Posted on 09/23/2016 9:11:38 AM PDT by Alas Babylon!
Colonial pipeline is investigating what caused a pipeline to leak nearly 336,000 gallons of gasoline into a man-made retention pond.
That leak was discovered back on September 9th near Helena, Alabama after state workers noticed a strong smell of gas. The shutdown pipeline caused rising fuel prices amid gas shortages across the South.
Investigators say the broke portion, built in 1963, has since been repaired. A preliminary report does not identify the cause of the break as the federal investigation continues.
Three cheers for gas! Let it flow, rivers and oceans of gas!
Maybe that’s really what they are protesting in Charlotte. I was there earlier this week, before the riots and most stations near the airport were completely out of gas.
On the fourth station, I was able to top off my rental car.
In such situations, prices should have risen to $5-8 a gallon to prevent people from filling up completely and leaving less for everyone else. I only needed 2 gallons.
336,000 gallons escaped before detection and stoppage?
Seems a bit much.
No Smoking, No Kidding!
How do you get that much gasoline into a pond? How do you get it back out without creating the biggest blaze in history?
And it wasn’t even detected by the pipeline operators. A mine inspector in the area just smelled gas.
I grew up in the area...sounds like I could have tapped directly into this pipeline and opened a station, without anybody noticing.
I think they detected it pretty fast, it was digging up the broken part and fixing it that took the longest.
Meanwhile, it was probably squirting out at high pressure. I think they shut it off where-ever there were valves to do so fairly early on, but with a 3 foot diameter pipe, there’s still a LOT of liquid still in there to spill.
Oh bull shit. My local station here in NE Alabama ran out of unleaded and unleaded plus so they lowered the price of premium to 2.19, the same price as the regular unleaded. That was the correct response.
I confirmed a myth Wed night. I saw a gasoline tanker truck delivering gas in Powder Springs GA! They really do exist!
Good people there.
Bottle it and sell it to the snowflakes as Energy Drinks.
Or to the Chinese.
They’ve had regular gas available here, but no hi-test, so I’ve had to bench the Oldsmobile.
No, in a time of crisis, the correct thing to do from the standpoint of economics is to raise prices.
Take the case of an incoming hurricane and evacuation. If fuel prices remained steady or even more insanely lowered, the first 100 cars would fill to the brim, leaving absolutely none for everyone else.
However, if the price rose to * a gallon, people would wisely put in 2-3 gallons, enough to drive 50 miles or so, out of the danger zone and into a less critical area where prices would have remained steady.
Care to continue with your vulgar response and show your economic ignorance?
Yes I would and it is called price gouging.Now, if you want to limit the amount you can purchase, that I understand but you want to do it with price manipulation, that is just plain wrong and illegal.
Wow. A 3 foot diameter pipe would hold about 53 gallons per foot.
So about 1.2 miles of pipe worth leaked out.
It is temporary price gouging and it’s 100% the correct thing to do in the event of an emergency.
If the gas station owner doesn’t raise prices and runs out of fuel and can’t get more for two weeks, and loses all his customers forever because he’s out of business, what’s that to you? you still got cheap gas.
Read any competent economist and he’ll agree with me. Thomas Sowell, Walter Williams etc.
Never mind. I’ll look it up for you.
http://www.richmond.com/opinion/their-opinion/article_38b62a0e-1aeb-59f1-892c-93fd1572789a.html
I love telling whiners they should have been better prepared and filled their tanks instead of blaming the shortage on those of use who did.
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