Katrina’s effects seen lasting into 2006

“Hurricane Katrina has wreaked havoc on US energy markets, and we believe its effects are likely to impact energy prices into 2006,” said analysts at Jefferies & Co. Inc. in a Sept. 6 report. “Over the long term, the spike in crude oil and petroleum product prices will likely push the American consumer to reduce his consumption behaviors.”The analysts wonder, “At what point and to what extent will the current high oil prices begin to have a significant impact on economic expansion and therefore petroleum product demand.”US demand for petroleum products “appears to have been negatively impacted in the past when spending on oil products as a per...

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.


Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected