Hoarding is exactly what the government is doing right now by filling the SPR, and frankly it's the best thing that could happen. It drives prices up. High prices encourage demand destruction. They also finance new well development. The hoarded oil gives us a buffer to fall back on once shortages become more prevalent. High prices are what we need in order to adapt to what's coming, and the sooner they happen, the better.
Joined: Sep 12, 2005 Posts: 57 Location: Seattle, WA
Posted: Mon Sep 12, 2005 4:50 pm Post subject: Re: Blackout in Los Angeles
A buddy of mine in LA just told me:
"Some dumbass at the department of water and power cut a major powerline. Not cause by terrorism and the power should be back up in 30 minutes (the power is up where I am now)"
Joined: Aug 17, 2004 Posts: 3541 Location: 39° 39' N 77° 77' W or thereabouts
Posted: Mon Sep 12, 2005 4:53 pm Post subject: Re: Blackout in Los Angeles
Spot price of gasoline up 7 cents.
Quote:
Valero refinery hit by L.A. power outage (link)
Mon Sep 12, 2005 5:14 PM ET
NEW YORK, Sept 12 (Reuters) - Valero Energy Corp. (VLO.N: Quote, Profile, Research) said its 78,000 barrels per day Wilmington, California refinery experienced a total power failure after a major electricity outage hit the Los Angeles area on Monday.
Valero said in a statement that "neighboring plants are also impacted."
Joined: May 17, 2004 Posts: 293 Location: San Jose, CA
Posted: Mon Sep 12, 2005 5:43 pm Post subject: Re: Blackout in Los Angeles
Sounds like somebody screwed up big time:
Quote:
Los Angeles Department of Water and Power officials said the outage was linked to human error at a receiving station near Burbank. Workers connected the wrong wires, causing a surge of power that led to shutdowns at three power generating stations, according to officials.
Receiving stations take high-voltage power from generating stations and convert it to lower voltage. It can then be used throughout the city.
Ron Deaton, general manager of the Los Angeles Department of Water and Power, said the system is designed to shut down when it receives too much power.
"They connected it to another line that was not expecting that much electricity," said Deaton.
Joined: Aug 17, 2004 Posts: 3541 Location: 39° 39' N 77° 77' W or thereabouts
Posted: Mon Sep 12, 2005 9:19 pm Post subject: Re: Blackout in Los Angeles
MattSavinar wrote:
mgibbons19 wrote:
OH MY GOD THE PEAK IS HERE SOCIETY IS FAILING WHERE'S MY GOLD?!!?
Mines next to my gun. You?
Humpty-dumpty lived in a cargo cult
Humpty-dumpty's cargo stream had a great decline
All the gold and all the guns
Couldn't keep Humpty's belly full, shoes on his feet, etc.
Posted: Mon Sep 12, 2005 9:37 pm Post subject: Re: Blackout in Los Angeles
BabyPeanut wrote:
MattSavinar wrote:
mgibbons19 wrote:
OH MY GOD THE PEAK IS HERE SOCIETY IS FAILING WHERE'S MY GOLD?!!?
Mines next to my gun. You?
Humpty-dumpty lived in a cargo cult
Humpty-dumpty's cargo stream had a great decline
All the gold and all the guns
Couldn't keep Humpty's belly full, shoes on his feet, etc.
True, but weapon could come handy if/when there are roaming rape gangs, as there in New Orleans (in the Dome at least)
If a place like Los Angeles was without power for more than 72 hours, you want to take the risk that there wont' be roaming rape gangs looking to make a little girl out of you?
Posted: Mon Sep 12, 2005 9:41 pm Post subject: Re: Blackout in Los Angeles
mgibbons19 wrote:
OH MY GOD THE PEAK IS HERE SOCIETY IS FAILING WHERE'S MY GOLD?!!
I have to say, this actually made me laugh quite hard in kind of a self-conscious way. In all honesty, the first thing that ran through my mind was, "Fark, I knew I should have paid extra for priority shipping on my weekend order from http://www.majorsurplusnsurvival.com"
BTW, I have no connection to them whatsoever. They do have some good deals though.
Posted: Mon Sep 12, 2005 9:49 pm Post subject: Re: Blackout in Los Angeles
MattSavinar wrote:
mgibbons19 wrote:
OH MY GOD THE PEAK IS HERE SOCIETY IS FAILING WHERE'S MY GOLD?!!?
Mines next to my gun. You?
Close at hand don't worry.
And I'm not picking on you. Just the board in general. Being aware of this stuff makes EVERY EVENT seem like THE EVENT even though we all know it could go slow or fast, now or ten years from now. One does get a little nervous when this Monday starts with Kunstler, Simmons, the Mogambo,3.00 fuel, reports of natgas doubling this winter, only to have blackouts in LA. But only Peakers are going to notice all of that in one day.
