Reply With QuoteSome Interesting post Gentleman... Good reading indeed. R.B.
Hells Angel Steves brother is chief engineer at a giantic Lousiana refinery and they are doing about 60,000 bbls a day.
They are expanding the operation,, and the other refineries will be on line just in time for the hurricane season.
He says more refinery capacity, and locate them around the country, and more reserve capacity, and stop letting the oil companies merge will help alot.
If gas doesn't drop a buck a gallon, and we're in Iraq another year, and the Dem's run Hillary,, look to see a US president with Piano legs after the next election.
The Iraq war pulled France, Germany, Austria and Belguim and Turkey off Iraq supply and threw them into the world oil market, which tightened up supply even worse.
People forget about that.
All quite true.
In digging arround, I discovered spring is maintenance season at refineries too, which takes them partly or wholy offline for the annual cleaning/maintenance/upgrades for a while, and currently we have no reserve refining capacity to cover for it.
Some Interesting post Gentleman... Good reading indeed. R.B.
more info to chew on
Bolivian President Seizes Gas Industry
Troops Deployed In Move to Block Foreign Influence
By Monte Reel and Steven Mufson
Washington Post Foreign Service
Tuesday, May 2, 2006; Page A01
CARACAS, Venezuela, May 1 -- Bolivian President Evo Morales seized control of the country's natural gas industry Monday, sending soldiers to occupy fields that he contends private companies have plundered for years.
Morales said that unless foreign energy firms agreed to give Bolivia's state oil company oversight of production and a majority of their revenue generated in Bolivia, the government would evict them from the fields.
Soldiers guard a gas plant after being deployed by President Evo Morales, who accuses private companies of plunder. (By Juan Karita -- Associated Press)
Special Report
"The time has come, the awaited day, a historic day in which Bolivia retakes absolute control of our natural resources," Morales said during a televised speech from a gas field near the country's southern border. "The looting by foreign companies has ended."
Morales's announcement was expected, but his deployment of troops to gas fields was a strong statement in a region where governments are moving to block outside influence, particularly from the United States, and exert more control over the energy industry. Venezuela recently voided drilling contracts with private companies at 32 oil fields, demanding new contracts that give the state oil company a 60 percent stake. Ecuador is finalizing a law that could limit excessive profits by foreign crude producers.
The developments in Bolivia were not expected to affect the U.S. energy market. Even in Bolivia, analysts played down the importance of the troop deployment, but they acknowledged the message Morales was trying to send.
"I think it was a symbolic move to send the military to the oil fields to show that Bolivians are now in charge of taking care of their own property," said Gonzalo Chavez, a political analyst with the Catholic University in La Paz, the Bolivian capital. "It's an extremely popular move. There's a lot of nationalism in the country right now, and this is something that a lot of people are going to like."
During his victorious electoral campaign last year, Morales promised that he would force energy companies to give at least 50 percent of their revenue to the government's state energy company. The plan announced Monday called for a substantially higher percentage -- 82 percent -- to be surrendered by any company producing more than 100 million cubic feet of natural gas daily. He said that all companies have six months to agree to the terms or be kicked out of the country.
Bolivia boasts South America's second-largest reserves of natural gas, behind Venezuela. The country does not play a major role in international energy markets, but its natural gas exports are important to some of its neighbors.
About 25 international energy firms operate in Bolivia. Brazil's Petrobras and Spain's Repsol YPF have the largest operations in the country, and Exxon Mobil Corp. of the United States maintains a smaller presence.
Morales has conceded that Bolivia needs the help of those foreign companies to get reserves out of the ground, and he has said his nationalization plan is not designed to cut those companies completely out of the sector.
Bob Davis, an Exxon spokesman, said Monday that the company was "monitoring the situation" in Bolivia. He said that earlier concerns prompted Exxon to submit a letter to an international arbitration board saying that the company was contemplating a request for arbitration.
Oil industry officials have been increasingly concerned about the investment climate in Bolivia. According to news reports, Bolivia's attorney general, Pedro Gareca, opened criminal cases in mid-March against three former Bolivian presidents and eight former energy ministers for alleged wrongdoing in drawing up and signing contracts with foreign oil companies.
