After Hurricane Katrina swept through the Texas oil refining area, it can be regarded as a "success", and the follow-up movements are no longer deliberately controlled by Qi Zheng.

Hurricane Katrina then headed northeast, and although it was not blessed by the Spirit Circle, Hurricane Katrina was not very strong after that, but it was large in size and had a wide range of effects, bringing violent storms everywhere it went.

In the end, as fate would have it, Hurricane Katrina still entered Ohio, transformed into an extratropical cyclone, and soon after, completely "disappeared".

After the National Oceanic and Atmospheric Administration's Center for Hydrometeorological Forecasting last reported the remnants of Hurricane Katrina, the nation breathed a sigh of relief.

Hurricane Katrina's "double blow" is so irritable, and no hurricane has ever brought such an unforgettable memory to the United States as Katrina.

But the hurricane is gone, and it also leaves a huge mess.

The economic damage caused by Hurricane Katrina is difficult to estimate.

What a tragic word?

Hurricane Katrina's "first blow" caused varying degrees of damage to 30 oil rigs near Louisiana in the Gulf of Mexico and the closure of nine refineries;

The "second blow" destroyed 20 oil rigs and destroyed 10 oil refineries near Texas, and the most optimistic estimate is that U.S. oil production will be reduced by 300 million barrels for at least six months after Katrina's landfall, equivalent to three-fifths of the annual oil production in the U.S. Gulf of Mexico.

At the same time, Hurricane Katrina was not limited to strong winds and flooding, but also caused at least two dozen oil spills, far more than some of the worst oil spills in U.S. history.

Louisiana alone has reported at least six major oil spills with more than 6 million gallons, and the waters off Texas have been even more severe, with more than 9 million gallons spilled. Look.Mao.Line.Chinese.Text.Net

In total, about 15 million gallons of oil flowed into the coastal waterways of Mekgo Bay – an economic and environmental tragedy.

Hurricane Katrina also caused the displacement of more than a million people in the Central Gulf region. And in the hardest-hit city of New Orleans, few people even want to go back to live.

There are others such as persistent flooding, accumulation of dirt, domestic and industrial chemical contaminants, and animal carcasses...... There are too many questions.

In some cities, even 90 percent of the buildings were destroyed, and the U.S. government was so anxious that the U.S. president publicly stated that it would take years or even a decade to fully recover to pre-disaster levels.

The U.S. government has allocated more than $120 billion for disaster recovery and reconstruction. This reconstruction fund does not include the economic damage caused by the disruption of oil supplies, the loss of infrastructure such as highways in the Gulf of Mexico, and the impact of the stagnation of export commodities such as cereals.

The overall economic damage caused by Hurricane Katrina could be as high as $500 billion, more than double the previous history, and it is the most devastating hurricane in U.S. history.

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In fact, the National Atmospheric and Oceanic Administration's forecast of this hurricane was relatively successful, and even the mutated Hurricane Katrina issued an early warning signal in advance, but in the end it still caused catastrophic results. To a certain extent, this reflects the problems in the United States' emergency response system and its lack of preparedness for disasters.

In the face of unprecedented losses, the American people have questioned and criticized the government, while the federal and state governments have passed the buck to each other.

Qi Zhengcai didn't have time to take care of the "big drama" in the United States - if Hurricane Katrina was a hellish existence for the United States, for Jiagu, it was simply an angel of heaven sending warmth.

Returning to the crude oil futures invested by the Assassin Fund, it is simply a lot of money.

Hurricane Katrina struck the U.S. on both occasions "coincidentally" through important U.S. refining and mining facilities, and could not be fully recovered even in the following six months.

At this time, the United States, as the world's top consumer of crude oil, still maintained the transportation mode of oil from the south to the north, while the Gulf of Mexico was seriously affected by the hurricane.

The International Energy Agency (IEA) is still releasing strategic oil reserves to ease the tight supply in the market, but the "care" of the U.S. domestic strategic reserve oil export facilities has been "taken care of" by the hurricane and cannot play a role in stabilizing the market for the time being.

As a result, the market's concerns about the supply of crude oil have been amplified, resulting in extremely strong performance in both crude oil prices and gasoline prices.

Crude oil prices on the New York Stock Exchange (NYSE) could not contain their upward trend when Hurricane Katrina returned to the United States, and when the news of a head-on attack on an important Texas refining area sent the price soaring above $75.

Qi Zheng stretched and announced the end of the most intense phase.

Oil prices are now oscillating between $75 and $76, and soon they will break through to $78 with the release of data on the economic damage caused by the hurricane, and then, with the announcement of huge sums of money from the U.S. government for reconstruction, oil prices will fall slightly, but will eventually stabilize at higher levels.

Traders at the Assassin Fund, in accordance with the established strategy, operated in an orderly manner to close long positions of nearly 50 million barrels of crude oil that had been purchased before Hurricane Katrina hit the United States for the second time.

The trading of bulk futures and retail stocks are two different concepts, and the amount of the former is so huge that if the hard state suddenly smashes it stupidly, the weakness of the plate may smash the profit into a loss. Even if the plate is hard, it will fall for a short time, and 50 million barrels of crude oil, with a tremor of 10 cents, will shake off $5 million - more than the salary of all the traders in the fund. Therefore, it is necessary to avoid tremors as much as possible through technical procedures.

In fact, if it weren't for the big hurricane hitting the market, it would be good for the futures market to guess the direction of 10 cents correctly - doing futures and opening casinos are the same principle, and you can earn a probability of 1 in 1,000.

But once you bet right, it's really easy to make money.

Su Fang secretly calculated, and said with a smile: "When Katrina landed for the first time, we made nearly 200 million US dollars; later, when the U.S. government released strategic reserve oil, we made a lot of money; now, Katrina landed for the second time, and we made another one!"

"When the U.S. government put in the strategic reserve to suppress oil prices, it was more than 30 million barrels, and we made more than 100 million, and before Katrina made the second landing, we covered the position to 50 million barrels at an average price of $665, and now the price of crude oil fluctuates around $78, and we can make nearly $600 million. ”

"$900 million!" This time, Jiang Ping couldn't be calm.

To say that 900 million US dollars alone is really not an astronomical amount on Wall Street, but if it is in just half a month, less than 300 million US dollars have been invested, and 900 million yuan has been netted, which is quite amazing.

Of course, during this period of time, the crude oil futures market was also very volatile - first the hurricane caused the price of crude oil to rise, then the United States bailed out the market to suppress oil prices, and finally no one expected the hurricane to kill the horse, and the price of crude oil soared again......

And what he admired the most was that with such twists and turns, Qi Zheng was able to step on the point steadily, and steadily grabbed the fattest piece of meat.

If all goes according to plan, the Assassin Fund's total cash will exceed $1 billion, with total assets exceeding $1.2 billion.

It can be said that in this wave of crude oil futures market turmoil, few speculators can exit the market unscathed. And the $900 million profit of the Assassin Fund, which was cheapened, will eventually be passed on to American consumers.

But no matter how the Americans suffered, in short, Jiagu's wallet bulged again.

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