Well, despite all the hoopla put forth by our religiously-minded 
national leaders here in the US, I am have been shocked to find NO 
support for my campaign to replace
evolution with the oldest documented evidence of Intelligent Design.  
Hinduism is easily 7000 years old, and clearly the most likely candidate 
in terms of a continuing body of knowledge, and successful propagation.  
NONE of the educators will even give the time of day - not even in 
Kansas.  I'm beginning to believe that when they say Intelligent Design 
they mean only THEIR notion - an old man with a white beard who created 
the world is 6 days and then rested.  Frankly I'm puzzled.

The Vedas (generally regarded as the earliest piece of written Hindu 
work) are the spiritual laws binding upon all of creation and even upon 
God. It is believed that each veda was written by multiple enlightened 
beings (Hindus) over a long period of time.

Oil Breaches $70 as Hurricane Shuts Gulf of Mexico Production
 ListenListen <javascript:audioPlayer(%22A=41642397&clipName=Oil 
Breaches $70 as Hurricane Shuts Gulf of Mexico Production %22)>

Aug. 29 (Bloomberg) -- Crude oil rose, at one point reaching a record 
$70.80 a barrel in New York, after Hurricane Katrina forced companies to 
evacuate platforms in the Gulf of Mexico, where 30 percent of U.S. oil 
is produced.

Oil jumped as much as $4.67, or 7.1 percent, the biggest increase in 29 
months. Natural gas, heating oil and gasoline climbed to all-time highs 
as well.

Investors are concerned Katrina, the fiercest storm to strike the U.S. 
Gulf coast since 1969, will rupture pipelines, rip rigs from their 
moorings and disrupt production for weeks. Hurricane Ivan last September 
cut the region's oil output by as much as 80 percent.

``There is a long list of production and refineries out because of the 
hurricane,'' said Tom Bentz, an oil broker at BNP Paribas Commodity 
Futures Inc. in New York. ``The course is similar to what we saw with 
Ivan last year, which hit production for a long time.''

Crude oil for October delivery rose $1.12, or 1.7 percent, to $67.25 a 
barrel at the 2:30 p.m. close of floor trading on the New York 
Mercantile Exchange. Prices peaked within 1 minute of the opening of 
electronic trading. Futures are 56 percent higher than a year ago.

Natural Gas

Nymex declared force majeure on deliveries of natural gas sold under the 
August futures contract after Katrina forced the Henry Hub in Louisiana 
to shut. Force majeure allows producers to avoid penalties for failing 
to deliver supplies because of unforeseen events. Futures contracts 
settled on the exchange are delivered to the Henry Hub.

Natural gas for September delivery jumped $1.458, or 15 percent, to 
$11.25 per million British thermal units in New York. Futures touched 
$12.07, the highest since trading began in 1990. Prices have more than 
doubled in the past year.

``Natural gas is the real worry,'' said Bill O'Grady, assistant director 
of market analysis at A.G. Edwards & Sons in St. Louis. ``Unfortunately 
we can't import the missing production. This is largely a domestic 

Katrina had sustained winds near 125 miles per hour (201 kph), the 
National Hurricane Center said at 10 a.m. local time. The hurricane's 
center was about 35 miles (56 kilometers) east of New Orleans. Katrina 
was moving north at about 16 mph, the Miami-based center said.

Strategic Reserve

The U.S. filled its Strategic Petroleum Reserve, the nation's emergency 
stockpile of crude oil, to the 700 million- barrel level ordered by 
President George W. Bush after the Sept. 11 terrorist attacks. The 
Energy Department loaned some oil to refiners whose supply was disrupted 
by Ivan.

Bush is considering tapping the reserve to help oil producers hobbled by 
Katrina, his spokesman Scott McClellan said. No decisions have been 
made, though loaning oil from the reserve is an option, he said.

``The Department of Energy is monitoring the situation. They will make 
assessments as they are able to do so and that's really where it stands 
right now,'' McClellan told reporters today aboard Air Force One as the 
president traveled to Arizona.

U.S. crude-oil supplies jumped 1.9 million barrels in the week ended 
Aug. 19, the fourth-straight increase, to 322.9 million, according to an 
Energy Department report on Aug. 24. Stockpiles are more than 10 percent 
higher than a year ago.

``The biggest impact may be damage to the port facilities south of New 
Orleans,'' said Adam Sieminski, chief energy economist at Deutsche Bank 
AG in New York. ``We have no way of knowing now how badly they are 

Louisiana Oil Port

The Louisiana Offshore Oil Port, the biggest U.S. oil import terminal, 
stopped unloading tankers on Aug. 28. The port is 20 miles off the coast 
and handles about 1 million barrels of crude oil a day, or 11 percent of 
U.S. imports. LOOP stopped making pipeline shipments to refineries from 
its onshore facilities yesterday.

Port Fourchon, about 50 miles south of New Orleans, is the hub for 
three-quarters of support services to the Gulf's deepwater oil and gas 
facilities and is the land base for the offshore oil port.

``It's pretty early to have a good idea of what damage there is in the 
region,'' said Mark Vitner, senior economist at Wachovia Corp. in 
Charlotte, North Carolina. ``It is the damage to the energy 
infrastructure that is important to the national economy.''

Prices rose in 1974 after an oil embargo that followed the Arab-Israeli 
war and from 1979 through 1981 after Iran cut oil exports. The average 
cost of oil used by U.S. refiners was $35.24 a barrel in 1981, according 
to the Energy Department, or $75.44 in today's dollars.

Fuel Production

U.S. supplies of refined products, including gasoline, heating oil and 
diesel, may also decline as refineries near the path of the storm shut.

Katrina forced the shutdown of at least eight oil refineries near the 
Gulf in Louisiana and Mississippi. The plants have a combined crude-oil 
processing capacity of about 1.79 million barrels a day, or 10.5 percent 
of total U.S. capacity.

Gasoline for September delivery jumped 12.81 cents, or 6.7 percent, to 
$2.055 a gallon in New York. Futures touched $2.1606, the highest since 
trading began in 1984. Prices are 75 percent higher than a year ago.

Regular-grade gasoline, averaged nationwide, rose 0.2 cent to $2.603 a 
gallon on Aug. 26, according to data released today by the AAA, formerly 
the American Automobile Association. Prices averaged a record $2.614 a 
gallon on Aug. 19. Pump prices are 39 percent higher than a year ago.

Consumer Changes

``High gasoline prices gradually eat away at income,'' Vitner said. 
``The effect isn't felt all at once. We have seen consumers change their 
behavior in recent months and there should be further changes if prices 
stay at these levels.''

Heating oil for September delivery climbed 7.64 cents, or 4.2 percent, 
to $1.913 a gallon. Futures surged to $2.0137, the highest in 27 years 
of trading on the exchange. Heating oil is 67 percent higher than a year 

The profit margin for turning a barrel of crude oil into heating oil and 
gasoline is $14.79, based on futures prices in New York. That is up 24 
percent from Aug. 26 and more than double a year ago.

``We won't know the full extent of the damage for weeks,'' said Marshall 
Steeves, an oil analyst at Refco Inc. in New York. ``A lot of the damage 
that occurred when Hurricane Ivan came through last year was underwater, 
which was difficult to survey and then repair.''

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