Green Energy
From the Astute Blogger himself; Reliapundit:
- What Is Oil Shale?
U.S. Western oil shale is a fine-grained sedimentary rock which is very rich in organic sedimentary material called “kerogen.” The shale is heated to separate the kerogen from the rock and the resultant liquid is converted to superior quality...
- Shale Oil: The Next Energy Revolution
The global impact of shale oil could revolutionise the world’s energy markets over the next couple of decades, resulting in significantly lower oil prices, higher global GDP, changing geopolitics and shifting business models for oil and gas companies,...
- Fueling A Fossil Fuels Glut?
NEWS ABOUT NEW FINDS OF natural gas and crude oil fields has become regular in this region this year. Every week, we are bombarded with the good news of a new oil find inn Kenya of LNG find in Tanzania. Our neighbours such as Uganda and South...
- U.s. Seen As Biggest Oil Producer After Overtaking Saudi Arabia
From Bloomberg: The U.S. will remain the world’s biggest oil producer this year after overtaking Saudi Arabia and Russia as extraction of energy from shale rock spurs the nation’s economic recovery, Bank of America Corp. said. U.S. production of...
- Energy Information Administration Chief Agrees With Ahmadinejad
Iranian President Ahmadinejad says we need him more than he needs us. Guy Caruso, the EIA chief agrees with him: WASHINGTON (Reuters) - A disruption in Iran's crude oil exports because of a dispute over that country's nuclear program would affect...
Green Energy
MORE PROOF THAT PEAK OIL IS BS: HUNDREDS OF BILLIONS OF BARRELS OF SHALE OIL BEING FOUND ALL OVER THE GLOBE
From the Astute Blogger himself; Reliapundit:
In May, the Argentine oil company YPF announced that it had found 150 million barrels of oil in the Patagonian field, and President Cristina Fernández de Kirchner rushed onto national television to praise the discovery as something that could give new impetus to the country’s long-stagnant economy.Go read the whole thing.
“The importance of this discovery goes well beyond the volume,” said Sebastián Eskenazi, YPF’s chief executive, as he announced the find. “The important thing is it is something new: new energy, a new future, new expectations.”
Although there are significant hurdles, geologists say that the Vaca Muerta is a harbinger of a possible major expansion of global petroleum supplies over the next two decades as the industry uses advanced techniques to extract oil from shale and other tightly packed rocks.
- What Is Oil Shale?
U.S. Western oil shale is a fine-grained sedimentary rock which is very rich in organic sedimentary material called “kerogen.” The shale is heated to separate the kerogen from the rock and the resultant liquid is converted to superior quality...
- Shale Oil: The Next Energy Revolution
The global impact of shale oil could revolutionise the world’s energy markets over the next couple of decades, resulting in significantly lower oil prices, higher global GDP, changing geopolitics and shifting business models for oil and gas companies,...
- Fueling A Fossil Fuels Glut?
NEWS ABOUT NEW FINDS OF natural gas and crude oil fields has become regular in this region this year. Every week, we are bombarded with the good news of a new oil find inn Kenya of LNG find in Tanzania. Our neighbours such as Uganda and South...
- U.s. Seen As Biggest Oil Producer After Overtaking Saudi Arabia
From Bloomberg: The U.S. will remain the world’s biggest oil producer this year after overtaking Saudi Arabia and Russia as extraction of energy from shale rock spurs the nation’s economic recovery, Bank of America Corp. said. U.S. production of...
- Energy Information Administration Chief Agrees With Ahmadinejad
Iranian President Ahmadinejad says we need him more than he needs us. Guy Caruso, the EIA chief agrees with him: WASHINGTON (Reuters) - A disruption in Iran's crude oil exports because of a dispute over that country's nuclear program would affect...