Posted on Aug 30, 2021
Americans Could Feel Ida's Impact At The Gas Pump
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https://www.npr.org/2021/08/30/ [login to see] /ida-gas-prices-colonial-pipeline-operations
Hundreds of thousands of people are without power in Louisiana and Mississippi, and outages could last for more than a month in parts of the region.
While the damage is most acute there, motorists across the U.S. could feel some effects of the storm when they go to fill up their tanks in the days ahead.
More than 95% of Gulf oil production was shut down ahead of Ida, and every active drilling rig fully evacuated. Rigs and platforms will be able to start back up quickly if they survived the storm unscathed, but it could take much longer if equipment was broken.
The storm likely took some 13% of U.S. refining capacity offline, AAA estimates. At least nine refineries preemptively paused or reduced their operations, which could temporarily affect gasoline availability.
"Until the power is restored, it's too early to know the full impact of any damage Ida caused on the oil and gas industry, but motorists regionally can expect price fluctuations leading into Labor Day weekend," said AAA spokesperson Jeanette McGee said in a release. "Typically, a Category 4 storm could mean three plus weeks before refineries are back to normal operations, while offshore production is more likely to resume this week."
Hundreds of thousands of people are without power in Louisiana and Mississippi, and outages could last for more than a month in parts of the region.
While the damage is most acute there, motorists across the U.S. could feel some effects of the storm when they go to fill up their tanks in the days ahead.
More than 95% of Gulf oil production was shut down ahead of Ida, and every active drilling rig fully evacuated. Rigs and platforms will be able to start back up quickly if they survived the storm unscathed, but it could take much longer if equipment was broken.
The storm likely took some 13% of U.S. refining capacity offline, AAA estimates. At least nine refineries preemptively paused or reduced their operations, which could temporarily affect gasoline availability.
"Until the power is restored, it's too early to know the full impact of any damage Ida caused on the oil and gas industry, but motorists regionally can expect price fluctuations leading into Labor Day weekend," said AAA spokesperson Jeanette McGee said in a release. "Typically, a Category 4 storm could mean three plus weeks before refineries are back to normal operations, while offshore production is more likely to resume this week."
Americans Could Feel Ida's Impact At The Gas Pump
Posted from npr.org
Oil and Energy
Oil
Natural Disaster
Posted >1 y ago
Responses: 3
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Really?? You mean the refineries are going to actually be shut down for damage instead of maintenance, quote unquote?? My son puts in oil pipelines and has been down to Houston plenty of times and this is what he says.
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SGT (Join to see)
Can't process crude without electricity and there is none in most areas. Its not the first time these facilities have dealt with severe weather and are hardened. Also understand these plants have maintance schedules that have to be kept.
My shop had equipment to take care of and we changed annual services to semi annual and semi annual to quarterly and quarterly to monthly. We also made site visits just to survey the status of the equipment and repaired or replaced anything we found not up to our standards. Keepin equipment up and running requires an intensive maintance schedule. You don't wait till things break because if you do you go from a simple issue to something worse.
My shop had equipment to take care of and we changed annual services to semi annual and semi annual to quarterly and quarterly to monthly. We also made site visits just to survey the status of the equipment and repaired or replaced anything we found not up to our standards. Keepin equipment up and running requires an intensive maintance schedule. You don't wait till things break because if you do you go from a simple issue to something worse.
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I filled up yesterday and was surprised they hadn't already raised prices.
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