November 23, 1991
With the recapping earlier this month of the last burning well, the fires from the Iraqi-sabotaged oil fields are now out. But the sands are still crusted in black, the long-term cleanup costs are almost incalculable and the environmental effects of last year's Iraqi invasion and occupation will haunt Kuwait and the Persian Gulf for years. THE WELLS: Early this month Kuwait formally capped the last of the 732 wells sabotaged by Iraqi troops or damaged in the fierce six-week conflict.
October 16, 1991 |
Suddenly, and surprisingly, oil prices are going up--sharply. The price hit $23.79 a barrel Tuesday, up $2.50 in this month alone. And prices are expected to stay high through the fall and winter, meaning that gasoline, heating oil and jet fuel will go up too. The reason simply is supply and demand.
July 28, 1991 |
Kuwait resumed oil exports Saturday with a 260,000-ton shipment--the first since Iraq invaded the emirate almost a year ago. Oil Minister Hamoud Rogba told the newspaper Al-Watan that most of the oil had been produced in June and July. The oil was loaded aboard the tanker Thorness, which was due to leave the Ahmadi terminal Saturday morning.
July 26, 1991 |
Kuwait Rejoining Ranks of Oil Exporters: Kuwait said it would start exporting crude oil again this weekend, almost a year to the day after Iraq's Aug. 2 invasion choked off production. Senior officials at Kuwait Petroleum Corp. reported that the emirate had chartered a number of tankers to load crude at the al-Ahmadi terminal. The officials refused to give details of the shipments but said an announcement was likely this weekend.
March 23, 1991 |
With more than 500 oil wells already blazing out of control, Kuwait's oil minister announced plans Friday to set fire to even more wells to stop them from spewing clouds of potentially lethal gas over the country. At the same time, the minister, Rashid Salim Amiri, disclosed that millions of gallons of crude oil gushing uncontrollably from damaged wells are forming vast petroleum lakes that threaten to flood the eastern outskirts of Kuwait city.