NOPE, this technique is NOT "new" as it happened years ago when

[theking]

..gas was high:

As fuel prices rise, a new technique of gas theft is spreading

Tasi Malala was driving with his girlfriend to grab some breakfast outside Scottsdale, Arizona, last month when he noticed that his Toyota pickup was very low on gas and quickly getting lower. He pulled into a station and started to fill up with premium. That’s when he spotted the leak.

“I looked under my truck, and it’s literally gas just pouring out the bottom,” said Malala, 31. “It’s pouring out like crazy. I was freaking out.”

It turned out he had been a target of a newly popular way to steal gas: just drilling a hole. All the thief would have required was a few minutes alone with a handheld electric drill and a gas can - or even some milk jugs. Malala was left with a perfectly round hole in his tank and a nearly $3,000 repair bill. His truck was in the shop for about a week.

This sort of drilling-and-draining thievery appears to be increasingly common as the war with Iran has pushed gasoline prices to their highest level in four years, and as older - and less-destructive - methods of stealing fuel have gotten harder to pull off.

In Los Angeles, where gas prices are among the nation’s highest at about $6 a gallon for regular, service adviser Lupes Armas said his repair shop is fixing a drilled-out gas tank about once a week these days. It used to be a couple times a year at most.

“It’s definitely a problem,” Armas said.

Insurers are starting to see more damage claims, too, although at this point, just weeks into the war and spiking gas prices, the reports are mostly anecdotal, according to the National Association of Mutual Insurance Companies. It will take time to see how bad it gets.

“Let’s hope this is a short-lived phenomena,” said Brett Odom, policy vice president at the insurance group.

The repairs are covered by comprehensive auto policies, experts say.

The drilled-out gas tanks are similar to the occasional waves of stolen catalytic converters, which can be removed from vehicles with a power saw and then sold for the precious metals inside, said Bob Passmore, vice president of personal lines for the American Property Casualty Insurance Association.

That, too, is an expensive repair.