How Much Will Gas Prices Go Up After Ida’s Landfall
Hurricane Ida made landfall on Sunday with 150 mph winds and one report of a 170+ MPH gust. This storm was tied to the fifth-strongest hurricane ever to hit the mainland. It also made landfall on the 16th anniversary of the landfall of Hurricane Katrina. What many people have not thought about, is how the Hurricane will affect gas prices at the pump.
Margaret Kidd, the program director for supply chain and logistics technology, said about 90 percent of all production in the Gulf shut down in anticipation of Hurricane Ida. There is no indication yet of when it may all come back online. As reported by click2houston. While Kidd is expecting gas prices, she is not expecting them to rise more than 40 cents a gallon At 40 cents that would take gas prices to 2.85-3.05 in the Crossroads area.
More than 1 million homes and businesses in Louisiana and Mississippi — including all of New Orleans — are still without power. If there is any silver lining, New Orleans appeared to escape the catastrophic flooding city officials had feared. Officials are now saying that electricity might not be restored to some areas for a month. This is not a good thing with extreme heat returning to the area.
Some places are also facing shortages of drinking water. Eighteen water systems were out, affecting more than 312,000 people, and an additional 14 systems serving 329,000 people were under boil-water advisories, the governor said. It might be a while before Louisianans can return home.
If you are able to help out, please do. There are many places in town collecting items to send to the affected area. If you know of any of these places. Please send me an email at JP@townsquaremedia.com and I can share it with our listeners.