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10/20/2017 1:01:18 AM
9/22/2017 12:11:25 AM
Posted: 8/28/2005 4:46:04 PM EDT
All friends are stirring that Katrina is going to slow the flow of oil and gas and that the prices will be up by the morning time. Just filled up today and have an extra 30 gallons so I should be set for a couple weeks.
Link Posted: 8/28/2005 4:47:29 PM EDT
It will affect gas prices and couple that with the upcoming holiday weekend.
Link Posted: 8/28/2005 4:48:38 PM EDT
I take a stab and guess it will make a 15% jump at the pump within the next 72 hours.
Link Posted: 8/28/2005 4:49:11 PM EDT
With oil futures blasting through $70 and
a large hunk of the domestic oil refining and
transport capability of the US about to be
obliterated, I'd say "affect" is a bit of an
understatement.
Link Posted: 8/28/2005 4:49:26 PM EDT
I agree there is going to be a short term spike. $70 a barrel and then it will slide some after Labor day.
Link Posted: 8/28/2005 4:54:12 PM EDT
Yes it will! There is alot of oil and chemical infrastucture in that area! Used to pick up alot of plastic resin from there. At nite,the sky glows from all the refineries and chemical plants along the coast and rivers.
Link Posted: 8/28/2005 4:55:03 PM EDT

Katrina was "unmitigated bad news" for motorists across the nation because it shut down offshore production of at least 1 million barrels of oil daily and threatened refinery and import operations around New Orleans, said oil analyst Peter Beutel. He predicted crude oil could top $70 a barrel by Monday or Tuesday


home.frontiernet.net/newsdetail.asp?cat=3&id=29850
Link Posted: 8/28/2005 4:56:19 PM EDT

Originally Posted By TheCynic:
With oil futures blasting through $70 and
a large hunk of the domestic oil refining and
transport capability of the US about to be
obliterated, I'd say "affect" is a bit of an
understatement.



+ the supertankers aint going to be off loading at the LOOP for awhile if ever again.
Link Posted: 8/28/2005 4:56:31 PM EDT
natural gas is currently trading up $1.97 from fridays close. 4 of the next 7 months are trading over $12.

3 yrs ago, nat gas was at $3-4/ MMBTU


It's already getting ugly.

TXL
Link Posted: 8/28/2005 4:57:14 PM EDT
I just filled up my truck (in case). $83.00 at $2.65. I bet it hits $3.50 by Labor Day.
Link Posted: 8/28/2005 4:59:16 PM EDT

Originally Posted By Pangea:

Originally Posted By TheCynic:
With oil futures blasting through $70 and
a large hunk of the domestic oil refining and
transport capability of the US about to be
obliterated, I'd say "affect" is a bit of an
understatement.



+ the supertankers aint going to be off loading at the LOOP for awhile if ever again.



No shit, I saw that TV movie a little while back.

Link Posted: 8/28/2005 5:00:15 PM EDT
Link Posted: 8/28/2005 5:01:57 PM EDT
Link Posted: 8/28/2005 5:34:10 PM EDT
I filled up the cars and reserve cans tonight
Link Posted: 8/28/2005 5:41:32 PM EDT
[Last Edit: 8/28/2005 5:42:47 PM EDT by pale_pony]
Port Arthur Refinery,
We may see $3.00 a gallon by the end of September.
Link Posted: 8/28/2005 5:45:04 PM EDT
[Last Edit: 8/28/2005 5:45:42 PM EDT by 4get_No1]
CBS: 09:46 PM EDT Aug 28

Analysts see Katrina as 'perfect storm' for already high energy prices

<snip>

The impact was immediate Sunday night when electronic trading resumed on the New York Mercantile Exchange, as crude oil futures spiked $4.50 US per barrel, putting the cost above $70 for the first time since oil began trading there in 1983.

<snip>
Link Posted: 8/28/2005 5:47:02 PM EDT

Originally Posted By Wave:
Of course it will...


+1

The gas station owners can smell blood in the water and will gouge us for every dime are sincerely worried about limited supply and will only pass along reasonable increases
Link Posted: 8/28/2005 5:50:00 PM EDT
Screw the fucking gas prices!!! A lot of folks are going to lose homes and businesses,loss of income ,loss of life..You guys are worried about fucking gas prices!!!
Link Posted: 8/28/2005 5:51:55 PM EDT
[Last Edit: 8/28/2005 5:51:55 PM EDT by 82ndAbn]
Duplicate topic: http://www.ar15.com/forums/topic.html?b=1&f=5&t=383715
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