Movie Depicts Consequences of Oil Crisis

The movie depicts panic spreading across oil markets, sending oil prices above $150 a barrel.

Published: 04-Jun-2005

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NEW YORK (Reuters) - 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.


Visits to China, India, Malaysia and Pakistan are significant because the trip spells out the Saudi Kingdom's Look East policy, representing a new reorientation in its foreign policy that was heavily tilted toward the West.

The worst two scenarios suggest a drastic decline in output to 875,000 barrels a day by the end of 2007 and to just 520,000 a day by the end of 2008.

Bush said he envisioned a future in which a plug-in hybrid car could drive 40 miles on a lithium-ion battery, then stop at a filling station for ethanol, a fuel usually made from corn, similar to HyMotion Prius pictured below.


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