Hurricane Gustav, Energy Infrastructure, and Updated Damage Models — Thread #4

We now have Gustav as a Category 3. However, the Louisiana Offshore Oil Port or LOOP–where America uploads approximately 1.2 million barrels of imports each day–is directly in the hurricane path; noon models have reduced the damage forecast; however, and we cannot emphasize this enough, this can change quickly.

Here’s the noon update. Given the weaker forecast at landfall, things are not looking as dire. Bad, but not catastrophic. Still showing a near direct hit on the LOOP, but damage has come down, to weeks rather than months. CAUTION: Just because the storm is weakening, and therefore less forecast damage to the GoM infrastructure, doesn’t mean this storm can’t kill you. Stay safe, stay gone!

The Oil Drum