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20 comments on An Evening Note on Katrina

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Glenn on August 28, 2005 - 6:51pm Permalink | Subthread | Comments top
I'm watching CNN headline news hoping they drop some tidbit about what the government reaction is to Oil soaring over $70/barrel tonight.

Instead the headlines seem to suggest that oil prices may ease now that the summer driving season is ending and OPEC has made some vague statement about encouraging more production. This is nuts. Is anyone awake at the wheel? Or is this just Sunday night auto-pilot loop?

People are not going to know what hits them tomorrow.

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Yankee on August 28, 2005 - 7:18pm Permalink | Subthread | Parent | Comments top
Apparently CNN is going to talk about gas prices sometime soon. Stay tuned.
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Glenn on August 28, 2005 - 7:27pm Permalink | Subthread | Parent | Comments top
Ok, I'll keep watching. The morning news should be pretty interesting as gas prices may go above $3.00 in some places. I'm flipping between Bloomberg and CNN. Bloomberg coverage is better but not really sounding an alarm bell at all.
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Yankee on August 28, 2005 - 7:45pm Permalink | Subthread | Parent | Comments top
Well, Aaron Brown on CNN just reported $70+ at the open of the markets tomorrow. But no mention of what consequences will be.
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Glenn on August 28, 2005 - 7:50pm Permalink | Subthread | Parent | Comments top
Bloomberg News is talking about the impact of oil prices on Asia. Could have severe economic impacts on growth...

Saw the CNN main channel now and they are talking about oil now.

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20 comments on An Evening Note on Katrina

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