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Houston refiners show no signs of flooding

Reuters -- BAYTOWN, Texas (Reuters) - Eight of the 14 Texas oil refineries shut down before Hurricane Ike showed little visible sign of serious damage or flooding in the storm's wake on Saturday. In the Texas City area, the facilities included BP's 467,000 barrel per day refinery, Valero Energy's 200,000 bpd refinery and Marathon's 76,000 bpd Texas City plant. During a tour of the refineries, none of the Texas City plants had electricity for lighting and only BP and Valero had visible flares as darkness fell. There was no evidence of significant flooding and only shallow standing water at Marathon's facility. BP's refinery showed the only sign of wind damage. A warehouse had a damaged roof and part of a brick wall on the same building had collapsed.

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Submitted Sep 14, 2008 By: JT

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Kingpin4582 Rookie Author Ohio Posts:48 Points:302,835 Joined:Jun 2004	Message Posted: Sep 15, 2008 10:57:49 AM Ignore Kingpin4582 Report Abuse This is the Oil companies showing us how intellegent they truely believe the American consumer to be. Sure We the few who do know what is actually going on cry shinanigans, but to the nation, all they know is a hurricane ripped through Texas near refineries and platforms. As the great Earl Pitts would say, "Wake Up America!" [Edited by: Kingpin4582 at 9/15/2008 11:58:55 AM EST]
rbrowdersr Champion Author Detroit Posts:4,192 Points:1,405,505 Joined:Aug 2006	Message Posted: Sep 15, 2008 10:44:17 AM Ignore rbrowdersr Report Abuse Gasoline prices has still risen.
sduyck Champion Author Oregon Posts:1,530 Points:130,120 Joined:Sep 2003	Message Posted: Sep 15, 2008 10:19:10 AM Ignore sduyck Report Abuse you want someone to blame blame the billionaire democrats that bought those hedges to screw with gas prices so they could get their candidates elected namely warren buffet and his friends they tried to influence the election and did it
WillyGTX Sophomore Author Texas Posts:116 Points:76,240 Joined:Aug 2008	Message Posted: Sep 15, 2008 10:11:40 AM Ignore WillyGTX Report Abuse And we the consumer will have to pay for the roof damage and collapsed wall, correct? It will be a while before we get any relief! And haven't we been conditioned! If the price at the pump ever gets down to $3.00 we will think that cheap!!
GaryDavis77 Sophomore Author Washington Posts:183 Points:148,615 Joined:Apr 2004	Message Posted: Sep 15, 2008 10:00:27 AM Ignore GaryDavis77 Report Abuse So does that mean that the prices won't go up. Ha ha.
frede2 Champion Author Texas Posts:4,198 Points:897,465 Joined:May 2005	Message Posted: Sep 15, 2008 9:56:13 AM Ignore frede2 Report Abuse The greed continues and the so-called government does nothing. Now there is a surprise!
SilverHat Champion Author Twin Cities Posts:1,969 Points:235,590 Joined:Jan 2006	Message Posted: Sep 15, 2008 9:54:06 AM Ignore SilverHat Report Abuse TO: Plebe2001: You stated "I am sure that some gas companies and gas stations took advantage of the situation and raised prices more then needed, but overall prices went up because of anticipated problems from yhe storm." That's the definition of speculation!!!!!! Results??? GREED
normcrocker All-Star Author Tennessee Posts:791 Points:732,635 Joined:Sep 2006	Message Posted: Sep 15, 2008 9:52:21 AM Ignore normcrocker Report Abuse The problem we have in Tennessee is the pipelines are shutdown. Some stations in my area are out of gas and don't know when they'll get more. Only one has gone to 4.09, the other two are at 3.99 though one limiits purchases to 10 gallons. [Edited by: normcrocker at 9/15/2008 10:52:36 AM EST]
sduyck Champion Author Oregon Posts:1,530 Points:130,120 Joined:Sep 2003	Message Posted: Sep 15, 2008 9:51:17 AM Ignore sduyck Report Abuse the speculators are baling out nothing makes oil go up now it just falls as money gets pulled out it was all speculation and this proves it we were cheated http://news.yahoo.com/s/nm/20080915/bs_nm/markets_oil_dc
Plebe2001 Champion Author Philadelphia Posts:2,868 Points:560,725 Joined:Jul 2008	Message Posted: Sep 15, 2008 9:50:05 AM Ignore Plebe2001 Report Abuse TO: FallieDog: No it doesn't. Investors whether stock or commodities are always looking forward and pricing for potential - whether good or bad. I am sure that some gas companies and gas stations took advantage of the situation and raised prices more then needed, but overall prices went up because of anticipated problems from yhe storm. Fortunately there was minimal damage. BUT the refineries were shut done, reducing supplies of gasoline and increasing costs to the refineries.
