The Oil Drum | The impact seems widespread, but there is hope

30 comments on The impact seems widespread, but there is hope

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Steve Verdon on September 2, 2005 - 9:06am

You guys seem to have missed some items of good news (link). Capline is back in limited operation, and the Plantation pipeline. The damage at Port Fourchon doesn't seem to be all that bad, and the biggest problem is getting electricity restored. The LOOP started pumping operations, and the Valero St. Charles refinery just restored power and had 1/4 of their workers show. Plus the EPA just issued a limited waiver on gasoline requirements. Could all these things be why gasoline has retreated from its high prices the other day?

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dl on September 2, 2005 - 10:23am

What does "a limited waiver on gasoline requirements" mean?

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gunnk on September 2, 2005 - 10:27am

If I'm not mistaken, it means we can draw on winter fuel stocks now which normally cannot be sold until after September 15. The summer stocks have anti-smog additives which the winter stocks don't By letting us use winter stocks we can lessen the impact of the refinery outages while the refineries get back into operation. It will mean a little addition smog in some areas, so there is some downside.

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dl on September 2, 2005 - 2:30pm

Thanks for the information, I thought it would be something like that.

I consider this is a litmus test for how Western civilization will deal with energy reductions in the coming years. And it does not bode well for the future. When push comes to shove, we'll burn dirty gasoline, do anything to keep the machines running, and to hell with the consequences. (Ah, we'll deal with that next year).

Shows how much weight the issues of environmental protection carry.

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30 comments on The impact seems widespread, but there is hope

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