Little to none most likely..... markets already priced in Libya being offline for extended period of time....whether they in their own civil war or the west is bombing gadafi's military resources.....doesn't matter much
Oil was trading and went up a couple bucks when no fly resolution passed (essentially west declaring war and assume bombing campaign to start soon)
Oil was trading and went up a couple bucks when no fly resolution passed (essentially west declaring war and assume bombing campaign to start soon)
as for other potential oil news.....been reports of something in the gulf but nothing clear yet
http://www.foxnews.com/us/2011/03/20/coast-guard-investigating-reports-oil-spill-gulf/
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Coast Guard Investigating Reports of Oil Spill in Gulf
Published March 20, 2011
| FoxNews.com
The U.S. Coast Guard is investigating reports of a potentially massive [FONT=inherit ! important][FONT=inherit ! important]oil[/FONT][/FONT] sheen about 20 miles north of the site of last April’s Deepwater Horizon oil rig explosion, according to the Times-Picayune.
Coast Guard spokeswoman Casey Ranel says the agency is sending out a cutter Sunday to collect samples of the substance, according to The Associated Press. Ranel says an airplane is also expected to fly over so officials can get a better idea of what’s in the water.
A press release sent Saturday night said the Coast Guard was investigating reports of an [FONT=inherit ! important][FONT=inherit ! important]oil [/FONT][/FONT][FONT=inherit ! important][FONT=inherit ! important]sheen[/FONT][/FONT] in the Gulf. The Coast Guard says there is a substance in the water, though officials have yet to determine what it is.
Pollution investigators and a helicopter crew are following up on two calls to the National Response Center, the federal point of contact for reporting oil and chemical spills, Paul Barnard, an operations controller for Coast Guard Sector New Orleans, told the Times-Picayune.
Nearly one year after the BP oil rig explosion that caused 4.9 million barrels of oil to pollute the Gulf of Mexico, a pilot flying over the area reported a sheen of about a half-mile long and a half-mile wide, according to Barnard. Another caller reported a much larger sheen – about 100 miles long.
he larger oil slick was spotted Saturday off Grand Isle, Louisiana, and reported by pilot Bonny Schumaker, who heads up the California-based environmental nonprofit “On Wings of Care.” Schumaker told oilspillaction.com that the slick is rapidly expanding, and reports that she will be returning to the site as soon as possible to further investigate the situation.
The Coast Guard is investigating the area near the Matterhorn well site, about 20 miles north of the BP Deepwater Horizon site, according to the Times-Picayune. The Matterhorn field includes a deepwater drilling platform owned by W&T Technology. It was acquired last year from TotalFinaElf E&P.
Click for the latest photos of the new spill at oilspillaction.com
http://www.foxnews.com/us/2011/03/20/coast-guard-investigating-reports-oil-spill-gulf/
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Coast Guard Investigating Reports of Oil Spill in Gulf
Published March 20, 2011
| FoxNews.com
The U.S. Coast Guard is investigating reports of a potentially massive [FONT=inherit ! important][FONT=inherit ! important]oil[/FONT][/FONT] sheen about 20 miles north of the site of last April’s Deepwater Horizon oil rig explosion, according to the Times-Picayune.
Coast Guard spokeswoman Casey Ranel says the agency is sending out a cutter Sunday to collect samples of the substance, according to The Associated Press. Ranel says an airplane is also expected to fly over so officials can get a better idea of what’s in the water.
A press release sent Saturday night said the Coast Guard was investigating reports of an [FONT=inherit ! important][FONT=inherit ! important]oil [/FONT][/FONT][FONT=inherit ! important][FONT=inherit ! important]sheen[/FONT][/FONT] in the Gulf. The Coast Guard says there is a substance in the water, though officials have yet to determine what it is.
Pollution investigators and a helicopter crew are following up on two calls to the National Response Center, the federal point of contact for reporting oil and chemical spills, Paul Barnard, an operations controller for Coast Guard Sector New Orleans, told the Times-Picayune.
Nearly one year after the BP oil rig explosion that caused 4.9 million barrels of oil to pollute the Gulf of Mexico, a pilot flying over the area reported a sheen of about a half-mile long and a half-mile wide, according to Barnard. Another caller reported a much larger sheen – about 100 miles long.
he larger oil slick was spotted Saturday off Grand Isle, Louisiana, and reported by pilot Bonny Schumaker, who heads up the California-based environmental nonprofit “On Wings of Care.” Schumaker told oilspillaction.com that the slick is rapidly expanding, and reports that she will be returning to the site as soon as possible to further investigate the situation.
The Coast Guard is investigating the area near the Matterhorn well site, about 20 miles north of the BP Deepwater Horizon site, according to the Times-Picayune. The Matterhorn field includes a deepwater drilling platform owned by W&T Technology. It was acquired last year from TotalFinaElf E&P.
Click for the latest photos of the new spill at oilspillaction.com
