So another year without the development of a "long emergency". Another year with cheap energy for the largest economy in the world. Another year of "business as usual". Another year where my world fails to "get a whole lot smaller". Another year of renewable energy watching their thunder stolen by cheap shale gas.
Great!
A $4 ceiling for natural gas in the US? Woo-hoo! That's some cheap gas. Sorry about your underperforming investments in solar and wind.
Discussion on:
Top
Rated
Rated
There's no going back to coal courtesy of the EPA
Posted by zackers
27th Dec
Just
In
In
oil and gas
Posted by hasan2nirvana
6th May
Show:
-1
Votes
In other words, peak oilers further discredited.
Posted by James.McMurtry
Updated - 26th Dec
0
Votes
Just wait until demand for oil starts to pick up again.
n/t
Posted by riverat1
26th Dec
0
Votes
True...
...and then people will really get to experience the neo-Keynesian cheap money policy of the last decade.
Posted by JohnMcGrew@...
27th Dec
-1
Votes
LNG or CNG
"T. Boone Pickens, says its on track to complete the first stage of Americas Natural Gas Highway with 70 LNG (liquefied natural gas) truck refueling stations completed this year, and another 70 to 80 stations slated for construction in 2013."
Is it LNG or Compressed Natural Gas (CNG)
Is it LNG or Compressed Natural Gas (CNG)
Posted by dwestlund
27th Dec
+1
Vote
LNG for long haul trucks
The big rigs can use LNG, which gives them adequate range.
Posted by James.McMurtry
27th Dec
0
Votes
It's both
Trucks can be adapted to use both CNG and LNG. However, it will probably be stored as LNG at truck stops, and there will a fleet of LNG tanker trucks to deliver LNG to the truck stops. It's not unlike how other liquified gases are transported and stored.
Posted by zackers
27th Dec
0
Votes
LNG
The normal fleet truck engine can combust both terms. When a gas changes phase to a liquid it is compressed, No ? Basic chemistry 101. Ice to water to steam.
A gas can also go into a solid form as it approaches toward absolute zero. My guess,... too high a EROEI's for solid form, ...and storage + transport would require too much energy till it's used. Liquids... No problemma.
A gas can also go into a solid form as it approaches toward absolute zero. My guess,... too high a EROEI's for solid form, ...and storage + transport would require too much energy till it's used. Liquids... No problemma.
Posted by Marcus Of Arrington
2nd Jan
+3
Votes
There's no going back to coal courtesy of the EPA
The EPA has pretty much shut down any new coal plants with new regulations on carbon emissions that coal can't meet. I don't know what the regulations are if a coal plant has been mothballed and then restarted, but the costs of keeping a coal plant mothballed but in a operational state will mean that most of them will be decommissioned if a natural gas plant has been built to take over for them.
Here in Colorado, for example, the state passed a law a couple of years ago "forcing" the power utility Xcel to shut down it's oldest coal plants and replace them with natural gas. This bill had the full support of Xcel, which saw it as a way to get state support for charging ratepayers the capital costs of shutting down old inefficient coal plants and replacing them with bright shiny new natural gas ones. In the long run this should result in cheaper energy costs, but to get there ratepayers have to foot the costs of building new plants.
Here in Colorado, for example, the state passed a law a couple of years ago "forcing" the power utility Xcel to shut down it's oldest coal plants and replace them with natural gas. This bill had the full support of Xcel, which saw it as a way to get state support for charging ratepayers the capital costs of shutting down old inefficient coal plants and replacing them with bright shiny new natural gas ones. In the long run this should result in cheaper energy costs, but to get there ratepayers have to foot the costs of building new plants.
Posted by zackers
27th Dec
-3
Votes
What's going to be interesting is...
...what was exchanged using Lisa Jackson's secret e-mail account, in blatant violation of sunshine & retention laws.
Posted by JohnMcGrew@...
28th Dec
0
Votes
Secret email account?????
What the heck are you talking about?
Posted by riverat1
28th Dec
-2
Votes
You might be forgiven for not knowing this...
