Posted on 08/30/2005 8:03:13 AM PDT by alligator
The attached is a video from WWL TV in New Orleans. The mayor of New Orleans gives a very detailed report of the condition of the city. As bad as the national news is painting the picture, it falls short of the devastation that has occurred.
There are 8 refineries located in the New Orleans to Mobile areas. Nearly 1/2 of all the gasoline in the country is refined here. These are all shut down, and they don't know for how long. Even if they were capable of running the refineries, there will be a huge shortage of workers as they have evacuated. All of Metarie, Slidell, Mandeville, Kenner, etc is under water and there is no place for them to come home to. Large oil super tankers will not be able to off load to the refineries even if they could run. The pipelines and transport facilities are all in jeopardy.
The New Orleans port and the Mississippi River structure carries nealy 1/4th of the entire countries goods and equipment. The export and import of goods will cease for a long period of time. Fill up your tanks, stock up your goods. Prices will be rising
http://www.wwltv.com/perl/common/video/wmPlayer.pl?title=www.wwltv.com/082905mayor.wmv
I work (technical sales) in the industry, and in those refineries, and am quite familiar with each and every refinery down there. My intent on reporting this was not to have panic set in or cause greater concern. I didn't even consider that aspect. However, that said, I can understand the feds not wanting to have the situation worsen by hording and panic buying, so I would expect there to be news articles planted to reassure the public. But I speak from knowledge. You do what you want with that info...
And apparently she's back in heat!
Yeah, the enviro-whackos will be milking this.
Scum.
Well, we've got a president who is capable of going down there to rebuild if he had to. Can you imagine former presidents, besides Carter, capable of that? It's the one thing I give Jimmy Carter credit for.
"I can understand the feds not wanting to have the situation worsen by hording and panic buying,..."
Which is why the market should be allowed to work. The prices should be allowed to rise to levels that will prevent this activity. The problem is that many state governments would then charge the gas stations or oil companies with price gauging.
Walter Williams talks a lot about these market concepts.
I have SO got to scrounge up a .wav file of that and keep it handy for certain situations here at work.
}:-)4
He may do good down there yet, he is good with a chainsaw cutting brush!!! (SAC off)
Doomed?
I have already heard that today at work.
General Wise and New Orleans Mayor Victor Schiro visiting flooded areas in Orleans and St. Bernard Parishes after Hurricane Betsy in September 1965.
We can build a camp fire,... sing some songs,...
Remember on 9/11 the reporters refused to show the footage of the real carnage going on? Are they censoring the news again?
If the price of gas goes much higher the pressure on wages will be immense, especially in urban areas which have job sprawl and poor mass transit. Here in St. Louis for example our remarkable Metro just cut the Cross County and refuses to service large parts of Chesterfield and St. Charles County, which has jobs but needs entry-level workers.
When wage indices go up, the genius Fed led by the Sage Greenspan will jack rates up in response.
recession will turn to depression.
I think the New Orleans officials could have prevented a lot of it by actually spending the money they collect to maintain the levee system on maintaining the levees.
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