The Oil Drum

Watching CSPAN this morning I heard that the EIA believe that all the refineries will be back by Christmas- then hastily corrected to say within the limits of approximation.  Then further corrected to there being about 300,000 bd short at that time (which is the Conoco Philips refinery with the flooded switchgear).  They also expected Gulf production to be back at pre-Katrina levels by March, but it was not clear if this included some new production (say Thunder Horse) to make up the losses.

They also predict a slightly colder winter than NOAA, but clarified this by pointing out that they review heating needs, so that they look at who needs what where, rather than overall temperature changes.  Thus there is a difference in the overall perception because, for example, a higher demand for fuel in the North East may over-ride a reduction in the South.

And to be mildly mischievous a response to a comment.