Recession to abruptly hit - Gas to ^$3.50 gallon

[TreasureIslandFLGal]

If this pans out, Katrina will be the worst natural disaster to hit the United States. It will take years and years to recover locally as well as nationally. This storm will likely destroy many of the oil platforms or at least render many of them unusable for quite a long time. In addition, the impact of "spills" and the resulting cleanup will be incredible. Not just from the rigs but the whole system that will probably sustain damage from the pipelines to the storage yards. What a mess.

Wasn't there a movie on tv not too long ago about such a scenario coming to fruition?

Normally a mass disaster such as what this will be would be a situation to call up all the National Guardsmen and Reservists to mobilize to help. But unfortunately, all our troops are thousands of miles away.

I would hate to be a servicemember now with family in NOLA and not being able to help them. -feeling helpless from way over there.

[ajurcat]

Sorry, but we are all concerned about gas prices. At this time tho, I think JMO, we should concentrate on making sure those residents in harms way are evacuated and taken care of. US citizens are resilient and strong!

[Doc Seminole]

Refinery Location bbls/day
Calcasieu Refining Lake Charles 15,680
Calumet Lubricants Cotton Valley 8,500
Calumet Lubricants Princeton 9,500
Calument Lubricants Shreveport 15,000

Chalmette Refining, LLC Chalmette 182,500
Citgo Petroleum Lake Charles 336,801
ConocoPhillips Lake Charles 250,000
ConocoPhillips Belle Chasse 250,000

ExxonMobil Baton Rouge 493,500
Marathon Ashland Petroleum LLC Garyville 232,000
Motiva Enterprises, LLC Convent 225,000
Motiva Enterprises, LLC Norco 220,000
Murphy Oil Meraux 95,000
Placid Refining Co., LLC Port Allen 48,000
St. Rose Refining (Shell) St. Rose 55,000
Valero Energy Krotz Springs 84,000
Valero St. Charles Refinery Norco 155,160

http://www.lmoga.com/reflist.htm

[cccmachine]

3.50 might be to low

on a side note
http://www.lifeaftertheoilcrash.net