Yes this is bad.
Colonial Pipeline Starts in Houston moves through all the Gulf refineries and goes through the Gulf Coast (LA, MS, GA, FLA) turns north and runs up the Eastern Seaboard terminating in NYC. This is THE major pipeline that brings gas/diesel/Jet fuel to the East Coast, Florida, GA etx. 100 Million Gallons a Day.
They have barely got the thing going since there is so little power through the major supply side of the line.
You are looking at literally running out of Gas in alot of places in the country. Local gas racks (where they load tanker trucks that go to your local station) carry maybe 2-3 days worth of fuel. If they don't get filled by the pipeline, they empty fast.
Crude Side-
90% of crude production is down and 80% of Natural gas production is down. The Gulf produces 20% of all crude and 25% of all Natural gas consumed in the country. Gathering lines are down as are the major crude pipelines in the Southern Louisiana area.
I'm thinking domino effect of refinery shutdowns pretty soon (ie a week). They only carry maybe 3-5 days worth of crude and if they run out of crude, no more gas gets made. which will crunch everything
Bad Bad Bad deal
What are we talking before supplies start to return to normal? Weeks? Months?
It makes one wonder whether it's safe to drive out of town this weekend....what if we can't find a place to fill up and get home?
Also, I haven't heard anything about NO's port, which I understand is the busiest port in the US. Was that damaged too?