Thursday, November 1, 2012

CODA: Storm Giving You Gas? Just Wait.

Fuel analysts blame distribution issues that are by-products of Hurricane Sandy -- including power outages that prevent transport of fuel from storage facilities to trucks to local stations -- and not actual fuel shortages as among the principal reasons for lines at the pump and empty stations throughout the New York/New Jersey metropolitan area. It could result in a temporary price spike at the fuel pump and take several days, possibly a week, to stabilize.  

More details here .