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Re: Port Fourchon & the LOOP -Aftermath..what to expect

Unread postby GeneralGreen » Thu 04 Sep 2008, 10:33:12

I can't find anything on Port Fourchon anywhere! ...
So some facts..
The area was covered with water...the roads were underwater...no workers reported to have returned there..and its now 3 days latter. hnmmmmm
The movie Oil Storm..it was the taking down of Port F that caused a nation wide oil crisis's.....hnmm if this port is wasted we can very well see 150USD oil in the near term....but more likely gasoline prices higher..
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Re: Port Fourchon & the LOOP -Aftermath..what to expect

Unread postby wisconsin_cur » Thu 04 Sep 2008, 10:37:22

GeneralGreen wrote:I can't find anything on Port Fourchon anywhere! ...
So some facts..
The area was covered with water...the roads were underwater...no workers reported to have returned there..and its now 3 days latter. hnmmmmm
The movie Oil Storm..it was the taking down of Port F that caused a nation wide oil crisis's.....hnmm if this port is wasted we can very well see 150USD oil in the near term....but more likely gasoline prices higher..



First response on Google News search

PORT FOURCHON – Despite 125-mph winds and a 6-foot storm surge caused by Hurricane Gustav, Port Fourchon’s oilfield operations escaped serious damage and could be operational as early as today, port officials said.

A power pole crosses La. 3090 at Port Fouchon Tuesday.
Business officials began performing damage assessments Tuesday with sights on resuming work using generator power in the next few days, Port Fourchon Police Chief Jon Callais said. He added power may be out for a week and a half, but the port does have clean drinking water.

http://www.thenewfederalistpapers.com
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Re: Port Fourchon & the LOOP -Aftermath..what to expect

Unread postby ROCKMAN » Thu 04 Sep 2008, 10:49:00

Difficult to estimate the long term effect of Fourchon troubles. It's primarially a transportation hub. No significant processing or construction done there. Other ports, like Intracoastal City can pick up the some of the duty. The choper transport should be back in business before most other aspects...as soon as they ferry the chopers back. But they just move personnel. Heavy equipment and drillling materials will be the difficult aspects. Much of the day-to-day drilling commodities are transported in bulk form via very big boats. The rigs carry a certain amount of inventory but eventually they'll have to stop drilling as some of this materials relate to safety issues.

My S La. venders didn't show up in Houston this morning. I suspect they're still dealing with family issues. Another factor that will cause delays in any repair efforts.
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Re: Port Fourchon & the LOOP -Aftermath..what to expect

Unread postby DantesPeak » Thu 04 Sep 2008, 18:24:35

The LOOP reports that they have several days of normal throughput in storage and will begin moving that crude oil when power is restored. Damage to Entergy’s coastal transmission system is delaying power from reaching the LOOP and its offshore facilities. LOOP officials are starting up generators once transportation and communications logistics improve.


Hurricane Gustav Situation Report # 7 - September 4
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Re: Port Fourchon & the LOOP -Aftermath..what to expect

Unread postby DantesPeak » Thu 04 Sep 2008, 18:26:50

LOOP hopes to resume crude deliveries Thursday
Wed Sep 3, 2008 5:57pm EDT

NEW YORK, Sept 3 (Reuters) - The Louisiana Offshore Oil Port said on Wednesday it hopes to resume crude oil deliveries to coastal refineries by Thursday using onshore storage, and added that marine operations offshore could resume by the weekend.

"We found no visible damage offshore, but we need to get out there and we're working on that now," a spokeswoman said.

LOOP, the nation's only deepwater offshore oil port and a key conduit for foreign oil shipments, halted operations ahead of Hurricane Gustav.



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Re: Port Fourchon & the LOOP -Aftermath..what to expect

Unread postby newman1979 » Fri 05 Sep 2008, 07:40:01

Hurricane Gustav leaves Port Fourchon crippled
No electricity expected at key oil facility for weeks Friday, September 05, 2008
byr)[615]>From staff reports Times-Picayune Sept 5.2008 nola.com

Three days after Hurricane Gustav made landfall, more than 95 percent of Gulf of Mexico oil production is still shuttered and a key hub for the offshore petroleum industry remains without power.

Gustav slammed into Port Fourchon, a hub used by more than 60 companies to service Gulf rigs and platforms, before coming ashore in Cocodrie on Monday. Port Fourchon also houses the Louisiana Offshore Oil Port, a facility that receives about 12 percent of the nation's oil imports.




Director Ted Falgout said Thursday that Port Fourchon may not be able to receive power for four to six weeks. He also said storm sediment and stones displaced from a jetty may leave one of the port's channels impassable for as long as a week.

