Gas supply quotes...
From CNN.com: Will I pay more at the pump?
Rumors of gas shortages pushed gasoline prices higher in parts of the country Tuesday, but experts say there is not and should not be a shortage. There's nothing to suggest the possibility of nationwide price shocks or gas rationing.
"There should be no significant consumer impact from this situation," said Chris Kelley, spokesman for the American Petroleum Institute. "There is a bountiful gasoline supply in this country. We condemn unscrupulous gouging, and I think there are signs that it will cease pretty quickly. "
Consumers have been hoarding gasoline in the Midwest, said Tom Kloza, a spokesman for the Oil Price Information Service. "But there's nothing to suggest the possibility of nationwide price shocks or gas rationing," he said. "Nothing like what we saw with the Arab oil embargo and the Iranian Revolution. "
There's nothing lower than a gouger...