Industrialized Cyclist Notepad


Here is an article about gasoline prices that carefully avoids mentioning the price of oil

We live in Magic Land.

Refinery closings could push gasoline prices back to $4 – USATODAY.com.



This WSJ chart casts doubt on the TRC’s Eagle Ford ruling

via http://online.wsj.com/article/SB10001424052970204528204577009930222847246.html



Mitigation
January 26, 2012, 22:18
Filed under: Uncategorized | Tags: , , , , , ,

A new article in Nature acknowledges apparent peak in crude oil supply around 2005, and associated bits of nasty math, including depletion of existing supergiant fields and sharp decline in shale gas wells. Here’s the citation for the article:

http://www.nature.com/nature/journal/v481/n7382/full/481433a.html

Murray and King say “we need to start immediately” to mitigate the effects of Peak Oil. But the effects of Peak Oil are already mitigating us.

via Energy Bulletin:


click to enlarge



Chinese oil demand
January 26, 2012, 06:20
Filed under: Uncategorized | Tags: , , , , ,

…In 2011, was up, but apparently slowing down. The Chinese are using about 9.6 mbd, about half of the American total.

From Rigzone.



Shortage of fracking sand

…a.k.a. proppant. Didn’t see that one coming, Baker Hughes didn’t either apparently.

http://www.businessweek.com/news/2012-01-24/baker-hughes-says-fracking-shortages-hurt-profit-margin.html



The Newberry Volcano

This whole thing was inspired by a Rolling Stones greatest hits collection.

http://www.usatoday.com/money/industries/energy/story/2012-01-22/geothermal-power/52702158/1

Enhanced Geothermal Systems.

“The new frontier is places…” Could use an Enhanced Editing System at USA Today.



Chesapeake curtails natural gas production

Glut.

“Stop drilling baby, drilling!”

Via http://www.rigzone.com/news/article.asp?a_id=114481&hmpn=1



Suncor refinery benzene still in the Platte River

From a new article by Bruce Finley in the Denver Post.

Yes, this is Denver drinking water. They don’t even know where the leak is.



Total world energy consumption 1925-1965

…by fuel type.

Via HYDE: http://themasites.pbl.nl/en/themasites/hyde/consumptiondata/perfueltype/index.html

Claimed source is Darmstadter, 1971.



The fruits of propaganda
January 21, 2012, 11:46
Filed under: Uncategorized | Tags: , , , ,

Recent production gains in the US have been accompanied by an all-out propaganda assault, from industry and their pocketed pundits and politicians, to convince the public that (1) water-intensive extraction methods are environmentally friendly, and (2) that the new production associated with it is a “game-changer” that will lead to “North American energy independence” and all that. A quick glance at the numbers shows (2) to be a far-fetched notion at best. Still, the propaganda campaign seems to be working.

This is my favorite massive mis-apprehension out of several published mis-apprehensions populating the papers this morning:

“Gas prices are holding steady thanks to the fact that North American production of crude oil is expected to hit an all-time high within the next five years …”

That little un-checked nugget from Michael Vaughn at the Globe and Mail..

Leaving aside the interesting question of whether blatant mis-statements like this, which have presumably survived review by editors of major international publications, are deliberate lies or just lazy stenographic journalism — Is the built-up wall of ignorance now too thick and high to get past? It’s a green monster.

Should we try to break down the wall or is it just much too huge? Should we stand back and admire it in all its glory? Should we paint subversive cartoons on it? What?



2011 API numbers

…show US, though producing more and consuming less, still importing over 11 mbd in 2011, with just over 2 mbd from Canada.

Via Oil & Gas Journal.


click to enlarge



Fugitive methane

A new story in Scientific American by Frischetti. Fracking could release large quantities of methane into the atmosphere, accelerating global warming.



Downhill racers: supply versus demand

IEA forecasts flat global oil demand for 2012.

http://www.rigzone.com/news/article.asp?a_id=114374&hmpn=1



Ku-Maloob-Zaap
January 18, 2012, 23:45
Filed under: maps, Uncategorized | Tags: , , , , ,

A platform here has burned after a turbocharger caught fire and the well has been shut in, according to reports.

via rigzone: http://www.rigzone.com/news/image_detail.asp?img_id=1811



Gasoline consumption in the U.S.

From EIA’s This Week in Petroleum.



Norway oil and gas production falls 5% in 2011
January 16, 2012, 16:00
Filed under: Uncategorized | Tags: , , , , ,

http://www.rigzone.com/news/article.asp?a_id=114292&hmpn=1

I guess they didn’t try to sell these discoveries as “game-changers” to their domestic population the way they do in the U.S.



U.S. average gasoline price chart, 6 years

Via Calculated Risk.


click to enlarge

We almost always ramp up the price in the spring.



Couldn’t help noticing that your “outlook” graph has a ditch in the middle
January 14, 2012, 14:53
Filed under: Uncategorized | Tags: , , , , ,

These projections are looking sillier and sillier in graphic form.

This is what Hope looks like via EIA:

Of course there is also a ditch over on the left side of the graph, which breeds hope for the future among fans of energy use. But we came out of that ditch with Alaskan and N. Sea oil, and more Saudi oil. This time, we expect cooked sand and “tight oil” to pull us out of the total energy ditch?



Gas taxes in different countries

Via Econbrowser, writing about Knittel’s new paper.



Japan is in but China and Turkey are out
January 12, 2012, 08:56
Filed under: Uncategorized | Tags: , , , , , , ,

Japan to reduce oil imports from Iran in line with US sanctions after snub from China – The Washington Post.

My sense is that Iran and China can work things out without “the international financial system.” Curious policy from the U.S. now, could work very much in China’s favor.

U.S allies like Japan appear to support the sanctions by “reducing” their oil imports from Iran by some unknown amount.




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