- Oct 12, 2006
- 1,974
- Boat Info
- "On Vacation"
2006 40 Sundancer
Raymarine E125 & HD Radar + Garmin 5208
- Engines
- QSB5.9 380 Cummins
Name a reason for the spike in oil...any reason will do aparently... I wouldn't have thought Houston gets alot of fog, let alone enough to shut down the entire "Houston Channel"!
Jim, send them down some brochures of the new HD radars, please!
Copyright CNN.com
Crude supplies up more than expected
One of the reasons the supply of crude oil shot up this week is because oil tankers have had trouble delivering their supplies in recent weeks due to fog in the Gulf Coast, according to Phil Flynn, Senior market analyst at Alaron Trading in Chicago.
"Some of this oil that we are seeing was going to be delivered earlier," says Flynn. "The Houston channel was shut down due to bad weather, and so you have all these oil tankers that can't unload cargo and everything grinds to a halt."
Jim, send them down some brochures of the new HD radars, please!
Copyright CNN.com
Crude supplies up more than expected
One of the reasons the supply of crude oil shot up this week is because oil tankers have had trouble delivering their supplies in recent weeks due to fog in the Gulf Coast, according to Phil Flynn, Senior market analyst at Alaron Trading in Chicago.
"Some of this oil that we are seeing was going to be delivered earlier," says Flynn. "The Houston channel was shut down due to bad weather, and so you have all these oil tankers that can't unload cargo and everything grinds to a halt."