Wow.

From Wolcott:

"It is certainly an event of great significance. The effects of damage to our oil and gas infrastructure in the Gulf of Mexico is already being felt in rocketing gasoline prices and a burgeoning supply crisis, especially in the southeast. The home heating situation is becoming a crisis before householders even turn their furnaces on. Half the houses in America are heated with natural gas, which is now clocking in at $12 a unit (1000 cubic feet). It was $3 a unit in 2003. It could go to $16. Connect the dots.

Going on to even scarier ground:

"Bottom line: my assessment is that New Orleans is never going to be rebuilt and that US domestic oil production will never again reach pre-Katrina levels. The infrastructure is gone, the people are gone, and the US economy will be on life support very, very quickly. If people are griping at $5.00 gasoline what will they do when it’s $8.00? $10.00? Start shooting (the wrong people)? How difficult is it to rebuild in that kind of social climate? And if US oil production does not soon exceed pre-Katrina levels then the US economy is doomed anyway. It’s a catch-up game now. I think it’s quite likely that the Bush administration is responding so ineptly in part because it is in a complete crisis mode realizing that the entire United States is on the brink of collapse and there’s very little they can do about it. The Bush administration doesn’t know how to build things up, only blow them up. They aren’t worrying about New Orleans because they’re frantically triaging the rest of the nation and deciding what can be saved elsewhere."

While I read this, in the back of my mind runs the coming bird flu pandemic. It's time to invest in shotguns and canned goods.