Earthside Comments: We're not out of the woods yet on potential threats from natural disasters. And Bush and Cheney are still in office ... and Chertoff and Brown are still bumbling around on the Gulf coast -- you should be very worried.
Link: Another Storm Would Devastate U.S. Energy | Reuters
U.S. oil and natural gas supplies would be devastated if another strong storm hits while the Gulf of Mexico is recovering from Hurricane Katrina, energy analysts said on Wednesday. "We certainly can't stand another storm," said Tom Bentz, vice president and senior energy analyst for BNP Paribas Commodity Futures Inc. "That's why people are watching the storms out there now." Two hurricanes and a tropical storm were churning in the Atlantic Ocean on Wednesday. None of the current storms are forecast to enter the Gulf. The 2005 hurricane season, which lasts until Nov. 30, has been one of the most active on record and is just reaching the traditional peak of activity in early September. ... "Having one beneath Texas would be an unmitigated disaster," said Peter Beutel, president of Cameron Hanover. A storm following in Katrina's wake to the Mississippi-Louisiana coast could finish off platforms and production facilities weakened last week. A major storm in the Gulf would be expected to spike prices to at least the record levels seen last week, the analysts said.
Link: Tropical Storms
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