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BREAKING NEWS: BP Amoco Plant Explosion in Texas City

Not to worry. The President will chat it up with OPEC and convince them to raise production, just like he said before the 2000 campaign.
 
Originally posted by: BDawg
Not to worry. The President will chat it up with OPEC and convince them to raise production, just like he said before the 2000 campaign.
Click to expand...

Best Dubya voice: "Yeah, I, I, I, um, um, going make 'em open up ther spickets."
 
Originally posted by: conjur
No links yet...apparently just on TV news.


Ready for even higher gas prices?
Click to expand...

What a shock! Gas prices already soaring and one of our few, antiquated refinery's explodes. Don't MESS with Texas!
 
Damn Clinton !
Musta been Bill or Hillary.

Texas City Sun

A large explosion has occurred in Texas City near the Dow Chemical and BP oil refinery. The blast, which could be felt as far away as Hitchcock, occurred at 1:20 p.m. Wednesday.

The explosion has been declared Level 3 by city emergency management officials.

A large plume of black smoke could be seen above the city skyline, as the National Weather Service reported winds out of the north west blowing at 6 miles per hour.

The Texas City Independent School District has issued a shelter in place order. Spokeswoman Melissa Tortoricci said students will not be released until an all clear is sounded.

ALERT LEVELS

Alert levels used for incidents at Texas City chemical plants:

Level 1 ? The situation is under control. The incident is confined to a small area or to a fixed site and does not pose an immediate threat to life or property.

Level 2 ? The situation is not under control but is confined. The incident is confined to a small area or to a fixed site and does not pose a threat of spreading to a larger area.

Level 3 ? The situation is not under control and protective action may be necessary for the surrounding area. Additional Industrial Mutual Aid System assistance may be needed. An incident involving a greater hazard or a larger area, which poses a potential threat to life or property and which may require a limited evacuation of the surrounding area. Requires police to quarantine the area.

Level 4 ? An incident involving severe hazard or a large area, which poses an extreme threat to like and property and will probably require a large-scale evacuation; or an incident requiring the expertise and resources of the IMAS, neighboring cities, county, state, federal or private agencies and organizations.
 
Originally posted by: BDawg
Not to worry. The President will chat it up with OPEC and convince them to raise production, just like he said before the 2000 campaign.
Click to expand...

WTH does Bush and the Saudis have to do with a refinery in Texas. This plants makes things from crude oil. It doesn't pump new crude.
 
any cause determined yet?

would be funny if this was a terrorist strike - the first, and right in the heart of bush's state

that would be very, very...interesting 🙂 muhahahaa
 
There goes Texas City's quarterly plant explosion... I swear each of the past three quarters there have been explosion at various plants down there.
 
Originally posted by: phillyTIM
any cause determined yet?

would be funny if this was a terrorist strike - the first, and right in the heart of bush's state

that would be very, very...interesting 🙂 muhahahaa
Click to expand...

it would be pretty ironic except for the working-class people hurt and possibly 4 dead so far.......
It says something too about some nasty sh1t getting blasted through windows into local residents houses....
I hope they are ok 🙁
 
4 workers were killed 🙁
rose.gif


29 injured


Did this happen because they were pushing so hard???

This was the largest Refinery in Texas so I'm sure this will be a big excuse to raise prices further.

Have to reward all the stock brokers.
 
Originally posted by: dmcowen674
4 workers were killed 🙁
rose.gif


29 injured


Did this happen because they were pushing so hard???

This was the largest Refinery in Texas so I'm sure this will be a big excuse to raise prices further.

Have to reward all the stock brokers.
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Oil refineries routinely have explosions. This is the second one in Texas City this year, and third since Nov.
 
Originally posted by: Steeplerot
Originally posted by: phillyTIM
any cause determined yet?

would be funny if this was a terrorist strike - the first, and right in the heart of bush's state

that would be very, very...interesting 🙂 muhahahaa
Click to expand...

it would be pretty ironic except for the working-class people hurt and possibly 4 dead so far.......
It says something too about some nasty sh1t getting blasted through windows into local residents houses....
I hope they are ok 🙁
Click to expand...

"Working class people"

Uh, define working class? Yeah they work... They get paid quite WELL too.
 
the person in the story who was babysitting and had her windows blasted in and is sick now I would consider working class.
The refinery workers know they are a target and hopefully have a union to keep the money men from getting lax with saftey regulations.
-but then this is yee-haa Texas were talking about who knows?
"We don't need none of dem dere commie unions to keep workers safe here in Tex-BOOM!"
 
Back to the original subject: CNN link. It appears that gasoline did in fact affect the already record gas prices. "News of the refinery explosion sent gasoline futures prices on the New York Mercantile Exchange to all-time peaks over $1.60 a gallon in electronic trade and boosted cash prices in the Gulf Coast region."

It appears that the damage was limited ot just one part of the refinery. Thus gasoline production may still be able to continue.

In my opinion, oil prices probably won't be moved too much either way. At least not more than the few dollars a day swings oil prices are already on. One refinery may use less oil so that would lower demand and thus prices. However fear from the explosion could put a greater fear price onto the oil. The two would likely mostly offset. Gas of course should go up with lower refinery production.
 
Originally posted by: phillyTIM
any cause determined yet?

would be funny if this was a terrorist strike - the first, and right in the heart of bush's state

that would be very, very...interesting 🙂 muhahahaa
Click to expand...

rather inappropriate
 
Originally posted by: Steeplerot
the person in the story who was babysitting and had her windows blasted in and is sick now I would consider working class.
The refinery workers know they are a target and hopefully have a union to keep the money men from getting lax with saftey regulations.
-but then this is yee-haa Texas were talking about who knows?
"We don't need none of dem dere commie unions to keep workers safe here in Tex-BOOM!"
Click to expand...

nice generalization
 
well, do you know if this is a union shop or not?
I don't know, but wouldn't be surprised if it wasen't seeing how their accident record is so bad and their boss was a saudi or something.
 
Originally posted by: Steeplerot
well, do you know if this is a union shop or not?
I don't know, but wouldn't be surprised if it wasen't seeing how their accident record is so bad and their boss was a saudi or something.
Click to expand...

did i say anything about that? i just said nice generalization.

i mean, do you even think about what you're saying? that someone sabotaged their own plant just to make the price of the refined products go up? chances are, they won't make up for the lost volume of sales with the increase in price because people can buy other refined products from other refining companies.
 
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