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Saturday, September 10, 2005

Energy gloom

I saw several stations on the way home with bagged-up pumps yesterday. The BP near the office, that had been out for two days, finally got a shipment in though. Around home, the gas stations have nothing but regular, and now at least some of them put a 20 gallon limit on purchases (“during this temporary energy crisis” says the sign). I'm getting the impression that supplies are really tight at the moment, and it wouldn't take much to create out-and-out shortages.

As if gas(oline) was our only problem. Natural gas production got hosed up big-time by Katrina too. Economist/blogger Jerome a Paris wrote, “Now that [natural] gas costs 3-4 times more, power prices are set to increase by 50-100%.”

Got wood?

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