Odd-Even Gas Rationing Hits NYC; Only 25% of Stations Operational, Full Production Weeks Away; Why Rationing Won’t Work; Insanity Over Price Gouging
Thursday, November 8, 2012 21:21
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by Mike Shedlock
MISH’S Global Economic Trend Analysis
Crain’s New York Business reports Mayor calls for gas rationing in NYC
Mayor Michael Bloomberg on Thursday called for gas rationing in New York City to begin Friday, saying only 25% of stations in the city were operational and that full production would not be restored for several more weeks.
Vehicles with license plates ending in an even number or zero can purchase gas on even-numbered days. Vehicles ending with odd-numbered plates can buy gas on odd-numbered days. Vehicles with licenses plates ending in a letter or other character can make purchases on odd-numbered days.
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2012-11-08 21:02:05
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