SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: russwinter10/10/2004 9:27:32 AM
  Read Replies (1) of 110194
 
The Chinese school of chain reaction economic Train Wrecks. Use diesel for electrical generation backup, and deplete the world's distillate stocks. Transportation about to hit the wall. Rhetorical question, how does China add to their grid with above ground copper inventores heading to zero, expensive proposition? Second rhetorical question, what do all these tankers running mystery supplies of distillate run on?

CHINESE AUTHORITIES WARN OF FURTHER POWER CUTS 10-07-2004

Chinese authorities have warned that further power shortages are likely in many eastern provinces and the city of Shanghai over the winter and autumn, the BBC reports. The end of the summer has led to a respite in domestic electricity demand, however, the onset of colder weather will result in a gap between supply and demand of some 17 million kW , according to the vice-president of the East China Power Grid. Only when new power stations are added to the grid in 2006 are the power shortages expected to ease.

US REFINERS FACING DIFFICULTY IN BUILDING WINTER STOCKS 09-28-2004

Disruption to oil production in the Gulf of Mexico by recent hurricanes, is likely to prevent US refiners from building stocks of distillates to normal levels prior to the onset of colder winter weather. Distillates include heating oil and diesel.

The hurricanes have also affected refineries in the area, reducing supplies of gasoline, stocks of which fell by 2.8mb (1.4%) last week, to reach their lowest level since April. Any shortfall in stocks in the run up to winter is likely to increase tanker demand to import replacement supplies.

See chart on US distillate production:
tonto.eia.doe.gov
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext