<VV> reserve oil

[James Davis]

The Feds also waved the Jones Act.  This act prevents non-US flagged bulk 
carriers from bringing refined products into US ports.  Currently twenty 
foreign flagged bulk carriers have rerouted to the US ports.  This will 
greatly help with the East coast situation in the coming month.
For those of us that sit on top of the Plantation Pipeline, it is operating 
at 25% of capacity.  It is because the electrical capacity isn't up to 
normal down south.
Jim Davis



At 10:24 AM 9/2/2005, Ron Guy wrote:
>There is a disruption in both crude oil (rigs in the gulf had to be
>shutdown) and gasoline refineries (mostly power loss at the LA refineries).
>The federal response to these was, 1. make crude available from reserves and
>2. Lift EPA blend restrictions on refineries across the country to increase
>production availability to all.
>Both responses seem to me to be reasonable and about all the govt. of a free
>market society, which we are, should and could do.
>I hope you guys are not really as pesimistic as you sometimes sound on here.
>
>Ron Guy
>CORSA and others
>