Hurricane Isaac Shows the Inherent Risks of Offshore Drilling
We often hear that weather has the potential to set back oil companies, but how? Fool.com energy editor Joel South discusses Hurricane Isaac and how similar storms can cost the industry huge sums of money. While the temporary setback from Hurricane Isaac should be short-lived, investors need to account for the additional risks of drilling offshore, and be sure to add in an additional premium when investing in this market.
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The article Hurricane Isaac Shows the Inherent Risks of Offshore Drilling originally appeared on Fool.com.Austin Smith has no positions in the stocks mentioned above. Joel South has no positions in the stocks mentioned above. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.