Shippers Concerned Over Possible Suez Canal Disruptions

[harvey007]

Source: New York Times

HOUSTON — Western oil and gas companies have halted most drilling in Egypt, but as violence has broken out in some cities the biggest immediate threat to world energy supplies could emerge from a possible blockage of the Suez Canal or nearby pipelines.

Read more: http://www.nytimes.com/2011/02/03/world/middleeast/03suez.html?src=twrhp

[dipsydoodle]

1. Apparently

a labour shortage is already affecting the canal.

I don't think they will deliberately obstruct the canal - the income from that is too important.

[Gormy Cuss]

2. That sounds like a handy excuse for the U.S. to step in, doesn't it?

Ugh.

[Fearless]

4. We already sent marines to the embassy... what's one more deployment...

:banghead:

[DCKit]

3. Either way, prices are going up.

The commodities traders smell blood in the canal.

[RUMMYisFROSTED]

5. Drilling?

They're the 30th supplier.

:scared: