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The “Katrina Syndrome”: What Oil Companies Learned From a Disaster

The oil industry is reporting second-quarter profits this week, and has signaled that refining profits will again be at record or near-record levels. Two consecutive years of soaring prices in spring and summer have equaled the price effects of Hurricane Katrina without any natural disas- ter. 

Read the report here.

Jamie Court

Jamie Court

Consumer Watchdog's President and Chairman of the Board is an award-winning and nationally recognized consumer advocate. The author of three books, he has led dozens of campaigns to reform insurance companies, financial institutions, energy companies, political accountability and health care companies.

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