Industrialized Cyclist Notepad


The Bottleneck

pipeexpandeia

Via EIA:

This Week In Petroleum Summary Printer-Friendly Version.

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Meanwhile, a guy named Buick is on his bike and not in a panic

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.



Jones Act

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.)



Chris Cook’s take on oil prices

…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



Kurashiki refinery complex
February 8, 2012, 20:16
Filed under: Uncategorized | Tags: , , , , ,

Five men are missing here after an undersea tunnel collapsed during construction: http://news.yahoo.com/five-missing-japan-refinery-tunnel-collapse-055445790.html



U.S. Refineries ranked by output

Top U.S. Refineries – Energy Information Administration. Energy Rankings.



Here is an article about gasoline prices that carefully avoids mentioning the price of oil

We live in Magic Land.

Refinery closings could push gasoline prices back to $4 – USATODAY.com.



Refinery purchasing costs by region

The cost of the raw material varies greatly around the country. This is the featured chart on EIA’s This Week in Petroleum.



U.S. average gasoline price chart, 6 years

Via Calculated Risk.


click to enlarge

We almost always ramp up the price in the spring.