Image via Wikipedia USO - the ETF playing the Oil markets - has just broken even for the day after being up all day due to concerns about hurricane Gustav in the gulf. Is Sarah Palin raining on the oil market bull’s parade? A category 3 hurricane is having much less of an effect on the bullish pricing of energy with the buffer of a vice presidential candidate that understands the need to drill for oil - regardless of whether the oil is available today or in ten years. You gotta start sometime!

Hopefully Gustav will spare New Orleans or any other populated areas of the coast, but I fear we will see some amount of devistation.

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