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PeakOil is You

PeakOil is You


General discussions of the systemic, societal and civilisational effects of depletion.

Re: Condensate...condensed.

Unread postby sparky » Tue 07 Oct 2014, 19:51:44

It wouldn't work for planes , they need a high power density , can't beat hydrocarbons for bang for pound ( and I include the fuel weigh and the transfer mechanism ( motor )
I'm not sure if it even would work for farming tractors
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Re: Condensate...condensed.

Unread postby westexas » Wed 08 Oct 2014, 08:05:13

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Re: US Condensate Exports Begin

Unread postby Graeme » Wed 31 Dec 2014, 17:59:11

U.S. Easing of Oil Exports Challenges OPEC's Strategy

The Obama administration’s move to allow exports of ultralight crude without government approval may encourage shale drilling and thwart Saudi Arabia’s strategy to curb U.S. output, further weakening oil markets, according to Citigroup Inc.

A type of crude known as condensate can be exported if it is run through a distillation tower, which separates the hydrocarbons that make up the oil, according to U.S. government guidelines published yesterday. That may boost supplies ready to be sold overseas to as much as 1 million barrels a day by the end of 2015, Citigroup analysts led by Ed Morse in New York said in an e-mailed report.

Oil producers have been testing the prohibition on crude exports as U.S. output surged amid technological advances that have opened up shale rock formations to development in Texas, North Dakota and elsewhere. The government earlier this year signaled a new way to export oil by approving permits for Pioneer Natural Resources Co. and Enterprise Products Partners LP (EPD) to sell processed condensate.

The guidelines seek to clarify how the Commerce Department will implement export rules and follow a “review of technological and policy issues,” Eric Hirschhorn, the under secretary for industry and security, said in a statement.

Human history becomes more and more a race between education and catastrophe. H. G. Wells.
Fatih Birol's motto: leave oil before it leaves us.
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