Filed under: Uncategorized | Tags: Brent, energy, gasoline consumption, gasoline demand, gasoline prices, Magic Land, oil demand, refineries, refinery closings, USA Today, WTI
We live in Magic Land.
Refinery closings could push gasoline prices back to $4 – USATODAY.com.
Filed under: maps, Uncategorized | Tags: Carrizo Springs, Eagle Ford, energy, energy production, fracking, fracking and water, hydraulic fracturing, Natural gas, shale gas, shale oil, shale plays, Texas Railroad Commission, tight gas, tight oil, WSJ
via http://online.wsj.com/article/SB10001424052970204528204577009930222847246.html
Filed under: Uncategorized | Tags: crude oil production, depletion, energy, King, Murray, oil production, peak oil
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:
Filed under: Uncategorized | Tags: China, consumption, energy, oil demand, peak oil, petroleum demand
…In 2011, was up, but apparently slowing down. The Chinese are using about 9.6 mbd, about half of the American total.
From Rigzone.
Filed under: Uncategorized | Tags: Baker Hughes, Bakken, Eagle Ford, energy, frack, fracking, hydraulic fracturing, Marcellus, Natural gas, natural gas production, proppant, tight gas, tight oil
…a.k.a. proppant. Didn’t see that one coming, Baker Hughes didn’t either apparently.
Filed under: Uncategorized | Tags: AltaRock, Bend, energy, Enhanced Geothermal Systems, geothermal energy, 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.
Filed under: Uncategorized | Tags: Chesapeake Energy, energy, Natural gas, natural gas demand, natural gas glut, natural gas supply
Glut.
“Stop drilling baby, drilling!”
Via http://www.rigzone.com/news/article.asp?a_id=114481&hmpn=1
Filed under: Uncategorized | Tags: Benzene, broken pipeline, denver, energy, oil sands, peak oil, petroleum, Platte River, refinery, Sand Creek, Suncor, toxic leak
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.
Filed under: Uncategorized | Tags: Darmstadter, energy, energy consumption, HYDE, hydroelectric, liquid fuel, Natural gas, peak oil, power, solid fuel
…by fuel type.
Via HYDE: http://themasites.pbl.nl/en/themasites/hyde/consumptiondata/perfueltype/index.html
Claimed source is Darmstadter, 1971.
Filed under: Uncategorized | Tags: energy, fracking, horizontal drilling, Michael Vaughn, peak oil
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?
Filed under: Uncategorized | Tags: API, Canada, consumption, energy, fracking, imports, oil imports, oil sands, peak oil, petroleum, tar sands
…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.
Filed under: Uncategorized | Tags: CO2, energy, frac, frack, fracking, Frischetti, fugitive methane, greenhouse gases, methane, Scientific American
A new story in Scientific American by Frischetti. Fracking could release large quantities of methane into the atmosphere, accelerating global warming.
Filed under: Uncategorized | Tags: consumption, energy, energy consumption, energy demand, IEA, International Energy Agency, oil demand, Peak Demand, peak oil, petroleum
IEA forecasts flat global oil demand for 2012.
http://www.rigzone.com/news/article.asp?a_id=114374&hmpn=1
Filed under: maps, Uncategorized | Tags: Cantarell, energy, Ku Maloob Zaap, peak oil, Pemex, platform fire
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
Filed under: Uncategorized | Tags: demand, EIA, energy, gas consumption, gasoline, oil demand, peak oil, recession, This Week in Petroleum, transportation
From EIA’s This Week in Petroleum.
Filed under: Uncategorized | Tags: energy, energy production, North Sea, Norway, oil exports, oil production
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.
Filed under: Uncategorized | Tags: energy, energy consumption, gas prices, liquid fuel, oil, peak oil, refineries, U.S. average gas price
Via Calculated Risk.
We almost always ramp up the price in the spring.
Filed under: Uncategorized | Tags: EIA, energy, energy outlook, oil, peak oil, predictions
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?
Filed under: Uncategorized | Tags: Econbrowser, energy, gas tax, gasoline tax, Holland, James Hamilton, Knittel, petrol taxes, transportation
Via Econbrowser, writing about Knittel’s new paper.
Filed under: Uncategorized | Tags: China, energy, Iran, Iran sanctions, Japan, oil imports, oil trade, Turkey
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.

























