Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Oil and natural gas prices to take a hit, analysts say (from Katrina)

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Latest Breaking News Donate to DU
 
AlGore-08.com Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-29-05 01:56 AM
Original message
Oil and natural gas prices to take a hit, analysts say (from Katrina)
http://www.chron.com/cs/CDA/ssistory.mpl/business/3328951

By TOM FOWLER
Copyright 2005 Houston Chronicle

Oil and natural gas prices are expected to spike today after Hurricane Katrina shut down energy production that's key to the country's supplies.

Katrina's tear through the central Gulf of Mexico struck at the heart of a region that accounts for more than a quarter of U.S. domestic oil and natural gas production.

(snip)

Likely signaling what's ahead, Sunday night, when electronic trading resumed on the New York Mercantile Exchange, crude oil futures spiked $4.50 per barrel, putting the cost above $70 for the first time since oil began trading there in 1983.

(more... )
Printer Friendly | Permalink |  | Top
Moderator DU Moderator Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-29-05 02:10 AM
Response to Original message
1. Duplicate
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Fri Apr 19th 2024, 03:02 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Latest Breaking News Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC