Filed under: Uncategorized | Tags: China, energy, oil, putin, riyadh, Saudi Arabia
In short, if John Kerry and Riyadh did in fact plan to bankrupt the Russians by tanking crude prices, the effort was a miserable failure that resulted not only in a 20% fiscal deficit for the Saudis, but the destruction of American jobs in the oil patch.
Filed under: Uncategorized | Tags: Continental Oil, energy, fracking, fracking waste, fracking waste disposal, Hamm, injection wells, oil, Oklahoma, OU
…who studied (and found) the link between fracking waste disposal wells and earthquakes. Hamm is CEO of Continental Oil.
Hamm, the billionaire founder and chief executive officer of Oklahoma City-based Continental Resources, is a major donor to the university, which is the home of the Oklahoma Geological Survey. He has vigorously disputed the notion that he tried to pressure the surveys scientists. “Im very approachable, and dont think Im intimidating,” Hamm was quoted as saying in an interview with EnergyWire, an industry publication, that was published on May 11. “I dont try to push anybody around.”
Yet an e-mail obtained from the university by Bloomberg News via a public records request says Hamm used a blunt approach during a 90-minute meeting last year with the dean whose department includes the geological survey.”Mr. Hamm is very upset at some of the earthquake reporting to the point that he would like to see select OGS staff dismissed,” wrote Larry Grillot, the dean of the universitys Mewbourne College of Earth and Energy, in a July 16, 2014, e-mail to colleagues at the university. Hamm also expressed an interest in joining a search committee charged with finding a new director for the geological survey, according to Grillots e-mail. And, the dean wrote, Hamm indicated that he would be “visiting with Governor [Mary] Fallin on the topic of moving the OGS out of the University of Oklahoma.”
Filed under: Uncategorized | Tags: black sky, Iran, Iraq, ISIS, oil, Peshmerga, poisoned air, Qassem Soleimani, sabotage, scorched earth, Shiite, Tikrit
The army, backed by Shiite militia and Kurdish Peshmerga fighters, has yet to reconquer and secure any city held by Islamic State, despite seven months of air strikes by a U.S.-led coalition, as well as weapons supplies and strategic support from neighboring Iran.
Tehran, not Washington, has been the key player in the current offensive, with Iranian Revolutionary Guard general Qassem Soleimani seen directing operations on the eastern flank, and Iranian-backed militia fighters leading much of the operation.
Filed under: Uncategorized | Tags: Chevron, crude oil, energy, Exxon, fracking, James Hamilton, oil, oil production, peak oil, Royal Dutch Shell, Shell, WSJ
via James Hamilton via WSJ: http://econbrowser.com/archives/2014/01/big-oil-companies-spending-more-and-producing-less
Filed under: Uncategorized | Tags: "shutdown", EIA, energy, government shutdown, oil, oil prices
Leaving a void of energy propaganda.
Impact of the federal government shutdown on EIA ›
As a result of the lapse in appropriations for the U.S. Energy Information Administration, the EIA.gov website and our social media channels will not be updated after 1:00 p.m. Eastern Time on Friday, October 11, 2013. Transactions submitted via the website might not be processed until appropriations are enacted; databases might not be available; and we will not be able to respond to inquiries.
Will the shutdown affect EIA\’s reports and data releases? Yes. The release of all reports and data will cease during the shutdown.
Filed under: Uncategorized | Tags: Carolyn Tucker, Colorado, energy, kerogen, oil, oil shale, peak oil, pie in the ground, proven reserves, Royal Dutch Shell
Said spokesman Martin Skrtel, speaking at Shell’s headquarters in Den Hague, “It was always just a really stupid, non-starter of an idea. You’d have to be a scientific illiterate to believe that cooking “oil shale” to create crude oil could have a positive energy balance. Still, we thought we could buy off enough legislators to create, how should we say, a conducive fiscal atmosphere that would make the scheme a profit-maker for us. But now we have abandoned even those plans…”
Ha ha that was satire. What they really said was different:
A month after Royal Dutch Shell’s U.S. subsidiary said it would pursue its oil shale research project in Colorado while selling off other oil and gas assets, the company has reversed its decision.
“There’s been a shift in our oil shale project,” spokeswoman Carolyn Tucker said Tuesday.
“The energy market has evolved since Shell first started its oil shale research project in 1981. We plan to exit our Colorado oil shale research project in order to focus on other opportunities and producing assets in our broad global portfolio,” she said in an email.
“Our current focus is to work with staff and contractors as we safely and methodically stop research activities at the site,” she said.
The announcement regarding the closure of Shell’s oil shale research and development work comes as the company announces plans to put its assets on the market across the United States, including oil and gas assets in northwestern and southeastern Colorado.
Shell on Aug. 1 reported a 60 percent drop in second-quarter results — largely due to a $2 billion write-down of its North American shale assets due to “the latest insights from exploration and appraisal drilling results and production information.”
Filed under: Uncategorized | Tags: Bakken, energy consumption, exploding oil, FERC Enbridge, fracking, oil, peak oil, shale oil, Tesoro, True
Kind of makes the unsourced story about LPG cars seem like a fake-out.
According to Bloomberg, Enbridge Inc., Tesoro Corp., and True companies all won the approval of the Federal Energy Regulatory Commission to refuse oil that had high levels of hydrogen sulfide, a highly flammable gas that can be a byproduct of oil production, after they started seeing oil with concentrations tens and even hundreds of times higher than what regulators have deemed safe for exposure. The danger of these elevated levels of gas in the oil was thrown into stark relief on July 6, when an unmanned, runaway train crashed carrying 72 cars of oil. Five of them exploded, killing 47.