with LOTS of oil prodduction facilities destroyed, or at the least, put out of production for weeks, if not months. In addition, multiple refineries could be knocked out...(flooded)..for an equal amount of time. Oil prices will soar and gasoline prices will be astronomical.
On top of all of this, you cannot put a price tag on the amount of jobs that will be lost. It will be ind dollars and cents, no one could have ever dreamed of, as far as a nationwide economic impact.
Economic impact to this country could be huge....
Moderator: S2k Moderators
Forum rules
The posts in this forum are NOT official forecasts and should not be used as such. They are just the opinion of the poster and may or may not be backed by sound meteorological data. They are NOT endorsed by any professional institution or STORM2K. For official information, please refer to products from the National Hurricane Center and National Weather Service.
-
- Tropical Low
- Posts: 22
- Joined: Fri Jul 08, 2005 8:56 pm
- ConvergenceZone
- Category 5
- Posts: 5201
- Joined: Fri Jul 29, 2005 1:40 am
- Location: Northern California
Re: Economic impact to this country could be huge....
NewOrleans wrote:with LOTS of oil prodduction facilities destroyed, or at the least, put out of production for weeks, if not months. In addition, multiple refineries could be knocked out...(flooded)..for an equal amount of time. Oil prices will soar and gasoline prices will be astronomical.
On top of all of this, you cannot put a price tag on the amount of jobs that will be lost. It will be ind dollars and cents, no one could have ever dreamed of, as far as a nationwide economic impact.
whoa nelly, lets not jump out a window just yet.

0 likes
-
- Tropical Low
- Posts: 22
- Joined: Fri Jul 08, 2005 8:56 pm
- ConvergenceZone
- Category 5
- Posts: 5201
- Joined: Fri Jul 29, 2005 1:40 am
- Location: Northern California
-
- Tropical Low
- Posts: 22
- Joined: Fri Jul 08, 2005 8:56 pm
-
- Category 2
- Posts: 527
- Joined: Mon Aug 09, 2004 6:16 pm
- Location: La Crosse, WI
Lets say it steams towards Pascagoula, MS and takes Chevrons refinery offline for 10days or more...thats over 300,000barrels of crude/day offline. Whos going to refine crude for gasoline/diesel/etc to make up for this? No one, which therefore is going to hit EVERY one of us when gas prices increase and could hit us later on this fall when we turn up the thermostat to burn some of that NG from the gulf.
Its an example, possible? i don't know...
Its an example, possible? i don't know...
0 likes
-
- Tropical Low
- Posts: 22
- Joined: Fri Jul 08, 2005 8:56 pm
I posted this last year just prior to Katrina.....
making landfall....and I want people to re-read what I initially posted, so they can actually think about what they are HAPPY for, instead of WAHOOOOOING about a possible storm.
By the way, I survived by evacuating for a month and then coming home to deal with my damages. Not to mention how things have changed down here.
My work is good, actually very good, but living isn't the same down here. The looting and killings that took place right after the storm are too disgusting to talk about.
Good luck to everyone this year.
By the way, I survived by evacuating for a month and then coming home to deal with my damages. Not to mention how things have changed down here.
My work is good, actually very good, but living isn't the same down here. The looting and killings that took place right after the storm are too disgusting to talk about.
Good luck to everyone this year.
NewOrleans wrote:with LOTS of oil prodduction facilities destroyed, or at the least, put out of production for weeks, if not months. In addition, multiple refineries could be knocked out...(flooded)..for an equal amount of time. Oil prices will soar and gasoline prices will be astronomical.
On top of all of this, you cannot put a price tag on the amount of jobs that will be lost. It will be ind dollars and cents, no one could have ever dreamed of, as far as a nationwide economic impact.
0 likes
Who is online
Users browsing this forum: Argcane, Cpv17, cycloneye, Kazmit, Stormybajan and 39 guests