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August 09, 2006
Corrosion Impacts US Economy
BP shuts down a pipeline that feeds 400,000 barrels per day of crude oil to the Trans-Alaska pipeline and crude prices shoot up 3%. This could translate to a 5¢ to 10¢ per gallon increase at the pump.
We all know that the price of oil effects the economy, but who would have guessed that equipment reliability (system integrity) on a 20 mile long pipe would impact the whole US (and thereby the global) economy?
As production capacity and the world economy get more closely linked, the ability to keep everything functioning smoothly (reliably) becomes more and more important. That's why tools like Equifactor® and TapRooT® are used by industry leaders to troubleshoot and understand the root causes of equipment problems and improve equipment reliability.
To learn more about equipment troubleshooting and root cause analysis, attend a TapRooT®/Equifactor® Course. For more information see:
3-Day TapRooT®/Equifactor® Equipment Troubleshooting & Root Cause Failure Analysis
San Antonio, TX October 11-13,2006
Edmonton, Alberta November 20-22
Dubai, UAE November 28-30
Charleston, SC December 6-8
Don't wait until reliability problems at your plant impact the global economy. Attend a course and learn how the combination of TapRooT® and Equifactor® can help you use advanced equipment troubleshooting and root cause analysis to improve equipment reliability.
Posted by Mark at August 9, 2006 12:27 AM