The Sandy Effect: Gas shortages across the NY/NJ area

[ramnelc]

The recent devastating storm that hit the north eastern part of the United States claimed the lives of dozens of people, billions of dollars in property damage, and extensive gas shortages across the region. Consumers rushed to the few operating gas stations that remained open creating long lines, sometimes as far as a mile long. Refineries in the north east region had shut down before the storm arrived to prevent damage to equipment, some had to clear up debris in order to get back operating. Gas stations across the region also were affected by the storm, many lost power. Many people started taking matters into their own hands buying gas outside of the affected regions and selling them at absurd prices to those affected by the storm. There were many reports of people being car jacked because their vehicles had gas, while many disputes and brawls were taking place at gas stations across the NY/NJ area. But despite all of these inconveniences I believe that the delay in a higher supply of gas across the northeast leads down to the supply and demand theory, it is not convenient for oil companies to mass distribute trucks load of gas because it could bring down gas prices across the region which is obviously not good for business. I think that in times of disasters such as this one, companies should set aside business practices and work with their fellow human beings in the relief efforts. There are many companies aiding needy residents of the north eastern region that have been affected by the storm but large oil companies such as Chevron and Exxon/Mobil are not contributing towards relief efforts or making it easier for the people of the north east region to have access to gas.

Comments

[javila_psy255cb]

Hurricane Sandy cause a lot of damage n NY/NJ,, a lot of people lost everything what they had and are staying in shelterd, and to complicate things even more, gas is not available for us. I had two wait 3 hour just to get $20 of gas.

The Sandy effect....

[ferketing_79]

Definitely. I agree that some oil companies should contribute toward relief efforts in this kind of crisis. it is a very good thought however, Oil companies will never do that because they care only about profits instead of expenses. very Good Blog!

sandy

[dominiquematthews]

The oil companies should contribute to relief efforts. but the hurricane also caused inconvenience for them too. The big issue right after the storm was transporting the gas to gas stations.