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Peak Oil Task Force Report - City of Bloomington - State of Indiana

Peak Oil Task Force Report - City of Bloomington - State of Indiana

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Fuel Rationing<br />

As we collectively slide down the peak oil curve, motor fuels will become more scarce. As a<br />

result, fuel will be rationed. Rationing will either be imposed by the market in the form <strong>of</strong><br />

higher prices that drive out marginal consumers, or by the government by fiat. A<br />

combination <strong>of</strong> both forms <strong>of</strong> rationing is plausible.<br />

Despite the inconvenience, gasoline<br />

and diesel fuel rationing could have<br />

the benefit <strong>of</strong> permitting the allocation<br />

<strong>of</strong> fuel to priority users such as<br />

emergency first responders, urban<br />

transit systems, farmers, and truckers<br />

in adequate quantities or at below‐<br />

market prices, so that they could<br />

continue to operate despite<br />

budgetary constraints. At the same<br />

time, however, rationing would mean that others who still have the money to pay for fuel<br />

would not necessarily be able to buy as much as they want, whenever they want, and might<br />

have to curtail their consumption. While local government does not have any jurisdiction<br />

over rationing, we should anticipate that rationing may happen.<br />

<strong>Report</strong> <strong>of</strong> the <strong>Bloomington</strong> <strong>Peak</strong> <strong>Oil</strong> <strong>Task</strong> <strong>Force</strong><br />

Gasoline rationing was considered during the Second <strong>Oil</strong> Shock <strong>of</strong> 1978­1979.<br />

Ration coupons were printed, but never issued. Source: Wikimedia Commons<br />

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