Oil Slick Stuff

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Saw somethingoutthecornerofmyeye tonight on the news about a crude oil spill with a whole bunch of rail cars...summary was this kind of accident wouldn't have caused all the mess had it been in a pipeline like Keystone..Solution from the green lefties, was to curb domestic production of oil so to keep the crude oil traffic down on rail systems...

My commentary: I think they should allow retroactive abortions on some of the liberals still alive ...just saying.
 
PessOptimist said:
Maybe less loss of life nnuut. Big city rail seems to run through now industrial areas. This one ran right through a town and by a local watering hole where they were celebrating the weekend.

Either way, a tragedy and possible set back for rail shipments of crude oil.
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Could go either way I guess?
hudson-yards-aerial-train-tracks.jpg
 
Less Crude Oil reserves, what does that mean?:confused:
[TABLE="class: tablewrapper"]
[TR]
[TD="class: econo-reportname, colspan: 2"]EIA Petroleum Status Report
[/TD]
[/TR]
[TR]
[TD="colspan: 2"]

[TABLE="class: actual_consensus_box"]
[TR="class: actual_consensus_toprow"]
[TD]		Prior
Actual
Crude oil inventories (weekly change)
Gasoline (weekly change)
Distillates (weekly change)

[TD="class: econo-releaseinfo"] Released On 7/17/2013 10:30:00 AM For wk7/12, 2013
[/TD]

[TD="class: actual_consensus_box_numbers"]-9.9 M barrels
[/TD]
[TD="class: actual_consensus_box_numbers"] -6.9 M barrels
[/TD]

[TD="class: actual_consensus_box_numbers"]-2.6 M barrels
[/TD]
[TD="class: actual_consensus_box_numbers"] 3.1 M barrels
[/TD]

[TD="class: actual_consensus_box_numbers"]3.0 M barrels
[/TD]
[TD="class: actual_consensus_box_numbers"] 3.9 M barrels
[/TD]
Economic Calendar - Bloomberg
[/TD]
[/TR]
[/TABLE]
[/TD]
[/TR]
[/TABLE]
 
On the way up everywhere, making' me sick:sick: Because of Egypt, I don't think so supply was down in crude but had plenty of Gas, so they are raising prices based on oil that hasn't been refined? Crooks and pipeline haters.:cool:
 
U.S. oil tops price of global crude

By JERRY WOFFORD World Staff Writer on Jul 20, 2013, at 2:28 AM Updated on 7/20/13 at 4:17 AM
Terry pointed to increased transportation capability at Cushing as a reason for the price increase. With more pipelines in operation and more oil traveling by rail, the bottleneck 60 miles west of Tulsa has started to erode.

"We always knew it was more takeaway from Cushing that would be the answer, but I didn't see it coming this fast," Terry said.

More pipeline projects are under construction out of Cushing, he said, and the market is being affected by the anticipated increase in capacity.

Refineries, especially those inland with more difficult access to Brent crude, could see the narrowing gap as a problem for their profitability, Kloza said.
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U.S. oil tops price of global crude | Tulsa World
 
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