The sooner we help our neighbor put out his house fire, the better we'll sleep at night. It's an opportunity to stop what could have been a spike in prices, and to assure that the rest of the country won't have a supply disruption they could have had.

I'm not convinced it's going to have the lasting effect Katrina has, ... ... A lot more capacity could go down, but it'll come back sooner. It's better protected.

Once the refineries start making the product you have to transport it. We have to watch the pipelines to the Midwest and the Northeast. The Northeast is less of an issue because we can get cargoes from Europe. Florida has a big problem because 60 to 70 percent of their gasoline is barged across the Gulf.

To some extent [price gouging] has happened, ... But my understanding is that it's been relatively rare and isolated.

In the second quarter of the year, demand is at its lowest. If they continued pumping when demand eases they could be accused of crushing the market.

I think it's an excellent opportunity to help out, ... It's also going to be a learning experience. This is the largest mobilization of emergency personnel we've ever seen.