Bobski13 Rookie Author Detroit Posts:73 Points:38,570 Joined:Jun 2008	Message Posted: Sep 15, 2008 9:49:27 AM Ignore Bobski13 Report Abuse As the old saying goes! "BOHICA!!" Bend Over Here It Comes Again!! $3.63 spiked to $4.19 (some stations @$4.69) and oil dropped to $95 a barrel.... go figure. Shoot those oil speculator!!!
OilBGone Champion Author New Jersey Posts:6,545 Points:1,249,750 Joined:Jul 2008	Message Posted: Sep 15, 2008 9:49:04 AM Ignore OilBGone Report Abuse What a country!! Let's all vote for four more years of this Insain / Pain! Whaddya say?
2009TDI All-Star Author San Diego Posts:606 Points:117,645 Joined:Aug 2008	Message Posted: Sep 15, 2008 9:48:39 AM Ignore 2009TDI Report Abuse good news
Gerund1 Champion Author Toronto Posts:1,237 Points:840,480 Joined:Apr 2003	Message Posted: Sep 15, 2008 9:48:32 AM Ignore Gerund1 Report Abuse And so, WHY IS THE PRICE OF FUEL SO HIGH!! Greed, just greed.
HEBster Champion Author Kentucky Posts:6,474 Points:1,915,715 Joined:May 2006	Message Posted: Sep 15, 2008 9:45:57 AM Ignore HEBster Report Abuse Good! Will that help us???????
richie5959 Veteran Author Albany Posts:348 Points:659,960 Joined:Aug 2008	Message Posted: Sep 15, 2008 9:44:30 AM Ignore richie5959 Report Abuse OIL AND GAS FUTURES ARE PLUNGING !!!!!!!!
TopGunn Champion Author Baltimore Posts:6,816 Points:2,149,280 Joined:Aug 2004	Message Posted: Sep 15, 2008 9:44:22 AM Ignore TopGunn Report Abuse GREED - GREED - AND MORE GREED!
FallieDog Champion Author Twin Cities Posts:8,791 Points:1,332,900 Joined:Sep 2005	Message Posted: Sep 15, 2008 9:40:55 AM Ignore FallieDog Report Abuse That pretty much proves that the recent spike was pure speculation and gouge
kanmandoo Champion Author Detroit Posts:1,350 Points:1,611,395 Joined:Jun 2005	Message Posted: Sep 15, 2008 9:38:28 AM Ignore kanmandoo Report Abuse so the prices should come down
mvosevich Champion Author St. Louis Posts:5,453 Points:1,108,165 Joined:Aug 2004	Message Posted: Sep 15, 2008 9:38:07 AM Ignore mvosevich Report Abuse Crude is down to $95 a barrel, when do you think we will see it at the pump?
jcVA Champion Author Virginia Beach Posts:1,806 Points:385,265 Joined:Aug 2008	Message Posted: Sep 15, 2008 9:37:18 AM Ignore jcVA Report Abuse i guess paying these inflated prices is the american way/why give us a break,right
CLM06 Champion Author Tampa Posts:6,841 Points:1,496,065 Joined:Sep 2006	Message Posted: Sep 15, 2008 9:33:10 AM Ignore CLM06 Report Abuse Market; Barrel prices down gas is down. Why is pump prices so high???
