Tuesday, July 8, 2014

Situations that Call for On Site Fuel Services

Bad weather is cited as the leading cause of fuel shortages in the U.S., with notables like Hurricane Sandy in 2012 and Hurricane Ike in 2008. Hurricanes, winter storms, and the like push the demand for oil as people flock to gas stations to buy fuel for their heaters and household power generators. In addition, bad weather can damage roads, highways, power stations, and other infrastructure, leading to heavy-duty repairs and stalled production lines that also drive gas prices up.

Oil disasters like the April 2010 Deepwater Horizon oil rig tragedy have an even more significant impact since they directly affect the country’s oil supply. Oil disasters can also force the government to impose restrictions and penalties to oil companies, which translate to higher fuel costs and, in turn, more fuel shortages. The Deepwater Horizon disaster, in particular, cost the economy about $14 billion.

The U.S. is currently the world’s leading oil consumer, requiring 18.5 million barrels every day to sustain itself. As such, energy emergencies can take a great toll on the nation’s economy, as evidenced by the U.S. Energy Department’s Emergency Situation Reports from 2003 to 2013. Reliable providers of on site fuel service played a huge role in preventing these situations from getting worse.


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