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Panic buying and hoarding add to long lines and outages at gas stations as Colonial Pipeline shutdown drags on May 12, 2021 / 6:56 AM / CBS News Panic buying leads to gasoline shortage The company that runs the Colonial Pipeline hopes to restore much of its operations by the end of the week. Until then, reports CBS News' Laura Podesta, government officials and industry experts are sounding the alarm about drivers making matters worse by panic buying and hoarding gas. S&P's Oil Price Information Service said more than 1,000 stations were experiencing shortages, The Associated Press rep...

Frustration is growing for many motorists. Some compared things to what they found at stores at the start of the COVID pendemic.

Panic Buying & Hoarding Add To Long Lines, Outages At Gas Stations As Colonial Pipeline Shutdown Drags On The company that runs the Colonial Pipeline hopes to restore much of its operations by the end of the week. Until then, reports CBS News' Laura Podesta, government officials and industry experts are sounding the alarm about drivers making matters worse by panic buying and hoarding gas. S&P's Oil Price Information Service said more than 1,000 stations were experiencing shortages, The Associated Press reported. "A lot of that is because they're selling three or four times as much gasoline t...

To be fair to the Times, this story was published yesterday and so maybe at the time it was written this paragraph was true? Since the pipeline shutdown, there have been no long lines at gasoline stations, and because many traders expected the interruption to be brief, the market reaction was muted. Nationwide, the price of regular gasoline climbed by only half a cent to $2.97 on Monday from Sunday, even though the company could not set a timetable for restarting the pipeline. New York State prices remained stable at $3 a gallon, according to the AAA motor club. Except it definitely wasn’t ...

Swansea Bay Pop Up: Menus, prices and everything else you need to know about the Singleton Park attraction The popular event has officially returned for a second year with some new additions Updated Georgia King at Bambu at the Swansea Bay Pop Up (Image: WalesOnline/Gayle Marsh) Want the latest news from Swansea sent straight to your inbox?Invalid EmailSomething went wrong, please try again later. Don't miss anything from your city! Sign up for regular updates When you subscribe we will use the information you provide to send you these newsletters. Your information will be used in accordance ...