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Nat Towsen

👤 Speaker
2123 total appearances

Appearances Over Time

Podcast Appearances

American Power
The Ceasefire That Wasn’t

Well, okay, yes.

American Power
The Ceasefire That Wasn’t

After a month rather than six months.

American Power
The Ceasefire That Wasn’t

And I remember in some choke points in the past or also like in times following Hurricane Irene or Hurricane Sandy, other natural disasters like that, when gas distribution was interrupted, you had like a run on gas stations in a lot of cases.

American Power
The Ceasefire That Wasn’t

Like you saw, I mean, it happened in New York, but I know it happened all over the place.

American Power
The Ceasefire That Wasn’t

But, you know, you saw people showing up to fill up with, you know, with cans and, you know, buying out these local gas stations.

American Power
The Ceasefire That Wasn’t

How far are we from a run on gas?

American Power
The Ceasefire That Wasn’t

Like at what point does the increase in prices speed up?

American Power
The Ceasefire That Wasn’t

I mean, obviously you can't predict human behavior at a mass scale, but is there anything that tends to trigger that panic?

American Power
The Ceasefire That Wasn’t

I'm curious if that's going to happen cursorily.

American Power
The Ceasefire That Wasn’t

Would there be a run if prices start to get to the point where people say, oh shit, I can't pay for this next week if it keeps going at this rate?

American Power
The Ceasefire That Wasn’t

Like a preemptive, not a supply...

American Power
The Ceasefire That Wasn’t

based uh run but like if the cost hike increases in speed essentially as i said it's acceleration at this point right so if the prices accelerate at a certain level will people start to hoard gas will people will we see a huge buy-in for a moment like just yeah

American Power
The Ceasefire That Wasn’t

We just can't afford the gas that we have because the lack of supply will just make it so expensive to the average consumer.

American Power
The Ceasefire That Wasn’t

And I'm curious, am I incorrect in understanding this?

American Power
The Ceasefire That Wasn’t

In other Western countries, I understand that people pay proportionately more per gallon for gasoline.

American Power
The Ceasefire That Wasn’t

Our gas has been traditionally much more subsidized, and so we're used to a...

American Power
The Ceasefire That Wasn’t

And, you know, the pound was almost double the dollar at the time and it was a comparable number.

American Power
The Ceasefire That Wasn’t

And I went, oh, my God.

American Power
The Ceasefire That Wasn’t

And then I realized that was like one of the first times I experienced.

American Power
The Ceasefire That Wasn’t

So we our price has just for decades been somewhat like artificially suppressed.