Wednesday, December 29, 2010

Long Lines at Gas Stations around Buenos Aires

It's been really hot this week (in the upper 90s) in Buenos Aires. A combination of higher demand for gasoline as people flee the heat of the city on summer holidays and disruption in supply routes has led to shortages in supply. Until the past couple days, I thought of lines at gas stations as a something from 1973 and the US oil crisis. But evidence of gas shortages are all over as you go around the city, from gas stations with no lines (meaning they have no fuel available), to gas stations with lines stretching back 10-20 cars (meaning they actually have fuel available).

And to top it off, I just found out today that gasoline prices in Argentina are highly regulated, so all gas stations have just about the same price. So even as the supply dwindles, the price stays the same instead of going up with demand. When panic about lack of gasoline grips the city, drivers are inclined to fill up the tank to maximum, in turn further decreasing supply.

Here is a selection of English and Spanish articles on the current state of affairs:

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