Hurricane Ike hits Galveston and Houston

Posted By on September 13, 2008

Hurricane Ike comes ashoreAs I head to bed on Friday night, I watched Hurricane Ike come ashore as a very wide storm pushing a surge of up to 20+ feet into some areas of the Texas coast. Although my thoughts and prayers are with those who are affected directly, the rest of the U.S. will likely feel Ike’s impact through gasoline prices and some significant rain though the nation’s breadbasket. On Friday, the markets saw wholesale gasoline jump higher as crude oil actually continued to trade lower, sinking below the $100/barrel mark. (April 2, 2008 was the last time it was at that level)

Comments

Desultory - des-uhl-tawr-ee, -tohr-ee

  1. lacking in consistency, constancy, or visible order, disconnected; fitful: desultory conversation.
  2. digressing from or unconnected with the main subject; random: a desultory remark.