Rita could be bad for Houston and Oil Prices

The Houston Chronicle reports this on Rita:

If Hurricane Rita makes a similar visit to Houston it could be even worse.

There are 10 refineries in the Houston area representing as much as 13 percent of the nation's refining capacity. These facilities and countless chemical plants, located on the bays and bayous in Harris and Galveston counties, are at risk from storm surges like those that came with Katrina.