[Man50D]

The Weather Channel just reported an eye appears to be reforming as shown by the satellite imagery.

[topher]

That is bad news... But the NHC was saying that Hurricane Ike was headed for cooler water (and does get shallow around Corpus Christi/Galveston/Port Arthur/Lake Charles [Louisiana]/Vermillion Bay [Louisiana].

So hopefully the shallow, cooler water will help keep this from becoming Cat 3 or perhaps Cat 4.

And, on a more serious note, there are a significant number of oil refineries and oil production facilities in the path of this storm...

Tomorrow morning -- if the price of oil goes up AND gasoline, it might mean the SMART MONEY on Wall Street believes this storm will do significant damage...