Dean Only Seen Causing Mild Disruptions to Mexico Oil Ops

[phantom power]

Dean weakened into a Category 1 hurricane Tuesday afternoon after coming ashore in Mexico. The storm was heading inland at 18 miles per hour, with maximum sustained winds of 85 mph, according to the National Hurricane Center.

As of Tuesday afternoon, Mexico was even able to keep one of its oil export ports, Pajaritos, open for operations. Pajaritos is the third-largest oil port in the region, shipping crude to the U.S. Gulf Coast and also unloading gasoline imports from the U.S.

(...)

The Yucatan peninsula serves as a buffer, taming hurricanes before they reach the oil and natural gas areas west of the Yucatan. Pemex's rigs are also in shallower waters than their cousins on the U.S. side of the Gulf of Mexico, reducing their vulnerability to storm damage.

The waning power of the storm allowed Mexico to leave the Pajaritos port open on Tuesday. The other two oil ports in the area, Dos Bocas and Cayo Arcas, remained closed.

None of the company's oil refineries have been affected by the storm.

http://www.rigzone.com/news/article.asp?a_id=49270

[liberal N proud]

1. But that isn't stopping the gas stations from jacking the price

Monday saw a $.30 increase
Tuesday saw another $.10 jump here