Wow I don't think the refineries are going to be hit as hard as people think from Rita. These guys are really ahead of the game. Transocean a company whos shares I owned last year is doing this:
installed hotlines out of affected areas and ordered satellite phones for people who support its operations in the Gulf of Mexico, said Guy Cantwell, company spokesman.
"We also learned it could be a 15-hour drive to get the phones to someone in Houston, so we had them sent in by chopper," he said.
While Valero is:
"We are about two or three days ahead of where we were with Katrina," said Mary Rose Brown, spokeswoman for San Antonio-based Valero.
"RVs are rented and ready to go; trucks are packed and ready; we have generators ready; and we've sent refinery managers cash that way we can get it to employees affected," she said.
I think their refineries have to take a direct hit to not be up and running the day after the storm hits. It seems that gas prices shouldn't be affected as much by the storm as people think.
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