Friday, September 12, 2008
The Houston Ship Channel is 50 mile long snake that is 45 feet deep and 530 feet wide (see here) and leads to the busiest petrochemical areas in the world. Suppose Hurricane Ike fills in portions of the channel?
It may take weeks for the refineries and other facilities to get back on line but it won't do much good if ships can't get crude to the refineries...
An earlier post on the Ship Channel here.
A look at Ike from NASA, "Image of Hurricane Ike from the International Space Station. Image credit: NASA."
Count on gasoline prices going way up...