<DrumBeat: August 20, 2007The Oil DrumUPDATED: Cantarell and Questions Regarding Mexico's Oil Infrastructure>

51 comments on Hurricane Dean's Impact on Oil Infrastructure

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oilmanbob on August 20, 2007 - 8:48am Permalink | Subthread | Comments top

Professor Goose,
Thank you for staying on top of Hurricane Dean. In my opinion its way too early to be complacent about this storm, its not even hit the Yucatan yet all people seem convinced its still no threat to the United States.

These storms are so big and have so much energy they may behave differently from the models. IMHO its prudent for all Gulf Coast residents to keep watching until Dean it totally disappated after going inland.

I'm surprised that the oil markets seem so calm. Mexico supplies about 10% of the oil imported into the US, and more than half is produced from the area of the storm track projection. Yet the word is to sell contracts, according to CNBC even though PEMEX is shutting in the fields.Bob Ebersole

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mcgowanmc on August 20, 2007 - 9:31am Permalink | Subthread | Parent | Comments top

Arkansawyer

A manic calm.

We err on the side of growth.

Resilience is a cuss word.

As the Fed is tightening credit. Putting a Discount Window
"Band Aid on a Sucking Chest Wound"(Kunstler's Latest).

And we still don't know what that "Low" approaching Brownsville is doing.

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