do you believe te corrosion story?
2006-08-07 14:09:01 · 26 answers · asked by worldstiti 7 in Politics & Government ➔ Government
Who knows. It is really hard to say what is truth from fiction when it comes to oil because money can make a lot of stories seem truthful, and the oil companies have a lot of money.
2006-08-07 14:12:35 · answer #1 · answered by ? 4 · 4⤊ 1⤋
Yes, I believe the part about the repairs needed to correct corrosion problems.
What I don't understand is why, if the pipeline closure will only result in a 2.6% drop in production of US oil, why is the price per barrel going up 15%? In fact, why should this have any impact whatsoever on the price of foreign oil? This stinks on ice.....
2006-08-07 14:19:04 · answer #2 · answered by My Evil Twin 7 · 0⤊ 0⤋
It does not NEED to be closed. But what a move by BP! They close it down for repairs, claim it would take months, make all the money in the world while the prices are crazy, finish repairs ahead of schedule as real heros should.
2006-08-07 14:13:48 · answer #3 · answered by Aleksey T 2 · 0⤊ 0⤋
What do you think? The pipeline is over 20 years old. It needs repair like every other man-made structure. The only problem is they didn't make two pipelines so one could be operating when one is being serviced.
2006-08-07 14:12:39 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Its not the Alaskan pipeline, its a line from one production facility that goes to the Alaskan pipeline. I'm actually surprised it didn't corrode sooner.
ouroboris: to answer you question: Media Hype!
2006-08-07 15:16:11 · answer #5 · answered by STEVEN F 7 · 0⤊ 0⤋
Every once in awhile, pipes do corrode. Pumping oil through a pipe like that can be very corrosive. I think the timing sucks though. BP should have been monitoring better.
2006-08-07 14:17:25 · answer #6 · answered by kepjr100 7 · 0⤊ 0⤋
Yeah, like I believe that Enron had to shut down power plants "for repair and/or maintenance" in California in the middle of the energy crisis.
The pipeline averages around 930,000 barrels of oil a day. The U.S. uses 17,000,000 barrels a day.
2006-08-07 14:13:37 · answer #7 · answered by Anonymous · 0⤊ 0⤋
Unlike most of you, I have been there. Get a life. You who claim its a conspiracy would be the loudest and angriest at those companies if that pipeline broke and 100,000's of barrels of oil spilled out into the tundra because they didn't shut it down.
We have had a lot of questions recently on i.q. This URL would be much improved if participants had to have i.q.'s over 35.
2006-08-07 14:25:55 · answer #8 · answered by retiredslashescaped1 5 · 0⤊ 0⤋
Nah, it's just a ploy to drive up prices. I mean who cares if oil is dripping all over the place because the pipes are full of holes? We need the oil, so keep it coming, regardless, right?
2006-08-07 14:16:28 · answer #9 · answered by sonyack 6 · 0⤊ 0⤋
Why else would they do this, and lose money? You may say they can make money by raising prices, but an awful lot of production is being cut, and a lot of money will be lost.
2006-08-07 14:12:05 · answer #10 · answered by TxSup 5 · 0⤊ 0⤋