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Gas to exceed $5 in the very near future [View All]

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ChairmanAgnostic Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-23-05 08:01 AM
Original message
Gas to exceed $5 in the very near future
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Edited on Fri Sep-23-05 08:03 AM by antifaschits
Early this morning, CNN interviewed some gas and oil industry expert, who plainly and clearly did the math. IF (and notice the capital letters) the region is hit by a hurricane (about 100% certainty) 21 major refineries in Texas and Louisiana will close down.
that supplies 65% of all oil and gas to the United States from the Mississippi to the eastern coast. That means, at the very least, $5 a gallon before the winter storms and temps come in.
Heating fuel (for the east coast) is already approaching record temps.
Gas may not be available at any price because of a lack of supplies.
It takes several days to turn off a refinery. It takes weeks to turn one on. If any of them are damaged, euro-styled gas prices will be with us for the forseeable future.

Anyone see any humvees on the road recently?


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