To give further illustration to Charles’ point about possible infrastructure disaster in the gulf for oil and gas, check out this interesting PDF map of the gulf production region. Play with the size to zoom in on particular areas and then overlay where the eye of the storm is. Rita’s going to hit a big chunk of rigs, pipes, and refineries. Let’s hope they hold well during the storm. Also, the NYMEX has declared force majeure on the prompt Henry Hub natural gas futures contract due to pipeline shutdowns forced by Rita. They rightly did the same back during Katrina. … Continue reading Re: Disaster