Dear Friends,
7 years ago, America suffered from Hurricane Katrina. Now we have Issac.
See this article:
http://www.marketwatch.com/story/oil-slips-as-storm-shutdowns-ease-demand-2012-08-28
Will there be a rise in the oil price or natural gas? The last time round natural gas price for Katrina shot up. Currently this round, there has not been such a sight yet. But today crude did go up 60 cents.
I feel that this time round, America is quite prepared. It would not be as bad as Katrina 7 years ago when Americans are caught unaware. So I think Crude oil this time would not shoot up terribly. But having said that, there might still be some opportunities.
Let us continue to watch the progress. Today CNBC keeps focusing on this hurricane... we keeping a lookout also.
Rgds
Daniel
www.danielloh.com
Apple 5G phone will be a revolution! How do you take advantage of this hype?
Dear Friends, It is a well known fact that US is trying to catch up with the 5G technology of China. That is the reason why US has viewed ...
