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September 01, 2005

Oil To Flow on Friday

Looks like the pipelines are in pretty good shape. Generators are being turned on, and the companies hope to have full capacity in the pipelines on Friday, where they will flow to Gulf refineries.

It'll be a week before some of the closed refineries come back online, and longer before all 8 are back, but the refineries that are open seem to be refining every bit of oil they can get their hands on.

Looks like there's going to be some pain in the wallet for many drivers for the next week or two, but no long-term shortages based on the current situation.

Posted by shamanic at September 1, 2005 11:39 AM | TrackBack
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"An odd point of view to say the least."
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Typing loudly from Atlanta, GA, since 2003.
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