Can we hold off on thinking the worst has happened til we find out what has really happened?
Sure there’s going to be damage - but how much, and how it will ultimately impact supply is still an unknown.
But meanwhile, the media will sensationalize the crap out of what little they do know, until they find out they didn’t need to get so excited...
Exactly right. It may be a easily replaced platform, and minor damage, easily fixed if it is a pipeline. Until the co. that owns it tells us, we should ignore the media hype.
MMS Report on Hurricane Impact
The DriveBy jerkoffs are down to their usual crappy tricks, 'reporting' whatever looks 'sensational' instead of the true story. This time, the true story is that the US Gulf coast dodged a large bullet. I'm not trivialising Ike, but the plain facts are that A) damage generally is WAY less than expected, B) Gulf production and refining facilities received a comparatively light hit, and C) production and refining facilities are being repaired with, frankly, amazing speed.
For example, both the Colonial and Plantation pipes are **UP**, right now this minute, operated at reduced rates. They **were** expected to be out for 3-4 days.