Humberto shuts 3 US refineries, oil jumps - Reuters

[Eugene]

Source: Reuters

Humberto shuts 3 US refineries, oil jumps
13 Sep 2007 17:43:25 GMT
Source: Reuters

(Updates with partial electrical power restored at two
refineries)

HOUSTON, Sept 13 (Reuters) - Hurricane Humberto shut
three U.S. refineries in Texas on Thursday morning,
sending oil prices to a record high on the New York
Mercantile Exchange.

NYMEX crude oil futures climbed as much as 28 cents to
a record $80.19 per barrel Thursday morning on a jump
in Gulf Coast gasoline wholesale prices.

All three refineries are in Port Arthur, Texas, which
Humberto raked with 80 mph winds early on Thursday
morning before crossing into Louisiana.

-snip-

Read more: http://www.alertnet.org/thenews/newsdesk/N13334377.htm

[Warpy]

1. Natural gas jumped up more than oil did

Just sayin'

[Joe for Clark]

2. They say that hurricane is going to circle and come back -

probably stronger - It is absolutely bizzare.

[phantom power]

3. Wouldn't be the first time. Remember "crazy Ivan" of 2004?

[Joe for Clark]

4. Not like this. That storm intensified about 100% right before it hit.

And it is going to circle and come back apparently going over those same waters and hit about the same area.

I don't think any storm has ever intensifed that fast in such a small area.



Joe

[phantom power]

5. Plenty of heat for it. And Texas may be more water than land lately.

[Joe for Clark]

6. But those waters have not warmed that appreciably.

So why the intensity spike?? I watched the weather channel and others - they have no expaination. It really is weird.

[phantom power]

7. I agree completely. Lots of weird hurricane behavior since 2004.

The new world is coming.

[Joe for Clark]

8. There is really something happening - and it is bad.

Tropical storms can appear with little warning maybe a hundred miles off the coast and hit as a hurricane with almost no warning. Right at the heart of our oil receiveing and production areas too. There is some kind of a warning in all this.

There is more than a month of the season right now - isn't it?

God be with you Texas - I think you are right in the middle of it - and I LIKE those people - they are decent people.

Joe

[phantom power]

9. Heck, who knows what the season is anymore? In 2005 it lasted thru December into 2006.

[Joe for Clark]

10. It is so true - I don;t know - it is SO STRANGE now.

[hatrack]

11. According to NHC, Humberto went from a tropical depression to a strong Cat 1in 18 Hours

They've never seen anything like this before - Katrina & Wilma were at least at TS status before they went apeshit upon hitting the Gulf.

[Dead_Parrot]

12. 18 hours? That's faster th... oh, I give up. nt.

[razzleberry]

13. gas down three cents

2.56 --> 2.53
Wed. evening --> Thurs. evening