Tag Archives: Shortage

Getting Ready for the Coming Wild Economic Ride – Part 2

In part one, we just finished talking about reducing your material footprint, so that you start to wean yourself from the “luxury must-haves” that you consume now. This also goes for any vices you have. The sudden withdrawal from nicotine, alcohol and caffeine will change your behavior. The more vices you have, the more difficult you’ll have in coping without them. Start weaning yourself off them now. After the balloon pops on this economic bubble we’re in, common daily items are going to disappear fast, and after that, they’ll be in short supply. Look at any country that has gone … Continue reading

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California Gas Stations Shut as Oil Refiners Ration Supplies

Refineries outages are causing gasoline shortages at the pumps in California. [From California Gas Stations Shut as Oil Refiners Ration Supplies- Bloomberg – ] Gasoline station owners in the Los Angeles area including Costco Wholesale Corp. (COST) are beginning to shut pumps as the state’s oil refiners started rationing supplies and spot prices surged to a record. Valero Energy Corp. (VLO) stopped selling gasoline on the spot, or wholesale, market in Southern California and is allocating deliveries to customers. Exxon Mobil Corp. (XOM) is also rationing fuel to U.S. West Coast terminal customers. Costco’s outlet in Simi Valley, 40 miles … Continue reading

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