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Fossil Fuels or Pixie Dust thumbnail

Fossil Fuels or Pixie Dust

Donald Roessler Washington County, Pa. Landowner and Gas Lease Holder      We hear a lot from our anti friends about the need to stop the use of fossil fuels NOW and rely instead upon “non polluting renewable” energy sources. But, there are two major flaws to their argument. First, there is the pollution, in China, caused by mining the rare earth minerals these so called clean energy sources need, as my friend Douglas Berkley points out, in this article, on his Tri-State Shale Traveler website. The title of the article says a lot. “Greens & Anti-Frackers…Do You Support Poisoning People?” Yes, it is true that people in China are being poisoned and land and water is being polluted by this rare earth minerals mining on a massive scale.   As Doug Berkley points out: “I started thinking (yes, it happens) about how the greens and anti-fracking movement make their baseless claims against ...

Public Policy

EU Says Could Halt Technology for Russia to Develop Arctic Oil, Gas

The European Union should not give Russia technical help to develop Arctic oil and gas fields if Moscow does not help to defuse the Ukraine crisis, EU Energy Commissioner Guenther Oettinger said on Wednesday. "If they don't try for peace in the east of Ukraine ... If they don't decisively try to do something to prevent escalation, then there is no reason for us to help promote the growth of their industry and develop new resources for gas and oil and therefore to put this equipment on the list of sanctions," Oettinger told a news conference. "The Russians see offshore oil and gas in the Arctic, for example, as a good potential for the future. But this can only be developed by hardware and software from the West, by drills and ... equipment that their industry cannot supply." RIGZONE

Iraq rebels storm town near Baghdad thumbnail

Iraq rebels storm town near Baghdad

Sunni fighters seize control of official buildings and police station in Dhuluiyah, which army recaptured last month. Sunni rebels led by the Islamic State group have attacked a town north of Baghdad and seized local government buildings, police and witnesses said. The fighters, in 50-60 vehicles, stormed the town of Dhuluiya, about 70km north of Baghdad early on Sunday, to take control the mayor's office, municipal council building and the police station. At least six people were killed in the fighting, including four policemen, two fighters, and two civilians. The attack is the latest apparent gain for Sunni rebels after the Islamic State group launched an offensive last month to seized Mosul, Iraq's second city, and northern areas of othe country. They were pushed back at Dhuluiya on June 14 by soldiers loyal to the Shia-led government of Nouri al-Maliki, the prime minister, and Shia militiamen, but fighting has continued and ...

Public Policy

Putin Mulls End To Gazprom Monopoly On Pipeline Gas Sales To China

The Russian government should consider allowing gas producers other than Gazprom to export gas from new fields in east Siberia and Far East, Vedomosti daily newspaper said, citing an order from President Vladimir Putin. Russia's Gazprom has a monopoly right to export gas via pipelines, clinching a $400 billion deal to ship gas to China over 30 years in May. Russia's top oil producer Rosneft, led by CEO Igor Sechin, promised to take Gazprom to the court if it refuses to allow other producers to ship gas via the planned 'Power of Siberia' pipeline, which should also bring gas to Russia's remote eastern regions. Citing an order recently signed by Putin, Vedomosti said that the government should consider opening up exports from eastern gas fields for firms other that Gazprom and their participation in infrastructure construction by September 1. By then, the central bank ...

The Unbelievable Life And Death Of Michael C. Ruppert thumbnail

The Unbelievable Life And Death Of Michael C. Ruppert

After decades of struggle, the notorious doomsayer finally found fame and recognition. Then he shot himself.   By the second Sunday of April this year, Michael C. Ruppert was broke. The 63-year-old cop-turned-writer and firebrand gained fame by starring in Collapse, a 2009 documentary in which he predicts society’s destruction. Publicity from the film was great — he went on a countrywide promotional tour — but compensation had fizzled out. By April, he was receiving just a couple hundred dollars per month in royalties to supplement his meager Social Security checks. In an effort to simplify his life, Ruppert had gradually sold, tossed out, or given away nearly all of his possessions, which included an arsenal of guns, countless books, and government documents. All that remained was a collection of sentimental knickknacks, along with clothes appropriate for a man in his 60s: button-up ...

