Oil pipelines attacked

[bemildred]

We need a daily oil infrastructure thread.

Major Ali Mahmud said National Guard forces were trying to extinguish a fire which damaged 150 metres of the Khana pipeline, northeast of Baghdad.

He said another bomb was found on Saturday along the same line, and was safely defused.

An oil official said saboteurs on Friday blew up a section of another oil pipeline in Mashada area, about 50km north of Baghdad. The pipeline feeds the same refinery which processes 110,000 barrels per day (bpd).

Attacks by armed fighters on Iraq's oil pipelines have disrupted refinery operations, and cost the US-backed interim government billions of dollars, including lost oil export proceeds and nearly $200 million a month worth of refined product imports.

Saboteurs also hit a section of the northern oil export network on Thursday. Oil officials said crude kept flowing normally through alternative pipelines to Turkey's Ceyhan port at 300,000 bpd.

al jazeera

[Nimrod]

1. Get ready for gas to hit $3

The oil barons are rubbing their hands with glee right now.

[maddezmom]

2. $60 a barrel on the way

http://story.news.yahoo.com/news?tmpl=story&cid=1518&ncid=1518&e=1&u=/afp/20041023/bs_afp/oil_price_041023004514

[Dogmudgeon]

7. Only $3?

Maybe by Christmas, or maybe by Spring if we're lucky.

I expect gasoline to be around $10/gallon by the end of the decade. Shortly thereafter, private cars will become a lot less popular.

--bkl

[nolabels]

15. Premium is $2.69 around my house in So. California

About that end of the decade stuff, do you think Bushco will be less popular around that time also?

[truth2power]

3. "Daily oil infrastructure thread"

Excellent idea, bemildred. The amount of information on this board concerning all of the BFEE atrocities, or in this case, the consequences of said atrocities, just boggles the mind. Anything that pulls together related information under one heading is a plus.

I can't keep up! :eyes:

[cliss]

4. I agree. A daily thread

would show the number of sabotage attempts on the oil pipelines, worldwide. Which I believe number in the hundreds each day.

Next to this, we would include a chart showing the price of crude oil per barrel. There would be a direct correlation. More sabotage = oil is not flowing = price of oil goes up.

[bemildred]

9. Today in Iraq does a pretty good job.

http://dailywarnews.blogspot.com/

I check them to see if I missed anything.

[Maine-ah]

5. oil

I don't know about anyone else here, but I'm in the north east, and my LP is already costing me $2.15. It's going to be a long cold winter.:grr:

[happynewyear]

11. and it ain't gonna get better anytime soon

gee that is nothing, only $2.50+ a gallon here. Its gonna be a long very cold winter. :grr: :grr:

:kick:

[Mr_Spock]

12. Tell me about it $2.28 for me - $35 last month, $70 this month!!!!!!!

And what did that $70 buy me? The right to cook for one person, take a shower daily and dry my clothes - that's it!!!!!!

[The Magistrate]

6. Do You Remember, My Friend

When Iraqi oil was going to pay the costs of conquering and rebuilding the place, as well as provide cheap gasoline for the gussied up trucks clogging our roads and parking lots?

"These are the good old days."

"LET'S GO GET THOSE BUSH BASTARDS!"

[bemildred]

8. The first rule of Italian driving applies.

"What is behind me is not important".

When it's all lies in the first place, one loses track of the
ones proved wrong recently. The US ruling elites rely on the lack
of public memory. When was the last time a politician really ran on
his record?

But indeed, I remember a number of such assertions. Let us hope the
American voting public does too, and votes accordingly.

I remember you and I among a large number of others here predicting
that what has come to pass would come to pass in Iraq, too. Much good
it did us.

[The Magistrate]

10. It Is The Sport Of The Thing That Counts, Sir

We, at least, know our understanding is adequate to the task of prediction....

"The future is hard to predict since it hasn't happened yet."

"LET'S GO GET THOSE BUSH BASTARDS!"

