August 19, 2008
1330z
UNISYS Water Vapor GOES East Satellite
There is a 'vortex air mass' centered over 'Oklahoma/Texas border' as well as one over Quebec. They are pushing the storm currently located on Florida's west coast in a northeast direction. The storm will 'classically' weaken over that land mass and accelerate again once connected with 'open water' or 'coastal conditions.'
The hurricane center seems to believe it will dissipate over northern Florida. I hope they are correct. It is contributing to a heat transfer system and will continue in that capacity until it dissipates. (click here)
The vortex air mass currently over the south central USA will continued to move into the Gulf and add to the turbulence there.
ABOUT THIS 'OIL THING.'
Summer Vacation Season is OVER for most folks, right?
It is called 'Price Gouging.'
McCain was going to try to 'protect' his Big Oil Buddies with a 'Summer Time Subsidy.'
Interesting, huh? It isn't a conspiracy thing, it is an 'opportunist' thing.
This way the American electorate/public wouldn't be 'up in arms' at the reality of it all and Big Oil wouldn't have to sacrifice profits. Only the American Tax Bill would get bigger.
We need alternatives, NOT oil.
Oil drops to near $112 as storm threat eases (click here)
By PABLO GORONDI – 55 minutes ago
Oil prices dropped near $112 a barrel Tuesday, extending an overnight decline as Tropical Storm Fay avoided wells and other oil installations in the Gulf of Mexico.
By midday in Europe, light, sweet crude for September delivery was down 77 cents to $112.10 a barrel in electronic trading on the New York Mercantile Exchange.
The contract fell 90 cents Monday to settle at $112.87 a barrel after the threat of Tropical Storm Fay eased. That was the first time crude ended below $113 since May 1.
In London, October Brent crude fell 64 cents to $111.30 a barrel on the ICE Futures exchange.
Analysts also said oil pricing is likely to remain suppressed amid concerns that a global economic slowdown may further dampen world demand. But intermittent supply concerns due to the hurricane season and ongoing conflicts such as that between Russia and Georgia are likely to halt any sharp slide in pricing....
By PABLO GORONDI – 55 minutes ago
Oil prices dropped near $112 a barrel Tuesday, extending an overnight decline as Tropical Storm Fay avoided wells and other oil installations in the Gulf of Mexico.
By midday in Europe, light, sweet crude for September delivery was down 77 cents to $112.10 a barrel in electronic trading on the New York Mercantile Exchange.
The contract fell 90 cents Monday to settle at $112.87 a barrel after the threat of Tropical Storm Fay eased. That was the first time crude ended below $113 since May 1.
In London, October Brent crude fell 64 cents to $111.30 a barrel on the ICE Futures exchange.
Analysts also said oil pricing is likely to remain suppressed amid concerns that a global economic slowdown may further dampen world demand. But intermittent supply concerns due to the hurricane season and ongoing conflicts such as that between Russia and Georgia are likely to halt any sharp slide in pricing....
