U.S. Still Suffering From Gas Shortages

NEW YORK -- With an estimated 20 percent of the nation’s refinery capacity on hold due to Hurricane Ike, retailers located in the Southeast and Mid-Atlantic regions not affiliated with major gas bands are experiencing gas shortages.

A number of c-store chains with unbranded fuel, including Altoona, Pa.-based Sheetz Inc., are refusing to pay inflated wholesale prices that are in some cases $1 higher than those charged to branded affiliates, reported USA Today. "It’s an unfounded price point [oil companies] were putting on it," executive vice president of marketing, Louie Sheetz, told the paper. "They said, ‘How bad do you want it?’ I said, ‘Not that bad.’"

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