I think oil will jump $10 to $15 by tuesday...I think DOW will tank like 300 to 500 points...very serious
well if its going to giddy up by 10 to 15 it better get on with it- currently only up by3 bucks and natty barely up
increasenow I think you have lost your mind... Would not want to own insurance companies... oil is at 118 right now, this will sink big time by this time tomorrow...
I don't think that you have a very good understanding of the energy markets. Go do some "homework", and don't forget to check the inventory build of nat-gas on Thursday. It was so above and beyond the consensus that ALL nat-gas rigs in the GOM would have to be shut down for 3 full days just to get back to the consensus number of 82 Bcf build. Hurricanes have the greatest effect on Nat-Gas. If you don't believe me, feel free to check out the charts of the entire energy complex back in Aug/Sept of 2005. In the meantime, one still has to be aware of the economics of the current supply/demand situation.
it is a big deal if you live there, but that being said should have little impact on oil production...
If Sam Kinison were still alive he would definitely have a comedy routine that includes a blab about U-Hauls and people who live in New Orleans!!! :eek: http://www.youtube.com/watch?v=6MEhb5FF844 http://www.samkinison.org/
have you been watching it...couldd be a cat 5 hurrican...literally 100's of oil rigs in its path..serious stuff...