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  • New Orleans market effect in next SMR?
      • Clint
      Posted Sep 1, 2005 1:26 PM

      I look forward to hopefully reading your perspective on the probably market effects of the hurricane disaster in New Orleans in the next Smart Money Report, Larry.

      At this point I frankly find it difficult to figure out if the degree of loss for gasoline refining as well as crude oil production is meaningful and if so for how long.

      Added to that is the question about how long cargo ships on the Mississippi will be blocked from accessing the Gulf of Mexico and the effect that has.

      Opinions are colored so often by hidden agendas (politics both governmental and corporate) such that I frankly do not have a clue.

      In any case, I hope you will have something to say in the next SMR even if it is only that no one can know the probable impact at this stage.
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