The Anchorage Daily News has an excellent article today on the Drift River Oil Terminal, a depository for oil collected from the platforms in the Cook Inlet. This oil terminal stores at least 1,000,o00 barrels of oil (see article for why we're not sure) and sits, well, at the base of Redoubt (see map below from Anchorage Daily News) on the floodplain of the Drift River (~25 miles from the vent).
Now, this oil terminal was more-or-less destroyed during the last episode of volcanism at Redoubt twenty years ago when the terminal was wiped out by floods resulting from the eruptions. Not only did this cause the retrieval of the oil left at the terminal to be an immense problem, but it shut down production in the Inlet for 10 days ... and we all know what this kind of news does to gasoline prices.
You would think that after ...