Middle East Economic Survey
VOL. XLVIII
No 37
12-September-2005
EIA Trims Supply/Demand Outlook In Light Of Hurricane Katrina
The Energy Information Administration (EIA) of the US Department of Energy has trimmed its estimate of US oil demand growth in the wake of Hurricane Katrina. In the latest monthly Short-Term Energy Outlook, published on 7 September, the EIA says that Katrina initially reduced oil supplies by an estimated 1.4mn b/d, while 1.9mn b/d of refining capacity was shut down as the...
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