Friday, September 12, 2008

Looks like I might be Walking the 5 1/2 Miles to Work Next Week

The oil and gas industry was closely watching the storm because it was headed straight for the nation's biggest complex of refineries and petrochemical plants. The upper Texas coast accounts for one-fifth of U.S. refining capacity, and many platforms were shut down. Wholesale gasoline prices jumped to around $4.85 a gallon for fear of vast shortages. That was up substantially from about $3.25 on Wednesday and less than $3 on Tuesday.

2 comments:

Ranger said...

You saw gas for sale for less than $3?

Corms said...

No that's an AP story from Yahoo and that was the wholesale price.