Posted on 09/19/2005 7:12:28 PM PDT by kellynla
The possibility of energy market disruption amid this very active hurricane season turned to reality with the arrival of Katrina. In this issue, EIA examines some plausible paths to recovery.
The Gulf of Mexico coast region is a major oil and natural gas supply center for the United States with significant offshore oil and natural gas production, refining capacity, and petrochemical facilities, and serves as a major import hub and nexus for pipeline infrastructure. In the Gulf coast region, Federal offshore crude oil production accounts for 1.5 million barrels per day (29 percent of total U.S. production); crude oil refining capacity accounts for about 8.0 million barrels per day (47 percent of total U.S. production); and offshore natural gas production accounts for about 10 billion cubic feet per day (19 percent of total U.S. production). A significant portion of the Gulf coast’s petroleum products—gasoline, diesel, and jet fuel—is shipped to Eastern U.S. markets through the Colonial and Plantation pipelines or transported to Midwest markets by pipeline or the Mississippi River.
Hurricane Katrina caused significant direct damage to offshore rigs, refineries, pipelines, and ports in the Gulf of Mexico , with wide-scale electricity outages and flooding exacerbating the already devastated infrastructure, compounded by the evacuation of thousands of employees. Katrina initially reduced oil supplies by an estimated 1.4 million barrels per day and natural gas supplies by an estimated 8.8 billion cubic feet per day (bcfd) due to shut-ins as well as direct damage. In addition, a bout 1.9 million barrels per day of crude oil refining capacity was shut down as Katrina approached. Following the storm a number of other refineries were forced to reduce operating rates because of disruptions to oil supply and product distribution systems and electricity outages.
(Excerpt) Read more at eia.doe.gov ...
This is a trademark of MD4Bush.
God bless!
" This is a trademark of MD4Bush."
$3.oo was a typo. But tell me who is MD4Bush? Just between me and you. I promise I won't tell anyone.
Considering they are trying to get the New Orleans refineries back online as well as the Chevron one in Mississippi, this is very, very bad.
Also, there will be an automatic shutin of most of the offshore Gulf of Mexico production starting about Wednesday maybe Thursday at the latest, and that may not be able to re-open until next week.
Land bases for offshore around New Orleans got hammered and the good land bases between Houston and New Orleans may really get creamed.
I know we have quite a bit of gasoline tanker traffic here in the Northeast. In the New York City Harbor area, they won't let tankers in the Inner Harbor (big firecrackers need not apply) but you see them offloading to barges in the Outer Harbor...
This really stinks. I don't drive much, but this is the time of year that refineries HAVE TO SWITCH to fuel oil production, and Natural Gas needs to be pumped underground for mid-winter draws...
Jim Robinson and John Robinson would love to tell the world the domain name and IP addresses, but they have not been asked in a nice "legal" fashion.
I am pretty sure MD4Bush had a post with 2oth Century in the text. That is why replacing small letter o's for the number 0 is something I would not recommend...
I don't think you did it delibrately, but I have had a background task in my mind looking for that type of typing, and your post tripped my background task...
God bless!
I know this wouldn't make a difference in the short term but look at this nuclear/hydro/desalination plant. I like the idea!
Would Simultaneously Produce Electricity, Hydrogen & Drinking Water
http://www.aaenvironment.com/nuhydro.htm
And their speculation may end with a bursting bubble. The good thing is that more focus will be put on the hydrogen economy. May the nay sayers finally take a back seat.
More Republicans in congress and in the senate!
I am hoping that this will begin a move to diversify our energy production system. We cannot allow the system to be so vulnerable.
But if we had central planning rather than the free market, you would wait in line for hours to get gas, and be pissing and moaning about the stupidity of the government planners.
I say rah, rah for the free market!
Preferably in Alaska and Canada...
Seriously, little Rita is not helping things; retail stocks are already taking a hit as the forecasters are planning on a less than spectacular fourth quarter, thanks to ever increasing fuel prices.
Today in my "test" stock portfolio, all my stocks took a hit except for my three oil companies, and the BNSF railroad (go figure...)
And it's not just gas prices, fuel oil and natural gas are set to increase quite a bit, if they haven't already...
Bottom line: things aren't looking good for 2006. Expect at least a recession, if not something worst.
In order to get hydrogen, you have to break it out of some compound, maybe a hydrocarbon, maybe water - and that process takes lots of energy. Then you have to pack it into some compact form, compress it and put it into a strong heavy container, collect it into some catalyst, etc., and that takes more energy. Then the end user has to uncompress it, carrying around a heavy (and potentially dangerous) container, or heating a catalyst to cause release of the hydrogen, taking more energy. Then you can burn it to water and generate energy. (Water vapor is a very intense greenhouse gas by the way. We may not be any better off at all on a hydrogen economy, in any sense.)
I have read that sodium with silica gel or crystalline silicon could create a powder that when introduced to water, creates hydrogen. Also, carbon nano tubes are said to be the answer for the high pressure storeage problem. Researchers are coming at the energy problem from many directions. I think the prospects of limits to the hydrocarbon contribution for the world's energy needs will push research a long way towards a healthy hydrogen economy.
The electrosis of water will be able to produce hydrogen and oxygen.
Just don't build them too close to the Gulf coast along the Gulf of Mexico...
Yeah! Rah! "The Free Market!" Everyone bow and genuflect. Well, I can tell you that, if I can, I'll use that same "free market" to ruin you and everyone else if it makes me a quick buck. Profit and greed know no loyalty, to people or a country, only money. And if you worship money and only money, that's what you'll get, only money. If that means ruining everyone and devil take the hindmost, I say, so be it.
Be careful of what you wish for, you might get it (literally).
Compare it with the political allocation - goods to the most politically connected, or to the bestial, who dispense with the exchange method of getting what they need, they just take it from the possessor, often taking their life as well.
Like, what's your choice?
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