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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: schrodingers_cat who wrote (49764)9/23/2005 12:08:06 AM
From: schrodingers_cat  Read Replies (1) of 206112
 
The shift in the track of the Rita to the east is really big news because it takes it through an area with many platforms and pipelines.

1/I remember reading an article about a Spar platform and being surprised that it was only designed for 115 mph winds. It was in the western gulf and apparently hurricanes aren't as common there. I don't know if that reflects typical practise in the western gulf but it might.

2/ Western Gulf is gassy and that is where the worst shortage is .

3/ Beaumont and Lake Charles both have a bunch of refineries. Combined there is probably as much as N.O. Both are likely to be affected by the current storm track.

4/ There is an LNG import facility in Lake Charles.

5/ I think the Lake Charles/Beaumont area also has a lot of gas processing plants.

6/The only good news about Rita is that it is a much smaller storm than Katrina...the hurricane winds only go out 80 miles from the center. One other point is that Lake Charles and Beaumont are both a little inland from the coast, but they sit on large lakes connected to the sea. They might not be as vulnerable as N.O. was, but they might be shut down if the shipping channels were blocked.

From about midday tomorrow Rita will start scything through platforms and rigs and unless it weakens greatly it will do a lot of damage there. The further east it goes the more damage there will be, although a direct hit on Houston would also be bad news.
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