Neocon wagerers please step to the betting window.
Katrina is a category 5 storm. It's gonna shutdown 1 Million barrels of daily oil production and 10 million cubic feet of natural gas production {which as we all know by now, peaked a long time ago in these here united states...,} and which will have an even greater impact than the approximately 2.5% disruption of our daily oil jones.
If G-Dub opens the strategic petroleum reserve today {800 Million barrels of black gold} it'll put the speculative wolves into check at market opening tomorrow morning, and, indicate that the administration is focused on the well-being of the American people. If, on the other hand, he salutes us with his middle finger, as I fully expect him to do, I will interpret this as a clear and present signal that we are strategically committed to putting in work in and around the Tehran metropolitan area within the next x months weather and other logistical factors permitting.
So neocons, is your boy about the well-being of the American people, the well-being of energy speculators, or, is he fittin to put in work in Iran which necessitates he hold that oil dear for the use of Rumsfeld and company?
orale homes....,
Posted by: cnulan | August 28, 2005 at 06:07 PM
The use of the strategic petroleum reserve is meaningless. It's not even enough to cause a blip in the world oil market. And if the hurricane causes the wells to shutdown for, say months, then what?
Posted by: DarkStar | August 28, 2005 at 06:40 PM
A lot of independent truckers are about to go under. I have two friends in the trucking business, and they don't know what to do; they already have been sur-charging for fuel, but they can only pass along so much of that cost before the producers say "no more."
Diesel has been over $3.00 for several weeks already, and I expect gasoline to be that high in California by the end of the week.
The economy could be in danger.
Posted by: brotherbrown | August 28, 2005 at 06:52 PM
and who exactly would be going to Iran? i don't think the numbers add up...according to one of your previous posts, the cost of going between now and late March-early April would be prohibitive...there won't be a coalition of the illin'...can't count on Europe or Australia for much, if anything...so, who's going? or will they finally use Rumsfeld's approach since Iran is sufficiently far away from Israel to get busy?
and besides, it's not like all those Iran-Contra weapons are outdated or dysfunctional...Ollie North won't have a GD thing to say when the first soldiers get popped with his guns - and the kids of those israeli former hostages are up his butt on FOX asking why they weren't tougher in the "middle east" over the past two decades.
i guess you could always blame the foibles of democracy, congress and the damned liberal media. i'll bet on venezuela before i bet on iran...even in robertson let the cat out the bag, they could still do it while he's traveling...ya know the old samora machel plane crash trick or they could euro-mercs and run the old patrice lumumba wudn't me merc trick or they could foment more dissention in the country and run the old malcolm x his own people did it trick or they could flip the script and run a coup in the army and go with the old anwar sadat fundamentalists killed 'em trick or they could send some vacationing white woman (with lots and lots of blond hair and 2 blue eyes) to the andes - through columbia of course - and play the hostage game - but the press dropped the ball on the chick from alabama...this one would have to be from massachusetts or texas or new york or ...
well, there are alot of options...
i like the chances of one of the dumbass games more than i like the iran invasion because they would really get their ass kicked if they try to fight on the ground...but at least that's better than north korea...doesn't bush realize the yankees are a mediocre baseball team, that notre dame and the celtics suck...it's a new game, new rules. iran is not a place to play.
Posted by: Temple3 | August 28, 2005 at 07:19 PM
and who exactly would be going to Iran? i don't think the numbers add up... according to one of your previous posts, the cost of going between now and late March-early April would be prohibitive...there won't be a coalition of the illin'...can't count on Europe or Australia for much, if anything...so, who's going? or will they finally use Rumsfeld's approach since Iran is sufficiently far away from Israel to get busy?
With the rising cost of energy promising to have an across the boards negative impact on the U.S. economy, and perhaps equally importantly, the complex though now clearly fragile structured narrative which sustains the same, the barriers to entry for a fully escalated World War involving the U.S., China, and Russia seem very low at this moment.
I like RKMoore and have corresponded with him in the past on unrelated matters, in his opinion, the parallels between now and the buildup to WWI are noteworthy.
IMOHO, there's no telling how radical the U.S. response will be to narratively coupled triggering events both here and in Iraq? I mean, look at the I mean, look at the implications to the U.S. economy of Katrina turning NOLA into Atlantis..., in the wake of something like that, universal conscription doesn't look so bad, after all...,
Posted by: cnulan | August 28, 2005 at 09:13 PM
oh yeah, and Iran is definitely holding up its end of the regional provocation bargain, not as if this would even be a necessary prerequisite for being attacked, but it beats the hell out of the just-so-story that'll have to be concocted for Venezuela now that that old oatmeal-for-brains goat Pat Robertson has gone and gotten a bad case of loose lips...,
Posted by: cnulan | August 28, 2005 at 09:27 PM
800 million barrels is only enough for 40 days and 40 nights assuming our current levels of consumption...
It's too funny...ya can't make this stuff up.
Posted by: Temple3 | August 29, 2005 at 12:15 PM
read the regional provocation post...it's not looking to good for u.s. because the constraints on power and significant...can't go nukulaaar in that region without settin' it off in the worst way...and can't fight it out on the ground...it's gettin' tight.
Posted by: Temple3 | August 29, 2005 at 12:22 PM
as of a few minutes ago...,
Last night Bloomberg Nymex crude market was active, showing oil as high as $69.90 - at 22:07 U.S. Eastern time it was $69.68, up 5.4% for the session.
Heating oil was up 9% and gasoline was up 11.5%.
Gas was skyrocketing, Nymex Henry Hub was up 20% at $11.75.
The market was going nuts last night when I stopped checking.
Posted by: cnulan | August 29, 2005 at 12:27 PM
can't go nukulaaar in that region without settin' it off in the worst way...
what's the downside to that worst way heatup again?
depopulation was the key to manifest destiny across the americas, just speculating strategically here a la Pat Robertson.
Posted by: cnulan | August 29, 2005 at 12:30 PM
those people hate us you know..,
they hate our freedom and our way of life and they practice a religion of death.
taking it out a step further within the context of the prevailing narrative.
Posted by: cnulan | August 29, 2005 at 12:32 PM
jes call W "he hate me" - cuz he's always talkin' bout how somebody hatin' on him and his democracy.
depopulation was an unintended secondary consequence of the dynamics of disease and genetic resistance...as much killing as ofays did, it didn't lead to the population that disease led to. still, you're correct, it was the key 'cause if the native americans kept their numbers, it would have had to go down differently...perhaps more grotesquely, but differently.
i don't know that those types of tactics can be used...although one could argue that information overload is akin to information white-out in that folks are not able to see the forest for the trees...
newk-ewe-laar will finalize the pariah status of the US...that would not be an enviable position in a world where you can't impose your will the way you used to. on a certain level, the us requires cooperation...the defensive abilities of the us to protect outlying regions like Taiwan and Kuwait and Israel will be jeopardized if this pariah thing goes too far.
if they try to get all charlie wilson (Greenwood-Archer-Pine Band) and drop one on iran, the fall out is unpredictable and not likely to be good.
Posted by: Temple3 | August 29, 2005 at 01:29 PM
Just in, G-Dub weighs tapping strategic oil reserve....,
guess this morning's trading lined pockets adequately...,
Posted by: cnulan | August 29, 2005 at 01:53 PM