New Orleans is Sinking

Watching Fox News last night, I had to marvel at a group of people partying at one of the few bars still open in the French Quarter. I said to Sharon, “They’re not out of the woods yet”.

Looks like I was right.

New Orleans under water

UPDATE: As of 8:00PM CT, the pumps trying to keep up with the levee break on the 17th Street Canal have failed. Mayor Nagin has basically told everyone to get out of town because it’s going to be under nine feet of water within a few hours.

Word is that 95% of the Gulf’s oil refining capacity is lost. The 20-cent per gallon price increase we saw today in Saint Louis is nothing.

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