Less than 20 miles southeast of Port Fourchon is the Louisiana Offshore Oil Port (LOOP), built by a group of major oil and pipeline companies. It serves as the central unloading and distribution port for all incoming supertankers to the Gulf region. The supertankers offload crude oil into LOOPs offshore pipeline continuously. The oil is then piped north to Lafourche Parish where it is stored and piped to markets all over the country.
Talk about Homeland Security -- This is almost directly south of New Orleans. Apparently, the oil companies have provided no redundancy in this critical infrastructure.
You might be interested in this:
US Gulf of Mexico Oil and Gas Production Impact Estimate for AAL122005 (Katrina)
Doesn't look good for gas prices in the near future.