• 4 minutes Ten Years of Plunging Solar Prices
  • 7 minutes Hydrogen Capable Natural Gas Turbines
  • 10 minutes World looks on in horror as Trump flails over pandemic despite claims US leads way
  • 13 minutes Large gas belt discovered in China
  • 11 mins Would bashing China solve all the problems of the United States
  • 14 mins Model 3 cheaper to buy than BMW 3 series.
  • 28 mins Yale University Epidemiologist Publishes Paper on Major Benefits of Hydroxchloroquine for High-risk Outpatients. Quacksalvers like Fauci should put lives ahead of Politics
  • 10 hours COVID 19 May Be Less Deadly Than Flu Study Finds
  • 23 hours China to Impose Dictatorship on Hong Kong
  • 2 hours Pompeo's Hong Kong
  • 23 mins Thugs in Trumpistan
  • 5 hours China’s Oil Thirst Draws an Armada of Tankers
  • 6 hours China To Boost Oil & Gas Exploration, As EU Prepares To Commit Suicide
  • 2 days Iran's first oil tanker has arrived near Venezuela
  • 23 mins US-China tech competition accelerates: on Friday 05/15 new sanctions on Huawei, on Monday 05/18 Samsung chief visits China
  • 2 days Chicago Threatens To Condemn - Possibly Demolish - Churches Defying Lockdown
  • 1 hour The CDC confirms remarkably low coronavirus death rate. Where is the media?
  • 1 day 60 mph electric mopeds
  • 2 days Let’s Try This....
Oil Hedging Leaves Traders Dangerously Exposed

Oil Hedging Leaves Traders Dangerously Exposed

Ultra high volatility in crude…

$30 Oil Isn’t Good Enough For U.S. Shale

$30 Oil Isn’t Good Enough For U.S. Shale

Oil prices and energy stocks…

James Burgess

James Burgess

James Burgess studied Business Management at the University of Nottingham. He has worked in property development, chartered surveying, marketing, law, and accounts. He has also…

More Info

Residents Ordered to Evacuate as Dam in Louisiana Threatens Imminent Collapse

Whilst much of the US is facing the worst drought in 50 years, another part is suffering the effects of too much water.

Torrential rains caused by Hurricane Isaac have swollen Lake Tangipahoa in Mississippi to such an extent that the dam which forms one side of the lake is under threat of collapse.

The lake is on the border of Louisiana, just north of the town of Kentwood. State officials had been planning to carry out repairs to the dam this winter, and now fear that the excess water being held in the reservoir could lead to its imminent collapse.

About 60,000 residents living downstream of the dam, along the Tangipahoa River have been ordered to evacuate, and Louisiana Governor Bobby Jindal has said that if the dam were to break it may could potentially flood Kentwood with 17 feet of water in an hour and a half.

Officials have been considering breaching one side of the dam so that the water from the 450 acre lake can be released in a more controlled manner into a forested area.

By. James Burgess of Oilprice.com



Join the discussion | Back to homepage



Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News