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Fuel Cell & Hydrogen Technology Fuel Cell & Hydrogen Technology

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Hurricane Katrina –May 29, 2005<br />

Crisis<br />

30 oil platforms damaged or destroyed<br />

44 Oil Spills, with Over 7 Million Gallons of Oil Leaked<br />

Nine refineries closed<br />

24% of Gulf oil production affected - 18% of Gulf gas production affected<br />

Not all costs can be computed up‐front<br />

Unexpected events can dramatically influence energy availability<br />

Costs can be substantial<br />

Other oil related costs – CBO estimates the Iraq War cost $1.9 to 2.4T

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