Filed under: maps, Uncategorized | Tags: crude oil supply, Cushing, EIA, energy, oil pipelines, oil transportation, petroleum products, pipeline map, refineries, US oil production, WTI
Via EIA:
This Week In Petroleum Summary Printer-Friendly Version.
Filed under: Uncategorized | Tags: Chris Christie, gas rationing, gas supplies, gasoline, gasoline shortage, gasoline stocks, petroleum products, refined petroleum, refineries, transportation, urban cycling
The lines themselves only exacerbated the problem; reports in the local media provoked drivers to buy gasoline before stations ran out. Some spent what fuel they had searching for more and could be seen pushing vehicles toward relief.
“I just want to have it, because you don’t know how long this is going to last,” said Richard Bianchi, waiting in the half-mile line at the Sunoco in Union with a tank that was three-quarters full.
via Gasoline Runs Short, Adding Woes to Storm Recovery – NYTimes.com.
This is also what happened after Ike n’ Katrina Gustav in many areas of the South when the refineries went out. (2008 — As described in Cyclist’s Manifesto.) Scarcity of supply does not cause the people to get together, conserve and steward resources. In fact it causes just the opposite reaction. They go nuts, and try to acquire more fuel than they ever did before, faster than they ever did before. Petrol panic! Every man for himself!!
When the going gets tough, the tough do not get going.
Politicians could get pro-active by (1) telling the truth (2) encouraging conservation so those who most need fuel (those who perform critical tasks for the rest of us, for instance) will have it, and (3) instituting a temporary rationing program in advance of supply problems like this, which are easily predicted.
Ha! Can you imagine? No wonder Chris Christie looks like a deer in the headlights.
Filed under: Uncategorized | Tags: cabotage, east coast refineries, EIA, impact of refinery closures, Jones Act, refineries, refinery closures, tankers
The little-known Jones Act. Via the EIA’s report on potential refinery closure impacts: http://www.eia.gov/analysis/petroleum/nerefining/update/pdf/neprodmkts.pdf
(The impact of refinery closures, by the way: Potential short-term supply disruptions and price spikes, due to transportation and other logistical issues. It’s not that there won’t be enough gasoline, there just might not be enough for a while in those places that used to be supplied by the shut refineries. Then, those supply networks are developed and those problems ease, although longer supply lines may add some to the final retail price.)
Filed under: Uncategorized | Tags: Brent, Chris Cook, cornucopianism, EROI, market manipulation, Naked Capitalism, peak oil, refineries, WTI
…has little to do with geology, EROI and all that, and everything to do with manipulation by market players. An interesting take, although I don’t get on board with any analyst that completely ignores an entire wing of the mental hospital of energy ideas.
http://www.nakedcapitalism.com/2012/02/chris-cook-the-oil-end-game.html
Filed under: Uncategorized | Tags: energy, Japan, kurashiki, kurashiki refinery, refineries, refinery accident
Five men are missing here after an undersea tunnel collapsed during construction: http://news.yahoo.com/five-missing-japan-refinery-tunnel-collapse-055445790.html
Filed under: Uncategorized | Tags: BP, Chevron, EIA, Exxon, Exxonmobil, Koch Industries, Marathon, oil refineries in the US, Premcor, refineries, refinery throughput, Suncor, Sunoco, Tesoro, US refineries, Valero
Top U.S. Refineries – Energy Information Administration. Energy Rankings.
Filed under: Uncategorized | Tags: Brent, energy, gasoline consumption, gasoline demand, gasoline prices, Magic Land, oil demand, refineries, refinery closings, USA Today, WTI
We live in Magic Land.
Refinery closings could push gasoline prices back to $4 – USATODAY.com.
Filed under: Uncategorized | Tags: Brent, crude oil prices, Cushing, EIA, feedstock, refineries, refinery, refinery acquisition costs, This Week in Petroleum, US refineries, WTI
The cost of the raw material varies greatly around the country. This is the featured chart on EIA’s This Week in Petroleum.
Filed under: Uncategorized | Tags: energy, energy consumption, gas prices, liquid fuel, oil, peak oil, refineries, U.S. average gas price
Via Calculated Risk.
We almost always ramp up the price in the spring.