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re: This entire event has made me realize how dumb people are...
Posted on 5/14/11 at 11:45 pm to JudgeHolden
Posted on 5/14/11 at 11:45 pm to JudgeHolden
quote:
man will win this battle.
Yeah, but which ones. There's the rub.
0
Posted on 5/14/11 at 11:46 pm to Tigah in the ATL
quote:
Do you understand that crude is offloaded out in the gulf?
And I guess they email the refined products out right?
Posted on 5/14/11 at 11:46 pm to Tigah in the ATL
quote:
Do you understand that crude is offloaded out in the gulf?
not all of it
Posted on 5/14/11 at 11:48 pm to JudgeHolden
quote:
usiness friendly government,
ya LA hates big oil
Posted on 5/14/11 at 11:50 pm to bryso
quote:
ya LA hates big oil
Not sure if you meant that seriously or sarcastically, but we do not do a hell of a lot to court industry. We certainly are not perceived as a business friendly state by outside capital.
Posted on 5/14/11 at 11:50 pm to JudgeHolden
quote:
The point is that Houston has huge advantages, as does Beaumont. You are closer to the Gulf, you have a far more business friendly government, and your channel is not ever going to shift.
But you are exposed to the wrath of the Gulf. Salt water, hurricanes, etc
Both have advanctages over the other and ALL have large industry.
THere are many economic factors involved. My piont is pertaining to the Miss river, its not going to leave BR for a LONG LONG time!
ANyone wanna bet
Posted on 5/14/11 at 11:53 pm to JudgeHolden
quote:
Not sure if you meant that seriously or sarcastically, but we do not do a hell of a lot to court industry. We certainly are not perceived as a business friendly state by outside capital.
sowhat would you like us to do?
This post was edited on 5/14/11 at 11:54 pm
Posted on 5/14/11 at 11:54 pm to the LSUSaint
quote:
ANyone wanna bet
Investors never bet without expecting return. A hurricane will shut down your refinery and damage it. A waterway shift will leave you with a hell of a lot of useless plumbing and storage that is in exactly the wrong place. Remember that there is no cheaper way to ship bulk over distance than by water, and there is no more expensive way than by trucking. (Well, I guess you could Fed Ex it and spend more). The margins in refining are tight. So if you ever lose the waterway, you lose the entire investment.
Take it seriously or don't. But I guaran-damn-tee you that the people who make the decisions about big capital investments are thinking about it.
Posted on 5/14/11 at 11:58 pm to bryso
quote:
sowhat would you like us to do?
1. Don't stay cocky about the fact that you have the refinery in your town.
2. Think about it when you pull that lever in the voting booth.
3. Elect a governor who is not set on running for President. Ok. Maybe that is a cheap shot. But that is how I feel about it.
Posted on 5/14/11 at 11:58 pm to JudgeHolden
why are you trying to stir the pot?
i think Obamas announcement to open up drilling off shore in a number of places will cause more issues to LA than the slight chance the river wants to take the scenic route.
i think Obamas announcement to open up drilling off shore in a number of places will cause more issues to LA than the slight chance the river wants to take the scenic route.
Posted on 5/14/11 at 11:59 pm to JudgeHolden
Well sure they are, thats what they do for a living. But it takes MANY years to build others. Its not like you can pack up in Uhauls and move elsewhere.
Those same people are thinking everyday about staying put and making due. THere are many unknowns in teh fossil fuel futures. SO they have to weight the risk of building another now vs. economic conditions and possible future defficiencies in demand.
Its a LOT more than saying, "you know what? In the next 50 yrs this river may shift. Let's get out now"
(exagerating but you get my drift)
Those same people are thinking everyday about staying put and making due. THere are many unknowns in teh fossil fuel futures. SO they have to weight the risk of building another now vs. economic conditions and possible future defficiencies in demand.
Its a LOT more than saying, "you know what? In the next 50 yrs this river may shift. Let's get out now"
(exagerating but you get my drift)
Posted on 5/14/11 at 11:59 pm to JudgeHolden
and Jindal in the white house is bad for Louisiana how?
This post was edited on 5/15/11 at 12:01 am
Posted on 5/15/11 at 12:02 am to bryso
Posted on 5/15/11 at 12:02 am to bryso
quote:
why are you trying to stir the pot?
If this is a risk for Exxon, then it is a risk for us. That is my point. And the people who make those decisions for Exxon were just confronted with this as a real possibility for the first time in 38 years. The risk of channel change is going to start appearing in some strategic planning powerpoints. That is the reality. What do we do about it? Maybe there is nothing we can do. I am just pointing out that it will be running through the minds of some of the people who decide how to invest or reinvest.
Posted on 5/15/11 at 12:05 am to the LSUSaint
quote:
Its a LOT more than saying, "you know what? In the next 50 yrs this river may shift. Let's get out now"
When you are building out thirty year capital projects, it is exactly that. Look, blaze away at the messenger if you want. But anyone who is looking to invest big money on the River is going to think about this. Remember, if it changes, the economics of any big plant on the River go negative.
Posted on 5/15/11 at 12:06 am to JudgeHolden
i guess they can put it behind the katrina/rita slide.
Posted on 5/15/11 at 12:06 am to the LSUSaint
quote:
thread hijacked
The accused hereby surrenders to the authorities. Doesn't change anything.
Posted on 5/15/11 at 12:16 am to JudgeHolden
quote:
When you are building out thirty year capital projects, it is exactly that. Look, blaze away at the messenger if you want. But anyone who is looking to invest big money on the River is going to think about this. Remember, if it changes, the economics of any big plant on the River go negative.
Correct...and exactly how long have they been in Baton Rouge?
Posted on 5/15/11 at 12:17 am to JudgeHolden
quote:
thread hijacked
The accused hereby surrenders to the authorities. Doesn't change anything.
I was referring to the politcal talk about the president
Posted on 5/15/11 at 12:26 am to JudgeHolden
Noone has brought up the amount of commerce that goes up the river. This is the only place in the country that you have this kind of access. The plants arent, and they are not thinking of moving, anywhere.
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