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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: russwinter who wrote (16428)7/10/2004 7:26:51 PM
From: Elroy Jetson  Read Replies (1) of 110194
 
I think an attack on a refinery would have minimal effect.

Even with far higher security than most facilities, an attack would still be possible. But it's difficult to imagine how an attack would have lasting results.

Refineries, by design, are low-density facilities designed in a way that the prevents damage to surrounding processing units in the event that one unit fails in a catastrophic manner.

Employees are not congregated in any one locations and equipment operators are located in blast-proof underground structures.

I think the most disruptive event would be an explosive releasing the hydrofluoric gas stores, which are highly corrosive.

But each processing unit in a refinery is essentially re-built during each 18 month overhaul, which typically lasts three to six weeks.

At worst, you have disrupted refinery output for six weeks and killed perhaps twenty employees. I just don't see the impact.
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