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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Elroy who wrote (339406)	6/4/2007 4:58:11 PM
From: Road Walker	Read Replies (3) \| Respond to of 1577098

this is pretty weird. Are you going to stock up on plywood, batteries and water? More likely is shipping disruption. Right now, Gonu is on a collision course with the Strait of Hormuz, a major chokepoint that transits some 17 million bpd of crude. Within the next few hours, the tankers and supertankers -- not to mention the massive container ships that often visit regional hubs in the United Arab Emirates -- that ply that route will be scurrying out of the storm's way. In the Gulf of Mexico, such storm-dodging is an annual ritual that is no major concern, but in the world's "Cradle of Oil," this is a completely new sport, and even a short disruption with minimal damage is sure to send the price of a barrel of crude sharply upward. Currently the "best guess" indicates Gonu will slowly lose force to be "only" Category 3 when it makes initial landfall in Oman, forecast for June 5 at 6 p.m. local time.