[sammyg2]

Last week the US had about negative 5% excess capacity IOW we could refine slightly less than we use. The difference was made up with imports.
A couple days ago we lost 10% of our refining capacity from the storm.
We don't have enough gas to go around and it will several take weeks to import enough to make up the difference. Some of the refineries in the gulf coast will not be back up and running for months and it is going to cost billions.

If you think paying $3 a gallon is bad now, wait until next week when you can't buy gas.

I recieved several phone calls this afternoon.
Basically I have been told to expect at least hundreds of large pumps to be sent to my shop in california for repair, and several thousand to be sent to the other shops in my company.
I was told I may be on my way to the gulf coast to try and help get the refineries running. Not asked, told. They are calling everyone in the country trying to mobilize all the expertize available.
We have calls into our European companies asking for help. This is going to be ugly. There are 6 or 8 refineries that are under water.

I expect the president to address the country in the next few days and declare a national emergency and call for every available expert to respond with all resources. I woundn't be surprised if they initiated nationwide rationing of some sort.
Maybe i am over-reacting but based on the conversations I've had today i don't think so.