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COPYRIGHT 2005 Voxant Inc.
Original Source: CNBC/DOW JONES BUSINESS VIDEO ANALYST INTERVIEW
MICHELLE CARUSO-CABRERA: We have been tracking the impact that Hurricane Katrina has been having on the oil markets today. What is the longer-term impact of the destruction to the oil industry? John Kingston is the Global Director of Oil at Platts, a leading information service covering the energy industry.
Good to have you here.
JOHN KINGSTON, GLOBAL DIRECTOR OF OIL, PLATTS: Thank you.
CARUSO-CABRERA: A lot of the risk assessment companies have actually been reducing their assessments. They`ve gone from 30 billion to 25 billion because we`ve seen the storm go slightly to the east, and it went from a category five to a category four. That`s in terms of insurance. Does that have any of...
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