[Arizona Carolyn]

This is what you asked for from the last thread: Their projections including losing refineries and offshore pumping and then China taking the opportunity to up the antie and buying oil Mid-Atlantic that Russia was sending to us (at a higher price), putting a dent in home heating reserves and a particularly cold winter without adequate oil supplies to get everyone through this.

Maybe they will re-show it -- pretty sobering. Bottom line is this is the kind of disaster China has been waiting to befall us to give them the upper hand in the energy markets.

[Mac94]

The movie was called "Oil Storm" and was on FX last June (part was filmed here in Austin). Basic premise is that a major hurricane hits the New Orleans area Labor Day weekend, 2005. Because fo the resulting damage, oil prices spike upward and gas goes to $3+ per gallon. Because of the damage, oil imports are diverted to the Port of Houston. Because of the tight shipping lanes and increased traffic, there is an accident between tankers thats damages the port. Terrorists hit Saudi oil sites, we send in the military to protect the oil infrastructure, all the while oil prices continue to climb. At it's worst, the price per gallon is over $8 and the economy is in crisis. People freeze to death because they can't heat their homes, riots break out, we get in a bidding war with China over Russian oil supplies, etc.

[sinkspur]

Bottom line is this is the kind of disaster China has been waiting to befall us to give them the upper hand in the energy markets.

I heard yesterday, somewhere, that the Saudis have said they will crank up production as much as they can, and urge other OPEC members to do the same.

Problem is, crude is not what we need. We got crude. We need refinery capability.

An economist was on FOXNEWS earlier who said that states have erected such regulatory and environmental barriers that there's no incentive for oil companies to build refineries.

[madison10]

Prayers going up for the Gulf States.

Maybe they will re-show it -- pretty sobering. Bottom line is this is the kind of disaster China has been waiting to befall us to give them the upper hand in the energy markets.

Couldn't Americans get together & do what you think China wants to do? Citizen owned? It would just need organizaion.

[proud American in Canada]

Bottom line is this is the kind of disaster China has been waiting to befall us to give them the upper hand in the energy markets.

The liberal talk radio show host in Ottawa was practically drooling over the prospect of the U.S. needing Alberta oil reserves too.

"That'll show 'em they need Canada just as much as Canada needs the U.S." was his main point.

[jeffers]

Thank you.

[JerseyHighlander]

This is what you asked for from the last thread: Their projections including losing refineries and offshore pumping and then China taking the opportunity to up the antie and buying oil Mid-Atlantic that Russia was sending to us (at a higher price), putting a dent in home heating reserves and a particularly cold winter without adequate oil supplies to get everyone through this.

I saw this in the previous thread. Do you have any links, name of authors, or anything I can use to read further into this?

[Vob]

It might be time to watch Taiwan as well.