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Gas Shortages, Long Lines in NYC Area

Thanks, Sandy.

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Now that business is slowly getting back to normal, commuters are ready to get back on the roads—but they’re going to have to wait on some mighty long lines for gas first. Areas hit hard by Sandy in the New York metropolitan area were seeing gas shortages already on Thursday, leading to concerns that prices for gas could spike. “The price spike will last several days, probably as long as a week, and then it will depend on whether or not some of the key facilities get back on line,” said John Kilduff of Again Capital. Currently it’s impossible to make deliveries to many stations in the region.

Read it at CNBC

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