"More than 95 percent of Gulf oil production lost"
http://www.nola.com/newsflash/louisiana/index.ssf?/base/news-18/1125430141147720.xml&storylist=louisianasnip:
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The U.S. Minerals Management Service said 645 of the 819 staffed production platforms in the Gulf were shut down,
delaying production of 1.43 million barrels of oil. On a normal day, the Gulf produces 1.5 million barrels.
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and the reason that will be from now on given - gas prices are high for reasons out of our control. God must want it this way....
but there are recent impacts of major hurricanes to hit the all-important oil machines.....
snip:
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Hurricane Emily delayed production of 240,024 barrels of oil and 1.58 billion cubic feet of natural gas. Hurricane Dennis interrupted the production of 5.29 million barrels of oil and 23.3 billion cubic feet of gas. Tropical Storm Emily delayed production of 312,127 barrels of oil and 1.7 billion cubic feet of natural gas, the MMS said.Last fall's Hurricane Ivan damaged seven platforms, 100 underwater pipelines and resulted in the loss of nearly 44 million barrels of oil production between September 2004 and February 2005.
The Gulf normally produces 547.5 million barrels of oil and 3.65 trillion cubic feet of gas a year.-----------------------
do you for one minute think the oil compaines are trying to minimize the cost they can pass on to the consumer?
price gouging is nothing new, but I feel it coming on strong across the nation now, don't you?
New levels.
Its not like we haven't had hurricanes disrupt the gulf oil supply before.
and what choice do we have but to take their word for it?
they ain't risking a profit, you can bet on that