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 Fuel Supplies Tighten

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Less than a week after Hurricane Katrina severely disrupted energy supplies, spot gasoline shortages were reported yesterday at service stations in New York City and across the country heading into the three-day Labor Day weekend.
If consumers do not heed warnings to refrain from panicked buying, industry officials and analysts said, the situation could worsen.

AAA said it had received many sporadic reports of service stations running out of gasoline, but noted that even in cities where dozens of stations were said to be out, hundreds of other outlets still had ample supplies.

A day after gas prices in New York and much of the country passed $3 a gallon, there were increasing reports of pumps running dry, though officials in New York City said there was no gasoline emergency. Nonetheless, in Albany, the State Senate called a special session for Sept. 20 to seek solutions to high gas prices. And a committee of the New York City Council vowed to crack down on price gouging.


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