It looks like New Orleans may get hit by a major hurricane again. On the plus side, the majority of the oil rigs may be missed. Oil Drum has constant up dates.
Edit: More from Calculated Risk…..
We’re already seeing gas prices get hit. Shell Oil said it will pull all workers off platforms, along with nearly every other producer. More importantly, the Louisiana Offshore Oil Port will halt taking crude this weekend; it’s the only deepwater oil port in the nation.
Nuts.