How Does One Spell Supply Chain? : LUSENET : TimeBomb 2000 (Y2000) : One Thread

Bennett and Dowd say they think the US is OK, it's those other countries that we have to worry about. How in the Hell can these guys say that we don'nt have to worry about Saudia Arabia and South America since these countries supply us with a lot of our oil. Oil that is used in Oil Fired power Plants, Oil that is used to make diesel fuel and gasoline.

Can these guys spell supply chain? Of course they can. They know what the impacts these countries lack of Y2K preparation will have on our supply chain. Why do you think they are filling up the strategic oil reverve? Why do you think they had a closed door hearing regarding the impacts of Y2K with the full senate?

The Government thinks we are idiots for the most part......maybe I agree, we are idiots, for the most part.

-- Watcher (, March 02, 1999


Yeah, Watcher, couldn't agree with you more. Bennett is driving me nuts. Did'nt he say the other day that anyone who thought this was a bump in the road, did'nt understand the situation. And then today he says it will be only a bump in the road!

-- MaybeImnuts (, March 02, 1999.

Personally, I think the strategic oil reserve is more of a bailout for the big oil companies than a Y2k contingency plan since it is crude, not refined. Alternatively, the military probably wants as much available as possible before the rollover. I think there will be an oil shortage (or at least significantly higher gas prices) by next spring/summer regardless of what they do now. But, yes, I agree there is a regrettable disconnect about global trade. This is the year I buy a bike and stock up on imported products.

-- Brooks (, March 02, 1999.

Brooks, Crude oil is used as feed stock for refineries. If we can keep the refineries going, then we can use crude from the strategic oil reserve as feed stock.

-- Watcher (, March 02, 1999.

Watcher, they DID indicate they were concerned about oil supplies, but you had to look for it. My notes from today's press conference say, "Many contries [sic] have done little or nothing. Some are major energy suppliers. Mentioned Russia, Thailand, India." Earlier, they mentioned Middle East, Africa, Asia, S. America.

The senators kept stressing it was an INTERIM report and nobody knew what the results of Y2K would be. I think you'll begin to see more and more bits and pieces doled out with ever-increasing pessimism. There'll be some bright spots, but I don't think oil will be one of them.

-- Pessimistic Old Git (, March 02, 1999.

Maybe, Bennett's advance "release" said the international situation would be more than a bump in the road. I don't think he meant that statement to apply to the domestic situation.

-- Puddintame (, March 02, 1999.

Would you all be so kind as to post your observations/comments on the Senate Y2k press conference/report (along with what the other "pundits" are saying (at least for today 3/2/1999) to the thread entitled "Play by Play Y2k Day in the Senate?"

Trying for a complete archive of the day's events.


Kevin's posted a hotlink in other forums. This is the best I can do. Sorry!

"Play by Play: Y2K Day in the U.S. Senate"

Maybe Kevin can rescue me again!

-- FM (, March 02, 1999.

Puddintame: I thought Bennett WAS referring to the domestic situation. He said "anyone who thinks this will be a bump in the road is simply misinformed" right AFTER saying that it's the most serious crisis the nation has ever faced. It all seems like 'one step forward, two steps back.' Slowly, cautiously, they're cranking up the volume, but this is new to THEM, too. They don't want to cause a panic, but they also can't afford to have people suddenly find out they've been totally lied to and freak. So they titrate the dose; incremental acclimatization. The infomanagers are good at building support for a single event (bomb Iraq, troops in Bosnia, whatever), but this is a bit different. Once a certain threshold is reached, there may be no going back. And they don't want people to think that the money in the banks and mutuals is unsafe. Then it's over instantly. Should be an interesting summer.

-- Spidey (, March 02, 1999.

Bennet sounds like 2 different people. In his reports, he is sounding a huge alarm. In his Senate report, he sounds like a politician keeping the herd calm. I wish this report listed data as well as the Senate's interpretation of the situation.

-- James Chancellor, PE. (, March 02, 1999.

I remember 3 mile island. It was back in 1979. The news media reported the Government line that their was no radiation leaks. A month later a friend of mine went to work for DOE and his job was to install radiation monitor in every city in the US, including the one near 3 mile island. Yeah Watcher, I guess we are idiots.

-- Terrified Idiot (, March 02, 1999.

The governmental propagandists are yanking our supply chains with yo- yo opinions and spinning-top circular reasoning. Political playtime with hoi polloi.

-- dinosaur (, March 02, 1999.

"And as the lightning played across the sky in the distance and the air became more heavy and opressive, the herd began to shift and move more erratically. The outriders became more and more nervous because they knew that if a stampede started, NOTHING could stop it"....

Well, foreman Bennett has had a talk with the ranch owners and they have decided to sing gentle lullabies to the herd in hopes they will not pay attention to the thunder. After all, it's not raining yet.


-- Lobo (, March 03, 1999.

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