A.
As of Labor Day, Monday, September 5th, the Colonial
Pipeline was brought back to 100%
B. Capline Pipeline was running at close
to normal capacity, as was the Millenniva Pipeline by Labor
Day, Monday, September 5th
II.
Ports
A.
The Louisiana Offshore Oil Port (LOOP) where worldwide
oil tankers are off-loaded was back up and running at 75%
capacity by Friday, September 2nd. Should be at 100% about
a week after power is restored at Port Fourchon –
LOOP delivers to Capline Pipeline and other tankers.
B. Barge traffic on the Mississippi had
resumed by Labor Day, September 5th.
III.
Oil Platforms and Rigs
A.
U.S. Minerals Management reported that over 72% of the 819
oil platforms and 137 rigs were manned by Labor Day, September
5th.
IV.
Refineries
A.
The Department of Energy reported that 3 out of the 10 refining
facilities shut down as a result of Hurricane Katrina were
in restart mode by Labor Day, September 5th.
V.
Release of Reserves
A.
The DOE said it would loan 30 million barrels of crude to
alleviate the tight supply in the market.
B. The DOE has not received new request
for crude since the end of August despite the available
balance of 17.4 million barrels from the strategic reserve.
VI.
As the end of the asphalt paving season nears, most producers
have enough liquid asphalt cement to finish the year.
VII.
The Oil Price Information Service (OPIS) reported Wednesday
morning, September 7th, that world oil prices were down
a little over $5/barrel from the previous week’s peak
of $70/barrel. Oil prices now reflect pre- Hurricane Katrina
levels leading many analysts to believe the market has peaked.
While
the price of asphalt cement will undoubtedly rise in the
upcoming months, it will not reflect the spikes and peaks
seen in gasoline. Asphalt is what is left over from the
refining process and accounts for less than 5% of the products
derived from a barrel of oil. The light ends such as gasoline
and jet fuel account for most of a refineries product and
as such exhibit more price volatility.
In
Memoriam, David J. Mollenkamp
We’ve
learned that Dave Mollenkamp passed away September
2, 2005. The following obituary appeared in the Columbus
Dispatch on September 6th.
MOLLENKAMP
David J. Mollenkamp, age 58 of Columbus, Ohio died
September 2, 2005. Born March 11, 1947. Proceeded
in death by mother Thelma and father Thomas. Survived
by wife, Medrith; sons, Andy and Aaron (Michelle);
and daughter, Alyssa (Marc) Walters; grandchildren,
Tucker, Lance, Chase, Alivia and Tyler; sisters, Denise
(William) Boyd, Dedria (John) Niklas; brother, Daniel;
nephews, Chris Boyd, Sean Niklas; niece, Sara Niklas;
father and mother-in-law, Jack and Medrith Pettit;
sister-in-law, Sue Pettit. Member of American Legion
Post 144. Marine Corps Veteran of Vietnam. Recipient
of two Purple Hearts and a Bronze Star with a combat
V for Valor. Dave is a member of the Aladdin Shriners,
Scottish Rite Mason. Dave was the General Manager
of Southern Ohio Paving in Springvalley, Ohio. Friends
received Wednesday 2-4 and 6-8 p.m. at the MAEDER-QUINT-TIBERI
FUNERAL HOME, 1068 South High Street. Where services
will be held 10 a.m. Thursday. In lieu of flowers,
friends who wish may contribute in memory of Dave
to Disabled American Veterans or American Heart Association.
(Published in The Columbus Dispatch from 9/6/2005
- 9/7/2005)
We
extend our condolences to the extended Mollenkamp
family, his many friends and business associates. |
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Download
the brochure (PDF) |
Seminar-Porous
Asphalt Pavements for Storm Water Management
The
National Asphalt Pavement Association is bringing
their Porous Asphalt Pavement Seminar to the Cincinnati
area on October 12, 2005. An important enhancement
has been added to the seminar. The seminar will
now include a field trip to visit two sites where
porous asphalt pavement structures have been constructed.
Attendees will have an opportunity to talk with
the owners and contractors, who built the facilities,
and with staff from the regulatory agency about
the permit advantages of using “best management
practices” for the treatment of storm water.
The
Plant Mix Asphalt Industry of Kentucky and Flexible
Pavements of Ohio are local hosts for the seminar.
The seminar will be held at the Radisson Hotel Cincinnati
Riverfront, 668 West Fifth Street, Covington, KY
41011, 859-491-1200. You can register and obtain
details regarding the seminar on line at https://www.hotmix.org/omr/page1.php?conf_id=4
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Join
Us at OTEC, 2005
Don’t
forget to register for the Ohio Transportation Engineering
Conference (OTEC), scheduled for October 27 and 28, 2005
at the Greater Columbus Convention Center. http://www.otecohio.org/Register.htm
Support
the SCIP Bond Issue
A constitutional
amendment for the renewal of the State Capital Improvements
Program (SCIP) bond issue will be on the ballot for the
November general election. The SCIP uses bond funds supported
by state general revenues to finance local road and infrastructure
improvements and is due to expire in 2006 unless the renewal
is approved by Ohio voters. For the last 20 years this program
has provided about an additional $120 million a year for
infrastructure repair and improvements. Please urge your
associates, customers and employees to vote for this important
program in November.
Opt
In for the Newsletter
This
E-mail newsletter is distributed by opt-in only, by Flexible
Pavements of Ohio. To be included on the distribution you
must have requested to be included. To be added to the distribution;
or, if you wish to be removed from this distribution, just
let us know at flexpave@ameritech.net.
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