Richard Heinberg: Two Realities thumbnail

Richard Heinberg: Two Realities

Download printable PDF version here (PDF, 103 KB) Two roads diverged in a wood, and I— I took the one less traveled by, And that has made all the difference. –Robert Frost Two paths via rhruzek/flickr. Creative Commons 2.0 license. Our contemporary world is host to two coexisting but fundamentally different—and, in at least one crucial respect, contradictory—realities. One of these might be termed Political Reality, though it extends far beyond formal politics and pervades conventional economic thinking. It is the bounded universe of what is acceptable in public economic-social-political discourse. The other is Physical Reality: i.e., what exists in terms of energy and materials, and what is possible given the laws of thermodynamics. For decades these two realities have developed along separate lines. They overlap from time to time: politicians and economists use data tied to measureable physical parameters, while physical scientists often frame their research and ...

Shell: Few limits offshore thumbnail

Shell: Few limits offshore

Shell says it's working well in post-gulf spill culture Oil companies have yet to reach the point that technology is limiting access to offshore reserves, a Shell official in charge of deep American waters said.Shell announced a discovery in the Rydberg area of the Norphlet play in the deep waters of the Gulf of Mexico last week. The company said it's still assessing the data from the exploratory well in the area but expects it to hold about 100 million barrels of oil equivalent. John Hollowell, Shell's vice president in charge of deep waters in the Americas, told The Daily Telegraph in London there were few limitations to how deep or how far offshore oil companies can drill. "How far you can go is really technology based," he said in an interview published Sunday. "When we can't overcome the technical barriers, that will ...

Business

As Russia’s Isolation Grows, Oil Companies Caught in Middle

The confrontation between Russia and the West took a turn for the worse with the downing of a Malaysian airliner on July 17, and that could spell trouble for several major oil companies operating in Russia. Just one day earlier, U.S. President Barack Obama slapped sanctions on Russia over its ongoing role in the destabilization of Ukraine. The sanctions prohibited American banks from issuing loans with a maturity of over 90 days to four key Russian companies – Rosneft, Novatek, Gazprombank, and VEB. "Because Russia has failed to meet the basic standards of international conduct, we are acting today to open Russia's financial services and energy sectors to sanctions," U.S. Treasury Official David S. Cohen said in a press release describing the agency's actions. The sanctions tightened the economic noose on the Russian economy by targeting companies in Russia's energy sector. Up until now, western sanctions largely targeted ...

Keeping Oil Production From Falling thumbnail

Keeping Oil Production From Falling

Production flows from a given oil field naturally decline over time, but we keep trying harder and technology keeps improving. Which force is winning the race? An oil reservoir is a pool of hydrocarbons embedded and trapped under pressure in porous rock. As oil is taken out, the pressure decreases and the annual rate of flow necessarily declines. A recent study of every well drilled in Texas over 1990-2007 by Anderson, Kellogg, and Salant (2014) documents very clearly that production flows from existing wells fall at a very predictable rate that is quite unresponsive to any incentives based on fluctuations in oil prices. If you want to produce more oil, you have to drill a new well, and in contrast to production from existing wells, drilling effort clearly does respond to price incentives. When a given region is found to be promising, more wells are ...

Production

Terrorism and the Electric Power Delivery System Part 2

My Summary of the 2012 National Academy of Science report written for the Department of Homeland Security: “Terrorism and the Electric Power Delivery System" There are many Really Stupid Energy-Electric Grid Interdependencies that will make terrorism, outage from natural disasters and other failures much worse Here are some other factors that I think will exacerbate the problems in the future as the system ages and there’s less oil to fix all the growing problems of society: Natural gas power plants are fed by natural gas pipelines that use electricity to keep the natural gas flowing. So when the electricity goes out, the natural gas will stop flowing to power plants. Terrorists are also likely to take out natural gas transmission lines when they attack the electric system as well. Natural gas pipelines used to use the natural gas flowing through them to power ...

Alternative Energy Wave, Tide, Ocean Current, In-stream, and OTEC power
An Evaluation of the U.S. Department of Energy’s Marine and Hydrokinetic Resource Assessments. 2013. ...
Hard Facts About Fracking thumbnail Hard Facts About Fracking
A new book evaluates whether natural gas is a 'transitional fuel' to a low-carbon ...
Peak Oil: Abundance? Not Really thumbnail Peak Oil: Abundance? Not Really
It’s certainly understandable and indeed common practice in probably every sales conversation in every ...
Asian, Western Firms Bid for UAE Oilfields thumbnail Asian, Western Firms Bid for UAE Oilfields
Asian and western firms have bid to help operate the UAE's biggest oilfields after ...

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