Intial damage to Oil

Discussion in 'Commodity Futures' started by protrader-2K5, Aug 29, 2005.

  1. Does anyone know the inital damage to oil rigs, refiners, etc?

    I thought there would be more info by now... but maybe I'm not looking in the right place.
     
  2. JayS

    JayS

    You will hear more tomorrow (some news in the morning picking up in the afternoon). I work for a oil co., right now its people first property second.
     
  3. newbunch

    newbunch

    They showed on the news and oil rig stuck under a bridge in Mobile. They didn't say how far the rig moved to get there.
     
  4. newbunch

    newbunch

    I should have also mentioned that they no idea how to dislodge the rig from the bridge.
     
  5. JayS

    JayS

  6. Thanks JayS

    As many people now know... its not the wind that does the primary damage... it's the flooding.
     
  7. JayS

    JayS

    Some new headlines coming out:

    - PENTAGON PLANS HURRICANE RELIEF

    - Mayor: 80% of New Orleans under water. Both airports under water. 2 block wide levee break pouring water in, water still rising. Some parts under 20 feet of water. I-10 causeway utterly destroyed...

    - Jefferson Parish under Marshal Law. No one being allowed into New Orleans.

    - Breaches of levee on south shore....

    (protrader-2K5: your welcome, thanks for your posts)