Will The Petrol Go Dry?
Hurricane Katrina has had another ripping effect, that Americans may see in the following days. The hurricane has forced a cut off of gas production facilities in the Gulf of Mexico, and many of those facilities received damage in the storm. Normally the Gulf region provides for a third of domestic oil production. The cost of gasoline has jumped in much of the country, and will likely rise sharply in the days to come. Regions of Georgia and Florida are expecting severe gas shortages. The two main pipelines that bring gas and jet fuel to Atlanta are down, and the region now only has a two-day supply of gasoline.