After the jolting early morning news that Hurricane Rita was heading directly toward Galveston Bay, the track models have been trending further eastward for most of the day. The current most likely projection is that the storm will make landfall east of Galveston Bay closer to Port Arthur and Beaumont and, if that happens, most of the Houston metro area would at least be spared a direct hit by the most damaging winds around the storm’s eyewall.
However, the key words here are “most likely,” which means that there is a very small percentage difference between the storm making landfall at one spot over another. Stated another way, the chance that the storm could come onshore directly on Galveston Bay is still very likely. The storm is reacting to the movement of three weather systems to its north, and it’s simply impossible at this point to determine with any reasonable degree of certainty where the storm will make landfall between Freeport, Tx to Lafayette, La. My sense is that it will not be until early Friday morning before the experts will really have a good handle on how the storm is finally going to react to the weather systems to its north and thus, where landfall will occur. Moreover, even that very good prediction can be as much as 30-50 miles off if the storm wobbles even slightly while coming onshore. Remember, Katrina wobbled east at almost the last minute and spared New Orleans a direct hit.
Thus, the bottom line is to remain vigilant in following this storm. It looks like the storm will be at least a strong category 3 when the it somes onshore, and a storm of that magnitude — even if it comes onshore well east of Galveston Bay — will cause very dangerous wind and rainfall in the entire Houston metro area.
Monthly Archives: September 2005
Thank goodness for the Onion
Hand it to the Onion to provide some levity during Houston’s preparations for Hurricane Rita:
WASHINGTON, DC—A bill introduced by Sen. George Allen (R-VA) as “just a goof” several weeks ago was signed into law by President Bush Tuesday.
“I was just trying to crack up Frist and some of the other guys,” Allen said. “Everyone’s been on edge lately, what with the Katrina situation, and I thought we could use a good laugh.”
Added Allen: “Looks like the joke’s on me. And, I suppose, the American citizens.”
S. 1718, also known as the Preservation Of Public Lands Of America Act, authorized a shift of $138 billion from the federal Medicare fund to a massive landscaping effort that, over the next five years, will transform Yellowstone National Park into a luxury private golf estate.
“I thought it was pretty damn funny when I read over the draft of the thing,” said Allen, who said he struggled to keep a straight face when he introduced the law. “Especially the part about how it would create over 10,000 caddy and drink-girl jobs. But I guess it went over people’s heads.”
The bill passed with a vote of 63-37.
Economic waves of Rita
With the eastern shift of the projected path of Hurricane Rita directly into the part of the Houston metro area that contains a huge number of some of the nation’s largest oil refineries and petrochemical facilities, Rita’s economic ripples have now turned into waves with the distinct possibility that they could turn into an economic tsunami.
It now appears almost certain that Rita will substantially disrupt operations at a significant number of the oil refineries that transform crude oil into gasoline, diesel and other products. The only question is how long those facilities will be down and how much gasoline prices will increase as a result of the shutdown. At least eight refineries in the Houston area will shut down soon as they began scaling back operations yesterday. Inasmuch as four refineries in Louisiana and Mississippi have been closed as a result of damage from Hurricane Katrina last month, almost 20% of U.S. refining capacity will shutdown with the closing of the Houston area facilities, which will only reduce already tight inventories of gasoline that have pushed prices to record levels. To make matters worse, the new projected path of the hurricane would also cause probable extensive damage to offshore oil and natural gas platforms and pipelines that were west of the ones that were damaged in Katrina’s path. I think it’s safe to say now that the U.S. energy industry has never had to deal with anything on the magnitude of the 2005 hurricane season.
Houston wakes to foreboding news
As you peruse the current projected path of Rita almost directly over Galveston Bay, contemplate Jeff Masters’ latest analysis of the situation:
The latest runs of two key computer models, the GFS and GFDL, now indicate that the trough of low pressure that was expected to pick up Rita and pull her rapidly northward through Texas will not be strong enough to do so. Instead, these models forecast that Rita will make landfall near Galveston, penetrate inland between 50 and 200 miles, then slowly drift southwestward for nearly two days, as a high pressure ridge will build in to her north. Finally, a second trough is forecast to lift Rita out of Texas on Tuesday. If this scenario develops, not only will the coast receive catastrophic damage from the storm surge, but interior Texas, including the Dallas/Fort Worth area, might see a deluge of 15 – 30 inches of rain. A huge portion of Texas would be a disaster area.
This scenario is similar to that of Tropical Storm Allison in 2001 that caused catastrophic flooding throughout the Houston metropolitan area. Moreover, with Allison, Houston did not have to deal with the catastrophic wind damage that is almost certain to result from Rita. Although the new projected path of Rita is not good news for Houston, the prediction that the storm might slow down at landfall and stall over Texas and Louisiana is even worse.
Buzzard’s luck
In the midst of pre-hurricane gasoline and bottled water shortages — and in anticipation of probable power outages resulting from Hurricane Rita — this report is not giving me warm and fuzzy feelings:
Facing huge costs for rebuilding its Hurricane Katrina-devastated systems along the Gulf Coast, utility giant Entergy said Tuesday that it will consider filing for bankruptcy protection for its New Orleans unit.
Entergy, whose Entergy New Orleans unit has lost up to an estimated 130,000 customers because of the hurricane, estimates the unit’s storm-related costs at $325 million to $475 million.
The company put its total estimated costs for repairing and replacing electric and gas facilities damaged by the Aug. 29 storm at $750 million to $1.1 billion.
Entergy is the utility company for a good part of the northern part of the Houston metro area, including The Woodlands.
