I do agree the damages can be of neverseen levels , and maybe will have the $100 scenario sooner then many tought , at least me... I did sold product on the sell off last friday , unfortanely I did close all my positons , but first thing in the morning(uk) , if track and assements still the same , it will be to get in long on crude and heat oil , because not just the damage will create, for sure will be severe ,but also the momentum build up for the bulls, which is already so high , and please don't make any confusion, i believe there is no fundamental reasons for the prices levels , I think they are over exagerated and are starting to making enormous damage to the world economy but the it take a while to feed trough, plus the time will take to assess all the possible damage will leave the market full of fear=high prices...the market did not priced in a major disruption like this...anyway just my humble opinion , what do you think the prices are going to? what are the consequences ...maybe the opening of spr , once state of emergency benn declared ?  

... which means the graphic I did earlier (showing Green/Miss canyons, LOOP, Thunderhorse, Mad Dog, etc in the then-marked path of destruction) are now fully enveloped by either "widespread" or "severe" damage swaths...

Oh my.

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.

The current total for storm losses: 30B.

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...