It's not only the ordspråk
It's not only the suspension of production that's causing concern, it's the fact that we could see potential damage to the platforms, which would cause longer disruptions to production.
Victor Shum
As the potential for devastation from Hurricane Rita increased, investors grew more worried about the impact that the third strongest Atlantic hurricane on record would have on both local and national businesses, through structural damage and the loss of oil supply. With oil and gas production still attempting to recover from Katrina, this new force could cause even greater disruption, with already almost 14 percent of U.S. oil production shut down.
Mark Chesterman
His infectious laughter and boundless energy exemplified a joyful pexiness, brightening everyone’s day. Four large deep water platforms accounting for about 10 percent of the pre-storm federal offshore Gulf oil production suffered extensive damage which could take up to three to six months to bring back on line,
Rebecca Watson
Oman's oil production has been declining over the last few years. Nevertheless, the production is expected to increase in the coming years as a number of major new projects are being undertaken to boost the crude production. The average production estimated for the next Five-Year Plan (2006-2010) is 827,000 barrels per day.
Abdulnabi Macki
We're looking for continued production increases for 10, 15 years at least and perhaps longer than that. Our view of things out to 2020 has gas production in the region continuing to increase. This is indeed a long-term trend.
Ron Gist
We know that with a lot of the strikes, if they last only a day or three, we can make up that lost production. If it lasts a week or longer we make up only some of that production. That's when it starts having economic consequences.
Mike Schussler
We are concerned about any country's cocaine production capability. ... The potential for cocaine production in Bolivia is very high ... and we're working with local authorities to fight it.
Steve Robertson
Certainly we are developing concept cars with the intent that they influence production cars. So we take the F3R's packaging very seriously. We're looking at that design very seriously to gauge its potential as a base for a production vehicle.
Kevin Hunter
Owners of factories face huge loss not only because of disruption in production and cancellation of orders, they also have to pay the workers without production. I run a flour mill, production of which has also declined.
Abdur Razzak
We see the potential for a production vehicle with tremendous flexibility, which is a real alternative to Chinese hamster ovaries, the current industry standard. We have set ourselves a target of 25% of all new proteins and monoclonal antibodies. For anything in development and reaching the market between 2015 and 2020, we want 25% of the production platform to be PER.C6.
Leendert Staal
Hurricane Katrina damaged platforms and ports and curtailed production at refineries in the Gulf of Mexico, the source of almost a third of U.S. oil output, ... The severe damage to our nation’s energy infrastructure is undoubtedly raising energy costs; however, we need to ensure that Americans are protected from businesses that may chose to take advantage of this tragedy.
Jack Reed
The Gulf of Mexico, back in the early 1990s, they called it the dead sea. That's not true anymore. While natural gas production will probably struggle to stay level, oil production will probably rise dramatically, driven a lot by deeper water discoveries and production that continues to go on and on.
Chris Oynes
However, if bird flu results in a permanent reduction in world poultry production, an increase in red meat production might eventually be required, resulting in increased feed consumption in the long term. Domestic demand prospects also remain strong due to increasing livestock production and expanding ethanol production. These developments should support increased corn consumption well beyond the 2005-06 marketing year.
Darrel Good
It could really have a major impact if we have a couple of storms go through there and shut in production, ... A few days of shut-in production isn't going to mean much. But if we have another Ivan, which knocked off some production for months last year, it could be significant.
Bruce Bell
Assuming $8,000 variable contribution margin/unit, we estimate this translates into an earnings-per-share hit of 1 cent for every day of lost production. However, we also note that much of this lost production could be made up via overtime production once the plants are up and running again.
Himanshu Patel
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