Thursday, September 01, 2005

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.

2 Comments:

Anonymous Anonymous said...

Perhaps if people like that last commenter would read and watch the REAL news once in a while, they might know something about what they are commenting on.

There are shortages in many states, and earlier Bush himself asked people to not buy gas unless they need it.

It's always good to stay informed.

-charmaine-

2:36 PM  
Blogger Alva Goldbook said...

Miami,
I got this information, at least about Florida particularly from local ABC, and NBC affilates in Florida. Jeb Bush even commented on it, asking for Floridians to conserve. My understanding of the current situation is that the gas in reserves will likely go dry in a 2-3 days. Gas prices all over the US is expected to jump to 4 dollars a gallon by next week.

2:40 PM  

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