Thursday, October 4, 2012

Wholesale Gasoline Shortage In California Causes Gas Stations To Shut Down: Hoarding Next?

I've been warning younger generations about gas rationing in the 1970's, the so-called "even/odd" days at retail gas stations.  Most are incredulous, unable to fathom something as essential as fuel could be rationed.  Unfortunately, I've had to REMIND older generations about it.  Funny how humans have selective memory when it involves unpleasant events.

The common denominator?  The Iranian oil embargoes--only this time it's economic sanctions imposed on Iran by the US.

http://www.zerohedge.com/news/2012-10-04/wholesale-gasoline-shortage-california-causes-gas-stations-shut-down-hoarding-next

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