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Ways Sandy could jolt energy markets

MarketWatch -- As Hurricane Sandy barrels toward the East Coast, people naturally wonder whether the power line to their home will ride out the storm.

That’s energy worry No. 1, and the reason hurricanes always spark a run on batteries.

But there are other ways Sandy can seriously mess with energy markets. Here are a few worth keeping an eye on.
Heating oil

The East Coast is the world’s biggest heating oil market. This is the time of year homeowners top up their storage tanks to make sure they’re ready for the cold weather. Much of the heating oil headed to markets north of New York is delivered by barges.

Those barges aren't going to sea if there’s a hurricane lurking offshore. Loading and unloading operations are also typically suspended during storms for fear of dockside spills.

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Submitted Oct 27, 2012 By: brbaritone

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honda0105 Champion Author Tallahassee Posts:18,609 Points:1,608,545 Joined:Nov 2008	Message Posted: Oct 31, 2012 3:59:23 AM Ignore honda0105 Report Abuse Spy: well, in the north, Old Man Winter has already started to frostbite and nip on ears and fingertips. In fact, Central Europe had already a snow storm and regionally about 10F weather.
me2too4c Veteran Author New York Posts:250 Points:237,910 Joined:Jul 2012	Message Posted: Oct 29, 2012 2:25:18 PM Ignore me2too4c Report Abuse no surprises here!!
lesndave Champion Author Texas Posts:3,032 Points:700,180 Joined:May 2011	Message Posted: Oct 28, 2012 9:39:40 PM Ignore lesndave Report Abuse Surprised??? Anyone??
Van_Halen Champion Author Atlanta Posts:2,846 Points:640,420 Joined:Apr 2011	Message Posted: Oct 28, 2012 9:11:40 PM Ignore Van_Halen Report Abuse . Once again, we need more Refineries in America so that Tornadoes, Fires, and Hurricanes can be covered by other parts of the country. The actual problem is the EPA, Eco-Terrorists, and Dumbocrats as not a single new major refinery has been built since 1979.
BM4225 Champion Author Atlanta Posts:10,114 Points:2,094,070 Joined:Aug 2006	Message Posted: Oct 28, 2012 5:51:59 PM Ignore BM4225 Report Abuse Well I filled up the car yesterday, and won't be doing any traveling for at least 2 weeks, so I am good there. Just parked the van with 1/2 tank, and have no plans for it till January, so that one won't need gas for a while, so I guess I am all set, no matter what happens to prices.
LilRedWagonIN Champion Author Indiana Posts:7,771 Points:1,554,160 Joined:Oct 2008	Message Posted: Oct 28, 2012 6:18:52 AM Ignore LilRedWagonIN Report Abuse Gulf coast refineries shut down for hurricanes. East coast refineries will shut down for a threat of a hurricane.
quasar502 Champion Author Lansing Posts:3,578 Points:800,375 Joined:Jan 2011	Message Posted: Oct 28, 2012 1:03:09 AM Ignore quasar502 Report Abuse Things no one thinks about. Good article.
txkrb Champion Author Texas Posts:1,558 Points:637,790 Joined:May 2011	Message Posted: Oct 27, 2012 10:44:32 PM Ignore txkrb Report Abuse By late October the first round of heating oil deliveries should all read y have been made to homes and distributors should have already received deliveries by barge, this storm should just delay an additional round of deliveries by a few days
jetskijerry Champion Author North Carolina Posts:3,891 Points:771,295 Joined:Mar 2011	Message Posted: Oct 27, 2012 10:23:43 PM Ignore jetskijerry Report Abuse If distributors had any sense of human decency, they would hold the line on prices in a disaster situation instead of making a killing...
snky2k Champion Author Indianapolis Posts:1,393 Points:302,590 Joined:Mar 2012	Message Posted: Oct 27, 2012 10:18:48 PM Ignore snky2k Report Abuse Ok.
crreed1 Champion Author West Virginia Posts:1,980 Points:2,525,360 Joined:May 2005	Message Posted: Oct 27, 2012 10:16:22 PM Ignore crreed1 Report Abuse prices will go back up
