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Broadridge Financial Solutions, Inc. Message Board

  • shiftsuper175607 shiftsuper175607 Aug 27, 2005 11:53 AM Flag

    Hurricane threatens oil & gas

    With the storm two days away from landfall, its course is still uncertain. The National Hurricane Center now expects the storm to make a second landfall near the major oil and gas hub at Port Fourchon, La., sometime Monday, and then continue inland to New Orleans.

    About one-sixth of the U.S. oil supply comes through the Port Fourchon facilities. The port, the only one in the region that handles supertankers, accounts for about 13% of U.S. oil imports. About 27% of U.S. domestic production comes through the port's pipelines.

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    • I would strongly recommend you consult your physician about an immediate trial of Clozapine 100mg/3da. It has proven most indicative for treatment resistent, intermittent shizo-effective disorders. Large doses of Clozapine does however, have the possible side effect of Tardive Dyskinesia, a small incovenience for such a profound case as yours.

      Should the above modality fail, you will probably prove a most likely candidate for prolonged, inpatient treatment, quite possibly inclusive of several rounds of bi-lobal ECT, as well as both individual and group psychotherapy, as an adjunct to your anticipated resumption of psycotropic medications upon release. There is still hope.

    • This hurricane will prove I fear, catastrophic to not only to both O&G production and energy transport/refining, but also to the general US economy. Hurricanes are most unpredictable, but this awful thing is shaping up to become a real monster. Prayers should go out to those in its fearsome path. This one could cause lots and lots of problems, inclusive of gas lines, etc..

      • 1 Reply to sylamore03
      • Hello Syl,
        My pal, Petri, often speaks of you and holds you in high regard. Since I regard Petri highly, I feel at ease responding to his request of me to hone in the conversation over GCFB.
        Petri made some good comments back to you on this board, IMO, with regard to GCFB if one is patient with it and the story develops. After reviewing the financials and reading mgt. comments about further infrastructure buidout, the question is always whether mgt. can sell the market on prospects enough to attract capital needed to extend the infrastructure. We are talking fixed costs and, as you know, once taken on, these cost will have to be covered by the contribution margin before breakeven, and ultimately, profitability can occur. IMO, the company seems to be a ways off from that right now. It needs to get the stock price up in order to successfully accomplish expansion. Is the story strong enough?? I really don't know...all I can say is that the balance sheet suggest the need of additional capital before too long if the infrastructure costs are to be assumed since the company is not generating positive cash flow from operations at this time. Take care,
        Hopeful....P.S below
        I agree with your concerns about Katrina...and especially with regard to your concern for those in her path. May God put a shield up around folks. I live in east central Mississippi and remember all too well Hurricane Camille. The damage here was humongous. I pray the storm will subside and that there will be no loss of life. The economy is a far lesser concern. Again, take care.

 
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