Economic Impact of Houston Flooding (What Should We Expect?) | |
DRGONZO
(OP) User ID: 75451567 United States 08/28/2017 05:18 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 75212537 Portugal 08/28/2017 05:18 PM Report Abusive Post Report Copyright Violation | |
Toprance1
User ID: 70287640 United States 08/28/2017 05:19 PM Report Abusive Post Report Copyright Violation | |
DRGONZO
(OP) User ID: 75451567 United States 08/28/2017 05:23 PM Report Abusive Post Report Copyright Violation | We need to start thinking about and prepping for what the loss of Houston will mean for the country. What seemed to be speculation just 24hrs ago seems to be becoming hard reality tonight... Container traffic, shipping, fuel...transportation refining capacity gasoline availability...etc The list goes on. This is NOT Katrina This is NOT New Orleans This is a MAJOR city with MAJOR economic importance. |
Anonymous Coward User ID: 8532533 United States 08/28/2017 05:23 PM Report Abusive Post Report Copyright Violation | |
Copperhead
User ID: 72998840 United States 08/28/2017 05:25 PM Report Abusive Post Report Copyright Violation | |
DRGONZO
(OP) User ID: 75451567 United States 08/28/2017 05:25 PM Report Abusive Post Report Copyright Violation | What sort of price increase can we expect if roughly HALF of the countries refining capacity is taken out? How will that impact just in time delivery? It's not so much an issue with price its an issue with availability and the trickle down of a major supply interruption. |
Copperhead
User ID: 72998840 United States 08/28/2017 05:27 PM Report Abusive Post Report Copyright Violation | |
DRGONZO
(OP) User ID: 75451567 United States 08/28/2017 05:27 PM Report Abusive Post Report Copyright Violation | How about the excess reserves that the insurance companies have invested in bonds and stocks? They will need to liquidate these to pay out all of the claims. Quoting: Copperhead What will this do to the bond and a lesser extent the stock markets? there are over 5000 oil and gas companies ALONE who do business in Houston. 23 of the largest companies in the country are headquartered there.. This has significant potential to become a MAJOR economic Black Swan vent and I believe that only TODAY are people beginning to realize that! |
Anonymous Coward User ID: 8532533 United States 08/28/2017 05:28 PM Report Abusive Post Report Copyright Violation | We need to start thinking about and prepping for what the loss of Houston will mean for the country. Quoting: DRGONZO What seemed to be speculation just 24hrs ago seems to be becoming hard reality tonight... Container traffic, shipping, fuel...transportation refining capacity gasoline availability...etc The list goes on. This is NOT Katrina This is NOT New Orleans This is a MAJOR city with MAJOR economic importance. There is not much container traffic into Houston. It is primarily Petroleum based trade. The biggest Economic impact will be local to that region of course, with the exception of higher fuel and petroleum based products Nation wide. There is always a possibility of Fuel shortages depending on location(and the Human Psychy). |
DRGONZO
(OP) User ID: 75451567 United States 08/28/2017 05:29 PM Report Abusive Post Report Copyright Violation | |
DRGONZO
(OP) User ID: 75451567 United States 08/28/2017 05:31 PM Report Abusive Post Report Copyright Violation | We need to start thinking about and prepping for what the loss of Houston will mean for the country. Quoting: DRGONZO What seemed to be speculation just 24hrs ago seems to be becoming hard reality tonight... Container traffic, shipping, fuel...transportation refining capacity gasoline availability...etc The list goes on. This is NOT Katrina This is NOT New Orleans This is a MAJOR city with MAJOR economic importance. There is not much container traffic into Houston. It is primarily Petroleum based trade. The biggest Economic impact will be local to that region of course, with the exception of higher fuel and petroleum based products Nation wide. There is always a possibility of Fuel shortages depending on location(and the Human Psychy). The Port of Houston is the is the busiest port in the United States in terms of foreign tonnage, Second-busiest in the United States in terms of overall tonnage.. Thats important folks...and thats STOPPED for the foreseeable future Last Edited by DRGONZO on 08/28/2017 05:32 PM |
Anonymous Coward User ID: 8532533 United States 08/28/2017 05:32 PM Report Abusive Post Report Copyright Violation | What sort of price increase can we expect if roughly HALF of the countries refining capacity is taken out? Quoting: DRGONZO How will that impact just in time delivery? It's not so much an issue with price its an issue with availability and the trickle down of a major supply interruption. If half of fuel capacity is taken down, it could be extremely bad. People panicking and running to Gas up (Causing more Shortages) would certainly exacerbate the situation. |
DRGONZO
(OP) User ID: 75451567 United States 08/28/2017 05:35 PM Report Abusive Post Report Copyright Violation | |
Copperhead
User ID: 72998840 United States 08/28/2017 05:36 PM Report Abusive Post Report Copyright Violation | What sort of price increase can we expect if roughly HALF of the countries refining capacity is taken out? Quoting: DRGONZO How will that impact just in time delivery? It's not so much an issue with price its an issue with availability and the trickle down of a major supply interruption. If half of fuel capacity is taken down, it could be extremely bad. People panicking and running to Gas up (Causing more Shortages) would certainly exacerbate the situation. I remember after September 11 2001 that happened and stations were all running out of fuel. |
