Monday, August 07, 2006

BP announced today the closing of a major pipeline and oil field due to needed repairs, cutting off 400,000 barrels a day from production. This has driven oil prices above $77 a barrel.

Its my feeling that oil has got to start being looked at and approached as a national security asset. The public should be ALL OVER B.P. on this issue, for letting conditions degrade to the point of having to take these drastic measures! If you were a product/service provider and you let your business interest fall into such disrepair that you had to shut down like this you would be out of business and quickly.

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