All Posts Tagged With: "hurricane ike"

Hurricane Ike is the Latest Wild Card in the “Guess the Gasoline Price Game”

Last week’s crude and gasoline inventories dropped more than expected as the effects of Hurricane Gustav resulted in some production disruptions. Gustav, which struck last month, was the fourth-most-destructive storm to hit the United States, causing $20 billion in damages.

And then came Hurricane Ike.

Ike made landfall in the Galveston area of the U.S. Gulf Coast on in the pre-dawn hours Saturday (the day I was penning this column) as a Category 2 storm with winds hitting 110 miles per hour. Ike’s path toward Houston makes it the first storm to hit a major U.S. metropolitan area since Hurricane Katrina eviscerated…

15Sep2008 | Money Morning | Comments Off | Continued

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