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Page added on June 3, 2005

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Oil Crisis Film Takes Market Fears to Living Rooms

Think $55 a barrel oil is bad? Wait till a hurricane knocks out a U.S. pipeline and a port at the same time that militants are killing hostages in Saudi Arabia, sending oil prices over $150 a barrel.

That’s the premise of “Oil Storm,” a television docudrama set to premiere in the United States on Sunday. The movie uses exaggerated real life events and fictional characters to examine America’s dependence on oil and the havoc a major disruption in supply could wreak on ordinary people.

The movie depicts — albeit in the extreme — what energy markets have spent much of the past year fretting about: hurricanes that can rip apart oil infrastructure and war and turbulence in the Middle East, which have driven crude prices to record highs.
Reuters



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