this hurricane has the potential to impact our economy like none before it. we may lose a major port/trade/distribution center for the south and central part of the county tomorrow... katrina is probably going to shut it down. the city is likely going to be unlivable for some time... sizable refugee problem. cities like biloxi and gulfport will likely experience significant damage as well. this hurricane will probably lap andrew and set the bar a great deal higher.
offshore oil production is going to be way down as well... we may lose a platform or two. new orleans is a major refining center as well... so get ready for $3 a gallon gas.. it's coming soon, says my dad.
by the way, i talked to steve the other night. i think he'll leave... he knows the score.
HF 1515z28august