I am very troubled at the president urging use to conserve. That's like the president urging letting the tax cuts for the rich expire to pay for the hurricane reconstruction. Both are logical responses to pressing issues, ideas that you would want a president to say, but in a weird way it worries me to have this president say it. (and I'll shit if I hear the tax cut expiration idea come out of his mouth.)
Damage done to many oil platforms and to natural gas sites from Rita and Katrina, but the price of oil is going lower on nymex.
The fed starts to change it's tune.
I have a feeling that something big is happening.
I am not the only one. Peaknik, Kunstler (as always), Sustenance (starting more indepth survival skills), and a new blog oilstories I found today are worried as well.