Good Morning
Waiting for Rita, reconnissiance aircraft is there now to see if its a hurricane. Market impact will continue as it heads across the gulf.

A little corporate news this morning for Markwest as its buying assets from Kerr McGee, El Paso and Valero. Stock has been soft lately. Maybe this was why. Also last night after the close ONEOK agreed to sell its oil and gas assets. This may have implications for Northern Border Partners...Otherwise headlines are few and far between.

Waiting for the fed today to make its move. I'm pretty confused here about the outcome. But why not put a guess out there...raise 25 basis points but change the statement to carefully state that there are pressures developing that they will monitor carefully and respond with appropriate action if needed. (basically they will say nothing and take many words to say it!)

Hope you guys are checking through the peak oil web ring...lots of interesting info. See links at the bottom of the page.