labombaOH Veteran Author Ohio Posts:432 Points:128,885 Joined:Nov 2007	Message Posted: Oct 27, 2012 10:11:55 PM Ignore labombaOH Report Abuse Rickey Cheney will get a good nights sleep tonight ..........................now that's America we all love.
Blue_Cruzer Champion Author Lexington Posts:7,515 Points:1,668,610 Joined:Mar 2007	Message Posted: Oct 27, 2012 10:10:47 PM Ignore Blue_Cruzer Report Abuse I'm sure we will be affected by higher prices all over.
billk44077 Champion Author Cleveland Posts:3,167 Points:629,605 Joined:Aug 2011	Message Posted: Oct 27, 2012 10:10:12 PM Ignore billk44077 Report Abuse Ok
wkb03 Champion Author Georgia Posts:1,955 Points:592,075 Joined:Aug 2011	Message Posted: Oct 27, 2012 10:08:27 PM Ignore wkb03 Report Abuse Not good for consumers
Goat2008 Champion Author Ontario Posts:1,145 Points:825,195 Joined:Aug 2008	Message Posted: Oct 27, 2012 10:07:39 PM Ignore Goat2008 Report Abuse Any excuse by the oil companies to put the price up.
joel27nc Champion Author Raleigh Posts:10,532 Points:1,857,395 Joined:Mar 2008	Message Posted: Oct 27, 2012 10:07:34 PM Ignore joel27nc Report Abuse Go away Sandy!
shores4now Champion Author Kentucky Posts:2,401 Points:522,825 Joined:Jul 2009	Message Posted: Oct 27, 2012 10:06:54 PM Ignore shores4now Report Abuse ok
CivicMA Champion Author Boston Posts:1,887 Points:533,245 Joined:Jun 2011	Message Posted: Oct 27, 2012 10:06:47 PM Ignore CivicMA Report Abuse OF course prices will go up. Never pass up an opportunity to screw the customer!
jdevlin All-Star Author Ontario Posts:798 Points:1,377,970 Joined:Sep 2008	Message Posted: Oct 27, 2012 10:06:20 PM Ignore jdevlin Report Abuse Any excuse to raise the price.
PrinceLH Champion Author Ontario Posts:2,687 Points:537,070 Joined:Jun 2011	Message Posted: Oct 27, 2012 10:05:40 PM Ignore PrinceLH Report Abuse Another excuse for robbery!
rahcat Champion Author Grand Rapids Posts:2,463 Points:661,975 Joined:Jan 2010	Message Posted: Oct 27, 2012 10:05:18 PM Ignore rahcat Report Abuse Prices already up $.25 today to $3.55
AKmailman Champion Author Alaska Posts:5,628 Points:1,556,590 Joined:Jul 2004	Message Posted: Oct 27, 2012 10:05:03 PM Ignore AKmailman Report Abuse lows tonight in the single digits, highs tomorrow in the mid to high 20's ....and life goes on
Doomsday64 All-Star Author Austin Posts:854 Points:335,055 Joined:Apr 2011	Message Posted: Oct 27, 2012 10:04:09 PM Ignore Doomsday64 Report Abuse ok
FrankTA2 Champion Author New York Posts:4,293 Points:1,094,560 Joined:Jun 2007	Message Posted: Oct 27, 2012 10:03:48 PM Ignore FrankTA2 Report Abuse Greedy oil companies will use this as an excuse to raise gasoline prices.
JamesCalvin Champion Author Lancaster Posts:3,181 Points:517,730 Joined:Nov 2011	Message Posted: Oct 27, 2012 10:02:53 PM Ignore JamesCalvin Report Abuse Of course! But let's wait and see!~
bluegrasser1 Champion Author Richmond Posts:15,928 Points:2,614,645 Joined:Sep 2005	Message Posted: Oct 27, 2012 10:01:57 PM Ignore bluegrasser1 Report Abuse ok
ToolinIt Champion Author Colorado Posts:1,803 Points:886,320 Joined:May 2010	Message Posted: Oct 27, 2012 10:00:07 PM Ignore ToolinIt Report Abuse ALERT!!! Light rain and freezing conditions are predicted for Fargo, ND. Global oil and gas prices are expected to skyrocket due to this weather report! That's how ridiculous that speculators have knee jerk reactions. Ob the other side of the coin, the value of the U.S. dollar and the price of oil shoots sky high. There's no rhyme or reason for the manner to the manner of betting that speculators may act! [Edited by: ToolinIt at 10/28/2012 12:10:14 AM EST]
NAVYHM All-Star Author Cleveland Posts:761 Points:1,384,955 Joined:May 2008	Message Posted: Oct 27, 2012 9:58:21 PM Ignore NAVYHM Report Abuse ANY REASON, FOR ANY REASON... DOWN THEN UP HIGHER...
Dragnet Champion Author Arizona Posts:15,401 Points:2,907,785 Joined:Jul 2004	Message Posted: Oct 27, 2012 9:54:59 PM Ignore Dragnet Report Abuse Anything for an excuse to jack up prices. Sandy has no direct affect other than media that incites price hikes.
