tag:blogger.com,1999:blog-99704500378481622.post2347561389003997976..comments2023-10-14T08:23:14.641-07:00Comments on The American Energy Crisis: If...A Quaker in a Strange Landhttp://www.blogger.com/profile/15425198389944137571noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-99704500378481622.post-39217483972651464252011-02-24T12:06:17.617-08:002011-02-24T12:06:17.617-08:00They were built with the assumption of one way flo...They were built with the assumption of one way flow but I would assume that the pipelines could flow in either direction. at the very least it shouldn’t take more than adding a few booster pumps to maintain pressure. However, sometimes seemingly simple things get complicated in a hurry so who knows. <br /><br />Best,<br />DanAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-99704500378481622.post-10964363077982914052011-02-24T11:52:55.392-08:002011-02-24T11:52:55.392-08:00I'm told there is more capacity in than out ri...I'm told there is more capacity in than out right now. It is easy for me to be wrong.<br /><br />Regards,<br /><br />Coal GuyAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-99704500378481622.post-39047855771269154702011-02-24T08:24:06.205-08:002011-02-24T08:24:06.205-08:00Coal guy,
Ya lost me. We already have a product p...Coal guy,<br /><br />Ya lost me. We already have a product pipeline from Huston on to Lake Charles then on to Cushing; as well as several petroleum pipelines running from Huston to Cushing via Midland. What difference will another one make?<br /><br />Best,<br />DanAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-99704500378481622.post-49937873224303844422011-02-24T07:25:13.013-08:002011-02-24T07:25:13.013-08:00Donal,
A pipeline from Canada to Cushing, Okl...Donal,<br /><br /> A pipeline from Canada to Cushing, Oklahoma was just completed. Oil is running into Cushing faster than it can be shipped out, creating a local glut. WTI is priced at Cushing. There is a pipeline under construction to the Gulf of Mexico. When it is complete, prices will normalize.<br /><br />Regards,<br /><br />Coal GuyAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-99704500378481622.post-82491666197053793992011-02-24T02:40:34.068-08:002011-02-24T02:40:34.068-08:00Maybe those special someones in MENA know somethin...Maybe those special someones in MENA know something we don't.<br /><br />Perhaps Iran really is only interested in nuke reactors for energy. Perhaps the fields are drier than some suspect. Perhaps there was really no long term need to control Iraq's production so we begin to pull out and let China under bid us for what little is left.<br /><br />If the gig is all but up maybe it is time for them to move and consolidate.<br /><br />Or maybe it is all BS. It is getting very interesting fast however.<br /><br />It certainly looks like almost every major player in the world is "prepping" but the West and I find that a little bit disconcerting.PioneerPreppyhttps://www.blogger.com/profile/09269878017447335944noreply@blogger.comtag:blogger.com,1999:blog-99704500378481622.post-80478341852255061722011-02-24T00:50:52.946-08:002011-02-24T00:50:52.946-08:00I note that many blogs seem to think that oil goes...I note that many blogs seem to think that oil goes up, then comes down again. It might not, for several reasons;<br /><br />Saudi King Abdullah has just promised 37 billion dollars to defuse problems, not least related to 40% unemployment for 18-25 year olds. Who would you guess is going to pay for that?<br /><br />If Gaddafi stands or falls, Libya will be spending fortunes; on internal security, or calming the masses, or providing all those things a new democracy needs,so the Export Land Model will kick in. Net exports will plunge for years.<br /><br />In fact ALL the countries in the region and all the oil producers will spend more at home; they have to, either way.<br /><br />Then there are the other vulnerable countires, also running scared; even Zimbabwe has cracked down and arrested some intellectuals who met to discuss what was happening in the M.E! What happens if Nigeria gets on board with all this? The Delta region has been in turmoil for years.<br /><br />Then we haven't even started the other commodities......<br /><br />BTW, its interesting to see the increased spread between Brent and West Texas crude; is that because Europe is more vulnerable to the M.E. situation? Or because the U.S. has falling demand? I see $117 for Brent this morning in Europe!!!Donal Langhttps://www.blogger.com/profile/03421610061804732275noreply@blogger.comtag:blogger.com,1999:blog-99704500378481622.post-11830044333462921972011-02-23T23:44:50.760-08:002011-02-23T23:44:50.760-08:00One thing that might be important, although never ...One thing that might be important, although never discussed for some reason, is the religious makeup of KSA. The ruling Wahhabi inhabit mainly the center of the peninsula with other sunnis the west along with a pocket of shias. However, the oil bearing regions to the east are predominantly inhabited by the marginalized shias<br /><br /><a href="http://gulf2000.columbia.edu/images/maps/MidEastReligionCore_sm.jpg" rel="nofollow">Map</a> , <a href="http://gulf2000.columbia.edu/images/maps/MidEastReligionCore_lg.jpg" rel="nofollow">large map</a><br /><br />Also, has anyone else noticed the difference in policy between Egypt and Libya? We were calling for Mubarak to step down once it became apparent he wasn’t going to be able to hang on; while on Libya we are going to address it with the UN, which means we want to look like we are doing something while accomplishing nothing. I’m wondering if it is because of the difference in the nature of the protests. <br /><br />Both Darnah and Benghazi are terror havens that have seen islamist uprisings before. Amongst captured insurgents in Iraq Libyans are the second most numerous just behind behind the Saudis. Mainly members of The Libyan Fighting Group (LIFG) from the aforementioned cities. Perhaps, unlike Egypt, we aren’t worrying about radicalizing the protesters in Libya because they are already radicalized; and instead we are staying out of the way as our enemies slaughter our enemies, and vice versa.<br /><br />Best,<br />DanAnonymousnoreply@blogger.com