RE: Sabine To Shut Henry Hub For Gustav; Declares
Certainly sounds like this gives us a leg up no matter what Gustav does although it will be short-lived if the hub and / or production platforms don't sustain damage.
Gustav is predicted to be a Cat 4 as it comes into Louisiana... but could still be a Cat 5 which is where the real damage comes in I suspect.
Still holding my breath a little. Dying to see what tomorrow's Nymex trading does.
If we saw gas make it to $15 that would be a squeal of a deal... but somehow I'm not banking on it just yet.