RE: Hurricane Ike & Texas
To tell you the truth, it's hard to believe anyone is left along the coast or in Houston. Thousands of people flocked to San Antonio the past couple of days to get out of the way of the storm. The term that's being used, since S.A. is a tourist mecca, is that they're taking a hurrication.
Naturally, gasoline went up about 15 cents overnight and is hovering around $3.65. Fortunately, it doesn't appear right now that the Houston Ship Channel got inundated. Had that happened, we'd be in deep you-know-what. A lot of petrochemical products flow through that port.