Posted on 09/12/2008 5:12:09 AM PDT by NautiNurse
It's $2.82/gal right now. Yesterday afternoon around 3:00PM wholesale prices were $2.74/gal, up around $0.08 from opening price.
fyi—DirecTV has dedicated Channel 363 to hurricane info.
For sure....even we storm watchers out in California will be up early tomorrow FReepin' and watchin'...
Whorealdo is praying he gets the story of the storm when he spots a family of "illegals" sitting on a roof top waiting to be rescued.
He'll breathlessly report these poor people were afraid to go to shelters because they feared being deported.
End of Whorealdo rant.
sw
Crude prices are still dropping. WTI will probably drop to under $100.00/bbl today. Dated Brent is currently at $95.50/bbl.
http://www.maroonspoon.com/wx/ike.html
for anyone interested that link has 4 different tv stations out of Houston.
Prayers for all that will be affected by this storm.
VirginiaMom
Just saw a report from Surfside ~ it is now flooding.
I cannot believe that there are still people still on the islands. Hopefully after they see the news they will get the hell out.
They also showed a reporter in Surfside City (?). with the mayor of that little town, showing the huge waves already in the Gulf, and the water already in the streets.
Hunkering down here in NW Houston; hopefully all Texans along the coast have evacuated.
Prayers up for our Texas FReeper families and all their neighbors. You were there for us when Florida was a storm’s target, now we are here for you.
Interesting the disconnect between crude and gasoline the last few days. Traders probably expect refinery outages in the Houston area to be significant.
My thoughts and prayers are with the good people of Texas. May God have mercy.
live feeds-Texas, apologies if already posted.
If the surge reaches 15ft, for example, everything colored green, blue or yellow will be inundated.
Waves and Tide are NOT taken into account with this... their effects must be added.
Valid question.
Based on that buoy report, I wouldn’t be surprised to see Ike officially made a Cat 3 in the 10AM report.
This station has been good.
http://www.khou.com/video/?nvid=178826&live=yes&noad=yes
Make sure you have a second battery for your laptop charged up?
NEW YORK (AP) Gasoline prices jumped to unprecedented levels in the wholesale markets today as Hurricane Ike tore across the Gulf of Mexico, threatening to strike Texas and its refineries.
The wholesale price of gasoline ranged from $4 to nearly $5 a gallon at the U.S. Gulf Coast today, said Tom Kloza, publisher and chief oil analyst of the Oil Price Information Service in Wall, N.J. That is up significantly from about $3 to $3.30 a gallon on Wednesday, Kloza said.
Were looking at the highest wholesale prices ever for a huge swath of the country, he said. People understand that regardless what happens with Ike, its going to shut down the biggest refining cluster for a period of five, six, seven days.
The wholesale price of gasoline is what refineries charge retailers. Retailers then mark up those prices for the customer so they can make a profit so if these wholesale prices hold, it could mean that pump prices for U.S. drivers easily break through the July 17 record of $4.114 a gallon.
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