Posted: Mon Sep 12, 2005 9:51 pm Post subject: Re: Blackout in Los Angeles
RonMN wrote:
LOS ANGELES (Sept. 12) - A large portion of Los Angeles was blacked out Monday when electrical power was lost.
The power got knocked out shortly before 1 p.m. after two power surges.
Traffic lights throughout downtown and the San Fernando Valley were not working, causing major traffic problems, according to video from helicopter news crews.
Downtown highrises also were darkened.
The city's department of water and power said it was investigating the cause and extent of the outage. 09/12/05 16:17 EDT
Maybe I'm wrong, but don't they get their natural gas from Canada? Since electricity is produce by natural gas power planet, maybe something going on with natural gas production?
Ps: They say it was b/c of a mistake
http://today.reuters.com/business/newsarticle.aspx?type=tnBusinessNews&storyID=nN12366749 _________________ We are babies, we must cry.
Oil is Peaking, we must lie.
la la la la la la la...
Posted: Mon Sep 12, 2005 9:55 pm Post subject: Re: Blackout in Los Angeles
mgibbons19 wrote:
MattSavinar wrote:
mgibbons19 wrote:
OH MY GOD THE PEAK IS HERE SOCIETY IS FAILING WHERE'S MY GOLD?!!?
Mines next to my gun. You?
Close at hand don't worry.
And I'm not picking on you. Just the board in general. Being aware of this stuff makes EVERY EVENT seem like THE EVENT even though we all know it could go slow or fast, now or ten years from now. One does get a little nervous when this Monday starts with Kunstler, Simmons, the Mogambo,3.00 fuel, reports of natgas doubling this winter, only to have blackouts in LA. But only Peakers are going to notice all of that in one day.
Have to agree with you. I think some peak oiler are really lot to be desire, but we can have fun - now and then _________________ We are babies, we must cry.
Oil is Peaking, we must lie.
la la la la la la la...
Posted: Mon Sep 12, 2005 10:05 pm Post subject: Re: Blackout in Los Angeles
MattSavinar wrote:
If a place like Los Angeles was without power for more than 72 hours, you want to take the risk that there wont' be roaming rape gangs looking to make a little girl out of you?
Matt
I'm wondering... Why would anyone wanna rape anyone, when they are at the verg of starvation? I mean shouldn't they be looting food, clothes, medice in New Orleans? C'mon...
And if they were interested in sex - Why would they wanna Fark plump little man or 400 pound woman? Don't believe anything media tell you.
Maybe being handsome is not so safe today _________________ We are babies, we must cry.
Oil is Peaking, we must lie.
la la la la la la la...
Joined: Oct 04, 2004 Posts: 4877 Location: Oklahoma
Posted: Mon Sep 12, 2005 10:47 pm Post subject: Re: Blackout in Los Angeles
knoppix2004 wrote:
I'm wondering... Why would anyone wanna rape anyone, when they are at the verg of starvation? I mean shouldn't they be looting food, clothes, medice in New Orleans? C'mon...
Because they feel powerless and rape makes them feel powerful.
Joined: Aug 14, 2005 Posts: 766 Location: Dead civilization walking
Posted: Mon Sep 12, 2005 10:54 pm Post subject: Re: Blackout in Los Angeles
ROTFLMAO! I figured folks would be jumpy. I was driving back from one of my buildings in San Pedro on Gaffey St which runs right past the refinery. Several traffic lights were out but MAN, THOSE FLARES WERE 50 FEET HIGH! Every stack on both Wilmington refineries shot up 40 to 50 foot long flares with thick black smoke. The last time they all flared that bad was when we had the Northridge quake. KNX 1070 sputtered off the air and I was just a teensy-weensy freaked out myself. I unplugged the computer expecting that if power went off, there might be a surge when it went back on. The LAPD went on tactical alert but traffic in my area was normal enough.
That was my entertainment for the day. No locking & no loading, no gunning down hordes of rampaging mutant zombie bikers trying to attack my squash and tomato plants
Posted: Tue Sep 13, 2005 8:47 am Post subject: Re: Blackout in Los Angeles
Quote:
But only Peakers are going to notice all of that in one day.
That really is an important issue. Especially when it relates to PO awareness or outreach. We do notice things that, taken individually, don't add up to much. But when looked at as a part of the bigger picture, they can scare the bejeezes out of you. Others who are not PO aware don't notice the connection between event - if there is one - or see the bigger picture.
Given the recent events in NO, my first thought was that I hoped the power came back on quickly (and thankfully it did). If/when the time comes that power outages are more frequent and/or of longer duration, we may indeed see more social unrest.
In combination with other troubles coming our way, potential grid problems could make cities even more difficult to live in. Yet another reason I'm glad I live in the boonies . We may be in the dark if the power goes out, but at least there are fewer other people to have to worry about in the dark with me.
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