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Started By
Message
Is Dow plaquemine flaring tonite?
Posted on 7/13/16 at 9:23 pm
Posted on 7/13/16 at 9:23 pm
?
5
Posted on 7/13/16 at 9:23 pm to wal marks
They have been lately
Posted on 7/13/16 at 9:24 pm to wal marks
Yes.
Posted on 7/13/16 at 9:24 pm to wal marks
That time of the month?
Posted on 7/13/16 at 9:39 pm to wal marks
Does that mean that they are wasting money?
Posted on 7/13/16 at 9:51 pm to LakeViewLSU
quote:
Does that mean that they are wasting money?
Flare Tracking. An increase in flaring often precedes an increase in a company's stock price. Basically, the busier the company is, the more flaring. So anytime you see lots of flaring, you get in the market before reports for that quarter goes public.
Posted on 7/13/16 at 9:52 pm to Langland
So you presume that one chemical plant is an indicator for public stock price. Ok
Posted on 7/13/16 at 9:54 pm to DupontsCircle
Right.. sounds cool but doesn't sound fail safe. Oil is at almost $47 a barrel though
Posted on 7/13/16 at 9:55 pm to DupontsCircle
It's a thing, baw. Check it out. Just check it out.
Posted on 7/13/16 at 9:58 pm to Langland
quote:
Flare Tracking. An increase in flaring often precedes an increase in a company's stock price. Basically, the busier the company is, the more flaring. So anytime you see lots of flaring, you get in the market before reports for that quarter goes public.
OK....
My experience is that when you see flaring the facility is experiencing a process malfunction and is sending product to flare off until the issue is resolved. .
This post was edited on 7/13/16 at 9:59 pm
Posted on 7/13/16 at 9:59 pm to The Cool No 9
Dow is not a refinery baw
Posted on 7/13/16 at 10:01 pm to The Cool No 9
Didn't Dow sell most of its interests in plaquemine anyway?
Posted on 7/13/16 at 10:03 pm to Tigerswillprevail
quote:
OK....
My experience is that when you see flaring the facility is experiencing a process malfunction and is sending product to flare off until the issue is resolved. .
Basically, yes. They are burning off excess gases. Excess gases as a result of increased production.
Posted on 7/13/16 at 10:05 pm to wal marks
Did you need to specify the Plaquemine part on an LSU site?
Posted on 7/13/16 at 10:07 pm to Langland
quote:
asically, yes. They are burning off excess gases. Excess gases as a result of increased production.
Not worth the debate but typically a company does not burn product unless it must to control the process. If its an increase, they would have planned before hand.
Posted on 7/13/16 at 10:08 pm to Langland
Fairly certain they are currently in turnaround or will be in the next week or so.
This post was edited on 7/13/16 at 10:09 pm
Posted on 7/13/16 at 10:09 pm to Tigerswillprevail
quote:
Not worth the debate but typically a company does not burn product unless it must to control the process. If its an increase, they would have planned before hand.
You calling BS on me, baw?
Posted on 7/13/16 at 10:10 pm to Langland
Pretty much, yes
Posted on 7/13/16 at 10:10 pm to The Boat
quote:
Did you need to specify the Plaquemine part on an LSU site?
Could have been SCO
Posted on 7/13/16 at 10:12 pm to Tigerswillprevail
quote:
Pretty much, yes
You win.
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