September 16, 2008

Status Report on Energy Supplies from the Gulf

It looks like if we can be especially frugal in our use of petroleum and natural gas for the next two weeks, we'll be in good shape.

Apparently there is a small amount of natural gas coming out of the Gulf, though most of those pipelines remain shut down.

Most refineries, of course, are concentrated in that region, so of course that will keep the gasoline supplies slow for a bit longer.

The good news is that there appears to be little or no actual damage to the existing oil rigs in the Gulf; apparently all the reconstruction/bracing that was conducted after Katrina/Rita was successful in further protecting the facilities there.

But I with so much of our petroleum supplies coming from the Gulf, I could really go for some OCS drilling right about now. Can I get an "amen" on that?

So, I'll be doing my part by walking to Ralph's for a bit longer . . .

Here's some footage from a news conference held by Red Cavaney, CEO and president of API, about the hurricaneÂ’s aftermath and industry efforts to recover:


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