Meanwhile, the energy sector is beginning to reoccupy its facilities in the Gulf of Mexico, although the bulk of oil and gas production remains shut down. More than 87 percent of the Gulf's natural gas production remained shut down on Thursday, down from 92 percent on Wednesday. More than 95 percent of Gulf oil production remained shut down on Thursday, the same amount as Wednesday. [/quote]
As of Thursday, 73 percent of the platforms in the Gulf and 52 percent of the rigs in the Gulf remained evacuated. Platforms are the offshore structures from which oil and natural gas are produced. Rigs are offshore drilling facilities.

Oil and natural gas driller Ensco International said Thursday that it is continuing to return workers to rigs in the Gulf of Mexico. A company spokesman said a flyover had revealed no damage to the rigs.

Diamond Offshore Drilling said it planned to return most workers to rigs by Friday, and that normal drilling operations will restart a few days later. [quote]

This coud be a problem.





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Re: Port Fourchon & the LOOP -Aftermath..what to expect

Unread postby Forney2008 » Fri 05 Sep 2008, 11:29:26

Yet oil is down almost 2 dollars today on this news. Couple this with OPEC suggesting production cuts, and I cannot see how we avoid gasoline shortages from this because the pricing signal is off( gasoline falling instead of rising to keep supply/demand in balance.) This could be a big problem soon enough if Port Forhourn stays shut for more than a couple weeks.
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Re: Port Fourchon & the LOOP -Aftermath..what to expect

Unread postby DantesPeak » Fri 05 Sep 2008, 12:05:38

Louisiana Oil Port Resumes Offloading Tankers, Deliveries

DOW JONES NEWSWIRES
September 5, 2008 11:55 a.m.

The Louisiana Offshore Oil Port has resumed operations at reduced capacity, nearly a week after shutting down ahead of Hurricane Gustav.

The port was not damaged by the hurricane, but is operating on emergency power owing to widespread outages in the local electric grid, according to a statement. LOOP offloads oil from tankers at an offshore facility, and sends crude to refineries in Louisiana and Texas, as well as to the Midwest via the Capline pipeline.

LOOP cannot operate all of its pumps on backup power, slowing the bringing of oil from tankers to shore, and limiting the amount of crude that can be piped to area refineries and pipelines. The port can process 1.2 million barrels a day at full capacity. About 10% of imported oil passes through LOOP.

LOOP began offloading tankers at 3:18 a.m. EDT on Friday, and resumed deliveries from its oil-storage facilities before 10 a.m. EDT.


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Re: Port Fourchon & the LOOP -Aftermath..what to expect

Unread postby DantesPeak » Sun 14 Sep 2008, 14:48:59

As of 9:15 AM EDT September 14, the LOOP reports that it continues to operate limited operations from its Clovelly storage facility. Tanker offloadings remain suspended. Capline, which receives its crude oil from the LOOP, reported reduced movements along its pipeline.


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Refineries: Double Plus Spring Shoulder Season?

Unread postby bratticus » Wed 25 Mar 2009, 08:24:35

What is the spring shoulder season? Anyhow it causes gasoline (petrol) prices to jump due to reduced refinery capacity. You must do the maintenance on a refinery or *boom*. But is this year different somehow?
Valero completes refinery shutdown
Valero completed a full shutdown of its 210,000 barrel-per-day refinery near Delaware City over the weekend, a company official reported today
Valero extends Delaware City shutdown until early May "Valero has decided to conduct additional boiler inspections and related boiler maintenance work at Delaware City during the current shutdown," said Bill Day, a spokesman for the refinery which has total throughput of 210,000 bpd.
Total refinery starts shutdown; duration uncertain
"We didn't expect the downturn to be so low," Benezit said then of the economy.
Brazil Petrobras Manaus Refinery Production Halted -Strikers "Production had to be shutdown at the Manaus refinery because there were no workers available to operate it at an emergency level," said Maluzio Ferreira, spokesman for Brazil's oil workers union, FUP.
Oman Sohar Refinery RFCC Unit In Unscheduled Shutdown -Source Oman's Sohar Refinery Co. has shut down the residue fluid catalytic cracking, or RFCC, unit, at its 116,400-barrel a day refinery for unscheduled maintenance due to technical problems, a person familiar with the situation said Sunday.
Czech Unipetrol plans shutdown at refinery Czech refiner Ceska Rafinerska said on Friday it would shut its Kralupy unit in mid-April due to upgrades and maintenance works.
Conoco sees small impact from Bayway fire ConocoPhillips said on Tuesday there was minimal impact from a brief Saturday fire at its Bayway refinery in Linden, New Jersey, and said planned maintenance work was still ongoing at the plant.
Recession to hit East Coast refineries hard: study U.S. East Coast refineries will take the hardest hit from the decline in production due to a recession-driven slide in gasoline demand, according to a study by consulting firm Wood Mackenzie released on Monday.
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Re: Double Plus Spring Shoulder Season?

Unread postby pup55 » Wed 25 Mar 2009, 10:22:57

U.S. East Coast refineries will take the hardest hit from the decline in production due to a recession-driven slide in gasoline demand, according to a study by consulting firm Wood Mackenzie released on Monday.


