The American public is pissed as it is. Imagine the outrage if this comes to pass.
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NEW YORK (CNN/Money) - Remember when gas spiked to $3-plus a gallon after Hurricane Katrina? By this time next week, that could seem like the good old days.
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"We could be looking at gasoline lines and $4 gas, maybe even $5 gas, if this thing does the worst it could do," said energy analyst Peter Beutel of Cameron Hanover. "This storm is in the wrong place. And it's absolutely at the wrong time," said Beutel.
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Just about all of Texas's refinery capacity lies in that at-risk zone. (For a look at CNN.com's coverage of Hurricane Rita, click here.)
"There is no lucky 7-10 split scenario to use a bowling analogy," he said. "If you're
within 200 miles, you're going to feel the effect."
Link: http://money.cnn.com/2005/09/21/news/economy/rita_threat/