More on the sad state of the airline industry
The Wall Street Journal’s ($) Holman Jenkins addresses the sad state of the airline industry in his Business World column today, and hammers home a point that this previous post made about the ownership stake in the reorganized United Airlines that the debtor-airline is proposing to foist on the federal government under United’s pending reorganization plan:
“Let’s not delude ourselves: Through the bankruptcy and pension insurance systems, Washington is already engaged in a bailout — an incoherent and self-defeating one.”
Read the entire piece, and feel free to peruse this long line of posts over the past couple of years on the sad state of the airline industry.
After the economic shakeout of the early and mid-1980’s — which included the demise of the savings and loan industry — the federal government ended up owning large inventories of foreclosed real estate and related assets in the wake of failed lending institutions. A number of entreprenuers bought those assets from the government for pennies on the dollar and deployed the assets in properly capitalized businesses. It’s beginning to look as if a similar market in government-owned airline securities is developing, and it will be interesting to watch if a government sale of those securities at rock-bottom prices will prompt the type of true reorganization from a capitalization standpoint that the American airline industry desperately needs.
Economic ripples of Rita
Crude-oil prices surged on Monday as it became clear that Tropical Storm Rita would threaten the Gulf Coast, then prices fell on Tuesday morning when the National Hurricane Center forecast a more southerly path for Rita that might spare the Houston area, and then yesterday afternoon and overnight, prices rose again as the storm evolved into a major hurricane.
Such are the vagaries of predicting hurricane tracks and commodity markets.
Oil prices settled Tuesday afternoon more than $1 a barrel lower than Monday’s closing price as early Tuesday projections had Rita coming in closer to Freeport so that the brunt of the storm would miss the Houston area refineries. Those initial reports triggered a drop of more than $2 a barrel in oil prices, but those prices recovered quickly during the day as Rita strengthened into a major hurricane and evacuations from offshore rigs picked up. At the New York Mercantile Exchange, the October crude contract ended $1.16 lower from its Monday high at $66.23. October gasoline closed at $1.9766 a gallon, down 6.61 cents for the day and October heating oil, up more than 20 cents Monday, ended at $2.0113, down 2.71 cents.
Handy hurricane information links
Given that those of us living in the Houston and south Texas area are in for a wild ride over the next few days, I am passing along the hurricane information sites that I am reviewing frequently for up-to-the-minute information and analysis:
Eric Berger’s SciGuy. Eric is the Chronicle’s science writer who started his blog recently as a part of the weblog initiative that Chronicle tech writer Dwight Silverman promoted at the local newspaper. During Hurricane Katrina, Eric provided an extraordinary source of information and analysis, and he has been doing the same in the early stages of Rita.
StormTrack. A weblog that a couple of young fellows from the northeast started to provide up-to-date analysis of hurricane storm trends. Excellent resource.
Dr. Jeff Masters’ WunderBlog. Jeff Masters is the Weather Underground’s Director of Meteorology and provides first-rate analysis in his blog.
The Google Map link to the upper Texas Gulf Coast.
This site provides a good overview of hurricane information, including this pithy chart explaining the categories of hurricane strength.
And, of course, the National Hurricane Center site.
As all grizzled veterans of Hurricane Alicia in 1983 know (related Chronicle story is here), this is a serious situation for the Texas Gulf coast and it is time to prepare to batten down the hatches. If you are a relative newcomer to this area and have never been through an intense hurricane before, do not fall into the trap of thinking that the media and others are crying “wolf.” This is a deadly serious storm that has the potential to be every bit as devastating to the Texas Gulf coast as Katrina was to the Louisiana-Mississippi-Alabama Gulf coast. As destructive as Alicia was in 1983 (it’s eye came in on Galveston’s West Beach and tore through the middle of Houston on a track that essentially followed I-45), it was a minimal category 3 storm. In comparison, Rita is shaping up to be a much more powerful storm that is comparable to Hurricane Carla, which was a category 4 (winds of 133-155 mph) storm that caused incredible damage to Houston and the upper Texas Gulf coast on September 11, 1961. Carla had the same minimum barometric pressure as the great 1900 storm that killed over 6,000 people in Galveston.
I hope I have gotten your attention.
Coach Price turns up the heat on Sports Illustrated
This prior post related the interesting story of former University of Alabama football coach and current University of Texas at El Paso football coach Mike Price‘s $20 million libel lawsuit against Time Inc. The lawsuit involves an allegedly false and malicious story that Time’s Sports Illustrated magazine ran in May, 2003 involving a very wild night that Coach Price had in Pensacola, Florida while attending a University of Alabama football-related golf tournament. That night of festive activity led to Coach Price’s termination as the Alabama football coach before he had ever coached a game for the Crimson Tide.
Well, the Price v. Time case is getting very interesting, as this recent AL.com story relates. An appellate panel of the Eleventh Circuit Court of Appeals has advised Time’s attorney in this decision that the attorney-client privilege does not obviate the attorney’s parallel obligation as an officer of the trial court to advise the court of perjury that would help identify a confidential source. The attorney stuck between a rock and a hard place is Gary C. Huckaby of Huntsville, Ala., who represents Time in the Price lawsuit.
The Texans’ next firing?
This Wall Street Journal ($) article profiles Dr. Fran Pirozzolo, The Woodlands-based sports psychologist who has developed a successful practice by catering to a couple of dozen professional athletes who seek him out for “stress inoculation” and other “mental toughness” techniques that supposedly enhance performance. I have listened to Dr. Pirozzolo several times on local sports-talk radio shows and, for the life of me, cannot understand how he is able to persuade professional athletes to pay him money for the psycho-babble that he exudes on those shows. However, as the article notes, Dr. Pizzorolo is also the “staff psychologist” of the Houston Texans, who are not exactly the most well-adjusted and emotionally stable group at this time. If offensive coordinator Chris Palmer lost his job after these two performances (here and here), then how on earth has Dr. Fran not also been canned?