Posted on 09/14/2008 1:29:45 PM PDT by My Favorite Headache
If the water was moving enough, the water could cause the pipe to break in one or several places. Enough movement might even cause the pipeline to be displaced and hard to find. Fixing a broken pipe on the ocean floor isn't an easy exercise.
If the water was moving enough, the water could cause the pipe to break in one or several places. Enough movement might even cause the pipeline to be displaced and hard to find. Fixing a broken pipe on the ocean floor isn't an easy exercise.
Oil is down to under $99 - that should tell you all you need to know whether it’s bad or good.
No, once the integrity of the pipeline was lost, the production platforms would stop putting oil in the pipes. Many of the platforms likely stopped all production before the storm anyway.
How long before this appears in a Democrat anti-drilling commercial?....
John / Billybob
I **am**, however, quite willing to sell intraday rallies, and to sell the gasoline crack (buy NYMEX CL, sell NYMEX RBOB, probably for X, i.e. November).
As they (sort of) used to say during WW II, ''trade 'em if ya got 'em'', and FReegards to you!
There was a poster, who supplies the oil industry with products and services that he was getting calls to fly in material and people ASAP (they were going to need at least a 737 or larger (I would guess a 767), on one of the Hurricane Ike threads that mentioned he was getting calls from customers. One of the customers was much more shook up than ever, including times when refineries had experienced massive explosions.
Based on that, something VERY bad must have happened in the Gulf region relate to the oil business.
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