Hurricanes May Send Energy Costs to New Highs

NEW YORK (Reuters) – Energy costs could hit new highs if hurricanes pound production and refining centers again this summer as supply and infrastructure problems make the industry more vulnerable to disruptions, analysts said.

Forecasts of another strong hurricane system come as companies are still struggling to overcome the effects of a chain of storms that rattled oil and natural gas infrastructure from the Caribbean to the U.S. Gulf Coast in 2005 and sent gasoline prices soaring above $3 a gallon.
Reuters