Ron:
There was a story circulating on one of the sites about last December, possibly Roleigh Martin's, quoting an inside source at one of the major refineries as saying that it was NOT feasible/possible to solve a refinery's chip problems, that it would be more feasible to build a new refinery from ground 0, taking 2.5-5 years. He stated that there would be a great likelihood that they may not be able to refine ANY oil as of Jan 1-NONE!
A follow-up to that, who listed his credientals as a expert in refining thought that this assessment was overly pessimistic- the thought that at least (summmary) 40% was a more likely figure!
Have you read Cheveron's report?
Based on all the reports I've read, I would not discount the possiblity that refining, only based on their own chip malfunctions,
may likely be down....and indefinitely! And, thus the dominoes fall!
My extremely pessimistic predict on that basis alone would be far more dismal, if I factored in other aspects of the infrastructure simultaneously disrupted, much less banking, heavy transport, etc.
I have been warning individuals, the last on the priority food chain of allocatable scarce gas at the pumps, to plan on worst, but most logical case senarios, such as rationing, and at heretofore unbelieveable prices,
but more probably...no gas for their autos....indefinitely...unless in a vital profession, such as physicians, or programmers or engineers working on the grid.....
Ken
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