DislikedThanks for the reply Jazzman... You should download the VT chart and see for yourself the GJ is trending down...
Ignored
I have VT Trader and it does not show that either???
The Only Constant Is Change!
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DislikedThanks for the reply Jazzman... You should download the VT chart and see for yourself the GJ is trending down...
Ignored
DislikedHere is the Colonial Pipeline, which is shut down. It normally carries 2.3 million barrels/day of gasoline.
Attachment
If you live in one of those states, you better hope that the refineries in Texas get started up really quick.
The Explorer pipeline, from Texas/LA to Indiana is also shut down for lack of supply (700,000 bpd). So midwest is also looking at problems.Ignored
DislikedI expect that US gasoline supplies are going to be the driving factor this week and we may see some seriously strange things about. The following states have already declared emergencies because of low gas supplies.
Alabama
North Carolina
West Virginia
Kentucky
Arkansas
Georgia
These were our gasoline stock levels going into Ike.
Attachment
Ike has shut down a quarter of the US refining capacity. Even assuming no damage (extremely unlikely), they will be down for a minimum of 7-10 days. With the power situation in Texas right now, they could possibly be down for weeks.
The Colonial pipeline, which supplies gasoline to the the Southeast and Atlantic Coast states is currently shut down. All supplies to these states will have to be trucked in unless they get the pipeline running quickly.
We will either see huge price spikes ($10+/gallon) or rationing very quickly. Disruptive does not begin to cover what I expect to see.Ignored
DislikedSpeaking of weekend prices, I don't know their history or their accuracy, but if VT trader is correct, that is the meanest weekend move I've ever seen in my life.
Pure evil, pls no flames I wasn't in a trade. Good news for longs is that there seems to be a H&S forming at the bottom to bring price up a bit.
I really have to wonder if things go south, what will happen to equities?
Good luck allIgnored
DislikedHmmmmm...seems a bit strange that the other regular weekend sources don't show that...187.xxx!!?? Anybody...anybody...Bueller?
I have VT Trader and it does not show that either???Ignored
DislikedI expect that US gasoline supplies are going to be the driving factor this week and we may see some seriously strange things about. The following states have already declared emergencies because of low gas supplies.
Alabama
North Carolina
West Virginia
Kentucky
Arkansas
Georgia
These were our gasoline stock levels going into Ike.
...........................
We will either see huge price spikes ($10+/gallon) or rationing very quickly. Disruptive does not begin to cover what I expect to see.Ignored
DislikedHonestly dont believe that is accurate, For more accurate data Feeds, you can visit www.tenfore.com/markets.asp Interbank data Feed.
That price concurs with the rest of the real-time feeds that I am seeing.Ignored
DislikedOn a purely strategic management level I find this all absolutely fascinating and a bit scary at the same time. Are you saying Markam there is only one pipeline supplying all these states?
I'm absolutely appalled at the vulnerability of the United States, Ike was a mere CAT2 hurricane, suppose Texas was hit with a CAT5. One minor surgical strike by a terrorist and all hell would break loose with several states locked down in short order.
I don't know much about the US, and I would imagine there are environmental planning concerns, but surely each state has its own reserves, like a dam, or is it that such a precarious situation was never considered as a real possibility. I am just curious, this can't be right.Ignored
DislikedI expect that US gasoline supplies are going to be the driving factor this week and we may see some seriously strange things about. The following states have already declared emergencies because of low gas supplies.
Alabama
North Carolina
West Virginia
Kentucky
Arkansas
Georgia
These were our gasoline stock levels going into Ike.
Attachment
Ike has shut down a quarter of the US refining capacity. Even assuming no damage (extremely unlikely), they will be down for a minimum of 7-10 days. With the power situation in Texas right now, they could possibly be down for weeks.
The Colonial pipeline, which supplies gasoline to the the Southeast and Atlantic Coast states is currently shut down. All supplies to these states will have to be trucked in unless they get the pipeline running quickly.
We will either see huge price spikes ($10+/gallon) or rationing very quickly. Disruptive does not begin to cover what I expect to see.Ignored
DislikedHonestly dont believe that is accurate, For more accurate data Feeds, you can visit www.tenfore.com/markets.asp Interbank data Feed.Ignored
DislikedSpeaking of weekend prices, I don't know their history or their accuracy, but if VT trader is correct, that is the meanest weekend move I've ever seen in my life.
Pure evil, pls no flames I wasn't in a trade. Good news for longs is that there seems to be a H&S forming at the bottom to bring price up a bit.
I really have to wonder if things go south, what will happen to equities?
Good luck allIgnored
DislikedOn a purely strategic management level I find this all absolutely fascinating and a bit scary at the same time. Are you saying Markam there is only one pipeline supplying all these states?
I'm absolutely appalled at the vulnerability of the United States, Ike was a mere CAT2 hurricane, suppose Texas was hit with a CAT5. One minor surgical strike by a terrorist and all hell would break loose with several states locked down in short order.
I don't know much about the US, and I would imagine there are environmental planning concerns, but surely each state has its own reserves, like a dam, or is it that such a precarious situation was never considered as a real possibility. I am just curious, this can't be right.Ignored
DislikedOanda still shows 193.66 as was the close on Friday. Since Oanda trading is open over the weekend I am considering to put in a limit sell @ 193.00 and take profit @ 191.00, depending on the Lehman situation, which I would not be surprised it stays unsolved. I will sure follow the news about this.
OrcaIgnored
DislikedOK it's done, limit sell 193.00 s/l 194.00, t/p 191.00
Lets see what happens.
OrcaIgnored