Gas Relief

[Dr. Shane]

If it is all about supply and demand, well supply is about to grow big time.

Pipeline Done, Oil From Azerbaijan Begins Flowing to Turkey

</font><blockquote><font class="small">Quote:</font><hr />

The pipeline has a capacity of 10 million barrels, he said, and the fields are initially expected to produce more than 400,000 barrels of oil a day. By 2008, the project is expected to pump a million barrels a day. BP said the pipeline could take more than six months to fill, with the loading of the first tanker at Ceyhan expected in the fourth quarter.

<hr /></blockquote><font class="post">

</font><blockquote><font class="small">Quote:</font><hr />

While the oil would not necessarily be exported directly to the United States, it would supplement now-tight global supplies, perhaps helping to lower energy prices. The pipeline advances Washington's goal of developing multiple oil and gas export routes, Richard A. Boucher, a State Department spokesman, said on Wednesday.

<hr /></blockquote><font class="post">

[Clio]

Did you know the Alaska Pipeline has the capacity to carry 2 million pumped barrels a day, but it is less than half full?

clio