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Oil Analysis.

Publication: Finance Wire

Publication Date: 30-AUG-05
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COPYRIGHT 2005 Voxant Inc.

Original Source: CNBC/DOW JONES BUSINESS VIDEO ANALYST INTERVIEW

MICHELLE CARUSO-CABRERA, CNBC ANCHOR: Crude prices definitely getting knocked around by Katrina, 24 hours ago we were talking about $70 a barrel. Now we`re talking about 68. Adam Smallman, news editor for energy with Dow Jones Newswires joins us from London.

Good to see you, Adam. We really are waiting here to hear about the state of Portchartrain in Louisiana, south of New Orleans, aren`t we?

ADAM SMALLMAN, NEWS EDITOR FOR ENERGY, DOW JONES NEWSWIRES: Absolutely, and look, I had a salutary experience a few moments ago when I went through all the reports around the 15th of September last year. Why do we care? That was when Ivan hit. Everybody was very sanguine, lots and lots of comments very similar to what we are hearing still, which is that this hurricane doesn`t look quite as bad as it could have been. And, of course, as we know, subsequent to that, a lot of damage reports started trickling out over the next few days,...

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