Dennis and oil/gas ...

Weatherboy1 · #1 Postby **Weatherboy1** » Wed Jul 06, 2005 2:36 pm

Obviously, the major concern in any tropical system is loss of life. But I thought I would mention something else that could be a big deal with regards to Dennis: Energy prices.

I follow the markets closely and today, the wholesale (futures) prices of heating oil, gasoline and crude oil ALL hit all-time highs. A barrel of crude now goes for $61.30 or so. Gasoline is up something like 20 cents in three days. IF Dennis' track verifies and the storm plows into SE LA/New Orleans as a Cat 3, you better hope you don't drive an SUV. Ivan knocked a fair amount of production offline last year, but he missed the main oil drilling/refining/offloading areas. Dennis (according to some models) could basically go right over or very close to the LOOP -- the Louisiana Offshore Oil Port. It's the U.S.'s LARGEST oil importing terminal. Or it could knock many rigs, refineries, and pipelines out of service. Considering how expensive all this stuff is already, that's the last thing we need. Let's hope for the best.

-Mike

gkrangers · #2 Postby **gkrangers** » Wed Jul 06, 2005 2:39 pm

Kinda like what happens in the movie Oil Storm...

wxcrazytwo · #3 Postby **wxcrazytwo** » Wed Jul 06, 2005 2:40 pm

I think it will hurt it immensly if a big ones hits there.

#4 Postby **LSU2001** » Wed Jul 06, 2005 2:42 pm

You are soooo right Cindy closed down some prodution rigs and Gas rigs. Ivan busted up many of the pipelines and it was quite sometime before they were repaired and many people don't know that alot of our production is actually in the marshes and these facilities were designed for Inland. With the coastal erosion that has been taking place alot of these facilites are much more likely to be damaged further cutting production. It is not a good thought.
TIm

cajungal · #5 Postby **cajungal** » Wed Jul 06, 2005 2:42 pm

They did a documentary a couple weeks ago. A "fake" hurricane Julia that hits Port Fourchon.

#6 Postby **feederband** » Wed Jul 06, 2005 2:43 pm

Weatherboy1 wrote:Obviously, the major concern in any tropical system is loss of life. But I thought I would mention something else that could be a big deal with regards to Dennis: Energy prices.

I follow the markets closely and today, the wholesale (futures) prices of heating oil, gasoline and crude oil ALL hit all-time highs. A barrel of crude now goes for $61.30 or so. Gasoline is up something like 20 cents in three days. IF Dennis' track verifies and the storm plows into SE LA/New Orleans as a Cat 3, you better hope you don't drive an SUV. Ivan knocked a fair amount of production offline last year, but he missed the main oil drilling/refining/offloading areas. Dennis (according to some models) could basically go right over or very close to the LOOP -- the Louisiana Offshore Oil Port. It's the U.S.'s LARGEST oil importing terminal. Or it could knock many rigs, refineries, and pipelines out of service. Considering how expensive all this stuff is already, that's the last thing we need. Let's hope for the best.

-Mike

$61.30

#7 Postby **LSU2001** » Wed Jul 06, 2005 2:43 pm

They did a documentary a couple weeks ago. A "fake" hurricane Julia that hits Port Fourchon.

Cindy came pretty close to fourchon last night :lol:

#8 Postby **TreasureIslandFLGal** » Wed Jul 06, 2005 2:46 pm

That scenario would way suck!

And I do have and SUV. -but thank God its a Nissan! It actually does better on gas than my little 99 Ford Escort did!

#9 Postby **ericinmia** » Wed Jul 06, 2005 2:47 pm

TreasureIslandFLGal wrote:That scenario would way suck!

And I do have and SUV. -but thank God its a Nissan! It actually does better on gas than my little 99 Ford Escort did!

Horray for nissan, i have a g35 coupe... and it can get 30 to the gallon on highway... or 12 if i drive spirited.

Dennis and oil/gas ...

Dennis and oil/gas ...

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