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Since Hurricane Katrina has went further west then first predicted it will now affect many oil rigs in the Gulf. Some of the latest projections have it hitting around New Orleans as a major Hurricane. (30% chance Cat 3 40% chance Cat 4)
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I also hope people will start leaving NOW if they live in the path of this storm. The forcasters have been wrong on this. It is going further west and will be a deadly huricane projected to hit Monday. This gives people less then 3 days to prepare.
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If these platforms are shut down for a few days or a week.... plus it doesn't hit till monday and as long as the course is right oil price will rise.
By Rex Nutting, MarketWatch Last Update: 9:29 AM ET Aug. 27, 2005 E-mail it | Print | Alert | Reprint |
WASHINGTON (MarketWatch) - After battering south Florida, Hurricane Katrina strengthened Saturday and set a course directly for major oil and gas production fields in the Gulf of Mexico
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Hurricane threatens Gulf oil production Katrina could strengthen to devastating Category 5 storm
The National Hurricane Center now expects the year's fourth hurricane to make a second landfall near the major oil and gas hub at Port Fourchon, La., sometime late Sunday or early Monday
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If this one hits Port Fourchon, La. as a Cat 4 or higher it will be more destructive than Ivan was. If the Port has to be shut down because of major damage then oil will skyrocket. $70 a barrel might look cheap if this thing hits Port Fourchon.
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This does not look good. 21 ft storm surge at cat 4. High tide is at approx. 10 am monday morning. People in New Orleans need our prayers. Evacuation and praying is about all these folks can do.
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If the folks of New Orleans and surrounding area become complacient because of other evacuations they now deem un-necessary, this could be a tradgedy of epoch dimensions. I've noticed some people taking a causual attitude, this could be a deadly attitude to take. I noticed a comment, "giving a aspirin to cancer patient" Not much can be done...Evacuate now!
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I am going to try and donate enough money to some agency to buy Bus fare for a family that needs transportation outa there. I've got a bad feeling about this one. The Fedral government has got to kick in , big time.
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This storm may go to a category 5. at land fall. Just announced. This is the real thing,West coast may be in for a serious gas shortage.
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So many people without transportation or money for such.. This may need all our help, please contact the American Red Cross, to help!
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i guess god is ready to start the cleansing process... Pat Robertson musta made him mad last week... Pat prayed away hurricane Isabel back in the 90's, i guess he's slippin' from grace
it sounds like New Orleans could be gone within 24 hours the way the newsguys are putting it... this'll give the religious nuts more fuel on both sides... al-queda wil be smiling and saying praise Allah for washing out the infidels, and Bush's bible meetings will be saying praise Jesus we are getting 100$ per barrel
-------------------- Don't envy the happiness of those who live in a fool's paradise.
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[QUOTE]Originally posted by glassman: [QB] i guess god is ready to start the cleansing process... Pat Robertson musta made him mad last week... Pat prayed away hurricane Isabel back in the 90's, i guess he's slippin' from grace
it sounds like New Orleans could be gone within 24 hours the way the newsguys are putting it... this'll give the religious nuts more fuel on both sides... al-queda wil be smiling and saying praise Allah for washing out the infidels, and Bush's bible meetings will be saying praise Jesus we are getting 100$ per barrel
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glassman, are ya turning a tiny bit cynical on us?LOL
O....Hurry, BUSH IS SPEAKING, man, it's really gonna blow now!!!!
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i believe in prayer... i'm praying for the strength and the CHANCE to clean up... no more, no less....
cynical?? why do you ask that? do you think i'm wrong about the fanatics???
i meant that as seriously as possible...
no lie:
al-queda wil be smiling and saying praise Allah for washing out the infidels, and Bush's bible meetings will be saying praise Jesus we are getting 100$ per barrel
-------------------- Don't envy the happiness of those who live in a fool's paradise.
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glassman, the American Red Cross needs money now! I've written my check. Gods speed to all of you in Harms way.. This Hurricane is nothing to fool around with.
Foriegn tourists who do not speak English, are having a heck of a time, trying to fiqure out whats going on.
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It doesn't look like they've called out the National Guard yet in Louisiana? I can't remember if they are supposed to be back from Iraq yet. I know I chatted with some of the Louisana guys in Iraq, but that was almost a year ago. Anyone know?
-------------------- If it wasn't for bad luck I'd have no luck at all.
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Wow! You mean the Bush administration may have left our own citizens unprotected in order to save Iraq from itself?
quote:Originally posted by HILANDER: It doesn't look like they've called out the National Guard yet in Louisiana? I can't remember if they are supposed to be back from Iraq yet. I know I chatted with some of the Louisana guys in Iraq, but that was almost a year ago. Anyone know?
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Many of Louisiana's national guard forces are now in Iraq but, the mayor said on CNN, there are 1,500 troops ready to be deployed and a few thousand that could be tapped quickly. "We are facing a storm that most of us have long feared," Nagin said at the news conference.
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