People should avoid that mind-set and not engage in panic buying. That would be overreacting at this point. Consumers likely will see increases, but it is difficult to say just how high prices will get. |
The one thing we don't want consumers doing is heading to the gas station to top off their tanks. We want them to conserve -- make purchases as they normally do. But any panic would create a crisis in itself. |
Without production for a few days -- a few days in the next week -- we have a week or more loss of production (and that means) a big drop in inventory supply here in the U.S.. |