Super? Hurricane Gustav Vs. Gulf Oil Production
UPDATE: (Yahoo) Oil jumps to $117 amid Gustav concerns.
ORIGINAL POST: It's the question on investors' minds: Will Hurricane Gustav affect oil production in the Gulf?
Here's where you can get updates:
1. Watch Bloomberg and Fox Business on-air, where AccuWeather hurricane specialists will be interviewed periodically.
2. Visit the AccuWeather.com Hurricane Center & Interactive Google Hurricane Tracker,* which contains the latest forecast from AccuWeather.com as well as the government forecast, and Computer Forecast Models.
3. Visit oil production storm centers for Press Releases, such as The Gulf Minerals Management Service, Shell, Marathon, Exxon Mobil, and British Petroleum.
4. Check the price of Crude Oil on Yahoo and see graphs.
Certainly the storm has a potential to be very strong, possibly Category 5 as we say in a press release. (in which we also point out that Gustav would be the first major (Cat 3+) 'cane in the Gulf since Wilma in 2005. The latest models from the GIS Pro Business Site infer a Cat 4 storm by Sunday:
