Filed under: Uncategorized | Tags: Ali Naimi, energy, James Hamilton, oil consumption, oil demand, oil production, peak oil
“There is no rational reason for high oil prices,” writes Ali Naimi, Saudi Arabian Minister of Petroleum and Mineral Resources, in today’s Financial Times. Well, I can think of one– if oil prices were lower, the world would want to consume more than is currently being produced.
via Econbrowser: A rational reason for high oil prices.
Filed under: Uncategorized | Tags: air supply, available net exports, China, Chinese oil production, Darwinian, net exports, Oil Drum, oil production, oil supply
From a comment by “Darwinian” on the Oil Drum.
Filed under: Uncategorized | Tags: available net exports, China, China oil imports, India, India oil imports, Iran, Iran oil exports, Iran sanctions, Iranian oil
Closer relations between Iran, India and China; creation of new financial networks to bypass the West. The inability to control Iran through non-military means may make military action more likely.
NEW DELHI, MARCH 28:
India and China on Wednesday indicated that they will continue to maintain normal relations with Iran, while citing high crude oil prices and energy security concerns.
The Chinese Commerce Minister, Mr Chen Deming, said China respects all the United Nations resolutions.
However, in a veiled reference to the US sanctions on Iran, he added that Beijing is not obliged to follow the domestic rules and regulations of any particular country.
Filed under: Uncategorized | Tags: Elgin, Elgin gas leak, energy, Exclusion zone, Hans Deul, Natural gas, North Sea, Shearwater
Another monster from the deep.
A cloud of gas was reported to be surrounding the platform, which is located 150 miles (240km) off Aberdeen.
Workers from a second platform and drilling rig have been removed.
Shell has moved 120 non-essential staff from the Shearwater platform and Hans Deul drilling rig, about four miles from the Elgin, because of the drifting gas.
via BBC News – Elgin platform gas leak: Exclusion zone in place.
Filed under: Uncategorized | Tags: depletion, energy, England, North Sea, oil depletion, oil production, oil production declines, oil supply, peak oil, UK, UK oil production
For any modern nation, a 22% decline in oil production would be significant over the course of a decade. A 22% drop over a mere 12 months ought to be front-page news, yet this radical decline has passed relatively unnoticed.
via UK Oil: Plummeting production vs media inattention | Energy Bulletin.
Filed under: Uncategorized | Tags: Anadarko, BP, cetacians, deepwater, Deepwater Horizon, dolphins, GOM, Gulf of Mexico, oil spill, Transocean, whales
2010-2012 Cetacean Unusual Mortality Event in Northern Gulf of Mexico – Office of Protected Resources – NOAA Fisheries
Under the Marine Mammal Protection Act of 1972 (as amended), an Unusual Mortality Event (UME) has been declared for cetaceans (whales and dolphins) in the northern Gulf of Mexico (Texas/Louisiana border through Franklin County, FL) from February 2010 through the present.
Note: These numbers are preliminary and may be subject to change. As of March 18, 2012, the UME involves 693 Cetacean “strandings” in the Northern Gulf of Mexico (5% stranded alive and 95% stranded dead).
Filed under: Uncategorized
God I love this. I hereby coopter the name Tacocopter for the band that I now have to start just to call it Tacocopter.
Indeed, the concept behind Tacocopter is very simple, and very American: You order tacos on your smartphone and also beam in your GPS location information. Your order — and your location — are transmitted to an unmanned drone helicopter (grounded, near the kitchen where the tacos are made), and the tacocopter is then sent out with your food to find you and deliver your tacos to wherever you’re standing.
via Tacocopter Aims To Deliver Tacos Using Unmanned Drone Helicopters.
And these drones can’t carry much weight if any, so tacos will be delivered one ingredient at a time until further notice.
Filed under: Uncategorized | Tags: bike share, green transportation, Portland, Portland bike share, transportaion
People of Portland: “Bike share” is very cool. But it isn’t really sharing. Why don’t we just call it what it is — a public-private bike RENTAL program. Not library cards — credit cards.
Learn about bike share, suggest locations for stations:
Filed under: maps | Tags: Bakken, Barnett Shale, Eagle Ford, energy, energy production, fracking, hydraulic fracturing, Marcellus, Niobrara, oil production, Piceance Basin, shale gas, shale oil, tight gas, tight oil
Via EIA.
click to enlarge
Filed under: Uncategorized | Tags: bicycling, bike share, San Francisco, urban bicycling, urban cycling
https://twitter.com/streetsblogsf/status/182520096361676800
Filed under: Uncategorized | Tags: crude imports, Iran, Iran oil exports, Iran oil trade, Iran sanctions, Japan oil imports, Korea oil imports, OECD, OPEC, South Korea, Taner Yildiz, Turkey, unilateral sanctions
As South Korea buys more…
In contrast to Japan, South Korea, the world’s fifth-largest oil importer, increased its imports from Iran in 2011 by 20 percent. It’s refiners have signed deals to import a little more crude again from Iran in 2012.
South Africa’s energy minister said last week he hoped to have a plan by the end of May for replacing Iran supplies, which currently make up a quarter of its crude imports.
But reflecting a problem for several countries, Turkey’s energy minister, Taner Yildiz, told reporters on Wednesday the country could not stop buying Iran crude unless alternative oil sources were found.
via U.S. exempts 11 countries from Iran sanctions; China, India exposed – chicagotribune.com.
Filed under: Uncategorized | Tags: busted, Gothamist, Paul White, Prospect Park bike lane, Schumer, Transportation Alternatives, Weinshall
Glad to see him out riding. But — uh oh — here he is riding in the very same bike lane that his wife hated with such a passion that she initiated a lawsuit to stop it. And photographed by Paul Steely White, director of Transportation Alternatives and outspoken opponent of the opponent. Tangled web!! Gotta ride, though.
Via Gothamist: http://gothamist.com/2012/03/18/pigs_fly_photo_of_chuck_schumer_bik.php
Filed under: Uncategorized | Tags: Afghanistan, Bales, FINRA, fraud, Liebschner
Gary Liebschner told WCPO TV, the ABC affiliate in Cincinnati, that Bales pocketed their money after they asked him to sell some stock to cover medical bills. Bales never paid the money and the couple could never find him, Liebschner said.
Bales worked in the financial services industry in Ohio from 1996 to 2000, according to FINRA records. An arbitrator found that Bales “engaged in fraud, breach of fiduciary duty, churning, unauthorized trading and unsuitable investments,” according to a report on the FINRA website.
via Bales Defrauded Ohio Couple Who Say He Owes $1.3 Million – Bloomberg.
Filed under: Uncategorized | Tags: fracking, hydraulic fracturing, Marcellus, Pennsylvania, Pennsylvania fracking law, shale gas, shale oil, tight gas, tight oil, Tom Corbett
And the public at large of course. “Non-disclosure agreement.” According to this report anyway.
… If a company does release information about what is used, health care professionals are bound by a non-disclosure agreement that not only forbids them from warning the community of water and air pollution that may be caused by fracking, but which also forbids them from telling their own patients what the physician believes may have led to their health problems. A strict interpretation of the law would also forbid general practitioners and family practice physicians who sign the non-disclosure agreement and learn the contents of the “trade secrets” from notifying a specialist about the chemicals or compounds, thus delaying medical treatment.
The clauses are buried on pages 98 and 99 of the 174-page bill, which was initiated and passed by the Republican-controlled General Assembly and signed into law in February by Republican Gov. Tom Corbett.
via Fracking: Pennsylvania Gags Physicians | Truthout.
Filed under: Uncategorized | Tags: Brazil, Chevron, CVX, Marcelo del Negri, offshore oil production, offshore oil spill, oil spill
Seventeen Chevron Corp. (CVX) and Transocean Ltd. executives were banned from leaving Brazil pending an investigation into an offshore oil spill.
The order was signed by a federal judge last week as part of the probe into the 3,000-barrel slick off Rio de Janeiro in November, Marcelo del Negri, a spokesman for the federal prosecutor’s office, said in a telephone interview yesterday. Transocean owned the rig involved in the spill.
via Chevron, Transocean Managers Banned From Leaving Brazil – Bloomberg.
Filed under: Bike of the Day, Uncategorized | Tags: 29er, hankerin', IF Deluxe, Independent Fabrication, Independent Fabrications, Indy Fab, Josh, mountain bike, singletrack, Sunnyside, ti, titanium, trail riding
This I.F. Deluxe belongs to my old Sunnyside neighbor Josh. If this beauty doesn’t get you hankerin’ for a hunk of trail, you may have a serious disorder of the hankerin’ system.
Filed under: Uncategorized | Tags: Aspen, bike borrowing, bike share, bike theft
http://www.aspentimes.com/article/20120317/NEWS/120319869/1077&ParentProfile=1058
Industrialized Cyclist Notepad 