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Emma 5/12/11 Mississippi floods (again)!
There is a high probability of a continual rise in gasoline prices as the recent flood threatens production at oil refineries and movement of fuel shipments along the Mississippi river Conclusion ,[object Object],[object Object],[object Object],Why do we care? Ten refineries are located along the Mississippi River at the scene of the disaster. These refineries make up 13.7% of the U.S.’s refining capacity and process 2,414,700 barrels/day of oil. In the short term, we can expect to see a hastening of the U.S. gasoline price increase to $4/gallon due to the increasing risk of temporary refinery shut-downs and disruptions in fuel transportation along the Mississippi River.
Floods are generally caused by a combination of weather conditions, including heavy snow- and rainfall, rapid snow melt, and colder than normal post-winter temperatures that keep the ground frozen, preventing the soil from absorbing water Background heavy snowfall lots of snow melt heavy rainfall soil inability to absorb water flood.
In the short-term, weather forecasts predict thunderstorms Thursday through Friday throughout Memphis;  年鑑   predictions point to a cooler, rainier summer and fall as well as a possible hurricane in late July in the Deep South Forecast Annual Weather Summary for the Deep South:  November 2010 to October 2011 Winter  will be colder than normal, with precipitation below normal in the north and above normal in the south. Most days in January will be cold, with other cold periods in early to mid-February.  Snowfall will generally be above normal , with the snowiest periods in mid- and late January and mid-February. April and May  will bring near-normal temperatures and  rainfall . Summer  will be warmer and drier than normal across the north  but cooler and rainier than normal across the south . The hottest periods will occur in late June and early and mid-July.  Expect a hurricane in late July. September and October  will be much  cooler and slightly rainier than normal.
In attempts to lower flood waters, officials opened the Birds Point-New Madrid floodway and the  Bonne Carre spillway  and are currently in talks to open up the Morganza spillway by early next week; this action, however, would damage agriculture and potentially disrupt operations at Alon USA Energy’s (ALJ.N) refinery (80,000 bpd) Prevention *Decision should be made by May 14
Latest reports indicate that the flood water has already risen past record highs and may continue to rise through May 21 Update 5/12/11 ,[object Object],[object Object],[object Object]
Appendix
Appendix
Appendix
Appendix

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Missisippi floods (again)!

  • 1. Emma 5/12/11 Mississippi floods (again)!
  • 2.
  • 3. Floods are generally caused by a combination of weather conditions, including heavy snow- and rainfall, rapid snow melt, and colder than normal post-winter temperatures that keep the ground frozen, preventing the soil from absorbing water Background heavy snowfall lots of snow melt heavy rainfall soil inability to absorb water flood.
  • 4. In the short-term, weather forecasts predict thunderstorms Thursday through Friday throughout Memphis; 年鑑 predictions point to a cooler, rainier summer and fall as well as a possible hurricane in late July in the Deep South Forecast Annual Weather Summary for the Deep South: November 2010 to October 2011 Winter will be colder than normal, with precipitation below normal in the north and above normal in the south. Most days in January will be cold, with other cold periods in early to mid-February. Snowfall will generally be above normal , with the snowiest periods in mid- and late January and mid-February. April and May will bring near-normal temperatures and rainfall . Summer will be warmer and drier than normal across the north but cooler and rainier than normal across the south . The hottest periods will occur in late June and early and mid-July. Expect a hurricane in late July. September and October will be much cooler and slightly rainier than normal.
  • 5. In attempts to lower flood waters, officials opened the Birds Point-New Madrid floodway and the Bonne Carre spillway and are currently in talks to open up the Morganza spillway by early next week; this action, however, would damage agriculture and potentially disrupt operations at Alon USA Energy’s (ALJ.N) refinery (80,000 bpd) Prevention *Decision should be made by May 14
  • 6.