Hurricane Harvey Aftermath: 100,000 Homes Destroyed, A Million Vehicles Ruined And Bottled Water Being Sold For $99 A Case
Hurricane Harvey Aftermath: 100,000 Homes Destroyed, A Million Vehicles Ruined And Bottled Water Being Sold For $99 A Case by Michael Snyder – The Economic Collapse Blog
It is now being estimated that the total amount of economic damage caused by Hurricane Harvey will be somewhere in the neighborhood of 190 billion dollars. It is a disaster unlike anything that we have ever seen before in all of U.S. history, and federal officials are already admitting that they are literally going to be dealing with the aftermath of this storm for “years”. At this point, more than 100,000 homes have been destroyed, “up to one million vehicles” have been ruined, and many retailers have already been caught engaging in extreme price gouging. But this could be just the beginning, because this storm has already rendered many areas along the Gulf coast “uninhabitable” for an extended period of time, and as you will see at the end of this article another hurricane may be arriving early next month.
What we just witnessed in Houston is being called “a 1,000-year-flood”, and many basic necessities are now in extremely short supply. So of course it was inevitable that this would lead to price gouging, and this is reportedly even happening at some of the largest retail chains. For example, at one Best Buy store cases of bottled water were being sold for 42 dollars…
On Friday, a Twitter user shared a picture of cases of bottled water being sold at a Best Buy in Houston. One of the cases was being sold for $42 when it normally retailed for about $15.
A Best Buy spokesman later apologized, saying it was a ‘big mistake’.
But that water was quite cheap compared to prices in other parts of the city. According to CNN, one convenience store in Houston was actually charging 20 dollars for a single gallon of gasoline and 99 dollars for a case of bottled water…
Texas officials say they’ve gotten hundreds of complaints about price gouging and scams in the wake of Hurricane Harvey.
One convenience store in Houston reportedly charged $20 for a gallon of gas, $8.50 for a bottle of water and $99 for a case of water, according to the Texas Attorney General’s office.
The state has received 684 complaints in all, according to Kayleigh Lovvorn, a spokeswoman for the office.
It is inexcusable to take advantage of people during a crisis in this way. So many are running low on food, water and other basic supplies, and to try to make a quick profit by engaging in price gouging just isn’t right.
In the end, many people are going to have to leave Houston and never look back. To this day some parts of New Orleans still have not recovered from the devastation that Hurricane Katrina caused, and we are facing a similar scenario now with Houston. According to AccuWeather president Joel Myers, it will be “weeks and possibly months” before people can even get back into certain parts of Houston…