Friday, August 29, 2008

Gas was under 2 dollars before "K"?

Something like that, but it seems cheap now. The current forecast of "GUSATV" is nearly a worst case for Port Fouchon, where the COUNTRY's ONLY deep water (i.e. where the Super-duper tankers unload) is located. This could knock out a significant portion of US production capability for many, many weeks, if the forecats holds. Not to mention Grand Isle, which is currently on the strong-side, and there may not be much left if this track holds.

Have a nice Labor Day Weekend!

HLG (I blame what I blame)

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