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QUOTE O’ THE DAY
"All we can do is analyze, aggregate, and synthesize bad news.
Eli wrote:Today is the day that PO story will break out imho.
My local news is already talking about how we have hit record high gas prices in the state the funny thing is the article came out today and they are of by about .10$. Gas has already moved higher.
If something does not stop gas and oil prices and nothing seems to be showing up to do that Gas and oil prices are going to start swamping the airwaves. Followed by bad economic news.
Did you see that there was another refinery fire this time in Philly? Another 300,000 barrel facility down. What is the current amount of production already offline because of fires. I heard it was the wee heavey curde they are processing is this true?
Raxozanne wrote:The evening BBC national news at 6 'o' clock reported on record petrol prices across the nation. The subject was third on the list, after the conviction of the 4 terrorist bomb suspects and the Discovery space shuttle. They also reported the prices were predicted to go higher. Maybe that managed to wake a few people up.
seldom_seen wrote:Even as oil sores towards 100/barrel, I think we will still be told that war is peace, freedom is slavery and ignorance is strength.
Anyone with an inquisitive nature will surely look beyond the propaganda and discover the 10,000 pound oil depletion gorilla staring them in the face.
However, the people at the control panel of the megamachine will be desperate to keep the wheels of the machine spinning, so they will go to great lengths to divert, confuse and muddle the issue.
USA TodayRoad to recovery sinking into Gulf Updated 7/18/2006 12:25 AM ET By Elliot Blair Smith, USA TODAY
LEEVILLE, La. — Gravestones trail into the water along Louisiana State Highway 1 within view of the mechanical-lift bridge that rises lazily above Bayou Lafourche to allow shrimp boats and tugs to pass.
The road and bayou curl together from local shipyards to deep-water oil platforms in the Gulf of Mexico, known as "the blue-collar coast."
This is the intersection of a fading Cajun dream, where French-speaking immigrants once fished and farmed sugarcane and cotton, and the jarring new reality that has transformed a deteriorating two-lane highway into an energy artery that carries crude oil and natural gas from the Gulf to the rest of the USA.
Nowhere in Louisiana are the nation's needs and the local population's desires so closely aligned as on the crumbling asphalt ribbon that reaches to Port Fourchon at the state's southern tip. Fourchon supply boats serve the giant Louisiana Offshore Oil Port, 18 miles into the Gulf, which offloads crude oil supplies from foreign tankers, and 75% of all deep-water Gulf oil and gas drilling.
Last year, Hurricane Katrina temporarily shut down most Gulf production and forced the evacuation of the peninsular strip of land that LA-1 traverses, laying bare the nation's dependence on a remote road that connects 16% of all U.S. oil supplies to 50% of the USA's refining capacity. Stranded energy supplies sent consumer prices soaring. The aftershocks rattle markets even now, amid a new hurricane season.
pedalling_faster wrote:in 50 years it might be a skin-diving location.
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