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Reply #20: in the Yucatan Peninsula [View All]

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malaise Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-17-05 10:40 AM
Response to Reply #19
20. in the Yucatan Peninsula
Edited on Sun Jul-17-05 10:44 AM by malaise
so if Emily goes right through there will be more trouble for oil - here are three links
http://www.offshore-technology.com/projects/cantarell/
http://www.timesunion.com/AspStories/story.asp?storyID=376122&BCCode=BNBUSINESS&newsdate=7/12/2005

http://news.yahoo.com/news?tmpl=story&u=/nm/20050713/bs_nm/markets_oil_dc

<edit - add link and snip>
"The market ... is one Category 4 hurricane away from going back above $60 a barrel," said David Thurtell, commodity strategist at Commonwealth Bank of Australia.

"(If) prudence determines that every passing storm requires evacuation of rigs, the season still could be disruptive," said oil analyst John Kilduff of Fimat USA.

Venezuelan authorities ordered several oil tankers in the key refining zone of Puerto La Cruz to remain in port, likely delaying exports.

Analysts tracking Emily's path said it could hit the Cantarell oil field in Mexico, which could immediately wipe out 2.5 percent of the world's daily oil production of around 84 million barrels.
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