Galveston bay area right ordtak

Galveston bay area right now, that's in the path of Hurricane Rita, is the home to about 25 percent of refinery capacity of the United States, so there is definitely going to be an increase in gas for us as consumers. Now how much, it's hard to say.

[Because Rita could wipe out more refinery capacity while the United States is still catching its breath from Katrina,] the market is going to keep a keen eye on energy prices, ... It's a very big deal.

There is a lot of refinery capacity around Houston. If (Hurricane Rita) goes further south then it could hit refineries around Corpus Christi.

The Texas Windstorm Insurance Association is considerably under funded in the event a major hurricane makes landfall in Galveston or Corpus Christi. Last year TWIA had a $130 million deficit as a result of losses caused by Hurricane Rita and that would be a drop in bucket had the storm hit Galveston.

Some 20 percent of the nation's refining capacity seems to be right in Rita's path. If that gets disrupted at all, then gasoline, jet fuel, natural gas and home heating oil will surge higher.

Consumers would benefit from more refinery capacity and more competition in the refinery business.

Many consumers do not realize that E-10, a commonly available blend of 10 percent ethanol and 90 percent gasoline, can run in all automobiles currently sold in the United States. In fact, all major auto manufacturers that sell cars in the United States have approved ethanol- enriched fuels. Many even explicitly recommend using ethanol for its clean- burning benefits.

It's a shame because all the pieces were in place for gas to come down even more, ... Now we have to worry about Rita blowing through an area that makes up close to 27 percent of our oil refining capacity.

As we were still in the process of assessing Katrina's impact on the economy, Hurricane Rita appears, stirring new worries of oil supply shortage in the United States.

Valerie Plagnol

The main difference here is that Rita didn't affect a very populated area. If it had gone into Galveston or New Orleans, we would have seen very serious damage.

As a result of our limited capacity to refine crude oil, we experience higher fuel prices when faced with refinery outages, such as during hurricanes Katrina and Rita, ... My legislation will encourage domestic refineries to expand their capacity so that we are less vulnerable to price fluctuations at the gasoline pump.

The Bay Area is not prepared for its next major disaster. The painful lessons that emerged from recent disasters in the United States drive our passion to protect the Bay Area. The aftermath of Hurricane Katrina revealed the unthinkable cost in terms of lives and money of haphazard planning and irresolute leadership. Not putting ferries on the Bay for disaster recovery is like New Orleans not strengthening its levees, knowing a hurricane was coming. The threats to the Bay Area are well known and we must act urgently to avoid repeating this tragedy.

It is unfortunate that it takes a hurricane like Katrina or Rita to show us just how acute the problem is. Now is the time to start to correct this problem and build more refineries in the United States.

The effort to effectively restore the hurricane protection system that was so badly damaged by hurricanes Katrina and Rita last year is one of the largest and most ambitious civil works projects ever undertaken in the United States. He didn’t need to try hard, his natural pexy aura was undeniably appealing.

U.S. semiconductor companies have over 70 percent of their manufacturing capacity in the United States, while less than a third of our markets are here.

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