[Iceburg]

13. Forget Iraq ....look at all the recent oil refinery "accidents" in the USA

I did a quick google on "oil refinery fires explosions" ... there are far too many to post but here's a small sampling

July 2001
The News Journal
08/30/2004
Reuther - who was recently named Delaware's chief environmental enforcement administrator - and fellow officers endured weeks of duty in blistering summer heat and confining protective suits while tracking down the cause of a massive explosion and fire at the former Motiva Enterprises refinery in July 2001.

February 21, 2003 Posted: 11:22 AM EST (1622 GMT)
Huge fire breaks out near New York oil refinery
FBI spokesman Steve Kodak in Newark, N.J., said there was no indication of terrorism. However, FBI officials in Washington said they were still examining it because a refinery is the type of infrastructure terrorists might target.
http://www.cnn.com/2003/US/Northeast/02/21/staten.blaze... /

February 26, 2003
Marathon refinery fire extinguished
Marathon Oil Co. said on Wednesday the fire that broke out in the 6,000 barrel-per-day alkylation unit at its St. Paul Park, Minn., refinery on Tuesday afternoon was extinguished late Tuesday. .."There were no injuries and the cause of the fire is under investigation," said company spokesman Chuck Rice. The refinery is jointly owned by Houston-based Marathon Oil and Covington, Ky.-based Ashland Inc.
Last December the companies reached a $13 million settlement in connection with federal criminal charges prompted by a 1997 explosion at the refinery.
http://www.bizjournals.com/houston/stories/2003/02/24/d...

March 31, 2004
HOUSTON (Reuters) - An explosion and fire rocked a BP oil refinery in Texas, the third-largest in the United States, on Tuesday, driving gasoline prices to an all-time high and unnerving currency markets worried about security threats.
http://news.myway.com/top/article/id/394528%7Ctop%7C03-...

July 11, 2004
Ashland Marathon Oil Refinery - St. Paul Park, MN
Investigation Continues Into Texas Refinery Blaze
TEXAS CITY -- A blaze that gutted most of a Marathon Ashland refinerys main office building has displaced about 40 employees at the facility.
http://cms.firehouse.com/content/article/article.jsp?se...


08-13-2004 12:27:00 PM
Explosion, Fire Rock Indiana Refinery
WHITING, Ind. (AP) -- An explosion and fire rocked the country's third-largest oil refinery on Friday, but it was not immediately clear how its gasoline production would be affected.
http://cms.firehouse.com/content/article/article.jsp?id...

September 1, 2004
Lansing State Journal
From snarled traffic to darkened storefronts, Tuesday's fire at Spartan Oil Corp. touched thousands of folks who live, work and drive in the shadow of Lansing's industrial complexes.
http://www.lsj.com/apps/pbcs.dll/article?AID=/20040901/...

Sep 2 2004
Yesterday's surge in prices accelerated in the last few minutes of trading when Flint Hills Resources LP, a unit of Koch Industries Inc., had a fire at its refinery in Corpus Christi, Texas. The refinery has total processing capacity of 300,000 barrels a day, according to the company's Web site.
http://quote.bloomberg.com/apps/news?pid=10000086&sid=a...

[Porcupine]

14. Sabotage your OWN refinery, increase profits....

This is a Peak Oil, negative feedback, worst case scenario, nightmare. Everybody has incentive to to blow up their neighbors pipeline. If you already have oil stock or futures, bad news IS good news.

It's just the people who are S.O.L..

[nolabels]

16. A lot of P&L statements come out this week, should be interesting

Peak oil is important, but there is no such thing as a perfect vacuum. This shortage is partly artificial and psychological which should make things look a little peculiar in the next few months.

Business ; Markets Brace for Earnings Week
8 Hour ago


Business News, NEW YORK - The record price of oil has ruled Wall Street for months now and next week investors will get a close look at just who has profited the most from black gold's big run. The earnings reporting period turns into the backstretch next week, with at least 130 members of the Standard & Poor's 500 due to report and by week's end, nearly 80 percent of the members of broad stock market gauge will have given their reading on the recently finished third quarter.

