Posted on 08/09/2006 9:06:20 AM PDT by thackney
How is the TransAlaska Pipeline itself doing? Good for another 30 years with preventive maintenance and intermittent repairs?
I'm getting tired of this crap.
The reaction to this leak was overblown and way too PC because of the Enviro-NAZI's...
There is no point in shutting the entire operation down, when repairs will commence on one section at a time.
It amazes me how panic stricken these folks at BP were?
We need to eliminate a few lawyers and re-boot reality.
Waiting for gas prices to fall. . . . . . . still waiting. . . . . .
You ever notice that oil shipped is measured in barrels but oil spilled is measured in gallons?
"THE SPICE MUST FLOW!"....................
Does anyone know at what percentage of capacity the existing pipeline is operating?
If we open up Anwar, do we need a second pipeline?
.....and very suspicious that oil sold in Wal-Mart is sold in QUARTS!.............
My guess is that the partners, CONOCO and EXXON, didn't like BP's sudden announcement of the shut down, especially since the other companies were prepared to replace the shortfall with foreign supplies, the was BP was.
It is very suspicious that BP just completed preparations at their Cherry Point refinery to bring in foreign supplies and then announces the shut down.
Me TOO!How do you"suddenly"discover corrosion that takes YEARS to develop???Isn't a"scheduled maintenance"program in place???
Probably has something to do with performance bonuses, as per many other debacles in the business.
The reaction was far too extreme, and I think that cooler heads are prevailing now.
Oil companies hate it when oil spills public, and I think the lawyers spoke before operations reacted and studied the problem.
The Strategic Reconfiguration Project is ongoing, replacing pump stations with new electric drive units, modulare design to easily expand back above 1,000,000 BPD if we get enough oil from ANWR, NPRA or Offshore.
Strategic Reconfiguration Project Overview
The majors have been tossing around 50 years for continued oil production on the North Slope. We have several enhanced oil recovery projects started to squeeze higher percent recoverables from the older fields than was traditionally expected. Also more shallow fields are becoming econommical to produce, that cold oil that takes extra work to get out of the ground. West Sak and Schrader Bluff have wells flowing now and Ugnu is planned for production next year. Those fields are well defined since they have been drilling through them for years to get to the warmer deeper oil.
I wish I knew more about how Shell's exploration is going. They bought 87 leases offshore last year in the Beaufort Sea. This year they brought up two drill ships. Lots of potential.
Dune
The Movie, yes, but I don't think that quote is in any of the books.........
The cash price (immediate) for gasoline has fallen each day for the past 4 business days. Perhaps you should ask your local retailer.
HUY0 - GASOLINE UNLEADED Cash (NYMEX)
The September Spot Market for Gasoline fell yesterday and fell since opening this morning. It is also cheaper than Friday's close before any of this was announced.
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