If we're lucky we make a nickel. Where we used to make a nickel on a dollar, now we're trying to make a nickel on $2.50 and we're soon going to have to make that same nickel on $3.00. The price factor of it is getting to us.
Basically what everybody's doing now is rationing. Major retailers like Chevron are on rationed supply.
The basic scenario is that supply is definitely questionable.
A huge supply comes out of that region (hit by Katrina). Some of the biggest pipelines in the country come through Mississippi.