From McClatchy Newspapers (Renee Schoof):
Oil shale in the American West might contain three times the oil of Saudi Arabia, but getting it out of the ground would require much more energy than drilling for conventional oil does, and the result would be more greenhouse-gas emissions.
President Bush started speaking about the prospects for oil shale in [...]
Archive for July, 2008
Oil Shale & Greenhouse Gases
Posted in Shale Oil, tagged Energy, Oil, Oil Shale on July 29, 2008 | Leave a Comment »
U.S. Still Blocked From Arctic Oil Claims
Posted in Alaska, Arctic, Oil, tagged Arctic, Murkowski, Oil on July 28, 2008 | 1 Comment »
From Petroleum News (Alan Bailey):
U.S. Sen. Lisa Murkowski, R-Alaska, has weighed in on the debate about U.S. ratification of the international Convention on the Law of the Sea treaty.“I believe it is very important for the United States to be a party to this treaty and be a player in the process, rather than an [...]
Oil Speculation The Cause Of High Gas Prices?
Posted in Oil, Politics, tagged Airlines, Oil, Speculation on July 28, 2008 | Leave a Comment »
“Stop Oil Speculation Now“, a front group for the Airline Transport Association of America (their news release is here), is charging that the high price of gasoline is due to speculators driving up the oil market. They’ve released the results of a poll that says 70% of the population (based on a random sample population [...]
USGS Report on Arctic Oil
Posted in Alaska, Arctic, Oil, tagged Alaska, Arctic, Oil, USGS on July 28, 2008 | 1 Comment »
I posted last week on the USGS report that estimated Arctic resources represent 13 percent of undiscovered oil, 30 percent of undiscovered natural gas and 20 percent of undiscovered natural gas liquids, with about 84 percent of the resource occurring offshore. Petroleum News came out with its own article on the report over the weekend, [...]
Arctic Oil
Posted in Alaska, Arctic, Canada, Gas, Oil, Russia, tagged Alaska, Arctic, chukchi sea, Gas, Oil, USGS on July 25, 2008 | 1 Comment »
From The Independent, a UK-based newspaper (article, by Michael McCarthy), an article about the new USGS report showing that the Arctic may hold up to one fifth of the world’s undiscovered but exploitable oil and gas reserves:
This includes 90 billion barrels of oil, enough to supply the world for three years at current consumption rates, [...]
Potential Rule Change for U.S. Shale Oil
Posted in Shale Oil, tagged NEPA, shale oil on July 24, 2008 | 1 Comment »
From Scandanavian Oil & Gas (source):
The U.S. Department of the Interior’s has said it supports a proposal by Washington to ease rules on developing shale, which a new estimate says could yield 800 billion barrels of recoverable oil.
The Department is proposing leasing regulations ensure maximum oil shale lease sizes a range of [...]
“Drill Here, Drill Now” and Other Nonsense
Posted in Alaska, Arctic, Oil, tagged ANWR, Oil, Oil Imports on July 23, 2008 | 1 Comment »
I’ve already blogged on the American Solutions website and their snake oil sales job on shale oil here. Now it seems that everybody is promoting boosting domestic production as the solution for high gasoline prices (see National Review Op-Ed here, for example, rebuttal here). Sorry folks, we can’t drill our way out of high gas [...]
Alaska Oil Production
Posted in Alaska, Oil, Prudhoe Bay, tagged Alaska, North Slope, Oil, Oil Production, Prudhoe Bay on July 22, 2008 | 3 Comments »
Here’s the production data for the first half of July, 2008.
July 2008 Average Daily Production (bbls)
Prudhoe Bay (Prudhoe Bay, Midnight Sun, Aurora, Polaris, Borealis, Orion)
242,633
Kuparuk (Kuparuk, West Sak, Tobasco, Tarn, Meltwater, Palm, Oooguruk)
135,410
Milne Point (Milne Point, Schrader Bluff, Sag River)
29,060
Endicott (Endicott, Sag Delta, Eider, and approximately 33K [...]
A National Culture of Addiction
Posted in Life, Oil, tagged addiction, Cheap oil, Gull Island, Lindsay Williams on July 20, 2008 | Leave a Comment »
And here we have a serious problem: America is addicted to oil, which is often imported from unstable parts of the world. President George W. Bush, State of the Union address to Congress, 31 January 2006
If a fool pratters on long enough, even the fool will speak something intelligent. While reading some of the [...]
Newt Gingrich, Frank Luntz, and Shale Oil Snake Oil
Posted in Oil, tagged astroturf, Frank Luntz, kerogen, Newt Gingrich, shale oil, Shell on July 18, 2008 | 4 Comments »
So now Newt Gingrich and Frank Luntz, the pair that brought us the “Contract on America” and other right-wing marketing lies, have hatched another snake oil sales pitch. American Solutions is an astroturf group pushing for shale oil development as the cure for $4/gallon gasoline. So far they’ve hornswaggled over a million people to sign [...]
