Oil Slick Stuff

FWIW here is the history around here.
3/9/2009 $1.999
3/9/2009 $1.979
3/14/2009 $1.899
3/16/2009 $1.919
3/23/2009 $1.879
4/3/2009 $1.879
4/19/2009 $1.839
5/10/2009 $1.929
5/22/2009 $2.219
6/9/2009 $2.579
6/19/2009 $2.719
7/5/2009 $2.629
07/25/09 $2.459
08/01/09 $2.499
08/14/09 $2.649
08/29/09 $2.629
09/21/09 $2.559
10/08/09 $2.419
10/29/09 $2.499
11/6/2009 $2.539
 
Batten Down The HATCHES!!

Hurricane Watch Issued for Louisiana, Mississippi as Ida Moves North

Sunday, November 08, 2009
foxnews_story.gif


  • NOAA
Satellite image of Ida.

MIAMI — A hurricane watch has been issued for coastal Louisiana and Mississippi as Hurricane Ida begins making its way through the Gulf of Mexico toward the U.S.
Ida could reach the northern Gulf Coast by Tuesday.
Forecasters at the National Hurricane Center in Miami said Sunday morning that the watch does not include New Orleans and stretches from Grand Isla, La., to the Mississippi-Alabama state line. The watch means hurricane conditions are possible within 36 hours.
A hurricane warning remained in effect for parts of the Yucatan Peninsula meaning hurricane conditions are expected within 24 hours.
Ida's winds remained at 90 mph, making it a Category 1 storm. It was moving toward the northwest at 10 mph, and was centered about 75 miles northeast of Cozumel, Mexico.
http://www.foxnews.com/story/0,2933,573003,00.html
View attachment 7177
 
Here we go:

UPDATE 2-Oil cos shut output in Gulf due to hurricane

Sun Nov 8, 2009 8:05pm EST


* BP, Marathon shut production in Gulf of Mexico
* Louisiana Offshore Oil Port stops tanker offloading
* Chevron, Anadarko evacuating workers, no output shut
* Exxon preparing for possible shutdowns (Adds BP, Marathon output shut, Exxon preparing for possible shutdowns, helicopter company comments, double byline)

By Erwin Seba and Bruce Nichols
HOUSTON, Nov 8 (Reuters) - U.S. oil companies were shutting production on Sunday as they evacuated workers from the Gulf of Mexico ahead of Hurricane Ida, which is forecast to roar across the offshore oil patch Monday before making landfall on Tuesday.

http://www.reuters.com/article/marketsNews/idUSN0820227820091109

(p.s.- fill up the tank- prices about to spike upward, for sure. )
 
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Hurricane Ida Kills 91 in El Salvador


  • Published: November 8, 2009


CANCÚN, Mexico (Reuters) — Hurricane Ida roared toward the Gulf of Mexico on Sunday after killing 124 people and leaving at least 60 others missing in floods and mudslides in El Salvador.
The storm swept past the Mexican resort of Cancún, doing little damage here, and is expected to weaken gradually on Monday as it heads toward some of the oil and gas production facilities in the central gulf, the United States National Hurricane Center said.
 
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pretty certain this is a rain event at best... no matter what the media tries to scare you into believing.
 
Yep, I agree it can't do too much to the Oil Rigs with the wind speed that low. They are afraid that they will make a prediction and it be WRONG!! No, No can't have any guessing. Air and Water are cooler that will limit the damage, hopefully.:worried:
 
FYI ;)

1/05/2001 - Updated 11:56 AM ET
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Major storms, U.S. hurricanes rare in November
When Hurricane Michelle became a major hurricane with winds of 135 mph on Nov. 3, 2001, it was the first major Atlantic Basin hurricane in November since Hurricane Lenny in 1999 and only the sixth major hurricane in any November since 1900.
November hurricanes that hit the USA are even rarer than major November hurricanes. Only four hurricanes have hit the USA in November since 1900 and these were all were category 1 storms that hit Florida. While Michelle's tropical storm force winds (39 to 73 mph) hit Florida, its eye didn't cross the coast, which means the storm "brushed" but didn't hit the USA.
Read more below
 
Looks like that our friend.....................................................................................................................IDA may be running up the price of GAS and OIL!!:sick: View attachment 7188
 
Looks like that our friend.....................................................................................................................IDA may be running up the price of GAS and OIL!!:sick: View attachment 7188
Last time Oil was over $80.00, was because a Seagull crapped on an oil rig in the Gulf.:rolleyes:
 
Tropical Storm Ida Activity Statistics Update – November 9, 2009
Minerals Management Service monitors activities through its Continuity of Operations Plan





NEW ORLEANS — Offshore oil and gas operators in the Gulf of Mexico are evacuating platforms and rigs in the path of Tropical Storm Ida. The Minerals Management Service’s Continuity of Operations Plan team is monitoring the operators’ activities. This team will be activated until operations return to normal and the storm is no longer a threat to the Gulf of Mexico oil and gas activities.
 
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Key oil figures were distorted by US pressure, says whistleblower

Exclusive: Watchdog's estimates of reserves inflated says top official


The world is much closer to running out of oil than official estimates admit, according to a whistleblower at the International Energy Agency who claims it has been deliberately underplaying a looming shortage for fear of triggering panic buying.

The senior official claims the US has played an influential role in encouraging the watchdog to underplay the rate of decline from existing oil fields while overplaying the chances of finding new reserves.


More: http://www.guardian.co.uk/environment/2009/nov/09/peak-oil-international-energy-agency
 
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We're running out of OIL!!! Get those windmils UP, Plant that CORN, but please don't look for more!:sick:

11/10/2009 - Updated 7:03 AM ET
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Crude futures edge down ahead of API inventories IEA's World Energy Outlook sees use resuming upward trend
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By Polya Lesova, MarketWatch

FRANKFURT (MarketWatch) -- Crude-oil futures traded marginally lower Tuesday, as the threat posed to Gulf of Mexico oil and gas installations by a tropical storm receded.
Crude for December delivery fell 6 cents to $79.37 a barrel in electronic trading on Globex.
http://markets.usatoday.com/custom/usatoday-com/html-story.asp?markets=COMMODITIES&guid=%7BF122BBBB%2D9075%2D44EB%2D995B%2DE75830308129%7D
 
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