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30 comments on The impact seems widespread, but there is hope
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30 comments on The impact seems widespread, but there is hope
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As for the gasoline markets, I truly hope you're right. But no, I do not share the market's optimism. Only time will tell, I guess.
The pipelines are going, at best, to be slow for a while. The LOOP and Fourchon are, at best, at very limited capacity for a while. The refineries are, in some cases, months away from capacity operation. (and we have, in one way or another, at least comment boxed those events, by the way.) The removal of environmentally-safe/EPA gas requirements are a positive short-term development for supply, but they're not good for the air we breathe. Trade-offs, I guess, eh?
Still, please understand that we don't have some kind of "dark" wish that prices are going to go to $10/gal. That's just not the case. I just think we here at TOD come from the position that the perspective of the US is going to have to adjust to come to grips with how bad Katrina is going to hurt, especially with oil supply/demand as balanced on a knife's edge as they were prior to this event.
Yes, and you missed several of the items. My characterization was correct, you missed them. Further, you guys have been on top of this story like nobody else (which is a good thing) so it struck me as a bit odd that you guys are missing some of these stories.
I'm not saying that, and if I were to take your view on this I'd say you are imputing to me views I do not hold. What I noted was that your view is darker than most. That is, it is possible to want things to work out, but have a more pessimistic view than others. Considering that you wrote,
My take on your position is not all that off. You are not as optimistic as the market...hence more pessimistic, or as I put it a somewhat darker view.
By the way, I'd also suggest that watching the electricity front is a good idea too. From what I've read that appears to be one of the early hurdles many seem to face. Until that one is handled it seems the others are less important. And this is where the natural gas production could come into play. I don't know if LA has lots of coal plants, and I do know Entergy has quite a bit of nuke generation, but is that running or not? My understanding is that bringing a nuke plant back on line is a fairly lone and lengthy process.
Fernando,
Whatever. This kind of comment is just stupid and indicative of trolling, IMO. I haven't said everything is going to be just peachy. In fact, initially I was just as grim in my outlook as the Oil Drum. If you wish to continue posting out of ignorance, feel free, but it only reflects badly on you.
Oh and my views on peak oil in general parallel those of Prof. Hamilton. I guess he's just another rossy viewed econ guy too.
I posted in the comments on Sept 1 about both the Plantation and Colonial pipelines trying to restart (with links to their press releases) as well as the limited resumption of LOOP (they started to unload their first ship since pre-Katrina at 5:00 PM on the 1st and still reported generator problems)
That these items did not immediately become regular posts on The Oil Drum I attribute to the fact that the guys running the site have full time jobs, not that they were trying to not highlight the good news.
We're all looking for good news this week, it seems. I don't believe any malice was intended.
You came here, droped an opinion in the line of "I don't like the pale blue color of your site" and when someone tried to highlight that you are just giving an opinion based on your personal taste by paraphrasing you, you said "you're trolling and making stupid comments".
Well you've just described your comments.
His views? could be, but not his manners, my friend. He does his stuff with style.
Fernando
The "having a different perspective" part is and always been true of TOD...and I hope it continues, because in my view, it's a very valid perspective. Therefore, I take it as a compliment.
Also, Ben's right, we have full time jobs AND maintain this site...so we're gonna miss things.
That's why we count on the amazing community here. You help us more than you ever know. Our commenters are simply amazing resources and they help us SO MUCH...so, I want to take a minute a say "thanks" to all of you.
You let us know we're doing something right, and your help just makes the site better.