http://today.reuters.com/business/newsarticle.aspx?type=ousiv&storyID=2005-09-02T135955Z_01_BAU250357_RTRIDST_0_BUSINESSPRO-ENERGY-KATRINA-EUROPE-WRAP-DC.XMLEurope to send emergency oil to US
PARIS (Reuters) - Europe will dip into its emergency reserves of gasoline to help the United States through an energy crisis that began when Hurricane Katrina smashed into Gulf coast refiners, EU governments said on Friday.
Spain and Germany said they were ready and able to send fuel across the Atlantic in an operation coordinated by the West's energy watchdog, the International Energy Agency. The United States confirmed it had requested assistance.
EU nations have watched in horror as the world's richest country struggles with the aftermath of Katrina. Thousands are feared dead and troops in the flooded city of New Orleans have been told to shoot-to-kill to crack down on looting.
Gasoline prices have soared by nearly a fifth over the past week and President George W. Bush has urged Americans to go easy on fuel. Unlike the IEA, the United States has only emergency reserves of crude and a small stockpile of heating oil.