Hurricane Thoughts
Two things jumped out at me today: one good, one not:
1) Texas Governor Rick Perry announced that evacuees from Hurricane Katrina staying in the Astrodome will be able to attend Texas schools for the duration of their stay. Perry’s never been much of a governor, but this was a class act.
2) Gas prices. What can I say? Yesterday, the Chevron by my office was $2.62. This morning, it was $2.69. This evening it was $2.89. Virtually every station on my commute home had the same price as well. Ten percent in 24 hours. That’s just obscene. I know there’s a loss of capacity from the hurricane, but I have a hard time believing we lost that much. We keep hearing about China, cars, refineries, formulations, etc. but it’s hard to justify a 200% price hike in five years.