driveonby1 Champion Author Toledo Posts:1,507 Points:256,665 Joined:Jun 2007	Message Posted: Oct 27, 2012 9:54:11 PM Ignore driveonby1 Report Abuse can't we see some reasons for prices to go down for some kind of reasonable time?
malfrog1 Champion Author South Bend Posts:2,196 Points:549,010 Joined:Feb 2011	Message Posted: Oct 27, 2012 9:48:19 PM Ignore malfrog1 Report Abuse the storm was probably praised by big oil
menagerie1013 Champion Author San Diego Posts:2,365 Points:688,365 Joined:Apr 2011	Message Posted: Oct 27, 2012 9:48:06 PM Ignore menagerie1013 Report Abuse Big oil misses no opportunity to price gouge.
abcdMA Champion Author Worcester Posts:7,917 Points:1,574,005 Joined:Nov 2008	Message Posted: Oct 27, 2012 9:43:20 PM Ignore abcdMA Report Abuse the reason to end the price slide
esq262 Champion Author Asheville Posts:2,892 Points:647,290 Joined:Jul 2011	Message Posted: Oct 27, 2012 8:44:34 PM Ignore esq262 Report Abuse Sandy is another reason to raise prices.
clermont40miles Champion Author Cincinnati Posts:10,562 Points:1,770,920 Joined:Apr 2008	Message Posted: Oct 27, 2012 8:35:28 PM Ignore clermont40miles Report Abuse Rascals will not let a good excuse (Sandy this time) go to waste.
cateyes8264 Champion Author Tennessee Posts:2,957 Points:642,615 Joined:Jul 2011	Message Posted: Oct 27, 2012 8:19:13 PM Ignore cateyes8264 Report Abuse Just more excuses to raise the prices. Anything will work. Oh no it rained in the gulf, prices going up. Oh no it is 5 deg colder this winter so prices going up. Blah blah blah. Tired of them trying to justify it. Just tell it like it is "hey we can get more money for oil/gas and you have to pay it, so hey we are going to".
ILoveGoldens All-Star Author Kentucky Posts:901 Points:378,880 Joined:Aug 2011	Message Posted: Oct 27, 2012 8:14:18 PM Ignore ILoveGoldens Report Abuse I hope everyone heeds the warnings and stays safe!
lesndave Champion Author Texas Posts:3,032 Points:700,180 Joined:May 2011	Message Posted: Oct 27, 2012 8:11:08 PM Ignore lesndave Report Abuse Sure.
nightworker998 Champion Author Maryland Posts:1,802 Points:665,640 Joined:Mar 2009	Message Posted: Oct 27, 2012 8:07:57 PM Ignore nightworker998 Report Abuse Not any every
itzagasgasgas1 Champion Author Cincinnati Posts:3,969 Points:1,598,520 Joined:Aug 2005	Message Posted: Oct 27, 2012 8:04:14 PM Ignore itzagasgasgas1 Report Abuse Any excuse.
LocalSpyGuy Champion Author Tampa Posts:7,795 Points:1,584,200 Joined:Nov 2008	Message Posted: Oct 27, 2012 8:00:57 PM Ignore LocalSpyGuy Report Abuse It's too early in the season to worry about heating oil.
SUPPER Champion Author San Bernardino Posts:2,473 Points:1,287,745 Joined:Dec 2004	Message Posted: Oct 27, 2012 7:57:56 PM Ignore SUPPER Report Abuse Ok
ramman2012 Champion Author Edmonton Posts:2,318 Points:495,460 Joined:May 2011	Message Posted: Oct 27, 2012 7:56:54 PM Ignore ramman2012 Report Abuse ok
96sc1 Champion Author El Paso Posts:8,517 Points:1,367,440 Joined:Mar 2008	Message Posted: Oct 27, 2012 7:55:11 PM Ignore 96sc1 Report Abuse I'd bet anything my power line will be unaffected.
mrselfdestruct All-Star Author Arkansas Posts:992 Points:166,775 Joined:Aug 2011	Message Posted: Oct 27, 2012 7:54:58 PM Ignore mrselfdestruct Report Abuse Rhoh roh
Blue48 Champion Author Illinois Posts:7,300 Points:1,636,970 Joined:Feb 2007	Message Posted: Oct 27, 2012 7:54:47 PM Ignore Blue48 Report Abuse GOOD LUCK EAST COAST!
pickledude72 Champion Author California Posts:1,120 Points:835,495 Joined:Jul 2008	Message Posted: Oct 27, 2012 7:53:30 PM Ignore pickledude72 Report Abuse anything affects the market, not just a hurricane
mplato Champion Author Columbia Posts:8,244 Points:1,814,295 Joined:Jun 2004	Message Posted: Oct 27, 2012 7:52:06 PM Ignore mplato Report Abuse well..since obummer hasnt allowed drilling along the east coast.....and only the refrieneries will be effected....raising prices in the NE will make people think twice for electing this no nothing do nothing
jamie12704 All-Star Author Minnesota Posts:570 Points:136,715 Joined:Sep 2012	Message Posted: Oct 27, 2012 7:49:48 PM Ignore jamie12704 Report Abuse The Greed boys will make it work for them