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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Snowshoe who wrote (73473)5/12/2010 1:55:37 PM
From: Maurice Winn1 Recommendation  Read Replies (2) | Respond to of 74559
 
Snow, you can observe a couple of things from that photo. Notice that it's not black and tarry. The balls of tar on the beach they found were probably dog poop rolled in sand, or maybe a piece of goop washed off a cable on a ship [they put grease on cables, cogs and what have you].

Notice also how it's light coloured, meaning it reflects more light than it lets into the water. Normally, sunlight is all absorbed [nearly] into water. So the oil slick will cause global cooling. Maybe even cause the tipping point into glaciation.

But before that happens, there are some good effects.

Ships will go through the slick and get free rust protection. Ships will last longer. They won't get barnacles and stuff growing on them.

Enterprising ship operators can refuel at sea = just suck up the oil they go through, saving a lot of money at $80 per barrel.

But more important, the spill will reduce hurricanes. Water evaporation will stop. Water evaporation feeds hurricanes. With a cooler ocean surface, less thermal expansion of air will mean less hurricane formation too. The goopy surface will also cut down waves - due to viscosity being so high compared with water.

It will drift up the Atlantic coast, dwindling as it goes providing those benefits on the way to the Arctic.

But it's not all good. Every silver cloud has a dark lining. Dolphins will need to watch out for it. Breathing through that oil will NOT be fun.

Mqurice