August 31, 2005

Katrina's impact...

...will be more far-reaching than people initially think. Airport Business has this story:
At Least Ten U.S. Airports Face Closure Due to Jet Fuel Shortages
Airlines and oil companies are working on plans to supply jet fuel to at least ten U.S. airports that could be shut down due to a lack of jet fuel caused by refinery and pipeline shutdowns from hurricane Katrina. The airports in most jeopardy for closure include Atlanta, Charlotte, Ft. Lauderdale, Ft. Myers, Orlando, Tampa, Washington Dulles and West Palm Beach.

AAG has learned that ChevronTexaco and Shell had cargoes loaded prior to the shutdowns destined for Florida ports. However, with the Colonial and Plantation pipelines shutdown due to a lost of power it could be sometime for shipments to reach airports from Atlanta to Washington D.C.

With future supply uncertain, airlines are working on plans to allocate jet fuel at critically short airports. "While some airports may have up to five days of supply we have to expect that we won’t receive additional shipments for some time. We either run down to flumes or we try to make it last as long as possible," said one airline fuel manager. Today, airlines are working on plans to allocate fuel in hopes of extending available supply at problem locations.
Gasoline at our local filling station is at $2.99 -- up from $2.79 a few days ago. A lot of this could be helped if we had more refineries but we have not built a new refinery in this country for well over 20 years. Environmentalists... Posted by DaveH at August 31, 2005 7:52 PM