|
COPYRIGHT 2005 The Miami Herald
Byline: Martha Brannigan And Douglas Han
Aug. 29--New Orleans lay directly in the path of Hurricane Katrina, but the entire nation will feel the brunt of the powerful storm if oil and gas operations in the Gulf get whacked.
Roughly 30 percent of the oil and gas consumed in the United States flows along pipelines or is hauled in on tankers and barges in the Gulf Coast.
A major hit would disrupt fuel shipments and send prices soaring even higher right before the Labor Day holiday, when more than 34 million Americans are projected to hit the road.
The impact was immediate Sunday night on the New York Mercantile Exchange,...
Read the full article for free courtesy of your local library.
| 
Bookmark this article
Print this article
Link to this article
Email this article
Digg It!
Add to del.icio.us
RSS
