At the risk of igniting a flame war, I would point out that most of the companies operating platforms in the Gulf shut them down before Rita passed Key West. It takes a couple of days to shut everything down, button it up and get the crews off. Also takes a couple of days to get them back out there and light off the equipment, IF it isn't damaged. As far as the oil market goes, that's pretty much run by a bunch of traders in button down shirts at the NYMEC, and if they get panicked, the price goes up.
Royce Engler 1985 300TD Turbo 265K -----Original Message----- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] Behalf Of David Brodbeck Sent: Wednesday, September 21, 2005 7:22 PM To: Mercedes mailing list Subject: Re: [MBZ] here we go again On Wed, 21 Sep 2005 18:17:57 -0500, Kaleb C. Striplin wrote > Fuel prices just shot up again. Its really pathetic, it goes up 15 > cents overnight and the damn hurricane has not even hit yet. The oil market today seems to be like the stock market was in the 90s. People think the price will go up, because of the hurricane, so they bid up the price of oil futures hoping to make money. This kind of volatility is what you get when you let speculators run rampant in a market. _______________________________________ For new parts see official list sponsor: http://www.buymbparts.com/ For used parts email [EMAIL PROTECTED] To Unsubscribe or change delivery options go to: http://striplin.net/mailman/listinfo/mercedes_striplin.net
