In August 2005, Hurricane Katrina damaged or destroyed a significant portion of the oil production capacity in the Gulf of Mexico. The winter of 2006 was unusually cold in many of the southern states. How did these events affect the market for natural gas?

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The Answer of In August 2005, Hurricane Katrina damaged or destroyed a significant portion of the oil production capacity in the Gulf of Mexico. The winter of 2006 was unusually cold in many of the southern states. How did these events affect the market for natural gas?

In August 2005, Hurricane Katrina Damaged or Destroyed a Significant