by Tanada » Mon 06 Jun 2005, 07:40:36
Watched the whole thing last night, it was kind of a sad attempt IMO. They had Gasoline zooming up out of controll for the loss of just 10% of supply. I beleive prices would do a rapid climb, but the bulk of the SPR would be availible to make up the 10% loss. Drawing 2 mbd from the SPR would give you almost a year to get the huricane damage to the oil terminal repaired and imports back in place, that is in reallity what the SPR was designed to do.
Also if the price jumps upward to $8.00 per gallon all long haul trucking will cease and desist because it will be a major money looser. Short haul trucking will get a great deal more expensive. None of the auto companies will keep building SUV's and gas guzzlers for long because even executives in their ivory towers can read that kind of writing on the wall.
No way in hell does the Oil Czar get to cancel farm subsidies, the budget is a congressional function and no farm state senator or congressman will allow such a deal. California alone has enough representatives to kill any such attempt, and a lot of their economy is deasert farm driven.
The statement about shifting oil tankers from Houston to California was just plain stupid, the pipeline network would not allow the bulk of such oil to cross the rockies. You would end up with gas in CA and WA and OR at $2.00 per gallon while it was $8.00 in the country east of the rockies. That might save a good chunk of the American economy, but it would be pollitically unacceptible.
People freezing to death in Boston must be stubborn fools, why didn't the ambulance EMT move in with her mother or vice versa so that their combined income would pay for the heating oil? Same thing for most of the others predicted to die, you pull into your family unit when the crunch comes or you suffer for it, the vast majority will swallow their pride and move back home or move mom/dad/grandpa in with them. How evil are you to let your mother freeze to death because you don't want her to live with you?
$this->bbcode_second_pass_quote('Alfred Tennyson', 'W')e are not now that strength which in old days
Moved earth and heaven, that which we are, we are;
One equal temper of heroic hearts,
Made weak by time and fate, but strong in will
To strive, to seek, to find, and not to yield.