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New Gas Reserves Could Mitigate Superstorm Impacts, Markey Says

BOSTON — Massachusetts U.S. Sen. Ed Markey says new federal gasoline reserves in the Northeast will help prevent fuel shortages in the event of a natural disaster or other catastrophe.

The U.S. Department of Energy on Friday announced it will build two reserves — one near New York Harbor, another near Boston — each capable holding half a million barrels of gas.

Markey says the creation of the reserves is a response to fuel shortages and price spikes following Superstorm Sandy in 2012.

“This gasoline reserve is right up there with sandbags and seawalls in terms of what we need to be ready for supercharged storms from climate change,” Markey said during a conference call Friday morning.

The fuel reserves are expected to be available later this year.

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  • X-Ray

    One wonders where the storage will be for 42 million gallons of fuel. Futher, in case of a delivery cutoff, how long will that amount support about the same number of people in the regional population?

  • Arkuy The Great

    The problem in the Sandy aftermath wasn’t missing fuel supply but massive power outages which meant the pumps could not operate at the distribution centers nor at retail stations. This additional storage would not have made a difference. Besides, it would be a near impossibility to get any tank farm expansion proposals past the NIMBY/BANANA/CAVE/NOPE crowd.

  • George Allegro

    In contrast to socialist ideologues, individualist philosophers searched for ideas and institutions that would motivate individuals to voluntarily unleash their maximum potential.

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