LGN News Headlines - -
Sun, Aug 31st - 8:32PM
New Orleans evacuated as gas prices expected to rise to $6/gallon
a historic evacuation of 1.9 million people from the Louisiana coast
complete, gun-toting police and National Guardsmen are standing watch
as rain has started to fall on New Orleans. The powers that be are
extremely worried Hurricane Gustav would be another Katrina.
threatened to arrest if necessary, forcing thousands of American onto
buses and warned that anyone who remained behind would not be rescued.
Looters will go directly to jail – no exceptions.
The storm was
set to crash ashore midday Monday with frightful force, testing the
three years of planning and rebuilding that followed Katrina's
devastating blow to the Gulf Coast.
Painfully aware of the
failings that led to that horrific suffering and more than 1,600
deaths, this time officials moved beyond merely insisting tourists and
residents leave south Louisiana.
Meanwhile the evacuation and
shut down of oil rigs and oil refineries along the Gulf of Mexico has
caused economists to speculate that gas prices, if the worst happens,
could skyrocket to as much as $6 or $7 US per gallon. Due to a shortage
of oil in the United States and a lack of backup oil refineries the
price of gasoline within the USA is expected to rise dramatically.
oil and gasoline stockpiles have been notoriously low since George W.
Bush came to power in January 2001 and started selling off stockpiles.
(The US government normally maintains oil and gas stockpiles in the
event of an emergency or prolonged war, but because of America's
rapidly increasing oil shortage the Bush Administration decided to sell
the stockpiles because they deemed the War on Terrorism to be an
important enough emergency.)
New Orleans appears to be the Achilles heel of the US economy. Whenever the Louisiana coast gets hit by a hurricane the American economy seems to go for a nose dive. Combined with the subprime mortgage crisis in 2007 and the current American recession things are not looking very positive.
least this time the powers that be are taking hurricanes seriously.
Hurricane Katrina in 2005 cost the Bush Administration a chunk of its
already low popularity.