...if you rely on most of the alphabets for news:
https://www.google.com/search?q=lisa+jackson+email&aq=f&oq=lisa+jack&aqs=chrome.0.59j0j57j5j61j60.2381&sugexp=chrome,mod=8&sourceid=chrome&ie=UTF-8#q=lisa+jackson+email&hl=en&tbo=d&source=lnms&tbm=nws&sa=X&ei=muneUP6YHIrm8QTHmYDAAg&ved=0CA0Q_AUoAA&bav=on.2,or.r_gc.r_pw.r_cp.r_qf.&bvm=bv.1355534169,d.eWU&fp=e033c83ce45db25e&bpcl=40096503&biw=1070&bih=862
https://www.google.com/search?q=lisa+jackson+email&aq=f&oq=lisa+jack&aqs=chrome.0.59j0j57j5j61j60.2381&sugexp=chrome,mod=8&sourceid=chrome&ie=UTF-8#q=lisa+jackson+email&hl=en&tbo=d&source=lnms&tbm=nws&sa=X&ei=muneUP6YHIrm8QTHmYDAAg&ved=0CA0Q_AUoAA&bav=on.2,or.r_gc.r_pw.r_cp.r_qf.&bvm=bv.1355534169,d.eWU&fp=e033c83ce45db25e&bpcl=40096503&biw=1070&bih=862
Posted by JohnMcGrew@...
29th Dec
0
Votes
I love when I get negative votes...
...with no rebuttal. Must be quite frustrating for the defenders of the faith to read such things and have no defense that could be said out loud.
Posted by JohnMcGrew@...
31st Dec
-2
Votes
must be nelders daily ritual
"Must be quite frustrating for the defenders of the faith to read such things and have no defense that could be said out loud."
I expect that's what Chris Nelder's life is like, every single day. A sad, sad, time to be a peak-oiler.
I expect that's what Chris Nelder's life is like, every single day. A sad, sad, time to be a peak-oiler.
Posted by James.McMurtry
31st Dec
0
Votes
No one needs to justify your negative votes troll boi.
You suck McGrew and that fact is obvious to everyone but you (hence the reason you use multiple accounts like Hates Idiots and you respond to yourself. You are the only one who votes yourself up and that is only due to your multiple accounts). You are a sad and pathetic loser.
Posted by i8thecat4
8th Feb
+1
Vote
Oil and Gas
Oil prices are 10% speculation and the other 90% is due to supply and demand issues. With fracing, supply will likely be adequate ( in combination with imported oil) to meet our needs.
However, if the IDC write-off disappears and fracing runs into any environmental barriers, we will probably have to rely even more on imported oil.
All of the exotic and high tech drilling techniques are more expensive, so it is likely that with lower oil prices, there would be lower domestic production (since much of the US production in the shale plays and old areas like west Texas), as well.
Additionally,if world demand drops because of the austerity measures in Europe,etc, then likely prices will go down and we will have to rely more on oil produced (at least in part) in politically unstable areas overseas.
However, if the IDC write-off disappears and fracing runs into any environmental barriers, we will probably have to rely even more on imported oil.
All of the exotic and high tech drilling techniques are more expensive, so it is likely that with lower oil prices, there would be lower domestic production (since much of the US production in the shale plays and old areas like west Texas), as well.
Additionally,if world demand drops because of the austerity measures in Europe,etc, then likely prices will go down and we will have to rely more on oil produced (at least in part) in politically unstable areas overseas.
Posted by west texas flash
28th Dec
-2
Votes
PEAKERS Not Discredited in the least
PEAK is still coming, Don't be deceived.
I smile when someone reminds me, and then Kunstler rings loud in my ears reminding me that some people still believe in an inexhaustable, "creamy, noughat filled center". :O)
The price-demand destruction cycle(s) we've seen to-date shows another thing... the decline in the remaining net exporters. Decline'll be like Stalin's communism, subtle and ever progressive.
When China acquires a hundred million cars or so- like we have in the US, ... you'll KNOW.
"A Shortage anywhere is a Shortage everywhere" will apply with full force and meaning.
I smile when someone reminds me, and then Kunstler rings loud in my ears reminding me that some people still believe in an inexhaustable, "creamy, noughat filled center". :O)
The price-demand destruction cycle(s) we've seen to-date shows another thing... the decline in the remaining net exporters. Decline'll be like Stalin's communism, subtle and ever progressive.
When China acquires a hundred million cars or so- like we have in the US, ... you'll KNOW.
"A Shortage anywhere is a Shortage everywhere" will apply with full force and meaning.
