We didn't have a surplus of refining before Katrina. There is basically no slack left in the system, and you don't have to have a Katrina-type impact to have a devastating impact on the industry right now.
Quotes about katrina-type (2 Quotes)
Next time, a cleansing Katrina-type storm will not leave anything for us to argue about, ... The Bible says, 'If my people, who are called by my name, will turn from their wicked ways, then I, their God in heaven, will hear their pleas and heal their land.' Let's pray and humble ourselves.