Bob Slaughter
Bob Slaughter
happened impact industry katrina looks scenarios
The two worst-case scenarios for the impact on the refining industry would be what happened with Katrina and what looks like could happen with this one.
areas energy example follow louisiana sharing states
These areas must follow the example of Louisiana and many other states in sharing these energy resources.
damage left price situation supply troubling wake
The damage left in Katrina's wake made the already troubling supply and price situation significantly worse.
controls energy form gas price resulted supply
The energy price and allocation controls of the 1970s resulted in supply shortages in the form of long gas lines.
congress failed late sequence
It's too late now, but Congress has consistently failed to sequence regulatory requirements in a responsible fashion.
came difficult experience fairly katrina matter prices save spot truth
The experience we went through with Katrina is about as difficult as we can imagine. The truth of the matter is that things came out fairly well. There were some spot shortages involved. They were being mitigated. Save for Rita, the prices were being mitigated.