
When will the Mississippi River be reopened to ship traffic?
29 miles of the river have been closed to traffic and local authorities say it may be several days before the river is reopened to traffic.
When will ships be able to travel freely up and down the river?
Question will suspend Friday unless the river is opened up before then.
Settled
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River is open to traffic by midnight 7/24 TH |
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River is open to traffic by midnight 7/25 FR |
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River is open to traffic by midnight 7/26 SA |
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River is open to traffic by midnight 7/27 SU |
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River is open to traffic by midnight 7/28 MO |
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River is open to traffic by midnight 7/29 TU |
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River is not open to traffic until 7/30 or later |
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Settlement details:
As reported by a major mainstream news source.
Suspend date: Sat 26th Jul 12:59am PDT
Settlement date: Wed 30th Jul 12:38am PDT
Prediction cut-off: Predictions on this question after Sat 26th Jul 12:59am PDT have been voided because they were made after the question could be settled
Initial likelihoods:
River is open to traffic by midnight 7/24 TH: 5%, River is open to traffic by midnight 7/25 FR: 8%, River is open to traffic by midnight 7/26 SA: 10%, River is open to traffic by midnight 7/27 SU: 15%, River is open to traffic by midnight 7/28 MO: 25%, River is open to traffic by midnight 7/29 TU: 25%, River is not open to traffic until 7/30 or later: 12%
Action history:
http://ap.google.com/article/ALeqM5jtTIoTTgEgRFnfAYDkbzxAlKEZNwD9251DT00 (market suspended)
In my view, this market should NOT be settled.
The market specifically asks "When will ships be able to travel freely up and down the river?"
This has not occurred -- and is likely not to for some days.
This market ought be reopened.
Winning prediction = "River is not open to traffic until 7/30 or later"
Status as of Tuesday, July 29, 2008, as reported by the "newspaper of record", the "Times-Picayune":
"Stroh said about 30 tugboat-barge combinations were still in line for pressure cleaning to remove oil. Most New Orleans-area ferries had returned to service, but tourist cruise vessels on the river were still shut down.
"The backlog of vessels getting into and leaving the Southwest Pass had just about cleared Tuesday, the Coast Guard said. Stroh said a safety lane was still in effect, and vessels were traveling closer together than normal at slower speeds to reduce the wake that could hamper cleanup efforts. The Coast Guard said traffic was clearing quickly because so many people were working to scrub oil from ships."
<http://www.nola.com/newsflash/index.ssf?/base/news-41/1217370265274950.xml&storylist=louisiana>
"Stroh said about 30 tugboat-barge combinations were still in line for pressure cleaning to remove oil. Most New Orleans-area ferries had returned to service, but tourist cruise vessels on the river were still shut down.
"The backlog of vessels getting into and leaving the Southwest Pass had just about cleared Tuesday, the Coast Guard said. Stroh said a safety lane was still in effect, and vessels were traveling closer together than normal at slower speeds to reduce the wake that could hamper cleanup efforts. The Coast Guard said traffic was clearing quickly because so many people were working to scrub oil from ships."
http://www.nola.com/newsflash/index.ssf?/base/news-41/1217370265274950.xml&storylist=louisiana>
Settlement details: As reported by a major mainstream news source.... read all
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http://www.cnn.com/2008/US/07/24/mississippi.spill/index.html
Thanks for the link to the other article...knew that they were in trouble with the water supply as well...wonder when those towns and such will be able to access their water supply again...luckily, New Orleans doesn't get theirs from the river....
Story out today states "The Mississippi River reopened to limited traffic on Friday" also...""The Coast Guard opened the river today at noon (1600 GMT), to limited use," the Coast Guard said in a statement."
http://news.yahoo.com/s/afp/20080725/sc_afp/usoilenvironmentspill_080725215028
While the question doesn't ask when it will be "fully" reopened to all traffic, there was an announcement about reopening and that (some) traffic can get through.
Thoughts?
I have. BTW, one small (H$20) prediction in this market, so I really don't have a "dog in this fight" -- maybe just 1/1000th of an inch of a dog's tail ;-)
I'd be interested to know what bayoubear thinks!
limited traffic probably doesn't meet criteria for travelling freely up and down the river, so point taken.
My "dog in the fight" probably only makes up the rest of the tail.
My idea was for freely moving ship traffic, up and down the river. What has been initiated is a restricted movement of some selected ships.
As the background stated, "When will ships be able to travel freely up and down the river? ", so far I don't think the question should be settled. It has however, reached it's suspension time, so let's see the outcome.
From CNN (bold emphasis mine)
<<Coast Guard Capt. Lincoln Stroh said four vessels were being allowed to move on the river channel Friday based on the importance of their cargo. At least two vessels were going to and from the Exxon oil refinery in Chalmette, assisted by tugboats, the Coast Guard said.
"We're moving those that have the highest, most critical need to the port -- in this case a tank ship with crude oil to provide feedstock for one of the refineries," Stroh said at a midday news conference.
"We're getting the important cargo to the important places."
A Marine Transportation System Recovery Unit, whose members include industry representatives such as shipping agents, was helping to prioritize the ships. >>
http://www.cnn.com/2008/US/07/25/mississippi.spill/?iref=mpstoryview
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