Gas Prices Skyrocket. Rationing and Shortages Reported
Gas prices jumped 17 cents to $2.87 on the Fuel Guage Report. However,
that number may low as gas prices are rising by the hour in some locations.
GasPriceWatch.com shows the national average at $3.08 and GasBuddy.com shows it at $3.01.
And locally prices have spiked with some very high reports of $5 or $6 a
gallon for regular unleaded in Atlanta. Shortages have also been
reported in areas. Many people complaining about price gouging. The Washington Postreports that thousands of people have called in to the Feds complaining about gas price gouging.
The Energy Department reported more than 5,000 calls to its price gouging hotline Thursday from around the country, although officials emphasized there was no way to immediately determine how many of the allegations were valid.
Many cities are reporting big spikes in gas prices. One newspaper
in Colorado, the Colorado Springs Gazette, reported that some consumers said Tuesday that the prices were going up as they watched.
"I went in McDonald's to get lunch, and when I came out, gas at the
station across the street was 6 cents higher," said Black Forest resident
Evelyn Shinn, who was filling her tank at a BP station on North Academy
Boulevard during her lunch break. "I'm not happy at all," she said.