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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:18,818 Points:1,636,245 Joined:Nov 2008	Message Posted: Oct 31, 2012 4:59:23 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:280 Points:256,960 Joined:Jul 2012	Message Posted: Oct 29, 2012 3:25:18 PM Ignore me2too4c Report Abuse no surprises here!!
lesndave Champion Author Texas Posts:3,168 Points:727,655 Joined:May 2011	Message Posted: Oct 28, 2012 10:39:40 PM Ignore lesndave Report Abuse Surprised??? Anyone??
Van_Halen Champion Author Atlanta Posts:2,959 Points:667,045 Joined:Apr 2011	Message Posted: Oct 28, 2012 10:11:40 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:10,236 Points:2,118,620 Joined:Aug 2006	Message Posted: Oct 28, 2012 6:51:59 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:7,907 Points:1,580,135 Joined:Oct 2008	Message Posted: Oct 28, 2012 7:18:52 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:3,718 Points:828,075 Joined:Jan 2011	Message Posted: Oct 28, 2012 2:03:09 AM Ignore quasar502 Report Abuse Things no one thinks about. Good article.
txkrb Champion Author Texas Posts:1,595 Points:660,180 Joined:May 2011	Message Posted: Oct 27, 2012 11:44:32 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:4,031 Points:798,995 Joined:Mar 2011	Message Posted: Oct 27, 2012 11:23:43 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:1,523 Points:329,840 Joined:Mar 2012	Message Posted: Oct 27, 2012 11:18:48 PM Ignore snky2k Report Abuse Ok.
crreed1 Champion Author West Virginia Posts:2,095 Points:2,549,740 Joined:May 2005	Message Posted: Oct 27, 2012 11:16:22 PM Ignore crreed1 Report Abuse prices will go back up
labombaOH Veteran Author Ohio Posts:440 Points:131,120 Joined:Nov 2007	Message Posted: Oct 27, 2012 11:11:55 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:7,655 Points:1,696,310 Joined:Mar 2007	Message Posted: Oct 27, 2012 11:10:47 PM Ignore Blue_Cruzer Report Abuse I'm sure we will be affected by higher prices all over.
billk44077 Champion Author Cleveland Posts:3,315 Points:658,280 Joined:Aug 2011	Message Posted: Oct 27, 2012 11:10:12 PM Ignore billk44077 Report Abuse Ok
wkb03 Champion Author Georgia Posts:2,095 Points:619,775 Joined:Aug 2011	Message Posted: Oct 27, 2012 11:08:27 PM Ignore wkb03 Report Abuse Not good for consumers
Goat2008 Champion Author Ontario Posts:1,285 Points:846,425 Joined:Aug 2008	Message Posted: Oct 27, 2012 11:07:39 PM Ignore Goat2008 Report Abuse Any excuse by the oil companies to put the price up.
joel27nc Champion Author Raleigh Posts:10,672 Points:1,885,095 Joined:Mar 2008	Message Posted: Oct 27, 2012 11:07:34 PM Ignore joel27nc Report Abuse Go away Sandy!
shores4now Champion Author Kentucky Posts:2,544 Points:550,525 Joined:Jul 2009	Message Posted: Oct 27, 2012 11:06:54 PM Ignore shores4now Report Abuse ok
CivicMA Champion Author Boston Posts:2,035 Points:561,620 Joined:Jun 2011	Message Posted: Oct 27, 2012 11:06:47 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:800 Points:1,402,910 Joined:Sep 2008	Message Posted: Oct 27, 2012 11:06:20 PM Ignore jdevlin Report Abuse Any excuse to raise the price.
PrinceLH Champion Author Ontario Posts:2,827 Points:564,770 Joined:Jun 2011	Message Posted: Oct 27, 2012 11:05:40 PM Ignore PrinceLH Report Abuse Another excuse for robbery!
rahcat Champion Author Grand Rapids Posts:2,676 Points:689,675 Joined:Jan 2010	Message Posted: Oct 27, 2012 11:05:18 PM Ignore rahcat Report Abuse Prices already up $.25 today to $3.55
AKmailman Champion Author Alaska Posts:5,758 Points:1,583,840 Joined:Jul 2004	Message Posted: Oct 27, 2012 11:05:03 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:905 Points:353,050 Joined:Apr 2011	Message Posted: Oct 27, 2012 11:04:09 PM Ignore Doomsday64 Report Abuse ok
FrankTA2 Champion Author New York Posts:4,405 Points:1,120,825 Joined:Jun 2007	Message Posted: Oct 27, 2012 11:03:48 PM Ignore FrankTA2 Report Abuse Greedy oil companies will use this as an excuse to raise gasoline prices.
