Industrialized Cyclist Notepad


Mexico’s oil exports slip lower

I guess they haven’t heard that Peak Oil is dead. Once they get word, exports should jolly well pick right back up again.

State-owned Pemex said Friday the country exported 1.191 million barrels per day in the first month of 2012, the lowest level in 19 months and a drop from the 1.282 million bpd shipped in December.

The company sent 1.254 million bpd to refineries in Mexico in January, compared with 1.164 million in December.

via UPDATE 2-Mexico's January oil exports lowest since mid-2010 | Reuters.



Friedman thinks US could soon export crude oil and join OPEC

That’s what oil exporters do! Yup, we’re going to frack our production up about 200% over its current level, and get more efficient of course, and, of course, “do it right,” and then we’ll start exporting crude to those suckers in Japan and Europe. But first —

But all of this depends on an understanding between the oil industry and the environmentalists. If President Obama could pull that off, it would be a huge contribution to America’s security, economy and environment.

Yeah, that’s it. If we can just come to an understanding with the environmentalists, it’s OPEC time!

Friedman is unbelievably bad sometimes. Other times, believably so.

via http://www.nytimes.com/2012/02/26/opinion/sunday/friedman-a-good-question.html

You may also intensely dislike: THOMAS L. FRIEDMAN IS UNSUSTAINABLE



BP biggest fuel supplier to U.S. military by far

The scorn heaped upon BP (BP) Plc following the biggest offshore oil spill in U.S. history in 2010 wasn’t echoed at the U.S. Defense Department (USBODEFN). It stepped up purchases from the London-based company, making it the Pentagon’s biggest fuel supplier.

BP’s contracts with the military surged 33 percent to $1.35 billion in the fiscal year that ended Sept. 30 from $1.02 billion in fiscal 2010, according to data compiled by Bloomberg Government. BP received 49 percent more in defense contracts than the No. 2 fuel supplier, San Antonio-based Valero Energy Corp. (VLO)

via BP Wins Most Pentagon Fuel Awards in Year After Gulf of Mexico Explosion – Bloomberg.

“Scorn” heaped upon BP. Cash heaped upon BP.



USGS measures fallout from Fukushima in precipitation samples

Via EX-SKF — http://ex-skf.blogspot.com/2012/02/usgs-paper-wet-deposition-of-fission.html

Via USGS — http://bqs.usgs.gov/fukushima/