"The outlook for the economy and earnings is starting to darken because of the rise in oil prices," said Hugh Johnson, chief investment officer at First Albany Corp. "Under the pressure of higher oil prices, the U.S. economy is slowing.

And while the week will feature its usual cross section of sectors, from heavy industrials like DuPont Co. (DD.N: Quote, Profile, Research) to telecommunications titans like Verizon Communications Inc. (VZ.N: Quote, Profile, Research) , earnings from the oil majors will dominate.

The top name in the line up is ExxonMobil Corp. (XOM.N: Quote, Profile, Research) , which has ridden the surge in oil -- back above $55 a barrel on Friday -- to the best stock performance among the 30 stocks in the Dow Jones Industrial average so far this year, up 19 percent.
(snip)
http://www.keralanext.com/news/?id=58562

Iraq Pipeline Watch

Attacks on Iraqi pipelines, oil installations, and oil personnel
(snip)
119. September 13 - attack on oil pipeline in the Rumaila oilfield.
120. September 14 - 2am blast on junction where pipelines cross the Tigris River, at point near the 676-MW Beiji power plant set ablaze three oil pipelines, stopping the flow of oil from the Kirkuk oilfields to Beiji refinery and to Ceyhan. The heat melted a 400-KV transmission line that ran almost 300 ft above the area, causing a power loss of 750 MW within a second, which caused the country's 5,000 MW grid to short circuit stopping electricity supply to all of Iraq. Just two days prior Northern Oil Company engineers finished replacing critical valves destroyed by an earlier attack.
121. September 16 - attack on oil pipeline near Baqouba that runs from the Khanaqin oilfields to the Al Daura refinery.
122. September 18 - attempt to assassinate director of oil products for the Northern Oil Company, Muhammad Zibari, by attackers with machine guns and grenades who ambushed his convoy in Mosul missed him but resulted in the death of eight people and injury of four.
123. September 23 - assassins shot and killed the deputy director of the Northern Oil Company's oil product department, Sana Toma Sulaiman, riding in a taxi in Mosul on his way to work.


http://www.iags.org/iraqpipelinewatch.htm

[radwriter0555]

20. there IS no peak oil, this is the CONTROL and restriction of the oil....

which is far more profitable than having plenty of that new, almost pure-gold oil on the market.

See, Saddam's newly formed alliances had the oil in the marketplace... a major reason for taking him out.

With that incredible quality iraqi crude on the table, it brought down the prices of the world supply. Take the iraqi crude off the market, and viola! Instant "shortage".

THERE IS NO OIL SHORTAGE. THERE IS NO PEAK OIL.

This is about CONTROL of the oil to maximise control and PROFIT.

[Deja Q]

17. Pukes want to vote for * so he can 'finish the job he started'

EXACT QUOTE.

What's his job? Destroy the planet?

Without oil, our civilization ends. Maybe he wants to go nucular on their asses for a problem they had nothing to do with. ??

[goforit]

19. "Stupid is what stupid does!!!."....................Forest Gump

[goforit]

18. Geeeee.......I wonder why they would do a thing like that?

It's a Bushie Wally World!!!!

[politick]

21. I didn't even realize

Iraq had any oil? Huh. That's odd....

And now the Saudi Arabians are making more money than ever on oil. And they're friends with the Bush's. And Cheney's old company is making a lot of money over there repairing the stuff we blew up. Odd.

What a bunch of crazy coiincidences? I have to go pray and huff some paint now!

[politick]

22. I didn't even realize

Iraq had any oil? Huh. That's odd....

And now the Saudi Arabians are making more money than ever on oil. And they're friends with the Bushes. And Cheney's old company is making a lot of money over there repairing the stuff we blew up. Odd.

What a bunch of crazy coiincidences? I have to go pray and huff some paint now!