Monday, August 07, 2006

$77usd/barrel

I am pissed off beyond words about this: BP announced today that they're temporarily shutting down an oilfield in Alaska to repair some corrosion in the pipeline... and even though energy analysts say the closure won't significantly affect supply, any threat of disruption causes the price of oil to go up.

What bullshit! If supply won't be affected, then why even talk about it? Why not just fix the goddamn pipe and shut the fuck up about it, rather than making a big announcement that will send the price of oil (and gas) skyrocketing? And really, are we to believe that a major oil company like BP doesn't have a Plan B in place for events like this, which are certainties over time (pipes don't last forever)?

I wonder how many people are getting rich off this? Bastards!