Gustav May Hit Gulf Platforms Harder Than Katrina

Aug. 31 (Bloomberg) — Hurricane Gustav threatens to hurt U.S. oil and natural-gas production and refining more severely than hurricanes Katrina and Rita did three years ago.Gustav, downgraded to a Category 3 storm by the National Hurricane Center in Miami this morning, may strengthen to Category 4 later today and will make landfall as a [...] continue reading world news