Fri Aug 26 2005 10:32 PM
Re: Katrina's Forecast Track Shifts West, Northern Gulf Needs to Watch



I don't know if you can trade futures on a Saturday or not (maybe overseas), and I'm not even sure how all that works. But with current thinking, the daily record run up in oil prices ain't stopped yet. But if investors were giddy today, they're going to be going insane tomorrow unless a shift in the models and NHC edges back toward Alabama. The refineries and production could be hampered beyond belief with an LA or TX (first time I've said that word) offshore threat. I don't know where it's going, but I can promise you that investors will be even more skiddish tomorrow.

PS Send me a 5% cut.


If this forecast verifies, get ready for 3 dollar plus gas next week...

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