Emily shut in

Its very interesting to see commodity prices fall in the face of a hurricane.  Yes, the OPEC and IEA lowering of 2006 demand can be looked at as answer for the recent drop in oil prices.  Down 3% last week and another 1% today to $57.32/b.   

Three times the amount of oil production is expected to be shut-in by Emily as by Dennis. 

Why the different reaction?  Is Mexican oil different? 

Is it conspicuous evidence of role sentiment and psychology plays in commodity markets?