Monday a deadly explosion rocked the Colonial Pipeline in Alabama. The explosion occurred when a dirt-moving track hoe struck the pipeline, ignited gasoline and sparked a blast Monday, killing one worker and injuring five others, Georgia-based Colonial Pipeline said. The explosion is raising fears of another round of gas shortages and price increases after the pipeline’s second accident and shutdown in two months.
In September, there was a shutdown of the same pipeline due to a leak. This resulted in higher prices at the pump by 20-30 cents per gallon, and in some places shortages of fuel entirely. As of Tuesday, gas prices were already up 13%. There is a law against price gouging, that remains in effect.
Prices of other goods and services could also rise due to the shortage as fuel prices. Goods shipped via truck or airplane could also see a jump in price to recover the cost of higher priced fuel. Airline tickets could also see a jump if the pipeline takes a while to get back online.
All of this is to say, that there are plenty of options for housing closer into town. You don’t need to live far away to get the feeling of being outside the city. There are also many affordable options closer into town.
Many neighborhoods in SouthEnd and South Charlotte already see the benefits of being on the light rail line. You can also park and ride the light rail saving fuel. More neighborhoods will soon be able to use light rail as the lines extend north. Many neighborhoods are serviced by busses or ride-sharing. You could also live in Uptown so a walk down the street could be your commute.
If you are thinking about making changes to be more environmentally friendly and save on fuel costs, give our agents a call. We can help you find the neighborhood that fits all of your goals, and your pocketbook too.