Saturday, September 2, 2017

Tankerjam

It was thirty days around the Horn
The captain says it's thirty five more
The moon looks mean and the crew ain't stayin'
'There's gonna be some blood' is what they're sayin'
--Jay Ferguson

Energy supply chain disruption remains in motion down south. Not only are refineries struggling to produce and pipelines struggling to pump, but raw material in the form of crude oil sitting in tankers is piling up in the Gulf.


Currently close to 60 tanker ships are anchored in the Gulf waiting for ports to open. Interesting dynamic view here.

With perhaps 20% of US refining capacity not producing, refined product unable to find its way downstream, and lots of raw material sitting offshore, easy to imagine how this situation reaches out to touch lots of people.

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