Red-Hot Resources

"Luck is not chance, it’s toil; fortune’s expensive smile is earned.”

Friday, September 14, 2007

More News on Tropical Depression 8

UPDATE: Tropical Depression 8 is now Tropical Storm Ingrid.

Earlier, I had posted how recent Satellite loops of TD 8 showed that wind shear has picked up, preventing TD 8 from building strength. Apparently, it strengthened into a Tropical Storm anyway.
By late Saturday, the storm should encounter wind shear from westerly winds. Will it be enough to tear the storm apart? I don't know. I hope so.

From an investment point of view, if Ingrid falls apart, that could send oil prices/stocks sliding lower. But I'd rather have that than my house hammered by a hurricane (again).

Update: Humberto The 'Instant Hurricane' Was Fastest-Growing Storm On Record

HIGH ISLAND, Texas — Call it the instant hurricane. Humberto, which grew faster than any storm on record from tropical depression to full-scale hurricane landfall, surprised the Texas-Louisiana coast early Thursday with 85-mph winds and heavy rain that knocked out power to more than 100,000 and left at least one person dead. Meteorologists were at a loss to explain the rapid, 16-hour genesis of the first hurricane to hit the U.S. since 2005.

Labels:

Check out my new gold and energy blog at MoneyAndMarkets.com