That all changed on the wholesale market Thursday, Kloza said, largely from concerns about the potential damage Ike may cause to refineries along the Texas coast. Texas is home to 26 refineries that account for one-fourth of U.S. refining capacity, and most are clustered along the Gulf Coast in places such as Houston, Port Arthur and Corpus Christi. Exxon Mobil Corp. (nyse: XOM - news - people )'s plant in Baytown, outside Houston, is the nation's largest refinery.
"This is about refineries in the target of the storm," Kloza said. "This is about refineries having to shut down for probably five, six, seven days even if the storm misses them."
Originally posted by: Queasy
it's explained right here:
That all changed on the wholesale market Thursday, Kloza said, largely from concerns about the potential damage Ike may cause to refineries along the Texas coast. Texas is home to 26 refineries that account for one-fourth of U.S. refining capacity, and most are clustered along the Gulf Coast in places such as Houston, Port Arthur and Corpus Christi. Exxon Mobil Corp. (nyse: XOM - news - people )'s plant in Baytown, outside Houston, is the nation's largest refinery.
"This is about refineries in the target of the storm," Kloza said. "This is about refineries having to shut down for probably five, six, seven days even if the storm misses them."
Originally posted by: Gibson486
one place here went up 20 cents. It was 2.49 2 days ago, but it was 2.69 this morning.
Originally posted by: krwilsonn
Originally posted by: Gibson486
one place here went up 20 cents. It was 2.49 2 days ago, but it was 2.69 this morning.
Wow I want to live where you live.
Originally posted by: Gibson486
one place here went up 20 cents. It was 2.49 2 days ago, but it was 2.69 this morning.
Originally posted by: waggy
Originally posted by: Gibson486
one place here went up 20 cents. It was 2.49 2 days ago, but it was 2.69 this morning.
wow we are still at 3.60 and havent droped much in the last month.
Originally posted by: mcmilljb
Originally posted by: krwilsonn
Originally posted by: Gibson486
one place here went up 20 cents. It was 2.49 2 days ago, but it was 2.69 this morning.
Wow I want to live where you live.
Mine is around that too. I paid 2.45 just a few days ago. We have like the lowest tax in the country, which keeps the rednecks happy. I do need some for the weekend, so I'll buy some tonight.
Originally posted by: tasmanian
Originally posted by: mcmilljb
Originally posted by: krwilsonn
Originally posted by: Gibson486
one place here went up 20 cents. It was 2.49 2 days ago, but it was 2.69 this morning.
Wow I want to live where you live.
Mine is around that too. I paid 2.45 just a few days ago. We have like the lowest tax in the country, which keeps the rednecks happy. I do need some for the weekend, so I'll buy some tonight.
Damn we are paying 3.76 where I live.
Originally posted by: mcmilljb
Originally posted by: krwilsonn
Originally posted by: Gibson486
one place here went up 20 cents. It was 2.49 2 days ago, but it was 2.69 this morning.
Wow I want to live where you live.
Mine is around that too. I paid 2.45 just a few days ago. We have like the lowest tax in the country, which keeps the rednecks happy. I do need some for the weekend, so I'll buy some tonight.
Originally posted by: mugs
Originally posted by: mcmilljb
Originally posted by: krwilsonn
Originally posted by: Gibson486
one place here went up 20 cents. It was 2.49 2 days ago, but it was 2.69 this morning.
Wow I want to live where you live.
Mine is around that too. I paid 2.45 just a few days ago. We have like the lowest tax in the country, which keeps the rednecks happy. I do need some for the weekend, so I'll buy some tonight.
No state has more than $.50 gas tax, so I'd love to know how some areas of the country are getting gas for $1/gallon less than the rest of us.
