AAA Says Gas Prices and Supplies Stable Throughout United States, Terror Events Did Not Impact Oil or Gasoline Distribution.Business & News Editors ORLANDO, Fla.--(BUSINESS WIRE)--Sept. 12, 2001 AAA AAA: see American Automobile Association. (Triple A) A common single-cell battery used in a myriad of electronic devices of all variety. Like its double A (AA) cousin, it provides 1.5 volts of DC power. When used in series, the voltage is multiplied. said today it has no visual confirmation of extreme gasoline gasoline or petrol, light, volatile mixture of hydrocarbons for use in the internal-combustion engine and as an organic solvent, obtained primarily by fractional distillation and "cracking" of petroleum, but also obtained from natural gas, by price increases that have been rumored in some parts of the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , and believes these reports to be either completely incorrect, or isolated situations that are quickly correcting themselves. Motorists also were reported to be lining up to purchase gasoline yesterday afternoon, but again these situations appear to have been random and isolated to the extent they occurred and do not appear to be a problem today. "The terrible events of yesterday had nothing to do with oil or gasoline supplies and for this reason, panic buying Panic Buying High volume buying brought about by sharp price increases. Notes: The main problem with panic buying is that investors are not evaluating fundamentals. Instead, they are blindly buying before prices rise even more. or pricing would be absolutely irresponsible ir·re·spon·si·ble adj. 1. Marked by a lack of responsibility: irresponsible accusations. 2. Lacking a sense of responsibility; unreliable or untrustworthy. 3. ," said AAA President Robert Darbelnet. "Because the nation just endured incredible trauma, it is understandable that some motorists or gasoline station owners may have briefly over-reacted to the situation. As calm returns to the nation, however, AAA expects station owners and motorists will behave responsibly in both the pricing and consumption of gasoline," Darbelnet said. AAA also suggested motorists line up to give blood and other aid, rather than line up to needlessly need·less adj. Not needed or wished for; unnecessary. need  less·ly adv.need to buy gasoline. As North America's largest motoring and leisure travel organization, AAA provides more than 44 million members with travel, insurance, financial and automotive-related services. Since its founding in 1902, AAA has been a leader and advocate for the safety and security of all travelers. |
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