The Dollar and the Price of Oil
Sep 16th, 2008 | By Byron King | Category: Commodities, Oil
One of the major energy facilities in the Gulf is the Louisiana Offshore Oil Port, or the LOOP. The LOOP is basically an oil terminal located at sea, south of Port Fourchon. The LOOP is designed to handle ultra-large oil tankers up to 750,000 tons — about 10 times the ...read more
