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No Need to Hoard Gas Amid Shortage, White House Says

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No Need to Hoard Gas Amid Shortage, White House Says

Energy Secretary Jennifer M. Granholm said on Tuesday that the Colonial pipeline would be ready to resume operations by the end of Wednesday and that there was no need for concern or panic buying.

By close of business tomorrow, Colonial will be in a position to make the full restart decision. But even after that decision is made, it will take a few days to ramp up operations. This pipeline has never been shut down before. It travels great distances. There is fuel in the pipe, and then there is fuel — the off-take from the refineries that have to be added. So it will take a few days to be up and running. I do want to say this: that we expect that gas station owners are — are and should act responsibly. We will have no tolerance for price gouging. Federal and state officials will be investigating those actions if they see price gouging. And we are urging consumers to report any price gouging to their state attorneys general. We know that we have gasoline. We just have to get it to the right places. And that’s why these next couple of days, I think, will be challenging. And we want to encourage people. It’s not that we have a gasoline shortage. It’s that we have this supply crunch and that things will be back to normal soon and that we’re asking people not to hoard and know that we are all over this.

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