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Originally posted by Pr0xY
quote:
Originally posted by expert
this is going to be huge and gas is going to be 5$ a gallon
Yeah that will suck for everyone on the southern part of the United States. I'm glad Wisconsin, Minnesota, and Michigan gets there gas from Canada.
Actually, some states are under investigation now after raising their gas prices during Hurricane Katrina. The hurricane should have had no effect on gas prices for the northern part of the US, since there was no hurricane in Canada . I hate when they price gouge it for BS reasons. :/
Well you have to think of it like this. Most of the South's oil comes from the refineries in the gulf. The refineries were shut down for what, like 5 or 6 days? When something that huge happens, you have to start getting oil from the northern companies. And when you do, the oil prices in the north will rise.
I'd love to own a oil company, would be a multi-billionare.