Drivers at some stations in South Carolina are paying more than $5 a gallon as Hurricane Ike rolls through the oil patch in the Gulf of Mexico. The state put its price-gouging law into effect at noon. Meanwhile, Gov. Mark Sanford says:

"[T]his is a time to think of ways in which each of us can make a difference on what may come our way if refineries in Texas are significantly damaged. It might mean riding to the football games with a neighbor or on Sunday riding to church with a friend. It might mean watching a video at home rather than going to the movies or riding to work with a co-worker."

You can watch it all with the Oil Drum.

categories: News, Oil Economy

4:52 - September 12, 2008

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