying up to sixty cents more a gallon that they were before Katrina.

The hurricane shut down oil platforms in the Gulf of Mexico off the Louisiana coast. That caused less fuel, higher demand and higher prices.

Reid Lewis, VP of Express Lane says we really should not have any gas shortages in Bay County.

“Product supply is very tight but the good news is there is a gasoline barge which will be coming to Panama City Friday. The terminal should be replenished and we should see an easing up on the shortages.”

Prices in Panama City are running anywhere from $2.69 a gallon to over $3.15 a gallon. And prices in some areas of the southeast are almost double. In Georgia, some stations are getting close to $6.00 a gallon for regular unleaded.

Panama City residents say they are concerned by the fluctuating prices, but at least they should be able to find a gasoline supply.

Lewis says, “There is going to be gasoline still coming in and I don’t see any need to panic. We will be re-supplied.