# New Orleans

1. Aug 29, 2005

### NeedBioInfo

Hey, my aunt brought stocks in oil before the New Orleans incident

How much will the New Orleans incident raise those stocks, if any?

Thanks

She didn't invest in NEW ORLEANS oil, just other oil

I'm not sure where else I could find this info..
thanks

8. Sep 1, 2005

### EnumaElish

Hasn't the govt. announced that they are opening up the U.S. reserves of oil to ease up the expected market pressure in the aftermath of Katrina? I thought I read it somewhere.

Of course, that's not a long-term solution: the used-up portion of the reserves will have to be replaced at some point.