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Sunday, August 26, 2012

Is Isaac The 'New' Katrina?

Is Isaac The 'New' Katrina?

http://www.zerohedge.com/news/isaac-new-katrina?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29&utm_content=Google+Reader

by Tyler Durden


Tropical Storm Isaac has battered the hopes of an on-time departure of the Romney-Ryan express and now looks set to threaten New Orleans and the Gulf. Weather trackers are predicting an increase in intensity given its size and the storm's predicted paths are set to cross straight through the middle of the Gulf's oil production in a replay of the terrible August of Katrina (though we can only hope not as severe). All major rig operators are evacuating which leaves output notably down already. (via Bloomberg)

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