OF2 will surely point out that the gasoline demand is actually up a little.....

Jet fuel and distillates are way down, of course....
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Re: Double Plus Spring Shoulder Season?

Unread postby AAA » Wed 25 Mar 2009, 11:40:57

I noticed 3 of our local gas stations are digging up their tanks. I assume for maintenance.
How can Ludi spend 8-10 hrs/day on the internet and claim to be homesteading???
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Re: Double Plus Spring Shoulder Season?

Unread postby dinopello » Wed 25 Mar 2009, 12:06:07

bratticus wrote:WTF is the spring shoulder season? Anyhow it causes gasoline (petrol) prices to jump due to reduced refinery capacity. You must do the maintenance on a refinery or *boom*. But is this year different somehow?


Weird, I just ran into this term when leasing a place in Florida for 6 weeks (I'll be heading down there for work in a few days). There, it referred to the transition time between the on-season prices (winter) and the low season prices (spring-summer). The rates to rent a place are in-between. I was surprised at how difficult it was to find a place. Probably much easier than usual, but still it wasn't like there were many desperate people letting beach front houses go cheap or anything.

For refiners it probably means the switchover to the summer blends, so some capacity is offline and demand is ramping up.
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New refineries

Unread postby vampyregirl » Tue 22 Dec 2009, 19:01:44

Shouldn't the US relax certain regulations and allow new refineires to be built especially in light of the new oil discoveries in the Gulf of Mexico?
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Re: New refineries

Unread postby Ferretlover » Tue 22 Dec 2009, 21:48:25

HHHmmm... I thought the problem was not the regulations, but, that oil companies who do realize the quantity of crude left in the planet do not wish to spend money on expensive refineries...?
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Re: New refineries

Unread postby vampyregirl » Wed 23 Dec 2009, 18:37:37

Yes some do wish to spend money on new refineries such as BP who recently made a major deepwater discovery, it could contain 4 billion barrelsin place, but all BP refineries in the US are already running at full capacity. You can have a trillion barrels in place and it won't do you any good if you can't refine it. Chevron has the same problem. Shell is spending a lot of money to expand the Port Arthur refinery.
But regulations in the US made it very expensive indeed to build a new refinery. Not only is it more expensive than it used to be but you have to deal with a lot of political bull now.
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Re: New refineries

Unread postby bromius » Sun 27 Dec 2009, 06:18:12

The longer the oil sits in the ground, the more it will be worth. Building another refinery would only increase the supply available on the open market and drive down prices. I think their present policy makes sense, although it doesn't help the consumer any, at least in the short term. Hopefully we'll be smart about it and use the higher price as a reason change their behavior by say, walking more or at least buying a more fuel efficient vehicle.
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Re: New refineries

Unread postby Ludi » Sun 27 Dec 2009, 11:38:27

bromius wrote: Hopefully we'll be smart about it and use the higher price as a reason change their behavior by say, walking more or at least buying a more fuel efficient vehicle.


I agree. Right now we'll benefit from high prices if they encourage more appropriate behavior. Keep those fossil fuels in the ground where they belong!
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Re: New refineries

Unread postby shortonsense » Sun 27 Dec 2009, 11:47:47

vampyregirl wrote:Shouldn't the US relax certain regulations and allow new refineires to be built especially in light of the new oil discoveries in the Gulf of Mexico?


Peak oil has been going so well Vampy that refineries are being closed in the US because we aren't buying enough fuel. New construction takes place in places like Trinidad, exactly because the NIMBYS in the US aren't about to relax anything.

Peak demand has really put a choke hold on the need for refineries.
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Re: New refineries

Unread postby mcgowanjm » Sun 27 Dec 2009, 12:28:26

vampyregirl wrote:Shouldn't the US relax certain regulations and allow new refineires to be built especially in light of the new oil discoveries in the Gulf of Mexico?


There are no regs in the US for BigOil. They do what they want
short of a years' long trial for murder-see BP/Texas City for details.
Along with Shale Gas-no regs there either.

shortonsense wrote:Peak oil has been going so well Vampy that refineries are being closed in the US because we aren't buying enough fuel.

Excuse me!? Why aren't we buying enough fuel, eh SoS?
Enough fuel for what? To keep the refineries open or to
power an economy in Depression? :twisted: 8O


shortonsense wrote:New construction takes place in places like Trinidad, exactly because the NIMBYS in the US aren't about to relax anything.


The construction in Trinidad is LNG and how does that square
with your 'abundant' shale gas? And NIMBYS stop nothing.
We'll drill a caribou's antler if we think there's hydrocarbons
there with EROEI amts. :evil:

shortonsense wrote:Peak demand has really put a choke hold on the need for refineries.

Well, you finally got that right. And you can find ALL kinds of
energy when you crush demand thru a Depression. :evil: :wink:
Which is why I say oil at $27.95 by Xmas 10, but it'll be more
expensive than it is now.
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