Joined
·
85 Posts
The long lines and closed pumps seen across the South this week are a warning: inventories are way too low.
http://money.cnn.com/2008/09/26/news/economy/gasshortage_okeefe.fortune/index.htm?cnn=yes
"That's because nationwide our gasoline inventory is shockingly low. Liquidity must be restored soon to this market, or we could be facing a crippling run on the gasoline bank. And if you think Americans are outraged about Wall Street, wait until their Main Street grocery store doesn't get the bread and milk delivery for a week or two."
...or three, or four.
http://money.cnn.com/2008/09/26/news/economy/gasshortage_okeefe.fortune/index.htm?cnn=yes
"That's because nationwide our gasoline inventory is shockingly low. Liquidity must be restored soon to this market, or we could be facing a crippling run on the gasoline bank. And if you think Americans are outraged about Wall Street, wait until their Main Street grocery store doesn't get the bread and milk delivery for a week or two."
...or three, or four.