South Parse: Ike updates

Market News

Gas Investing News reports Hurricane Ike was quite mild on the energy companies. Natural gas, however, did not fully escape. Some 11.3 billion cubic feet per day of processing capacity remains shut according to Forbes. Additionally, some gas rigs and plants are almost certainly damaged. (Let us hope that none of them are insured with AIG.) For …

Gas Investing News reports Hurricane Ike was quite mild on the energy companies.

Natural gas, however, did not fully escape. Some 11.3 billion cubic feet per day of processing capacity remains shut according to Forbes. Additionally, some gas rigs and plants are almost certainly damaged. (Let us hope that none of them are insured with AIG.)

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