Thursday, March 24, 2005

I just posted my first riff

over at the Houston Democrats blog.

Some of us will be Drinking Liberally this evening. You're invited.

Update: Lisa in the comments corrects me about the official DL meeting. Some of us will carry on the tradition anyway and you're still invited. Post if you need more info.

Wednesday, March 23, 2005

More upward pressure on gasoline prices coming

The refinery explosion which occurred today at the BP Amoco facility in Texas City (near Galveston, south of Houston) claimed at least 14 lives and sent nearly one hundred people to the hospital.

Terrorism has been ruled out, according to the FBI.

This refinery, the third-largest in the nation, produces 3% of the nation's daily gasoline supply.

Without demeaning those of my neighbors who lost their lives or were injured today, one of the significant impacts of this event will be an immediate spike in the price of gas, perhaps as much as 10-15 cents per gallon. That's depending on how long this refinery's gasoline production is interrupted. "Immediate" can be defined as within the next few days. That will occur at your pump, wherever it is you happen to live in the United States.

I believe the price of gasoline, already steadily escalating, will begin surging. I think $3.00 a gallon, here in Texas, by Memorial Day, is a distinct possibility. I hope I'm wrong, because the impact of such a circumstance on the economy -- locally as well as nationwide -- will be severe.

And now back to your Terri Schiavo/Michael Jackson/steroids-in-baseball regularly scheduled programming.

Update: Perhaps I was Chicken Little in my prediction:

Other than the unit affected by the blast, the rest of the refinery was running normally, said Hugh Depland, spokesman for BP, formerly British Petroleum.

He declined to answer questions about the capacity the refinery was running Thursday or how production would be affected.

Gasoline prices could rise slightly because the plant is such a large gas producer. In afternoon trading Thursday in New York, the price of unleaded gasoline for April delivery was up less than a penny at $1.583 a gallon.

One of my favorite times of the year

...and not just because everything's greening out.

No, the true joy I feel is related to college hoops, MLB spring training, golf tournaments, and the NBA push for the playoffs.

Last night the Rockets threw a net around Shaquille O'Neal and the Heat, the best team in the East and derailed their 12-game winning streak. That capped a couple of weeks of dominance over their Western conference opponents -- except for the Timberwolves. That hiccup aside, the Rockets seem to be peaking at the right time; I think they could go far in the playoffs, especially if some key cogs on their rivals stay injured (Tim Duncan, Steve Nash, etc.)

I'm still favoring one of those Tobacco Roaders -- UNC, Duke, or Kentuckaay --for the NCAA championship. Though it's nice to see Bob Knight having another little moment. I really think that guy has mellowed out at last.

I also like Ezeqiuel Estacio for the fifth spot in the Astros rotation and Willy Taveras in center. Now rather than later, please, Phil Garner. And maybe go ahead and get Bobby Higginson.

The Shell Houston Open is next month and I already have my tickets. And a few opportunities to play on the board.

Hope you're enjoying your spring as much as I am.

It's like living in a real city

blogHOUSTON, by way of Pegasus News, links to the Dallas Morning News for some coverage, including a nifty little pocket guide in .pdf format, enabling one to utilize and enjoy the Houston light rail line and the stops along it.

(Though it's not without their daily snarky potshot at the Chronicle -- which must be the staff's prime directive -- I read blogHOUSTON regularly, despite their much-too-conservative bent.)

Here's my humble O about the light rail:

We live within walking distance of the Smith Lands station and have been taking the train downtown for Astros games, Rockets games, and Main Street Square for dining and entertainment. We took a self-guided Art Deco tour of buildings along the line last fall, and two weeks ago went to the Cartier exhibit at the MoFA. I've been riding the rail to my doctor's appointments lately, saving me the hassle and expense of parking.

Nothing has transformed my experience of living in Houston to a greater degree than this train coming by my house.