Monday, September 01, 2008

Looming hurricane may deal a blow to Gulf oil - Sep. 1, 2008

Looming hurricane may deal a blow to Gulf oil - Sep. 1, 2008: "NEW YORK (CNNMoney.com) -- As officials evacuated New Orleans, the oil industry shut down rigs and pulled back personnel as Hurricane Gustav bore down on the Gulf coast over the Labor Day holiday weekend.

A lot is at stake as the industry faces potentially its worst storm since Hurricanes Katrina and Rita devastated crude and gas facilities in 2005."

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