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The current economic environment of increased inflation, high fuel prices and fuel availability may affect organizations bottom line negatively and alter plans of those who were considering attending events. Discuss 

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The pandemic artificially held prices down for the past year; that effect is wearing off. Also, OPEC has reduced production. But the biggest driver of supply right now is a lack of drivers. 

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3 minutes ago, Poppycock said:

The current economic environment of increased inflation, high fuel prices and fuel availability may affect organizations bottom line negatively and alter plans of those who were considering attending events. Discuss 

When gas prices went from about 40 cents to over a dollar and economy going south (especially in rust belt) it helped kill lot of local corps that I am aware of.

Can see it alerting corps and fans plans...

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The current situation with the Colonial Pipeline shutdown is immediately impacting gas availability in the southeast and mid-Atlantic. That should certainly resolve itself by July, but gas prices were already creeping upward. It looks like with increased demand this summer combined with the underlying inflationary pressure that is emerging will have a negative impact on everyone’s travel plans. 

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29 minutes ago, Jurassic Lancer said:

The current situation with the Colonial Pipeline shutdown is immediately impacting gas availability in the southeast and mid-Atlantic. That should resolve itself by July, but gas prices were already creeping upward. It looks like with increased demand this summer combined with the underlying inflationary pressure that is emerging will have a negative impact on everyone’s travel plans. 

They were talking about fuel prices this morning on CBS radio.

There was also an article in The Record.

Fuel prices have been going up rapidly in N.J., which they said were unrelated to the Colonial pipeline.

NJ is at the end of the pipeline, and we have other fuel sources, so they said the impact of the shutdown isn't as 

severe as other places.

According to ABC radio, they expect the pipeline to be fully restored over the weekend.

That being said, the analysts they had on the radio said to expect fuel prices to keep going up for the 

foreseeable future.

 

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31 minutes ago, keystone3ply said:

This will negatively effect the Blue Devils & their return to winning the "World Champion' title.  :whistle: :spitting:

#MarchON #BAC2022

With the success of their drive-in Bingo operations and their decision to not come out to Indianapolis this year, Blue Devils will save enough money to buy their own gas company and not have to worry about the price of fuel. 

Edited by Continental
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My section of PA just started going over $3. As a retired IT geek from the govt, concerned that the wake up call from the hack doesn’t seem to be having much effect

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18 minutes ago, rpbobcat said:

According to ABC radio, they expect the pipeline to be fully restored over the weekend.

Hear, hear.  And prices for gas typically go up in the summer due to vacationers so this has probably been factored into costs by most participating corps.

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32 minutes ago, rpbobcat said:

They were talking about fuel prices this morning on CBS radio.

There was also an article in The Record.

Fuel prices have been going up rapidly in N.J., which they said were unrelated to the Colonial pipeline.

NJ is at the end of the pipeline, and we have other fuel sources, so they said the impact of the shutdown isn't as 

severe as other places.

According to ABC radio, they expect the pipeline to be fully restored over the weekend.

That being said, the analysts they had on the radio said to expect fuel prices to keep going up for the 

foreseeable future.

I find it interesting that gas prices are going up so much considering that during the pandemic the use of fuel has decreased.
-Airlines have cut routes dramatically.
-The Cruise Ship industry on pause.
-People working from home has reduced travel to/from work.
Now that people are expected to go out and about much more, we see such high increases.
Isn't there still a lot of oil in reserve at the moment?
Is this an industry taking advantage of the situation to make up for lost profits during the past year?
I've also suspected that the auto industry's increased development of EV vehicles is going to be met with higher fuel costs due to less demand from ICE vehicles. 
 

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1 hour ago, Jurassic Lancer said:

The current situation with the Colonial Pipeline shutdown is immediately impacting gas availability in the southeast and mid-Atlantic. That should certainly resolve itself by July, but gas prices were already creeping upward. It looks like with increased demand this summer combined with the underlying inflationary pressure that is emerging will have a negative impact on everyone’s travel plans. 

Don't forget the Keystone XL pipeline was cancelled in early January.  Then a moratorium on oil, gas, and coal leases on about 700 million acres of federal land was imposed.

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