42 comments on Hurricane Katrina Update: The Event that Introduces Peak Oil to a Nation
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42 comments on Hurricane Katrina Update: The Event that Introduces Peak Oil to a Nation
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http://hurricane.methaz.org/hurapak/AAL122005_gomex_oil.html
Projected 91% disruption of oil production if the weather models are correct, 68% for 10-30 days, 24% for over 30 days.
Wow. We're still 36 hours from landfall, but that is a daunting prospect.
Clearly if the track holds up as the models are increasingly agreeing on, there is certainly going to be at least the short term impact as reality; I wonder how early the first offshore damage assessments will be known... Tuesday / Wednesday? Next week is going to be terrifically volatile while the post storm impact is assessed.
Beyond production facilities I wonder how much refinery capacity is at risk.
http://hurricane.methaz.org/hurapak/AAL122005_staterep.html
To put that in context, if accurate, its the most expensive hurricane in history. I think this just tells us it could be big, really big, but also not to wig out until more info is available...