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Archive for the ‘Energy’ Category

Russia’s Gazprom expects their hydrocarbon reserves on Russia’s Arctic shelf to increase by 41.1 billion barrels oil equivalent by 2020.  Gazprom currently has hydrocarbon reserves equal to about 100 billion tonnes of oil, mostly in the form of natural gas.  The bulk of the reserves (about 70%) are concentrated in the Barents, Pechora and Kara [...]

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From the Energy Information Agency, the top 15 countries that we import crude oil from.  Table values are thousands of barrels per day of crude oil.

Country

Sep-08

Aug-08

YTD 2008

Sep-07

YTD 2007

CANADA

1,923

1,833

1,894

1,972

1,894

SAUDI ARABIA

1,429

1,533

1,529

1,441

1,421

VENEZUELA

944

1,146

1,040

1,127

1,120

MEXICO

890

1,292

1,172

1,293

1,430

IRAQ

543

663

661

603

493

NIGERIA

508

1,035

944

1,137

1,040

ANGOLA

416

483

502

578

530

ALGERIA

319

348

312

503

509

ECUADOR

227

291

211

234

200

BRAZIL

197

169

215

213

173

COLOMBIA

142

247

185

165

130

GABON

123

69

59

29

65

KUWAIT

110

203

195

143

182

CHAD

80

139

103

96

70

UNITED KINGDOM

74

41

60

35

102

The top five exporting countries accounted for 68 percent of United States crude oil imports in September while the top ten sources accounted for approximately 88 [...]

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Latest numbers from the State of Alaska Dept. of Revenue.  The graphs show the spring 2008 projections for Alaska North Slope price and production versus actual price and production data.
Things aren’t looking so good.  All that extra revenue the legislature and Gov. Palin spent on capital projects and buying heating oil votes is disappearing fast.
The [...]

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From the State of Alaska Dept. of Revenue:
Oil and Gas Prices for [...]

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In 2007, Americans paid about $700,000/minute to the foreign countries that supplied their oil.  The American Physical Society convened a blue-ribbon panel to investigate energy security and global warming.  Their answer – energy efficiency.  From the press release accompanying the report:
Eliminating wasted energy from automobiles, homes and businesses is equivalent to tapping a hidden energy [...]

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