Katrina

Hurricane Katrina is coming ashore tomorrow at New Orleans, Louisiana. It's a category 5 storm, winds 175mph, storm surge of 25 feet, NO is being evacuated. Fox News has mentioned the potential devastation not only to people and property, but also to the some 800 oil rigs in the Gulf and whatever refineries are in southern Louisians and Alabama. Apparently 1/6th of our oil comes through this part of the country, so I would expect that, if there is significant damage as is expected, that gasoline prices will jump significantly and that the stock market may take a serious tumble.
UPDATE:I was wrong about the market. It was up on Monday.