[Starvid]

Well god damn it.

Didn't that Pentagon study say hurricane+Nigeria troubles+Saudi terrorism equal $150 oil?

[Eli]

I guess two out of three means 100 dollars a barrel?

[ChadP]

I wonder how long it will be until Nigerian spammers ofter oil... "We have 500 (FIVE HUNDRED) barrels of oil that we will gladly sell you for $50 (FIFTY) American Dollars per barrel"...

[BabyPeanut]

$this->bbcode_second_pass_quote('', '[')url=http://news.bbc.co.uk/1/shared/spl/hi/picture_gallery/04/africa_fighting_for_nigeria0s_oil/html/5.stm]Magic charms (link)[/url]
Mr Dokubu-Asari's supporters do not just rely on weapons - they also claim to have supernatural powers.
This man says that the leaf tied to his head protects him from machetes and bullets. Others carry their leaves in their pockets, or hidden under their hats.
The Ijaw strongly believe in their god of war - Egbisu.
If a person is killed despite carrying a charm, it is blamed on their having committed "impure deeds".

[gnm]

The leaf wouldn't work for me, on account of "impure deeds"....

-G

[Shadizar]

People with no fear of death are the most dangerous kind. (rough quote of someone much wiser than I).

-Shadizar

[Cyrus]

How much closer to "oil-storm" can this be?

[stu]

$this->bbcode_second_pass_quote('', 'A') company source told Reuters news agency that only about 8,000 barrels per day were affected at Idama

[BabyPeanut]

$this->bbcode_second_pass_quote('Cyrus', 'H')ow much closer to "oil-storm" can this be?

[FoxV]

Not only is nigeria a big producer, but its a big producer of high quality oil. Two thirds of its production is Sweet and Light.

I believe its reputed as having the highest percentage of Sweet and light of any producer in the world.

[PrairieMule]

Nigerian instability is a subject that scares the shit out of me. My Dad spends 6-8 months a year at the Shell/BP compound and everything you said about the British pull out is absolutely true. Since the British left the whole country is reduced to waring tribes and corrupt goverments. There is absolutely no law and justice is handled by Vigalante mobs. Dad usually keeps $2000 in his wallet when the army shakes him down(Goverment is very bad about paying salaries). Everything is run by bribes with the Nigerian Goverment.

[Starvid]

$this->bbcode_second_pass_quote('Shadizar', 'P')eople with no fear of death are the most dangerous kind. (rough quote of someone much wiser than I).
-Shadizar

[BabyPeanut]

$this->bbcode_second_pass_quote('', '[')url=http://www.alertnet.org/thenews/newsdesk/IRIN/7f2c3562248dab8928f501d25e5545d0.htm]NIGERIA: Militants shut oil facilities as leader appears in court (link)[/url]
22 Sep 2005 19:26:22 GMT
Source: IRIN
ABUJA, 22 September (IRIN) - Militants loyal to Moujahid Dokubo-Asari said they had taken over several oil facilities in the Niger Delta on Thursday, as Nigerian officials said the militia leader would be charged with treason.

Dokubo-Asari, the head of Niger Delta People's Volunteer Force (NDPVF) who has repeatedly clashed with the Nigerian authorities over oil issues, was arrested two days ago.

He appeared in court on Thursday where a judge ordered he be detained for a fortnight while prosecutors prepared their case.

"This is the highest form of dictatorship," Dokubo-Asari, wearing a blue robe, told reporters before he was whisked away in a police van.

[Jake_old]

demand destruction in action

[Starvid]

That's supply destruction. But it will likely fuel demand destruction here at home.

[BabyPeanut]

Rita shifts north
$this->bbcode_second_pass_code('', 'Overall Production Impact Estimate as of 09/22/2005 17:16
Short Medium Long Very_Long
Oil 41.1% 16.2% 13.9% 12.3%
Nat Gas 50.9% 25.3% 16.6% 8.2% ')

[Shadizar]

Starvid,Are YOU willing to go to those production facilities to secure our oil supply?
I don't know about you, but I'm not. Before you accuse me of being a "bleeding heart liberal" I did spend 4 years in the military. I for one don't think its worth my life (or the lives of the brave men and women of the armed forces) to do that. Its their country.
-Shadizar

[Jake_old]

yes starvid, supply destruction. Supply will always equal demand, when it comes to energy.

Edit: Sorry thats bollox, I have been drinking

Supply always equals use, it doesn't matter about demand.

I like Matt Simmons, his words not mine.

With the Hurricains, it all adds up.

[ChadP]

The latest refinery damage estimates are greatly reduced. Nothing with over 10% damage, and 2 with 8%.

[BabyPeanut]

$this->bbcode_second_pass_quote('', '[')url=http://www.businessweek.com/ap/financialnews/D8CPIAF02.htm?campaign_id=apn_home_down&chan=db]Houston refining industry at a standstill (link)[/url]
The Associated Press/DALLAS By DAVID KOENIG
SEP. 22 Drivers, homeowners, airlines and businesses will end up paying higher fuel bills if Hurricane Rita magnifies the damage last month's Hurricane Katrina inflicted on the oil-refining industry.
More refineries and oil and natural gas rigs along the Gulf Coast blinked off Thursday as Rita bore down on the heart of the nation's energy infrastructure.
About 5 percent of the nation's oil-refining capacity is still out from Hurricane Katrina's sweep through Louisiana and Mississippi. In the Houston area, representing another 13 percent, every major refinery was closed or in the process of shutting down by Thursday because of Rita, expected to hit shore Saturday.
"It's potentially a bigger threat than Katrina because there is more refining capacity in the Houston area," said Bob Slaughter, president of the National Petroleum & Refining Association. "This is a double whammy for the industry -- it's an amazing thing to contemplate." ...skip...
Some experts said the Houston refineries would withstand the storm but that other parts of the energy supply chain were more vulnerable, including electricity needed to run the plants.