Hurricanes, the new baseball...

[Moonliner]

Originally Posted by Alex

I know they aren't the same storm, but Gustav had no net increase effect on gas prices at the station across the street from us. It may have slowed their drop (it has been a steady 2 cent drop every other day for a six weeks or so now).

I've seen a couple of articles that give credit to Gustav for lowering prices. However I think things will be different with Ike. Gulf oil workers were just getting back to work after Gustav when the had to shut down again for Ike making the outage of Gulf drilling much longer. Also the refineries along the Texas coast are the largest we have. So shutting them down even for a short period will have a larger emotional effect.

Still it is just my guess. We'll see what happens....