Tropical Storm Isaac Should Rival Hurricane Katrina

On August 24^th, we warned on Forbes that Tropical Storm Isaac could pose a threat to energy markets and even rival Hurricane Katrina in its destructive power (Could Tropical Storm Isaac Turn Into Another Katrina?).  While the computer models are still showing a substantial spread in solutions, it appears more likely that Isaac will make landfall somewhere near the Louisiana, Mississippi Gulf Coast.  This track will provide the storm more time to intensify over the very warm water of the Gulf of Mexico.

Read the rest here.