il dips on profit taking as hurricane-linked risk premium eases

The News Review:

- il dips on profit taking as hurricane-linked risk premium eases
- AMERICAS: VICIUS STRM SEASN MAY FLLW HURRICANE DEAN.
- Joe Lieberman Betrays Hurricane Katrina Victims
- PEAK PRESSURE THE BERMUDA HIGH that kept Hurricane Dean away from…
- Estimate of hurricane damage to hospitals expected today

il dips on profit taking as hurricane-linked risk premium eases
Forbes – Aug 27, 2007
‘The addition or subtraction of storm premium will provide significant feature during the coming days’ said Jim Ritterbusch head of Ritterbusch & Associates. ‘Weekend updates suggest a lack of any major tropical storm developments in the distant Atlantic or Caribbean. As a consequence a further reduction in the hurricane price premium is likely. 47 pm London’s benchmark Brent crude contracts for ctober delivery were down 45 cents at 70. Meanwhile New York crude contracts for ctober delivery were down 31 cents at 70… 26 usd per barrel in WTI futures and 69 cents in Brent — over the Friday session has inspired some profit-taking this morning analysts said. Fears that gasoline supply could remain tight are continuing to support the energy complex. But with the premium attached to the hurricane risk easing on a dearth of fresh news and as Mexican supply disrupted by Hurricane Dean last week coming back on line prices were pressured lower. Dean the first hurricane of the season bypassed key oil refining installations in the US Gulf of Mexico but battered Mexico’s main oil-producing region in the Bay of Campeche. More than 18000 workers were evacuated from Mexican installations ahead of the storm though they were expected to have returned to work by Friday. il prices rose on fears production outages could be substantial. But Mexico’s state oil company Petrolos Mexicanos said over the weekend that it has restored four-fifths of its crude output from Campeche Sound and have reopened two of its three main oil exporting ports analysts said.

AMERICAS: VICIUS STRM SEASN MAY FLLW HURRICANE DEAN.
Free with registration – Interpress Service – AccessMyLibrary.com – Aug 27, 2007
“In addition to Dean the Caribbean region can expect two or three more major storms” Bell said. Major hurricanes are defined as Category Three or higher meaning winds of at least 178 kilometers per hour with storm surges ranging from 3 meters to 10 meters. The Atlantic hurricane season runs from June 1 to Nov. The National ceanic and Atmospheric.

Joe Lieberman Betrays Hurricane Katrina Victims
AlterNet – Aug 27, 2007
Joseph Lieberman said on Tuesday. The White House denies the allegations. Lieberman went so far as to suggest that the Department of Homeland Security is trying to kill the investigation. “My staff believes that DHS has engaged in a conscious strategy of slow-walking our investigation in the hope that we would run out of time to follow the investigation’s natural progression to where it leads” Lieberman said. “At this point I cannot disagree. “The Connecticut senator who is the ranking Democrat on the Senate Homeland Security and Governmental Affairs Committee further said no real reason is being given for the administration’s reticence.

PEAK PRESSURE THE BERMUDA HIGH that kept Hurricane Dean away from…
Free with registration – Sarasota Herald-Tribune – AccessMyLibrary.com – Aug 27, 2007
and Europe and directing hurricanes around its periphery. But starting in a few weeks the high will likely drift south or east weakening and creating an opening for storms to tunnel north into the Gulf and Florida. It happens so often that historically the peak of Florida’s hurricane season is.

Estimate of hurricane damage to hospitals expected today
Jamaica bserver – Aug 27, 2007
She added that 258 of the 304 health centres across the island were operational. The others she said still needed to get back electricity and water supplies. Most hospitals islandwide were forced to scale back services in preparation for the passage of Hurricane Dean which passed south of the island two Sundays ago but still left a trail of damage. Some hospitals discharged some patients cancelled out-patient clinics and elective surgeries and were accepting only emergency cases before the hurricane struck. Meanwhile Dr DuCasse said the ministry continued to conduct environmental assessments to ensure that persons were not exposed to diseases that could arise as a result of the pile-up of debris and the accumulation of stagnant water following the passage of the hurricane. “We continue our environmental health assessment and we have started our vector control programme islandwide and we are working in the most affected areas first” she explained. “Portland Cottage has had fogging.

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