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Prognoses - USA - Gulf oil sector makes scant headway
Shattered infrastructure spells lengthy recovery
SAN FRANCISCO,CAL,USA -Market Watch, by Jim Jelter -Sept. 1, 2005: -- Four days after Hurricane Katrina tore through the heart of the Gulf Coast oil industry, most of the region's refineries remain shut and its offshore platforms unmanned, raising fears of fuel shortages and keeping energy prices at record levels... Shockwaves from the outages are rattling commodities markets, manufacturers, airlines and consumers, with many motorists facing $3-a-gallon gasoline for the first time...
posted by Unknown @ 9:33 AM
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