sduyck Champion Author Oregon Posts:1,530 Points:130,120 Joined:Sep 2003	Message Posted: Sep 15, 2008 9:32:11 AM Ignore sduyck Report Abuse lets all get together and push the pickens plan we need to be able to fill our cars with natural gas or electricity at home where the utilities are government regulated and they cant gouge us [Edited by: sduyck at 9/15/2008 10:34:13 AM EST]
SpyderDee Champion Author Columbus Posts:25,747 Points:960,285 Joined:Jun 2007	Message Posted: Sep 15, 2008 9:31:00 AM Ignore SpyderDee Report Abuse Contact your State Senator.
Lizzylou Champion Author Stockton Posts:7,025 Points:2,000,050 Joined:Oct 2005	Message Posted: Sep 15, 2008 9:30:00 AM Ignore Lizzylou Report Abuse GOOD!! Maybe now they will lower their gas prices. Some stations had gone up over a dollar a gallon.
trainjunkie47 Champion Author Detroit Posts:9,074 Points:1,310,720 Joined:Aug 2005	Message Posted: Sep 15, 2008 9:29:53 AM Ignore trainjunkie47 Report Abuse Nice to see. The big problems will be resumption of transportation and restoration of utilities.
SpyderDee Champion Author Columbus Posts:25,747 Points:960,285 Joined:Jun 2007	Message Posted: Sep 15, 2008 9:28:07 AM Ignore SpyderDee Report Abuse DON1222.............Right on!!!!!!!!!!!!!!!!
Roo08 Veteran Author Grand Rapids Posts:399 Points:57,235 Joined:Jul 2008	Message Posted: Sep 15, 2008 9:27:46 AM Ignore Roo08 Report Abuse The link to this story just changed to a gloom and doom story instead. I suppose to keep up the farce so prices stay high.
MacGyver_1701 Champion Author Indiana Posts:6,834 Points:1,874,200 Joined:Feb 2005	Message Posted: Sep 15, 2008 9:26:56 AM Ignore MacGyver_1701 Report Abuse Yet the price at the pump rises. Someone is making a killing.
Don1222 Champion Author Michigan Posts:7,802 Points:1,089,855 Joined:Jul 2008	Message Posted: Sep 15, 2008 9:26:39 AM Ignore Don1222 Report Abuse What is the maximum price they are allowed to charge for gasoline? Do we need regulation? We need alternative fuels. Lobby congress!!!
andyrew All-Star Author Baltimore Posts:501 Points:362,895 Joined:Aug 2008	Message Posted: Sep 15, 2008 9:21:04 AM Ignore andyrew Report Abuse in maryland for the past several days in certain areas, gas stations have had pretty long lines with everyone filling up their suvs before 'the big one'. what i find funny is that the little bit that theyre getting isnt going to last them but a day or two given how far away they all live from civilization.
Roo08 Veteran Author Grand Rapids Posts:399 Points:57,235 Joined:Jul 2008	Message Posted: Sep 15, 2008 9:20:13 AM Ignore Roo08 Report Abuse Gee, parts of Michigan got more damage than that. I didn't see anyone not going to work yesterday or today. Get that gas shipped out!! Lame excuse to pick our pockets.
Razzincain Champion Author Kansas Posts:1,341 Points:667,420 Joined:Aug 2005	Message Posted: Sep 15, 2008 9:20:11 AM Ignore Razzincain Report Abuse Thats good news
Pede Champion Author New Jersey Posts:4,162 Points:631,240 Joined:Apr 2007	Message Posted: Sep 15, 2008 9:18:38 AM Ignore Pede Report Abuse Great
FATRandy Rookie Author Fort Worth Posts:86 Points:175,080 Joined:Jun 2003	Message Posted: Sep 15, 2008 9:18:23 AM Ignore FATRandy Report Abuse The damage to the refineries may be minor, but what about the workers' homes? Most of the workers had to evacuate and some lost their homes.
