Saturday, August 27, 2005

Force Majeure.



A lot of people are going to be watching this track.

MarketWatch: Hurricane threatens Gulf oil production.


Hurricane Katrina strengthened Saturday and set a course directly for major oil and gas production fields in the Gulf of Mexico and New Orleans.

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 early Monday, and then continue inland to New Orleans, which could be devastated by a direct hit by a major storm.

"Right now they are predicting the storm in the worst-case scenario for us," said Ted Falgout, director of Port Fourchon, according to Dow Jones Newswires. "It's not going to be a pretty sight if it goes as projected."

[Did we tick somebody off? Is Pat Robertson in New Orleans? I digress..]