Posted by Marcus Of Arrington
2nd Jan
0
Votes
Kunstler is a hoot
Hasn't James Kunstler predicted 10 of the last 3 recessions?!
It's not a noughet filled center - it's an energetic shale crust. The US is producing more fossil fuel energy than ever before. We are going to set new records for total fossil fuel extraction for each of the next 10 years.
You can try to pretend this massive surge in production is somehow consistent with the Kusntler/Nelder/Hubbert peak, but you just make yourself look sillier and sillier.
Why do you think commentators like Nelder have been relegated to the margins, with the tin-foil-hat crowd? Because the last 3-4 years have proved them to be spectacularly wrong.
It's not a noughet filled center - it's an energetic shale crust. The US is producing more fossil fuel energy than ever before. We are going to set new records for total fossil fuel extraction for each of the next 10 years.
You can try to pretend this massive surge in production is somehow consistent with the Kusntler/Nelder/Hubbert peak, but you just make yourself look sillier and sillier.
Why do you think commentators like Nelder have been relegated to the margins, with the tin-foil-hat crowd? Because the last 3-4 years have proved them to be spectacularly wrong.
Posted by James.McMurtry
Updated - 2nd Jan
0
Votes
Right ON
The tin hat market hasn't peaked yet.
Posted by ginchy
22nd Feb
-1
Votes
California could achieve 100% solar power by 2030.
The world is rapidly running out of clean air.
Lung cancer rates are skyrocketing.
The US needs a feed-in tariff policy to requires Utilities to pay $0.54 kwh for homeowners who harvest solar and feed it onto the grid.
Germany did this in 1985, and so is now going to achieve 100% solar power by 2030.
California could be at 100% solar & renewables by 2030, if we had 5 people in each city petitioning for a Feed-in tariff during 2013. Can we do this? Youtube: paul8kangas
Lung cancer rates are skyrocketing.
The US needs a feed-in tariff policy to requires Utilities to pay $0.54 kwh for homeowners who harvest solar and feed it onto the grid.
Germany did this in 1985, and so is now going to achieve 100% solar power by 2030.
California could be at 100% solar & renewables by 2030, if we had 5 people in each city petitioning for a Feed-in tariff during 2013. Can we do this? Youtube: paul8kangas
Posted by Paul kangas
27th Jan
-1
Votes
Madate solar roofs for all new construction.
A simple mandate for solar roofs on all new construction and any re-roofing from now on would be all it would take.
Posted by i8thecat4
8th Feb
0
Votes
Oil prospecting / drilling in Ohio.
Can anybody regarding the information below help me with investing in oil drilling and prospecting in Ohio which somebody sent me information through an e-mail asking me to invest, does anybody know anything about this, i would love to hear from anybody who can kindly provide facts or details in regards to the information below
As previously stated the average production from Oil Wells in this delta is between 120 150 barrels per day.
To understand the monthly dividend you will receive please see the equation below;
[(Barrels produced per day x Days in Month) x (Price of West Texas Crude - $8)] x 1.3655%= $ monthly return
i.e. [(120 x 30) x (92 8)] x 1.3655%= $ 4,129
I have done the sum for you based around us achieving 120 barrels per day, with the current price of West Texas Crude being $92 per barrel. $8 is deducted as this is the cost of refining per barrel.
As previously stated the average production from Oil Wells in this delta is between 120 150 barrels per day.
To understand the monthly dividend you will receive please see the equation below;
[(Barrels produced per day x Days in Month) x (Price of West Texas Crude - $8)] x 1.3655%= $ monthly return
i.e. [(120 x 30) x (92 8)] x 1.3655%= $ 4,129
I have done the sum for you based around us achieving 120 barrels per day, with the current price of West Texas Crude being $92 per barrel. $8 is deducted as this is the cost of refining per barrel.
Posted by nazirahmedbis
21st Mar
0
Votes
oil and gas
Actually I have no wish to give any opinion about oil and gas prices but the proper use it. the world should be more conscious for saving the natural resource, because these are not unlimited.
However I wish to introduce you with our oil and gas companies in Africa. have a look-
Oil And Gas Export
Export Oil and Gas in Africa
power and Steel Export
However I wish to introduce you with our oil and gas companies in Africa. have a look-
Oil And Gas Export
Export Oil and Gas in Africa
power and Steel Export
Posted by hasan2nirvana
6th May