Yes, this could have a huge impact on our already strained fuel prices. They think supertankers will be unable to dock and reach refineries for weeks, if not months on end. Many oil platforms in the Gulf will be capsized and several lost.
If this was happening during the week, the DOW would be tanking big time. Should the devastation reach the hysterical proportions we hear from the press right now, Monday will be a black day for trading. (Not that it is more important than those that lose their lives or homes.)
"Yes, this could have a huge impact on our already strained fuel prices. They think supertankers will be unable to dock and reach refineries for weeks, if not months on end. Many oil platforms in the Gulf will be capsized and several lost.
If this was happening during the week, the DOW would be tanking big time. Should the devastation reach the hysterical proportions we hear from the press right now, Monday will be a black day for trading. (Not that it is more important than those that lose their lives or homes."
I'm beginning to wonder if we may be heading for a period where gas/fuel is not going to be available at ANY price -- maybe even with food shortages because of transportation difficulties.
This may be a true nationwide disaster.