New York could run out of gas in a short time due to low fuel reserves and the season of high use of the car.
The fuel situation seems far from being resolved in the short term and affects most nations worldwide. In fact, a country like the United States, with significant oil reserves, is also being affected by this crisis. A good example of this is the fact that New York could run out of gasoline in a short space of time.
According to reports from El Economista, both New York and much of the East Coast are at high risk of experiencing gasoline shortages this summer. This is due to European restrictions on Russian fuel, which directly threatens the reserves that the United States depends on in the peak season of use of the vehicle.
New York could run out of gas in a short space of time
These bans on petroleum products by the European Union will come into effect on February 5. The United States is a gasoline exporter and most of the surplus is found on the Gulf Coast in Florida. However, transportation to the East Coast is constrained by pipeline capacity and the cost of shipping.
Given this scenario, the North American country has the option of transferring the fuel from the Gulf coast to blending and storage facilities in the Caribbean, and from there export it again to the east coast. Another option is to refuel from Asia and the Middle East, although this is a much longer journey and has higher transport costs.
Therefore, New York and much of the East Coast faces the challenge of running out of gas in the coming months, which will undoubtedly drive up the price of fuel. Last Sunday, the gallon (3.79 liters) had a cost of 3.51 dollars (3.22 euros), while last summer it reached 5 dollars (4.58 euros) per gallon of gasoline.
