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Thursday, May 13, 2021

The Daily Money: ⛽ Gas shortages could ease up soon

In today's Daily Money newsletter, we've got insights on gas shortages tied to the Colonial Pipeline, Tesla's policy change on bitcoin and Tax Day. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
usatoday.com

The Daily Money
 
Thursday, May 13

Good morning, Daily Money team, it's Nathan wishing you a full tank sort of Thursday.

Did you have the urge to fill up your gas tank yesterday? Yeah, me too. But I resisted. I've got half a tank right now, and I'm confident it will last through the weekend, when things should be returning to normal. Most of the problem is due to panic buying, NOT due to supply issues.

But hey, this is a judgment-free zone here at Daily Money. Fill up if you have to! But maybe think twice about whether you really have to.

And whatever you do, DON'T FILL PLASTIC BAGS WITH GAS.

On to our ... 

💡 INSIGHT OF THE DAY: As of 7 a.m. today, here are the latest gas station outage figures, according to GasBuddy: North Carolina (71%), Virginia (55%), South Carolina (54%), Washington, D.C. (47%), Tennessee (34%), Maryland (34%), Florida (31%), Alabama (9%), Mississippi (7%), West Virginia (6%), Delaware (5%), Kentucky (3%) and New Jersey (1%).

📰 Here are more stories you'll want to see:

1. Houses are selling over the asking price. Here's how to win a real estate bidding war.

2. Tesla has done an about-face. It will no longer accept bitcoin as payment for its products due to how much energy is needed to mine the cryptocurrency.

3. Did you know there are ways to get your bank to waive your annual credit card fee? I didn't. Here are tips on how to make the ask.

4. It's coming. Tax day is this Monday. Don't be late!

5. Looking to save money? Here are three ways to slash your grocery bill.

--@NathanBomey

Colonial Pipeline Company in Linden, N.J., a major pipeline that transports fuels along the East Coast, says it had to stop operations because it was the victim of a cyberattack. Colonial Pipeline said in a statement late Friday that it "took certain systems offline to contain the threat, which has temporarily halted all pipeline operations, and affected some of our IT systems."
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