detonated. In fact, we'd want to be as far away as possible. If we happened to be operating out of a submarine, I guess we'd give ourselves the maximum clearance time. And most of those limpet mines can be set for twenty-four hours.
'So I guess we'd place our charges and allow almost a day to get the hell outta there, so we'd be — what — at ten knots, two hundred and forty miles away? At five knots we'd be one hundred and twenty miles away. And since no one knows our direction, that's an awful lot of ocean to search, like maybe fifty thousand-plus square miles.'
'So you think he's now been on his way home, for perhaps a day and a half?'
'Without question. Except I'm not sure he's going home, Jimmy. I'm not sure he's finished his work. But come and look here at this chart.'
The young Lieutenant Commander with the Aussie accent stood and walked slowly across the room, deep in thought.
'Bloody oath, this character has a set of balls, hasn't he? Sometimes, during these conversations I start thinking it's all a fantasy. I mean, we're talking about a guy who's taking on the U.S. Navy, and is marauding along our coast like some fucking pirate, raping and pillaging, and we have no idea who he is, where he's come from, or where he's bloody going.
'In the last couple of days he's destroyed an entire oil industry, the biggest in the United States. Sir, if there really is someone on the loose, we'd better find him real quick. I mean, streuth! Bin Laden was a fanatic, followed by fanatics who knew they were committing suicide in their attacks on us, but this bastard is worse, because he's clever and appears to have equipment to match our own and he doesn't want to die. And so far, he's making a fucking good job of it.'
Arnold Morgan looked thoughtful. And he turned back to the big computer screen. 'You see this point right here?' he said. 'The place where the pipeline blew off Graham Island. I think we might assume he was very close to that point when he unleashed his missiles at Valdez.'
'Well, I'd assumed he was out in the middle of the Gulf, sir. Down here somewhere, and then went over to the pipeline to place his explosive.'
'I don't think so, Jimmy. Because this character is as clever as us, and that's not what I would have done. I'd have positioned myself somewhere over here north of Graham Island, preprogrammed my missiles to swerve right around Valdez and then come in from the north. Then I'd have crept into the pipeline, done my business, and left, knowing I'd be miles and miles away when the explosive went bang.
'So where is he, Jimmy? If he was right here somewhere near the pipeline at, say, midnight on Saturday, which way did he go?'
'Well, I would have headed for shallow water, probably back around the Gulf, very quietly. Not straight over the middle where the ocean depth is two miles and SOSUS works.'
'Yeah, and then where?'
'Back across the Pacific, either running around the Great Pacific Plain, or just south of the Aleutian Islands.'
'He didn't come that way.'
'How do you know, sir?'
'Well, we have a permanent submarine patrol in the Aleutian Trench and they would have heard him, picked him up, and if the boat was Russian, probably sunk him.'
'Well, he could have come in across that big deep Plain.'
'Doubtful. That's one of the most heavily surveilled SOSUS areas in the world. I would rate it just about impossible to bring a submarine right across the middle of the Pacific Plain without the U.S. Navy picking you up.'
'Well, how did he get here?'
'You tell me. I don't know.'
'Sir, could he have come north of the Aleutians? I don't think we have that patrolled, do we?'
'No, we don't. And yes, he could have made passage along the north of the islands. But in order to get into his firing position, he'd have needed to come through the islands, back to the south. There's no other way into the Gulf of Alaska. Probably three places he might have done it. But the water's pretty shallow, and it's swept by U.S. Navy radar. If he did do it, I don't know how.'
'Well, if the bugger did get into the Gulf, he must have come through one of the three places. Otherwise, he'd still be outside the Gulf, or sunk, right, sir?'
'Correct, Jimmy. But he did come through, didn't he? And he crept all the way over to Graham Island. And the little bastard's still creeping. And we have to find him.'
'Do you get the feeling, sir, we're dealing with a person, someone who has so far outwitted us? Or does it seem like an impersonal situation — just a military opponent?'
'I feel it's a person, Jimmy. And I've had the feeling before. As if someone was taking me on.'
'You mean, like Admiral Rankov?'
'Christ, no. Someone a lot cleverer than that.'
The Barracuda was making only five knots through the water, 1,000 feet below the surface. There were still 8,000 feet below the keel, and their course had not changed since they pushed west out of the Dixon Entrance, and then swung south, seventy-two hours previously.
No one aboard had any idea whether the bombs had detonated on the pipeline. And no one certainly realized that right now, at 9:00 a.m. Greenwich mean time, there was absolute pandemonium on the International Petroleum Exchange (IPE) in the City of London. Only once since the Gulf War had there been anything remotely like the panic buying that now swept the London Exchange.
The issue, as ever, was Brent Crude Futures. The IPE had first heard of the giant oil slick near the Alaskan pipeline at around 3:00 p.m. (London time) the previous afternoon. There was some disquiet, especially because the fires in Valdez were still burning and the price of crude rocketed to $35 a barrel by the close, up six dollars.
However, on New York's NYMEX, operating five hours behind, the price of West Texas Intermediate climbed to $39 by late afternoon, and the oil business teetered on the brink of a major crisis. In the West, all-night service stations were starting to sell gas at $5 a gallon.
Today, Tuesday, however, was an entirely different matter. The IPE in London, first of the major Western markets to open, saw Brent Crude explode to $50 a barrel within one hour of the opening bell.
The traders had spent the night thinking, speculating, and finally going into near-meltdown when the news broke that the massive Alaska pipeline feeding the West Coast of the United States was incontrovertibly breached. It was clear even to the dimmest executives there would be no oil out of Alaska until the fires were out, new storage facilities were established, and they had mended the shattered undersea pipeline. One month minimum, maybe a lot more.
The trading floor in London resembled a madhouse. Dealers yelled and screamed, as an avalanche of orders for futures came thundering in from the United States. This was beginning to look like the seller's market to end them all. And it took the big oil corporations a matter of minutes to work out they could get what they asked for their product.
The main supplier of crude oil to the entire West Coast of the United States, and beyond was effectively out of business. Other producers, refiners, shippers, distributors, and marketers were at the golden gates of hog heaven. And brokers for the power generators, airlines, truck fleet operators, and chemical companies were almost prostrate with worry.
At 9:14 in London there was an unmistakable power surge. The trader for Morgan Stanley suddenly bellowed, 'Plus five, plus five for 300,000.' And the price of Brent Crude was suddenly pegged at $55 a barrel. Rumors swept the tiered trading pits that crude was going to $80, and the crowd seemed to sense the coming onslaught of California blackouts, dry-outs, and cutouts.
It was impossible to hear anything clearly except the shouts of Plus Five!… Plus Two!… Plus Three! And these were not calls of just cents, like they were last week. There were full-blooded dollars, and there were no minuses, no price drops. Just a stack of huge trades of five hundred thousand barrels and more.