Morales's government has held bilateral talks with energy firms in recent weeks, but negotiations sputtered. Petrobras, after announcing additional investments of $5 billion shortly after Morales's inauguration in January, rescinded the plan in March because of uncertainty over the government's policies. Tensions also flared with Repsol YPF after the government accused its executives of smuggling oil out of the country.
Monday's announcement coincided with May Day workers' celebrations throughout the country. Morales had been under political pressure to announce the plan, which his backers consider a key to the success of his administration. He has said he plans to use increased state revenue from the takeover to fund social programs in South America's poorest country.
A longtime leader of Bolivia's coca growers union, Morales was elected in December after leading protests railing against foreign corporations and the management of the country's gas resources, which are mostly located in the Santa Cruz province in the southeastern corner of Bolivia. He spent the weekend in Cuba with ideological ally Hugo Chavez, the Venezuelan leader who has helped lead a regional shift away from the privatization of South American industries and toward more state control.
Even though it recently reached oil independence, Brazil is the country that leans most heavily on Bolivia for natural gas. In the 1990s, the Brazilian government reinforced the country's hydroelectric power grid with plants fueled by natural gas, and many of Brazil's automobiles run on natural gas. About half of Brazil's natural gas needs -- 520 million cubic feet daily -- are supplied by Bolivia via a 2,000-mile pipeline financed mostly by Petrobras. In 2003, Petrobras discovered gas deposits within Brazil that some experts say could significantly ease demand, but tapping that gas could prove costly and difficult.
Mufson reported from Washington.
Heard about that on the radio this AM. It's just gonna get more and more "interesting" .... better hang on to your arse! :cry:
Forecasters Predict an Active Atlantic Hurricane Season
FORT COLLINS, Colorado, May 5, 2006 (ENS) - The start of the Atlantic hurricane season is less than a month away, and forecasters are predicting more devastating storms this year. Employing a statistical system based on past trends, hurricane forecasters at Colorado State University are predicting a "very active" season with landfall probabilities "well above their long-period averages."...
Less than 26 days to the official start of the season and counting.
You ready for $5 gas?
http://www.nodc.noaa.gov/dsdt/cwtg/wgof.html
Note that almost all the current temps are already above the May average.
http://www.canadianweather.org/forum...showtopic=4324
PREDICTION FOR 2006 Hurricane Season:
2 Subtropical Storms
20 Named Storms
10 Hurricanes
5 Major Hurricanes
1 Super Hurricane
Super Hurricane?? Cat 6???
I'm scared someone hold me.....
Forecasters Predict an Active Atlantic Hurricane Season
FORT COLLINS, Colorado, May 5, 2006 (ENS) - The start of the Atlantic hurricane season is less than a month away, and forecasters are predicting more devastating storms this year. Employing a statistical system based on past trends, hurricane forecasters at Colorado State University are predicting a "very active" season with landfall probabilities "well above their long-period averages."...
Less than 26 days to the official start of the season and counting.
You ready for $5 gas?
http://www.nodc.noaa.gov/dsdt/cwtg/wgof.html
Note that almost all the current temps are already above the May average.
http://www.canadianweather.org/forum...showtopic=4324
PREDICTION FOR 2006 Hurricane Season:
2 Subtropical Storms
20 Named Storms
10 Hurricanes
5 Major Hurricanes
1 Super Hurricane
Super Hurricane?? Cat 6???
I'm scared someone hold me.....
Of course, GW hasn't signed KYOTO yet. Soon as he does, it'll all get better.
The answer:
E85.
Are you aware of what E85 will do to boats? Are you aware that to convert to E85, we would have to start importing food? And it is a piss poor way to go. There are many alternatives that make much more sense and do not create as many problems. The tar sand oil from Canada is becoming a fast new source. They already have one pipline bringing it into Oklahoma and now they are building a larger pipeline that will take it to other areas and Oklahoma.
I'm optimistic about propane or another low pressure gas as an alternative to barrels of oil. Propane can be made from other hydrocarbon sources such as natural gas, etc. propane "wants" to be a vapor at atmospheric pressure/temp and should be more efficient from a purely fluid dynamics perspective.
Also, propane is not rocket science. people use it daily as a motor fuel. Most of the fork trucks I've seen are fueld with propane.
Liquified natural gas (LNG) is used in trucks by the gas co in Nashville. If your house has service you could refill your boat at the house!
In either case, you would be able to circumvent road taxes! Just a thought.
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