Check this out for what happended to "ThunderHorse" platform last July
Resource Investor - Blog - BP's Thunderhorse platform still listing precariously - pictures
Will there be others after Katrina?
As Katrina moves ashore, potential massive effects on the Energy Markets
Dan Yergin was on CNBC this AM
Stated that the offshore Louisana (and I would expect in the bayou's) constitute up to 35% of US Production.
"This takes away all of the 'spare capacity' in the World Oil Market"
It will take time to survey the damage.
Drill rigs/production platforms
Refineries
Pipelines (many were damaged by Hurricane Ivan - undersea mudslides)
Potential impact on agricultural markets (much of the export business passes through New Orleans)
For tracking storms :
HurricanCity Closeup(s)
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