JamesCalvin Champion Author Lancaster Posts:3,339 Points:546,280 Joined:Nov 2011	Message Posted: Oct 27, 2012 11:02:53 PM Ignore JamesCalvin Report Abuse Of course! But let's wait and see!~
bluegrasser1 Champion Author Richmond Posts:16,070 Points:2,642,345 Joined:Sep 2005	Message Posted: Oct 27, 2012 11:01:57 PM Ignore bluegrasser1 Report Abuse ok
ToolinIt Champion Author Colorado Posts:1,805 Points:911,260 Joined:May 2010	Message Posted: Oct 27, 2012 11:00:07 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:1,405,205 Joined:May 2008	Message Posted: Oct 27, 2012 10:58:21 PM Ignore NAVYHM Report Abuse ANY REASON, FOR ANY REASON... DOWN THEN UP HIGHER...
Dragnet Champion Author Arizona Posts:15,543 Points:2,933,535 Joined:Jul 2004	Message Posted: Oct 27, 2012 10:54:59 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:1,548 Points:264,865 Joined:Jun 2007	Message Posted: Oct 27, 2012 10:54:11 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:2,336 Points:576,710 Joined:Feb 2011	Message Posted: Oct 27, 2012 10:48:19 PM Ignore malfrog1 Report Abuse the storm was probably praised by big oil
menagerie1013 Champion Author San Diego Posts:2,365 Points:711,190 Joined:Apr 2011	Message Posted: Oct 27, 2012 10:48:06 PM Ignore menagerie1013 Report Abuse Big oil misses no opportunity to price gouge.
abcdMA Champion Author Worcester Posts:8,052 Points:1,600,730 Joined:Nov 2008	Message Posted: Oct 27, 2012 10:43:20 PM Ignore abcdMA Report Abuse the reason to end the price slide
esq262 Champion Author Asheville Posts:2,998 Points:673,665 Joined:Jul 2011	Message Posted: Oct 27, 2012 9:44:34 PM Ignore esq262 Report Abuse Sandy is another reason to raise prices.
clermont40miles Champion Author Cincinnati Posts:10,747 Points:1,798,620 Joined:Apr 2008	Message Posted: Oct 27, 2012 9:35:28 PM Ignore clermont40miles Report Abuse Rascals will not let a good excuse (Sandy this time) go to waste.
cateyes8264 Champion Author Tennessee Posts:2,997 Points:664,965 Joined:Jul 2011	Message Posted: Oct 27, 2012 9:19:13 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:905 Points:380,910 Joined:Aug 2011	Message Posted: Oct 27, 2012 9:14:18 PM Ignore ILoveGoldens Report Abuse I hope everyone heeds the warnings and stays safe!
lesndave Champion Author Texas Posts:3,168 Points:727,655 Joined:May 2011	Message Posted: Oct 27, 2012 9:11:08 PM Ignore lesndave Report Abuse Sure.
nightworker998 Champion Author Maryland Posts:1,902 Points:688,690 Joined:Mar 2009	Message Posted: Oct 27, 2012 9:07:57 PM Ignore nightworker998 Report Abuse Not any every
itzagasgasgas1 Champion Author Cincinnati Posts:4,109 Points:1,625,995 Joined:Aug 2005	Message Posted: Oct 27, 2012 9:04:14 PM Ignore itzagasgasgas1 Report Abuse Any excuse.
LocalSpyGuy Champion Author Tampa Posts:7,936 Points:1,611,900 Joined:Nov 2008	Message Posted: Oct 27, 2012 9:00:57 PM Ignore LocalSpyGuy Report Abuse It's too early in the season to worry about heating oil.
SUPPER Champion Author San Bernardino Posts:2,568 Points:1,314,215 Joined:Dec 2004	Message Posted: Oct 27, 2012 8:57:56 PM Ignore SUPPER Report Abuse Ok
ramman2012 Champion Author Edmonton Posts:2,320 Points:497,300 Joined:May 2011	Message Posted: Oct 27, 2012 8:56:54 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 8:55:11 PM Ignore 96sc1 Report Abuse I'd bet anything my power line will be unaffected.
mrselfdestruct Champion Author Arkansas Posts:1,082 Points:184,635 Joined:Aug 2011	Message Posted: Oct 27, 2012 8:54:58 PM Ignore mrselfdestruct Report Abuse Rhoh roh
Blue48 Champion Author Illinois Posts:7,440 Points:1,664,670 Joined:Feb 2007	Message Posted: Oct 27, 2012 8:54:47 PM Ignore Blue48 Report Abuse GOOD LUCK EAST COAST!
pickledude72 Champion Author California Posts:1,121 Points:841,240 Joined:Jul 2008	Message Posted: Oct 27, 2012 8:53:30 PM Ignore pickledude72 Report Abuse anything affects the market, not just a hurricane
mplato Champion Author Columbia Posts:8,389 Points:1,842,970 Joined:Jun 2004	Message Posted: Oct 27, 2012 8:52:06 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:669 Points:156,595 Joined:Sep 2012	Message Posted: Oct 27, 2012 8:49:48 PM Ignore jamie12704 Report Abuse The Greed boys will make it work for them