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To: whitepine who wrote (47565)8/28/2005 5:14:26 AM
From: energyplay  Respond to of 206223
 
Possible damage estimates for katrina strike on New Orleans -

from Weather Underground -

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Insurers estimate that Katrina already did about $1 to $4 billion in damage (total damage is roughly double insured damage). This is a shocking number for a Category 1 hurricane, and bodes ill for the residents of New Orleans and the U.S. insurance industry if Katrina makes a direct hit on New Orleans as a Category 4 storm, which would likely cost $100 billion. But, New Orleans' amazing run of luck could well continue at the expense of Mississippi or Alabama or Florida. Like Camille in 1969, Katrina may come ashore far enough east of New Orleans to largely spare it.

Dr. Jeff Masters

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To: whitepine who wrote (47565)8/28/2005 5:18:44 AM
From: energyplay  Read Replies (2) | Respond to of 206223
 
Hmm, you might be right - I will game your forecast by saying maximum price will be $ 9.99, since most pumps only have 3 digits...

Refinerys tend to be tough, since the heat, pressure, and corrosion inside the pipes is much worse than anything outside the pipes in the atmossphere. So I expect they will get back online quickly, in about 15-35 days.