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.

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