*DAMN R6 Forum

I bet my first born that after this hurricane hits gas will be $5 a gallon nationwide. Any takers?

Hmm, i don't think bush would let that happen, I'm sure he'll be spending huge amounts of money to buy up oil and petrol to heavily subsidize the prices...

It should be, Houston area has roughly 70% of the nationwide refinery capacity.  + all the crap destroyed around the gulf, should be fun times at the pump.  Time to work from home

RITA:
Storm May Be the Coup de Grace for the American Economy and Many of Us As Well

by
Michael C. Ruppert

© Copyright 2005, From The Wilderness Publications, www.fromthewilderness.com. All Rights Reserved. May be reprinted, distributed or posted on an Internet web site for non-profit purposes only.

September 21st, 2005 1530 PST (FTW) – As I pack my bags to head to Washington for Congressional Black Caucus hearings on the September 11th attacks (to be conducted this Friday and Saturday) my inbox is being progressively flooded with emails from inside sources in the energy industry about what Hurricane Rita is now likely to accomplish – the near-complete destruction of an already teetering US economy.

Fully 30% of all US refining capacity is in the target zone. Perhaps most importantly, almost every refinery capable of producing diesel fuel is in immediate danger. This promises (especially in the wake of Katrina) a devastating and irreplaceable shortage of the diesel fuel needed to power America’s harvest of grain and food crops this month and next. Without diesel fuel to power the harvesters and combines, crops may be left to rot in the ground presenting a double whammy: food shortages (with prices that may treble or quadruple) and export defaults negatively impacting the financial markets and trade deficit.

Even before Rita strikes, fully 30% of all domestic natural gas production is shut in. The US cannot import natural gas from overseas like it can both crude and refined products. Repair work on infrastructure damaged by Katrina has been halted as crews have been evacuated. The remaining half of Gulf energy production undamaged by Katrina is directly in Rita’s crosshairs. Natural gas prices are up over 110% and home heating oil futures are up almost 70% before Rita even gets here. Since Katrina, US domestic oil production is down one million barrels per day (from 5Mbpd to 4 Mbpd). We were producing 9 Mbpd less than a decade ago.

Peak Oil has made replacement of losses almost impossible even as Saudi heavy-sour is being spurned as useless around the world, even with discounts of up to $10 and $12 per barrel.

A Bloomberg article today contains a quotation from a Wall Street energy expert as saying, “‘Rita is developing into our worst-case scenario,’ said John Kilduff, vice president of risk management at Fimat USA in New York. ‘This is headed right into our other major refining center just after all the damage done to facilities in Louisiana. From an energy perspective it doesn't get any worse than this.’”

The Chairman of Valero Energy agrees with the Bloomberg assessment calling Rita a potentially national disaster. His opinion is important because Valero operates more refineries in the US than any other company.

CNN is now predicting $5 per gallon gasoline and this will not likely go away with market manipulations. We had not yet experienced the permanent spikes resulting from Katrina, and the emergency reserves of the United States’ Strategic Petroleum Reserve and the International Energy Agency have already been tapped once and not refilled.

The South Texas Project nuclear plant – one of the largest in the country – is being completely shut down in preparation for Rita’s landfall. It is only 12 miles from the Texas coast and almost dead center in the hurricane’s projected path. Texas has its own power grid but catastrophic electricity shortages could easily ripple throughout the country in a short time. Electricity lost from that that facility will only be added to what is lost from other facilities powered by now critically short supplies of natural gas.

For those of you who expect FEMA to behave any differently in Texas than it did in New Orleans you are in for a crude awakening. FEMA will do what it must now do to preserve even a functioning part of America’s governing and economic infrastructure. Saving lives will be one of the least important functions in its mandate. While I had serious doubts about America’s ability to recover from Katrina, I am certain that – barring divine intervention – the United States is finished; not only as a superpower, but possibly even as a single, unified nation with the arrival of Hurricane Rita.

Ruppert is just another Chicken Little in the Eblog world of consipiracy whiners.
He probably thinks thesestorms were engineered by Haarp and the yakuza in concert with the Bilderbergs to bring downt he sovereignity of the US, at the behest of the oil rich neocon satan worhippers.

Gas may spike for a short time, but it will come back down. Just as it has with Katrina.
There may be some devastation and chaos for the first few days,
then there will be a unified response, just as in NO.
And the naysayers will be disappointed as always
that the end didnt really come..just as they always are.

fuck these tools.
My America is stronger than that.

I sure hope so, haven't received my book about contingency cannibalism yet.

Label people what you will, regardless the shit is about to hit the fan. The Insurrection Act which "lets the president call troops into federal action inside the United States whenever "unlawful obstructions, combinations or assemblages — or rebellion against the authority of the United States — make it impracticable to enforce the laws in any state", is making its way through congress. Times they are a changin'.

Looks like you'll have front row tickets, eh' Sheix?

euuh, BFG - i don't think he will spend money on it, more exactly he will take it. ( Get it for free )  ;)

Get me?

Seriously, I don't get what your complaining about, 5 dollars/gallon is cheap. 2,49/gallon is almost a 3rd of the price over here.

no kidding Joka, it really isn't  a biggy at that price, then again if it becomes that expensive over in the States its going to do the environment a world of good :D

Currently its 5,39€/Gallon here in Belgium  :-X (around 6,47$ for the moment)...

Yeah, but for the most part, our public transportation systems are shit. If I don't drive, I'm walking. Nothing really we can do about it.

more money from the armed forces towards public transport? then you'd need less oil, and less need to invade other countries to need that oil, and thus need less military (which u can then spend on public transport!) ;)

i guess becasuse countries over here have high prices we need to have good public transport - Scandanavia has... just the UK which has the shittest public transport on earth (well in europe!)

Nah London has an excellent public transportation, but of course London isn't the complete UK.

True, well it isn't half bad considering - the tube is great (when people arn't blowing it up) except it is totally overburdened and massivly under financed (thanks to the f*cking privatisation schemes) Then again if the tube wasn't in london... well the whole capital would grind to a halt!