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DATA FROM RECONNAISSANCE AIRCRAFT INDICATE THAT RITA HAS REACHED
CATEGORY FIVE INTENSITY WITH ESTIMATED MAXIMUM SUSTAINED SURFACE
WINDS OF 165 MPH. THIS WILL BE REFLECTED IN THE 4 PM CDT ADVISORY.
Originally posted by Harry55
We are estimating landfall between Galveston and Corpus Christi sometime between 6 p.m. on Friday and 6 a.m. Saturday.
On a good note the Attorney General in Fla. has already issued fines for those taking advantage of consumers. Hope the other States follow suit.
Originally posted by Regenmacher
Oil Holding most of recent $4 gain,down a dollar,.
NYMEX price reflecting Rita problems already. I hope.
NEW YORK (AP) - Crude-oil prices rose more than $1 US a barrel Wednesday as traders braced for the possibility that hurricane Rita could smash into key oil facilities in Texas.
Light, sweet crude for November delivery rose $1.25 to $67.45 a barrel in afternoon trading on the New York Mercantile Exchange, after surging as high as $68.27 earlier Wednesday.
Heating oil jumped more than three cents to $2.045 a gallon, while gasoline surged nearly nine cents to $2.075 a gallon. Natural gas reached a new peak of $12.900 per 1,000 cubic feet before easing slightly to $12.85.
On London's International Petroleum Exchange, November Brent crude oil futures gained 97 cents to $65.17 a barrel.
Originally posted by Gazrok
Isn't 908 what Katrina was, as the lowest???
Originally posted by Souljah
I think that Oil Prices have Risen since Rita: