Katrina Brings Higher Fuel Prices, Shortage

Thanks in part to Hurricane Katrina, fuel prices in the Q101 area have jumped again. By yesterday evening, one Warsaw station was selling regular unleaded for $2.82 and prices at stations elsewhere in Indiana broke the three-dollar mark. But that’s not the only problem. Several stations around northern Indiana actually ran out of fuel yesterday… and they’re having trouble getting more. Indiana Attorney General Steve Carter says the best thing to do is buy gasoline as you normally would… because hording will just make the problem worse. This morning, the federal government announced that it will release oil from strategic reserves to temporarily replace crude oil that’s no longer reaching refiners because of the hurricane.