It's potentially a bigger threat than Katrina because there is more refining capacity in the Houston area. This is a double whammy for the industry it's an amazing thing to contemplate. -Bob Slaughter

 

It's potentially a bigger threat than Katrina because there is more refining capacity in the Houston area. This is a double whammy for the industry it's an amazing thing to contemplate.


Comments

There are not yet any comments on this quote. Why not register / login and be the first?




This quote is just one of 7 total Bob Slaughter quotes in our collection. Bob Slaughter is known for saying 'It's potentially a bigger threat than Katrina because there is more refining capacity in the Houston area. This is a double whammy for the industry it's an amazing thing to contemplate.' as well as some of the following quotes.

It's potentially a bigger threat than Katrina because there is more refining capacity in the Houston area. This is a double whammy for the industry it's an amazing thing to contemplate.

Bob Slaughter

If there's significant damage done in the Gulf, there's going to be a supply impact on gasoline, diesel and natural gas.

Bob Slaughter

The ones that are not on yet are probably the ones that are going to require more time and attention. Now we are really getting into the tougher part of the job. I don't think that people really understand the magnitude of the damage that's been done.

Bob Slaughter

What's happened can be explained by the higher cost of crude oil, the difficulties in building new refineries and the disaster that cut right through the heart of the industry.

Bob Slaughter

The two worst-case scenarios for the impact on the refining industry would be what happened with Katrina and what looks like could happen with this one.

Bob Slaughter