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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: stevedhu who wrote (74285)9/22/2000 5:15:33 PM
From: upanddown  Read Replies (1) of 95453
 
Steve

They are talking about a million barrels a day for 30 days. That seems wildly optimistic. When this was also an issue last spring, someone mentioned that 100K might be the daily maximum. Where is the pipeline and refinery capacity? I also read on the FGH thread recently that salt dome storage can have a degrading effect on oil so it may not be suitable for some refineries. It is amazing the way the logistical details are glossed over.

John
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