Cuomo: 'No reason to panic' over gas shortages

November 2, 2012 - 7:33 PM
Superstorm Sandy

Gov. Andrew Cuomo, right, adjusts his shoulder straps as he prepares to take a flight in a New York Air National Guard helicopter Wednesday, Oct. 31, 2012 in New York. The governor was joined by Sen. Kirsten Gillibrand, D-NY, Sen. Charles Schumer, D-NY, and local officials for the flight over the city, Nassau and Westchester counties to get an assessment of damages from superstorm Sandy. (AP Photo/Mark Lennihan)

NEW YORK (AP) — New York Gov. Andrew Cuomo says he's signed an executive order waiving a requirement that fuel tankers register and pay tax before unloading.

He also is threatening utility companies' rights to operate in the state in the future if they don't immediately put power restoration work into high gear.

The governor says there's "no reason to panic" about gas shortages. He said Friday that tankers are now making "great progress" delivering fuel and that his order will help get gasoline to consumers faster. He also says terminals that suffered damage in Superstorm Sandy are coming back online.

But he also is warning utilities that they must devote full personnel and equipment to power restoration. Cuomo says utilities operate only with the state's permission and he will hold them accountable.