PhilMay Champion Author Detroit Posts:6,852 Points:1,246,325 Joined:May 2008	Message Posted: Sep 15, 2008 9:17:39 AM Ignore PhilMay Report Abuse √
lostorosbravos Champion Author Oklahoma Posts:1,178 Points:299,270 Joined:Jul 2008	Message Posted: Sep 15, 2008 9:17:25 AM Ignore lostorosbravos Report Abuse Good!!
amacquarrie All-Star Author Nevada Posts:521 Points:112,875 Joined:Jun 2008	Message Posted: Sep 15, 2008 9:17:06 AM Ignore amacquarrie Report Abuse maybe prices won't go up - I hope.
SeerLV Champion Author Las Vegas Posts:3,930 Points:807,825 Joined:Jun 2008	Message Posted: Sep 15, 2008 9:16:45 AM Ignore SeerLV Report Abuse Good news and oil is down this morning.
tonycmd All-Star Author Maryland Posts:515 Points:129,830 Joined:Jun 2008	Message Posted: Sep 15, 2008 9:15:40 AM Ignore tonycmd Report Abuse This is great
Gassaver30 Sophomore Author Austin Posts:113 Points:23,200 Joined:Aug 2008	Message Posted: Sep 15, 2008 9:15:31 AM Ignore Gassaver30 Report Abuse There was no reason 4 it to go up!! Just greedy!!
bkstecklein All-Star Author Tulsa Posts:580 Points:1,099,565 Joined:Sep 2004	Message Posted: Sep 15, 2008 9:14:14 AM Ignore bkstecklein Report Abuse hopefully this problem will not last long.
sduyck Champion Author Oregon Posts:1,530 Points:130,120 Joined:Sep 2003	Message Posted: Sep 15, 2008 9:12:43 AM Ignore sduyck Report Abuse i don't feel a bit sorry for these speculators loosing the jobs that hurt us financially lehman bros and merril lynch going under ..i wonder how much of the money was used for oil hedging..they are selling hedges like crazy now to get some money back oil is in full collapse http://afp.google.com/article/ALeqM5h12LQx4gz31pRs2IN8gEMKgp5R4A [Edited by: sduyck at 9/15/2008 10:14:06 AM EST]
CHICOS Sophomore Author Salt Lake City Posts:211 Points:32,510 Joined:Aug 2008	Message Posted: Sep 15, 2008 9:11:38 AM Ignore CHICOS Report Abuse Send for others States, use the reserve...
smama Sophomore Author Illinois Posts:160 Points:55,410 Joined:Jun 2008	Message Posted: Sep 15, 2008 9:11:27 AM Ignore smama Report Abuse Prices at the pump have jumped 60 cents in two weeks here. I think this news means nothing.
BUD LT Sophomore Author Las Vegas Posts:105 Points:169,250 Joined:Nov 2003	Message Posted: Sep 15, 2008 9:10:32 AM Ignore BUD LT Report Abuse gas prices are now tied to the weather channel as well now. lowest crude price but it just can't get here high crude price it's here yesterday
acknot Champion Author Seattle Posts:1,490 Points:776,660 Joined:Sep 2003	Message Posted: Sep 15, 2008 9:10:31 AM Ignore acknot Report Abuse This is good news. Now what excuse will they use to raise the price?
Terryforegolf Champion Author Lansing Posts:1,054 Points:411,575 Joined:Dec 2006	Message Posted: Sep 15, 2008 9:10:30 AM Ignore Terryforegolf Report Abuse Little damage. Prices wont go down for 4 weeks more than likely. Spiked 30 cents last Friday.
krell58 Champion Author Missouri Posts:7,381 Points:1,471,320 Joined:Apr 2006	Message Posted: Sep 15, 2008 9:09:15 AM Ignore krell58 Report Abuse And yet the prices rise.
tbybee All-Star Author Omaha Posts:702 Points:316,210 Joined:Apr 2008	Message Posted: Sep 15, 2008 9:08:25 AM Ignore tbybee Report Abuse Glad to hear it for their personal sake as well as the country's.