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Are gas stations selling out because of lack of supply or increase in demand (ie stocking up/panic buying/however you want to call the inclination to fill-up wh
by advisedwang 5y ago
Are gas stations selling out because of lack of supply or increase in demand (ie stocking up/panic buying/however you want to call the inclination to fill-up when you fear pumps might run dry)
- dragonwriter 5y ago> Are gas stations selling out because of lack of supply or increase in demand (ie stocking up/panic buying/however you want to call the inclination to fill-up when you fear pumps might run dry) Yes. There is a real supply issue, but people are aware of the supply issue causing panic buying. Prospective shortages cause a positive feedback loop.
- moshmosh 5y agoWhat sucks about panic buying is that it makes perfect sense to "panic buy" even if you don't think there will be an actual shortage, but only panic buying. Not being able to get what you want/need looks the same either way.
- EricE 5y agoSo far it looks like panic buying. I've seen several gas stations around here receive deliveries from tanker trucks. Yes, sooner or later local stockpiles will get depleted (thank you all the brilliant just in time manufacturing idiots from the 80's and 90's) but as long as the pipeline isn't out for a significant period of time things shouldn't get that bad. Everyone should still be staying at home sheltering in place to flatten the curve so not sure why all the consternation :p
- canadianfella 5y ago> thank you all the brilliant just in time manufacturing idiots from the 80's and 90's What does gasoline storage have to do with manufacturing?