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Originally Posted by Rubyee
On a related note, my mother just called me to warn me that since all of the oil rigs in the gulf have evacuated, I should get gas today. Funny how any disaster can be related to gas prices. I seem to remember a huge rush to the pump on the night of 9/11.
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Keep in mind this part of the US produces about 30% of domestic oil. Last year Ivan grazed this area and the price of oil went up $10. Now a bigger Hurricane is hitting the area. There is a good chance that oil production could be fucked for a month or more. Not only pumps, but refineries are going to be affected. Gas could go up 1.50 to 2.00 by the end of the week.