People are scared about the rise in gas prices so they go to the gas stations to fill up, otherwise, "prices will be higher or they will run out of gas!"
[Update] That's the same panic that happened during the
Carter Nixon years when OPEC cut back in their production to cause an increase in gas prices.
During that summer, my friends and I laughed at the line of cars up and down the block. Some of us made money selling cups of water to the people waiting in the cars.
Fights broke out at gas stations. Gas stations ran out of gas. Lines of cars blocked street traffic. Some gas stations went out of business.
Today? Fights. Gas stations running out of gas. Lines of cars blocking traffic.
All I can do is shake my head and call the people fools.
History is repeating itself for other reasons, but it is still repeating itself.