Tag Archives: barrels
Shell Gives Up on Drilling in Arctic
After experiencing one ridiculous mishap after another, Shell is leaving the Arctic with its tail between its legs. Yesterday, Shell announced that it would give up on plans to drill for oil in the Alaskan Arctic in 2013. Hopefully, they won’t be back at all. The Department of Interior says it has made it a top priority [...]
BMW Tests Fuel Cell Technology for Future Vehicles
BMW and Toyota are reportedly close to locking down a deal in which BMW will license future fuel cell technology from Toyota. According to Nikkei, as reported by Reuters, “BMW will use the technology to build a prototype vehicle by 2015, with plans for a market release around 2020.” Reuters reports: The two automakers have been expanding [...]
U.S Energy Independence: Is 2013 The Year?
Here’s a little energy investment 101: when oil moves up, so does the dollar. Energy bulls bet on increasing momentum, whereas gold bugs amass hard assets for the day the dollar collapses. Well, that’s the way it used to be; global energy markets have become so schizophrenic that this once self-evident correlation is about as [...]
2012′s Top 5 Oil & Gas Plays
2012 has been a stellar year for oil and gas. From East Africa to North America, new technology, major new discoveries, an unparalleled appetite for exploration and a metamorphosing perception of risk have changed the playing field. We’re looking at potential rather than existing production, and here are our Top 5 picks for this year: [...]
Transportation Fuel Consumption Through 2035
More than a quarter (26 of 98 quads) of our energy consumption in 2011 was for transportation. The vast majority (64%) was for light duty vehicles–the family cars. This was followed by heavy duty vehicles (19%), air travel (10%), marine (5%) and rail (2%). The U.S. Department of Energy’s Energy Information Administration predicts that energy [...]
In Focus: Gas-to-Liquids (GTL)
Gas-to-liquids (GTL) is a technology that chemically converts natural gas to a liquid synthetic fuel that can be used in place of diesel and jet fuels. The process is based on work done by scientists in the 1920s and the 1970s. While GTL can also produce other chemical feedstock, the primary commercial interest in this [...]
Truckers Going Green Via Natural Gas
When it comes to effective truck fleet management, many things need to be taken into consideration. Those who are in charge of managing truck fleets must track vehicles using GPS, calculate and map out the most efficient routes, manage maintenance and repairs for the whole fleet, keep track of receipt stacks and reimbursement stacks and [...]
Using Solar to Produce Oil
We’re all familiar with solar as a way to generate electricity and hot water, but now it is being tested as a way to produce oil in one of America’s oldest oil fields. I recently took a Chevron-sponsored trip to their demonstration plant near Coalinga, in California’s Central Valley. The plant is the first in [...]
Energy Consumption Details
This is more like energy consumption trivia, actually. I find these details fascinating and they give me more of a snapshot feel of what’s actually happening in the real world. Your mileage may vary… Good news, bad news department Over 50 million homes in the U.S. have 3 or more televisions In 2009, 58 percent [...]