oil had a measurable impact on prices paid before the storm (Hurricane Katrina). Given the fact that we are now seeing energy supply interruptions the prices paid index will almost certainly be back above 70 next month, and it's very likely the headline index will fall further on weakness in both production and orders.

Chris Low

Fact Given Hurricane Impact Measurable Oil Paid Prices Storm

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He does not want a rapid break in bond prices to snuff out the jobs recovery before it has a chance to catch hold.

It would make sense that we'd start to see prices fall now that the storm has had less impact than was feared.

The trade deficit widened to a record in September, as expected. But it wasn't the oil story we were all looking for. Instead, it boils down to Boeing and Airbus, with the European firm holding the cards this time around,

DeficitExpectedOil

The trade deficit widened to a record in September, as expected. But it wasn't the oil story we were all looking for. Instead, it boils down to Boeing and Airbus, with the European firm holding the cards this time around.

DeficitExpectedOil

The impact on prices is really dependent on the track of the storm and how it affects production platforms and gathering lines in the Gulf. If the impacts are anything like Hurricane Ivan last year, then prices will clearly spike up.

— Frank Verrastro

AffectsDependentImpact