What will happen as far as our fuel?

G

GP44

Member
Do you think that there will be a fuel shortage and maybe long lines at gas stations again like in the mid seventies because of the Straight of Hormuz problems?
In our area there wasn’t a real shortage in the 70s just panic that caused long lines.
 
Looking up early 2026 data, the current oil crisis, driven by significant Middle East conflict and supply disruptions in the Strait of Hormuz is accelerating the adoption of electric vehicles, particularly by making the total cost of ownership more attractive and increasing consumer pump anxiety. As fossil fuel prices soar to record highs, inquiries for EV's have surged in Europe and Australia, with used EV searches rising by nearly 30% in some regions.
 
GP44 said:
Do you think that there will be a fuel shortage and maybe long lines at gas stations again like in the mid seventies because of the Straight of Hormuz problems?
In our area there wasn’t a real shortage in the 70s just panic that caused long lines.
Click to expand...
Maybe ask that imbecile Trump there are many petrol stations all over the country here (Australia) that have run out of diesel already!!
 
GP44 said:
Do you think that there will be a fuel shortage and maybe long lines at gas stations again like in the mid seventies because of the Straight of Hormuz problems?
In our area there wasn’t a real shortage in the 70s just panic that caused long lines.
Click to expand...
A couple of decades ago, my brother told me we have enough of an oil supply right here in this country and he didn't understand why our supply wasn't tapped to prevent the so called "shortage". This is from Bing search:
"The United States produces roughly 13.6 million barrels of crude oil per day, consumes about 20.5 million barrels per day, and holds over 83 billion barrels in proven reserves."

@horseless carriage Hopefully those buying electric vehicles will see their batteries last a very long time because I have a friend who owns one and she said it costs $20,000 to replace an EV battery! The cost depends on the model of the vehicle and could be much lower at $5,000. Still.....! In addition, according to Bing, the average cost for insurance is $2,723 annually, about 11% higher than for gas powered cars and repairs average $6,066.
 
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It’s a definite possibility.

A temporary fuel shortage or some sort of long term rationing won’t have much of an impact on me.

The real impacts for me will be in the form of higher prices on almost everything or downward pressure on the financial markets that impact my income from investments.

This is just another in the long line of temporary man made problems that we have all managed to survive during our lifetimes.

We’re old, we made it, you can’t scare us and you can’t shut us up! 😉🤭😂
 
We fill up in small towns, which sell petrol at lower prices than in the city.
I'm assuming this means that gas stations have some control of pricing.
 
It's a time to help communities whether a business or whatever - it can also be a time to try to make an extra buck and not care about the consequences??
 
kburra said:
Maybe ask that imbecile Trump there are many petrol stations all over the country here (Australia) that have run out of diesel already!!
Click to expand...
I have been warned before about making political remarks but I would like to say one thing about this situation.
I don’t understand completely what Trump is doing because one day he is screaming to open Hormuz and the next day he says he will block the shipping.
Maybe because Iran is choosing who they are letting through.
It does seem like right from the beginning that Trump didn’t think this through very well.
With all of our military intelligence he failed to take out the rockets and missles first.
 
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