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37 comments on Oil at $70, NG close to $12 on NYMEX in Sunday pre-market

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Anonymous on August 28, 2005 - 4:16pm

Also note unleaded up $.20; does anyone have a map of refinery and petrochemical plant locations and elevations in SE LA?

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Prof. Goose on August 28, 2005 - 4:17pm

http://www.pannexresearch.com/katrina/LAOil.gif

(just posted it in the post prior to this one in an update...)

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Anonymous on August 28, 2005 - 4:21pm

Fantastic map; thanks. I've driven the levee road north from NO a few times and the density of basic materials industrial plants is amazing. However, seeing the faces of the children still in line to get into the Superdome puts the industrial damage in perspective.

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ClintB on August 28, 2005 - 4:39pm

New here - Great Map - Looks like 700K+ of Barrels per Calendar Day (BCD)of refining is within 30 miles of the eye outside diameter. Does this correlate with any GOMEX experimental data?

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Prof. Goose on August 28, 2005 - 4:40pm

Clint: GOMEX is just production, not refining. As far as I can tell, two different animals, but I could be wrong.

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Peak Oil Primers

“This order [i.e. capitalism] is now bound to the technical and economic conditions of machine production which today determine the lives of all the individuals who are born into this mechanism, not only those directly concerned with the economic acquisition, with irresistible force. Perhaps it will so determine them until the last ton of fossilized coal is burnt.”

—Max Weber, 1905