Industrialized Cyclist Notepad


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



British drivers buy less fuel
January 2, 2012, 17:05
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Drivers cut short journeys by 165 miles to beat fuel costs – Telegraph.

The headline of the article (concerning ‘the Why’) is an editorialization not entirely supported by the facts within it. Interesting.



Natural gas trade movements
January 1, 2012, 13:26
Filed under: maps | Tags: , , , , , , ,

According to BP Statistical Review of World Energy 2011 Review.


click to enlarge

Companies working in the US want to put another LNG line from here to Euro. Domestic nat gas price probably too low to make much dough.



Mexican oil production still falling, not as fast

http://www.marketwatch.com/story/pemex-oil-output-slips-for-7th-year-2011-12-31



More confusion

Louise Basinese, Wall Street Daily. The confusion about refinery product exports is getting brutal.

http://www.wallstreetdaily.com/2011/12/16/peak-oil/



Utter confusion in the newsroom
December 11, 2011, 05:14
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http://portlanddailysun.me/node/30737/

Portland Daily Sun founding editor Curtis Robinson is also badly confused about the significance of the refinery products exporting “milestone.” What happens when your editor needs an editor? That WSJ article has spread absolute carnage through the newsrooms of America…

Trick question indeed.



Lying or confused, part 2

http://www.statecollege.com/news/columns/daniel-nestlerode-as-us-becomes-a-net-energy-exporter-greenenergy-push-on-last-legs-951653/

From statecollege.com, Dec. 4, 2011.

very quietly, I guess.

The author Dan Nestlerode is apparently the Director of Research at his firm. Ouch Dan!



U.S. energy overview (total BTU’s)
December 10, 2011, 08:32
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For the people (especially journalists) who have written that the US is now a “net energy exporter.”

From EIA data: http://www.eia.gov/totalenergy/data/monthly/pdf/mer.pdf (pdf)



Lying or Confused?

New oil strikes keep oil prices on the defensive (USO, PTR, TOT, XOM) – NASDAQ.com.

“For the first time in a long time, the United States is a net energy exporter.”

Ah no. Not by a long shot. The US is now a net exporter of refinery products. Still a massive importer of petroleum and ‘energy.’



Natural gas prices
December 8, 2011, 14:26
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BP STATISTICAL REVIEW OF WORLD ENERGY, NAT. GAS PRICES

Notice how the price in the US is about half the average German import price for 2010.



EIA natural gas flow chart 2010
December 8, 2011, 11:58
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From: http://www.eia.gov/totalenergy/data/annual/diagram3.cfm



Even though we have to import massive portion of our energy fix …
December 8, 2011, 10:00
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… the oil and gas companies will export overseas if they can make a buck off of it when prices ‘collapse’ in the US. This pretty much fracks the whole idea of drilling for ‘energy independence.’ The only thing independent here is the oil/gas company.

Ross Kelly, “Conoco Studying North America’s Gas Export Potential,” Rigzone, Dec. 8, 2011