Oil reaches Louisiana shores: News in pictures

oil production is in the millions per day Nigel, please read some. My company does more than your talking about.
 
Oil and Gas Production in Gulf of Mexico Up to 20 Percent of Normal
Posted on: Monday, 10 October 2005, 03:01 CDT

By Anonymous

More than 80 percent of oil production and two-thirds of natural gas production remains offline more than a week after Hurricane Rita roared through the Gulf of Mexico.

More than 1.2 million barrels of daily oil production remain shut in, approximately 80 percent of the normal 1.5 million barrel per day production. More than 6.6 billion cubic feet of daily natural gas production remains shut in, about 66 percent of the normal 10 billion cubic feet of daily natural gas production in the Gulf.

Since Aug 26, when production companies began evacuating drilling platforms in anticipation of Hurricane Katrina, 49 million barrels of oil or 9 percent of the Gulf's annual production have been shut in. About 240 billion cubic feet of natural gas production, or about 7 percent of annual production, have been shut in because of the storms.

According to the Minerals Management Service, 289 of 819 drilling platforms and six out of 134 drilling rigs remain evacuated because of damage from the storms.

Oct 2005 over 30,000,000 bbls a month shut in didn't affect the price run up. Ok that is supply side dissing at it's best Kudo's
 
Topspin said:
Oil and Gas Production in Gulf of Mexico Up to 20 Percent of Normal
Posted on: Monday, 10 October 2005, 03:01 CDT

By Anonymous

More than 80 percent of oil production and two-thirds of natural gas production remains offline more than a week after Hurricane Rita roared through the Gulf of Mexico.

More than 1.2 million barrels of daily oil production remain shut in, approximately 80 percent of the normal 1.5 million barrel per day production. More than 6.6 billion cubic feet of daily natural gas production remains shut in, about 66 percent of the normal 10 billion cubic feet of daily natural gas production in the Gulf.

Since Aug 26, when production companies began evacuating drilling platforms in anticipation of Hurricane Katrina, 49 million barrels of oil or 9 percent of the Gulf's annual production have been shut in. About 240 billion cubic feet of natural gas production, or about 7 percent of annual production, have been shut in because of the storms.

According to the Minerals Management Service, 289 of 819 drilling platforms and six out of 134 drilling rigs remain evacuated because of damage from the storms.

Oct 2005 over 30,000,000 bbls a month shut in didn't affect the price run up. Ok that is supply side dissing at it's best Kudo's
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Yeah, I misread the numbers on oil production. Nevertheless, the impact of Gulf oil production on world oil supplies is marginal and resulted in temporary short-term price spikes (although shutting down refineries probably had a bigger impact) not long-term effects 18-22 months out.
 
NigelTufnel said:
Yeah, I misread the numbers on oil production. Nevertheless, the impact of Gulf oil production on world oil supplies is marginal and resulted in temporary short-term price spikes (although shutting down refineries probably had a bigger impact) not long-term effects 18-22 months out.
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The falling dollar had a lot to do with it, but we are still bringing some gulf fields back on and some will never make it back.

Had we had a million barrels more per day in the gulf instead of less gas would have been $2 instead of $4. We did have Hurrican Ike hit a lot of refineries and that also played a part.
 
also that whole world number is a bogus dem talking point. The Gulf of mexico is one of our major supply points if not the major one, so severly limiting supply will have a more direct affect than the same shut in number in Norway.
 
Topspin said:
shifting to Natty gas is the best bridge alternative, even if just for fleet's trucks and 2nd cars until volt like electrics are competetive with gas.
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Natural gas still emits carbon. I'd rather switch to a nuclear/wind/hydroelectric grid and use hydrogen as a medium of energy storage for cars.
 
yeah and nuclear waist never never kills.

Natural gas civic is greener than the Prius, so yes it emits carbon but at a very low rate.
 
Onceler said:
I'm not anti-biz, and I certainly don't think you can just flip a switch. I just think that the characterization of decades, or the idea that maybe we can start to transition mid-century, ignores history.

Technology development throughout history has been exponential, and has generally occurred much faster than the "experts" thought it could before the change took place, whether you're talking about transportation, medicine, industrialization in general, computers, etc.
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If we use nat gas as a stopgap we have to spend the money developing two infrastructures instead of one. How long will it take to get nat gas up? How long will the clean energy grid be delayed because we diverted resources to using nat gas as a stopgap instead of going full ahead? How much will the extra years we spend importing oil if we go full ahead damage our economy? How much extra carbon will unnecessarily be emitted because of the delay in the introduction of the clean energy grid?

You can't just guestimate this kind of stuff, you'd actually have to run the numbers and make some predictions. This isn't going to be solved on a message board.
 
we have enough natural gas for 100 years, it's clean safe and would need less infrastructure than the battery cars you tool don't even know will sell.
 
we are on the low end in Louisiana, cause it's right here. Just got back from the Miami area where gas is barely more than here. WTF they should pay way more
 
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