06/29/2021

Gas Stations are Running out of Gas Ahead of the Holiday Weekend

But stations running dry has nothing to do with the price - it's the driver shortage

When tens of millions of Americans hit the road this holiday weekend, they're going to find the highest prices for gasoline in nearly seven years. But many will also find stations that don't have any gas at all.

The national average price for a gallon of regular stands at $3.10, the highest since October 2014. The average is up just 2 percent since Memorial Day, but 42 percent from a year ago, when pandemic restrictions brought demand to a near halt and sent oil and gas prices plunging.

But stations running dry has nothing to do with the price — or even the supply — of gasoline. It's the shortage of tank truck drivers coupled with rising demand that is causing supply chain bottlenecks and shortages. Experts say a growing number of stations are reporting that they are simply not able to get gas delivered — at any price.

Please select this link to read the complete article from CNN.