Anonymous Coward User ID: 74461487 United States 08/28/2017 05:36 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 8532533 United States 08/28/2017 05:36 PM Report Abusive Post Report Copyright Violation | We need to start thinking about and prepping for what the loss of Houston will mean for the country. Quoting: DRGONZO What seemed to be speculation just 24hrs ago seems to be becoming hard reality tonight... Container traffic, shipping, fuel...transportation refining capacity gasoline availability...etc The list goes on. This is NOT Katrina This is NOT New Orleans This is a MAJOR city with MAJOR economic importance. There is not much container traffic into Houston. It is primarily Petroleum based trade. The biggest Economic impact will be local to that region of course, with the exception of higher fuel and petroleum based products Nation wide. There is always a possibility of Fuel shortages depending on location(and the Human Psychy). The Port of Houston is the is the busiest port in the United States in terms of foreign tonnage, Second-busiest in the United States in terms of overall tonnage.. Thats important folks...and thats STOPPED for the foreseeable future True, but it is mostly Petroleum based(Crude Oil). I've been to Houston/Galveston countless times and can't recall ever seeing a container ship! Tanker Ships however are everywhere! If there is a cascading effect of goods/materials it will be Petroleum/Fuel related. |
Anonymous Coward User ID: 75394950 United States 08/28/2017 05:38 PM Report Abusive Post Report Copyright Violation | |
DRGONZO
(OP) User ID: 75451567 United States 08/28/2017 05:39 PM Report Abusive Post Report Copyright Violation | We need to start thinking about and prepping for what the loss of Houston will mean for the country. Quoting: DRGONZO What seemed to be speculation just 24hrs ago seems to be becoming hard reality tonight... Container traffic, shipping, fuel...transportation refining capacity gasoline availability...etc The list goes on. This is NOT Katrina This is NOT New Orleans This is a MAJOR city with MAJOR economic importance. There is not much container traffic into Houston. It is primarily Petroleum based trade. The biggest Economic impact will be local to that region of course, with the exception of higher fuel and petroleum based products Nation wide. There is always a possibility of Fuel shortages depending on location(and the Human Psychy). The Port of Houston is the is the busiest port in the United States in terms of foreign tonnage, Second-busiest in the United States in terms of overall tonnage.. Thats important folks...and thats STOPPED for the foreseeable future True, but it is mostly Petroleum based(Crude Oil). I've been to Houston/Galveston countless times and can't recall ever seeing a container ship! Tanker Ships however are everywhere! If there is a cascading effect of goods/materials it will be Petroleum/Fuel related. I think I get it...so its probably OIL arriving into the USA from the rest of the world Thanks for that info... So where else can all that oil go? What other ports are set up to deal with that? |
Anonymous Coward User ID: 8532533 United States 08/28/2017 05:39 PM Report Abusive Post Report Copyright Violation | |
DRGONZO
(OP) User ID: 75451567 United States 08/28/2017 05:40 PM Report Abusive Post Report Copyright Violation | How about not one penny of rebuilding money unless stilt homes or these idiots will be going thru this again and again. Quoting: Anonymous Coward 75394950 I was wondering today; 'at what point does the cost of re-building a city the size of Houston become prohibitively expensive for the country?' At what point do you have to just declare it a "loss" and try to move on. This is a MAJOR problem folks Last Edited by DRGONZO on 08/28/2017 05:41 PM |
Anonymous Coward User ID: 75212537 Portugal 08/28/2017 05:42 PM Report Abusive Post Report Copyright Violation | |
DRGONZO
(OP) User ID: 75451567 United States 08/28/2017 05:44 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 9211009 United States 08/28/2017 05:45 PM Report Abusive Post Report Copyright Violation | |
DRGONZO
(OP) User ID: 75451567 United States 08/28/2017 05:46 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 9211009 United States 08/28/2017 05:47 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 9447855 United States 08/28/2017 05:49 PM Report Abusive Post Report Copyright Violation | This will not end well. Grocery stores are empty. No way in or out by land. Millions of people are displaced with no way out and no where to go. To top it off the tracking shows it heading right back to Houston. The good: people are helping each other. Good will prevail because of good people and not the government. |
Anonymous Coward User ID: 74461487 United States 08/28/2017 05:50 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 27229579 United States 08/28/2017 05:55 PM Report Abusive Post Report Copyright Violation | Property values in all cities will go up. Rents will go up. Jobs will be tight. Shelf goods supplies will be stretched thin. Medical and medicines supply will be tight. 5 million people will have to replace almost everything. You won't be able to get a contractor to fix anything, their going to go gouge in Texas. If you DIY, home materials at Lowe's and Home Depot will be in short supply as it will be diverted to impacted areas. Last August people in LA were driving to other states for sheetrock and building sipplies. |
Transition
User ID: 75387172 United States 08/28/2017 05:57 PM Report Abusive Post Report Copyright Violation | We have plenty oil and gas in storage but prices will increase as gas stations struggle to get water out of tanks. Hospitals have been evacuated. Business/homes lost plenty of carpenters and roofers will surface as Texas is punished for voting for Trump by tptb. We will thrive! Looking outside my cave. |