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#1
September 1st 05, 03:47 PM
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What do you think is in the SPR...gasoline?
No. Why? -- Jay Honeck Iowa City, IA Pathfinder N56993 www.AlexisParkInn.com "Your Aviation Destination" 
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#2
September 1st 05, 03:56 PM
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What good is supplying more crude to shut-down refineries going to do?
Mike MU-2 "Jay Honeck" wrote in message news:VvERe.80409$084.5932@attbi_s22... What do you think is in the SPR...gasoline? No. Why? -- Jay Honeck Iowa City, IA Pathfinder N56993 www.AlexisParkInn.com "Your Aviation Destination"
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#3
September 1st 05, 04:24 PM
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What good is supplying more crude to shut-down refineries going to do?
It's replacing the crude that is (temporarily, we hope) not coming in from the Gulf oil platforms that have been displaced or destroyed. -- Jay Honeck Iowa City, IA Pathfinder N56993 www.AlexisParkInn.com "Your Aviation Destination"
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#4
September 1st 05, 04:36 PM
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You don't get it. There is more loss of refining capacity along the Gulf,
than loss of production capacity in the Gulf. There is an EXCESS of crude supply along the Gulf. Mike MU-2 "Jay Honeck" wrote in message news:K2FRe.321353$xm3.17092@attbi_s21... What good is supplying more crude to shut-down refineries going to do? It's replacing the crude that is (temporarily, we hope) not coming in from the Gulf oil platforms that have been displaced or destroyed. -- Jay Honeck Iowa City, IA Pathfinder N56993 www.AlexisParkInn.com "Your Aviation Destination"
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#5
September 1st 05, 05:05 PM
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Really not sure who doesn't get it. When demand exceeds supply, prices
go up and the price of crude has been on a skyrocket. The process is sequential - crude to refining to distribution. If any single step is broken, output stop. The AP reports the Coast Guard says 20 oil rigs and platforms are missing in the Gulf of Mexico. Unless they were drilling for ice cream, methinks there will soon be a crude oil shortage. "Mike Rapoport" wrote in message ink.net... You don't get it. There is more loss of refining capacity along the Gulf, than loss of production capacity in the Gulf. There is an EXCESS of crude supply along the Gulf. Mike MU-2
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#6
September 1st 05, 05:22 PM
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"sfb" wrote in message news:TEFRe.28069$Bc2.4672@trnddc06...
Really not sure who doesn't get it. When demand exceeds supply, prices go up and the price of crude has been on a skyrocket. But crude HASN'T skyrocketed. Watching CNBC shows that crude is currently at 68.85 which isn't THAT much higher than it was last week. Crude hasn't gone up (much), but the refining it has.
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#7
September 1st 05, 05:30 PM
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The post you cut says there is an excess of crude, but the price
increases over the last few months refute that unless the laws of supply and demand have gone sour. Today's prices may be the lull before the storm until the full extent of Kartina is known. "N93332" wrote in message ... "sfb" wrote in message news:TEFRe.28069$Bc2.4672@trnddc06... Really not sure who doesn't get it. When demand exceeds supply, prices go up and the price of crude has been on a skyrocket. But crude HASN'T skyrocketed. Watching CNBC shows that crude is currently at 68.85 which isn't THAT much higher than it was last week. Crude hasn't gone up (much), but the refining it has.
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#8
September 1st 05, 05:34 PM
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"sfb" wrote in message news:TEFRe.28069$Bc2.4672@trnddc06... Really not sure who doesn't get it. When demand exceeds supply, prices go up and the price of crude has been on a skyrocket. The process is sequential - crude to refining to distribution. If any single step is broken, output stop. The AP reports the Coast Guard says 20 oil rigs and platforms are missing in the Gulf of Mexico. Unless they were drilling for ice cream, methinks there will soon be a crude oil shortage. There is a reason why crude is backing down now....it is because people are starting to figure out that.the ONLY customers for crude are refineries. It is thinking like yours that keeps me in business. Mike MU-2
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#9
September 1st 05, 08:00 PM
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sfb wrote:
Really not sure who doesn't get it. When demand exceeds supply, prices go up and the price of crude has been on a skyrocket. The process is sequential - crude to refining to distribution. If any single step is broken, output stop. The AP reports the Coast Guard says 20 oil rigs and platforms are missing in the Gulf of Mexico. Unless they were drilling for ice cream, methinks there will soon be a crude oil shortage. The LOOP system is offline due to power requirements. Once power is restored and suitable destination is available the supertankers can start offloading. That suppliments offshore production, does nothing for increasing refining capacity...
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