US Submarine Drives Oil Prices - (Barney Frank to investigate if sub skipper was long in oil futures)

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Dogs_In_A_Pile's picture
Dogs_In_A_Pile
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US Submarine Drives Oil Prices - (Barney Frank to investigate if sub skipper was long in oil futures)

Nuclear sub collides with amphibious ship

U.S. Navy says 15 soldiers slightly injured in accident in Strait of Hormuz

Image: USS New Orleans, USS Hartford.
Navy Visual News Service via AP file
The amphibious USS New Orleans, left, pictured in the Pacific Ocean on Nov. 4, 2008, and the submarine USS Hartford, right, seen in this undated photo taken in Annapolis, Md., collided in the Straight of Hormuz, between Iran and the Arabian peninsula, on Friday.
 
updated 1 hour, 33 minutes ago

MANAMA, Bahrain - Two U.S. Navy vessels — a nuclear-powered submarine and an amphibious ship — collided during the early morning hours Friday in the Strait of Hormuz between Iran and the Arabian peninsula, the U.S. Navy's 5th Fleet reported.

The military said in a statement that the incident occurred around 1:00 a.m. local time on Friday (5 p.m. EDT, Thursday), when the USS Hartford, a submarine, and the USS New Orleans, an amphibious ship, collided.

According to the Bahrain-based 5th Fleet, 15 sailors aboard the Hartford were slightly injured but able to return to duty. No injuries were reported aboard the New Orleans.

Both ships were heading to port when the incident occurred in the narrow strait, said Lt. Nate Christensen. He said the incident occurred at night, and the submarine was submerged at the time, but said he could give no further details as the incident is still under investigation.

Both vessels are now heading to port for repairs and evaluation, but Christensen said that following standard security procedures he could not say where the vessels were heading.

The New Orleans suffered a ruptured fuel tank, resulting in an oil spill of approximately 25,000 gallons of diesel fuel. There was no damage the nuclear reactor powering the Hartford, Christensen said.

Both ships are currently operating under their own power.

The Navy said both ships were on regularly scheduled deployments to the region and conducting security operations.

Oil prices rose after news of the collision which happened in a busy shipping route.

As much as 17 million barrels of oil a day went through the narrow strait in the first half of 2008, or about 40 percent of all seaborne traded oil or 20 percent of all oil traded globally.

The Hartford is based in Groton, Conn., and the New Orleans is based in San Diego, Calif., the Navy said.

Okay, so I made up the part about Barney Frank...................

Interesting to observe that geopolitical tensions are so high a completely disconnected event would move oil prices.  Especially when the article pointed out that both vessels were steaming to port on their own power - clearly no threat of a blockage of the Strait.

Buy the rumor - sell the news.

Mike Pilat's picture
Mike Pilat
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Re: US Submarine Drives Oil Prices - (Barney Frank to ...

I don't know a tenth as much as you on submarines, but correct me if I'm wrong: Isn't it rather pathetic to be having an accident like this. I feel embarrassed.

Ahmadinejad is on record claiming that the Iranians are building naval bases that will be capable of completely control the Strait against any threat. Whether or not this is true, our little mistake here today doesn't exactly inspire confidence. Ouch.

Dogs_In_A_Pile's picture
Dogs_In_A_Pile
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Re: US Submarine Drives Oil Prices - (Barney Frank to ...
Mike Pilat wrote:

I don't know a tenth as much as you on submarines, but correct me if I'm wrong: Isn't it rather pathetic to be having an accident like this. I feel embarrassed.

Ahmadinejad is on record claiming that the Iranians are building naval bases that will be capable of completely control the Strait against any threat. Whether or not this is true, our little mistake here today doesn't exactly inspire confidence. Ouch.

Pathetic is probably a bit strong, given that Hormuz is a tricky place to operate in, but clearly mistakes were made.  The CO, XO and Officer of the Deck will likely receive career ending punitive letters of reprimand or possibly even more formal legal proceedings under the UCMJ.  Depending on what the investigation reveals, it is possible that other subordinate watchstanders could face disciplinary action as well.

From what I have been able to pull from message traffic, HARTFORD was at periscope depth and failed to control the tactical situation and course geometry to maintain horizontal separation from NEW ORLEANS. 

As far as Ahmadinejad - typical rhetoric.  They flat out can't control Hormuz from a military standpoint.  What they could do is sink a tanker in the channel and that would cause some problems for a bit, but Iranian blue water naval power is pretty impotent.

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gregroberts
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Re: US Submarine Drives Oil Prices - (Barney Frank to ...

The USS New Orleans is an interesting looking ship, looks like they might be using some stealth technology on parts of it, or is that classified?

Dogs

What's your take on what happened to the USS Greeneville when surfaced under the Japanese fishing ship? We were always very careful to make sure there were no ships present when we did a practice emergency blow. I've been on fishing boats where you could be 30 feet away from another boat and it would disappear in a swell so I think that's what happened in this case, every time they went around with the scope the ship would be hidden in a swell, bad luck, and SONAR missed it too because it must not have been running any motors. You've probably had detailed reports on it and I was just wondering.

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Woodman
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Re: US Submarine Drives Oil Prices - (Barney Frank to ...

I worked on subs for a few years, though never leaving the dock.  My perception was that much of the great strength of the US nuclear navy is due to the NAVSEA mentality of verbatim compliance and sole source responsibility.  It's where I learned a great deal about being responsible for attention to detail and trusting oneself.  Still, equipment failures and bad judgement calls always have a chance of occuring.

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Dogs_In_A_Pile
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Re: US Submarine Drives Oil Prices - (Barney Frank to ...

Greg -

I asked around some of the skimmer pukes at work.  The masts on NEW ORLEANS are shrouded - which probably cuts down the radar signature, but it's not the same technology like what's on the B-2 or F-117.

GREENEVILLE just flat out screwed up - they were doing a VIP cruise - and they allowed themselves to get rushed into conducting the emergency blow. 

Here is a pretty detailed accounting of the whole incident, including the punitive measures taken following the event.

 http://en.wikipedia.org/wiki/Ehime_Maru_and_USS_Greeneville_collision

 

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gregroberts
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Re: US Submarine Drives Oil Prices - (Barney Frank to ...

 I didn't realize the Ehime Maru was so big, I thought it was some 35 foot fishing boat which could be missed in swells but not likely one that is 190 feet long, "screwed up" is a good description.

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