P3..today on the Oil Drum theoildrum.com
No one has mentioned this before so I will post it just as a piece of information. US crude oil production fell 144,000 barrels per day from July to August and fell below 5 million barrels per day for the first time since well before the peak in 1970 when unaffected by a hurricane.
Katrina and Rita brought US production below 5 million bp/d for four consecutive months in 2005, reaching a low of 4,204,000 bp/d in September of that year. But there have been no hurricanes to hit the US oil producing area of the GOM since. Production rose to a post Katrina high of 5,240,000 in May of this year but has dropped every month since then. US production for August 2007 was 4,976,000 bp/d.
eia.doe.gov
Ron Patterson
Darwinian on November 12, 2007 - 10:21am
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The independent station in Graettinger, Iowa is out of 87 octane, 89 octane, and diesel. The nearest fuel source for residents would be Estherville or Emmetsburg, both twelve miles away.
The independent station in Ruthven, Iowa is out of 87 octane and diesel but had 950 gallons of 89 octane remaining as of Sunday afternoon. The nearest fuel source for residents would be Spencer, fourteen miles away.
Regional and national chain stations in Spencer are operating all pumps. I did not inquire regarding fuel levels.
Not in Iowa, but as an interesting aside, I have an aunt in Verona, North Dakota, population 200. She says they can get neither diesel nor heating oil and that gasoline has gone to $3.35/gallon at the local independent station. She says but I cannot confirm that the reason gasoline prices and supplies are spotty is due to the lack of diesel with which to delivery the gasoline. They've gone to heating oil rationing, where customers report what their fuel levels are and then (in theory) the co-op delivers what is available to those most in need.
SacredCowTipper on November 12, 2007 - 10:32am
Good night.
Cassandra Dee Rat |
