Wednesday, September 21, 2005

if rita hits oil refineries, what questions will people ask?

from fox news website

rita is looking a lot like katrina. she is already sustaining winds of 175 mph, which puts her in the strongest category of hurricanes - 5, and according to cnn rita has now become history's third most intense hurricane EVER. rita moved from 165 to 175 as predicting by fox news, because both the depth and warmth of the water in the gulf causes hurricanes to strengthen. she may strengthen even more. but then as the depth of the water lessens, and rita approaches land, she is predicted to become a little weaker, but at this pace could be stronger than katrina in strength with hurricane winds extending 70 miles from the center. unfortunately texas seems the most likely target for rita, though it looks like texans are better prepared to meet rita because katrina trained them well.

now as rita is predicted to hit an oil rich area, prices in gas are already increasing. if rita hits as projected, i wonder what those who believe that katrina was God's judgment for the decandence of new orleans are thinking.

if rita hits as projected, it will hit what is known as ground zero for the refining companies. for according to bloomberg texas is home to the biggest concentration of oil refineries in the U.S., accounting for 26 percent of the nations capacity. they quote rick mueeler, an analyst with energy security analysis inc. in tilburg, the netherlands, as saying, "If Houston suffers the scope of damage caused to refineries in Louisiana by Katrina, we could see rationing and queues at the gas pump.''

the palm beach post reports if rita hits the oil refineries bull's eye, the average joe could be paying $5 a gallon. the article also quoted meteorologist stacey stewart from the national hurricane center who said that "this is likely the first time two category 5 storms have spawned in the same region in such a short amount of time."

obviously oil is an important commodity today, as shown by the very recent dispute breaking out between japan and china, as china has started drilling for gas in disputed waters.

i wonder if those whom i mentioned in a previous article, who believe katrina was God's judgment on decandence, will ask: what connection do these natural disasters have to do with oil? i somehow don't think the question will be posed. so if rita hits, are there any questions that we should be asking ourselves?


At 6:49 AM, Blogger Samurai said...

How about: "Why haven't we started drilling in Alaska yet?"



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