oil trader
(Weather Watcher)
Sun Aug 28 2005 04:49 PM
Re: Gas Prices due to Katrina

Quote:

Just a quick post. Since 30% of the US gas comes in through LA, I would fill up my tank, gas prices could go up to over $5.00 a gallon in the next couple of days.




Not $5.00, but the national average gas price would be between $3.00 to $4.00, $0.50 higher at least from friday in every part of the country. President Bush just finished his speech and said nothing about how the Administration is going to address the consecuences. By next week end Katrina will not be only a LA and MS event but a Global Kaos.



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