Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Peak Oil Postponed Again: “USGS Identifies Largest Continuous Oil and Gas Resource Potential Ever”… And it’s in the Permian Basin
https://wattsupwiththat.com/2018/12/07/peak-oil-postponed-again-usgs-identifies-largest-continuous-oil-and-gas-resource-potential-ever-and-its-in-the-permian-basin
USGS Announces Largest Continuous Oil Assessment in Texas and New Mexico
Release Date: NOVEMBER 28, 2018
Estimates Include 46.3 Billion Barrels of Oil, 281 Trillion Cubic feet of Natural Gas, and 20 Billion Barrels of Natural Gas Liquids in Texas and New Mexico’s Wolfcamp Shale and Bone Spring Formation.
WASHINGTON – Today, the U.S. Department of the Interior announced the Wolfcamp Shale and overlying Bone Spring Formation in the Delaware Basin portion of Texas and New Mexico’s Permian Basin province contain an estimated mean of 46.3 billion barrels of oil, 281 trillion cubic feet of natural gas, and 20 billion barrels of natural gas liquids, according to an assessment by the U.S. Geological Survey (USGS). This estimate is for continuous (unconventional) oil, and consists of undiscovered, technically recoverable resources.
“Christmas came a few weeks early this year,” said U.S. Secretary of the Interior Ryan Zinke. “American strength flows from American energy, and as it turns out, we have a lot of American energy. Before this assessment came down, I was bullish on oil and gas production in the United States. Now, I know for a fact that American energy dominance is within our grasp as a nation.”
“In the 1980’s, during my time in the petroleum industry, the Permian and similar mature basins were not considered viable for producing large new recoverable resources. Today, thanks to advances in technology, the Permian Basin continues to impress in terms of resource potential. The results of this most recent assessment and that of the Wolfcamp Formation in the Midland Basin in 2016 are our largest continuous oil and gas assessments ever released,” said Dr. Jim Reilly, USGS Director. “Knowing where these resources are located and how much exists is crucial to ensuring both our energy independence and energy dominance.”
[…]
The new assessment of the Delaware Basin Wolfcamp shale may be found online. To find out more about USGS energy assessments and other energy research, please visit the USGS Energy Resources Program website, sign up for our Newsletter, and follow us on Twitter.
USGS
I worked with Jim Reilly at Enserch Exploration from 1981-1995.
The “amazing” thing is that this isn’t a “new” oil discovery. It’s just a realization that a lot more oil and gas can be produced from these formations than was previously imagined.
The Permian Basin a nearly infinite resource. It seems as if there will always be more hydrocarbons to squeeze out of its numerous oil & gas reservoirs. From a Warmunist perspective the Bone Spring and Wolfcamp are much worse than previously thought… Since Warmunists seem to think that we are on course for a repeat of the Permian extinction. Clearly the carbon now stored in the Permian Basin oil must have caused the “Great Dying” and if we don’t stop producing it, we’ll cause another “Great Dying”. At least, that’s as close as I can get to a Warmunist thought process.
US will be a net energy exporter by 2022, four years sooner than expected, Energy Department says
The United States is on pace to export more energy products than it imports by 2022 as oil and natural gas production from the nation's shale fields keep booming and domestic energy demand remains fairly tepid, according the Department of Energy's statistics arm.
The country will achieve the feat as it expands natural gas exports beyond its traditional North American markets, shipments of crude oil increase and outward flows of refined products such as gasoline remain robust, the Energy Information Administration said in its Annual Energy Outlook.
The nation's anemic appetite for energy will also play a role in the United States becoming a net exporter. U.S. energy consumption is forecast to grow by only 0.4 percent through 2050, compared with expectations for economic growth of 2 percent.
If the forecast bears out, 2022 will mark the first year the U.S. energy exports surpassed imports since 1953.
MORE:
https://www.cnbc.com/2018/02/07/united-states-will-be-a-net-energy-exporter.html
Remember this shit?
Japan and China successfully extract ‘combustible ice’ from seafloor in potential energy breakthrough
Methane hydrate can be lit on fire in its frozen state and would represent a major new fossil fuel reserve if it could be commercially developed
http://www.independent.co.uk/news/science/japan-china-combustible-ice-frozen-fossil-fuel-extract-seafloor-energy-methane-hydrate-a7744456.html
Homeless Gasoline Tankers Are Drifting Around the Caribbean
https://www.bloomberg.com/news/articles/2017-04-06/homeless-gasoline-tankers-are-drifting-around-the-caribbean
United states a net exporter now this, do you apologies from the peak oil jacktards? No. No you don't.
Russia overtakes Saudi Arabia as world's top crude producer
https://www.rt.com/business/377952-russia-oil-saudi-arabia/
What a waste! Picture from space reveals how new U.S. oil field is burning off enough gas to power Chicago AND Washington - because it's cheaper than selling it
http://www.dailymail.co.uk/news/article-2269517/The-picture-space-shows-U-S-oil-field-burning-gas-power-Chicago-AND-Washington-cheaper-selling-it.html
Peak oil myth: $20 trillion oil basin discovered in Australia set to turn the country from importer to mass exporter
http://www.newsforage.com/2013/01/20-trillion-oil-basin-discovered-in.html
Iraq finds extra billion barrels of oil: ministry
http://www.rawstory.com/rs/2013/01/20/iraq-finds-extra-billion-barrels-of-oil-ministry/
Amazing how they just keep finding more and more oil. On top of that US demand is down around levels not seen in like 15 years as global demand continues to go in the toilet.
U.S. to Overtake Saudi Arabia as Top Oil Producer, Agency Forecasts
By REUTERS
http://www.nytimes.com/reuters/2012/11/12/business/12reuters-iea-oil-report.html
Published: November 12, 2012 at 8:11 AM ET
LONDON (Reuters) - The United States will overtake Saudi Arabia and Russia as the world's top oil producer by 2017, the West's energy agency said on Monday, predicting Washington will come very close to achieving a previously unthinkable energy self-sufficiency.
Reuters
The International Energy Agency (IEA) said it saw a continued fall in U.S. oil imports with North America becoming a net oil exporter by around 2030 and the United States becoming almost self-sufficient in energy by 2035.
"The United States, which currently imports around 20 percent of its total energy needs, becomes all but self-sufficient in net terms - a dramatic reversal of the trend seen in most other energy importing countries," it said.
The forecasts by the IEA, which advises large industrialized nations on energy policy, were in sharp contrast to its previous reports, which saw Saudi Arabia remaining the top producer until 2035.
"Energy developments in the United States are profound and their effect will be felt well beyond North America - and the energy sector," the IEA said in the annual long-term report, giving one of the most optimistic forecasts for U.S. energy production growth to date.
"The recent rebound in U.S. oil and gas production, driven by upstream technologies that are unlocking light tight oil and shale gas resources, is spurring economic activity - with less expensive gas and electricity prices giving industry a competitive edge," it added.
IEA Chief Economist Fatih Birol told a news conference in London he believed the United States would overtake Russia as the biggest gas producer by a significant margin by 2015. By 2017, it would become the world's largest oil producer, he said.
This could have significant geopolitical implications, if Washington feels its strategic interests are no longer as embedded in the Middle East and other volatile oil producing regions.
Analysts ask whether an energy independent United States would still be prepared to safeguard major trade routes around the world, such as the Strait of Hormuz in the Middle East.
The United States will rely more on natural gas than either oil or coal by 2035 as cheap domestic supply boosts demand among industry and power generators, the IEA said.
LIMITED KNOWLEDGE
Birol said he realized how optimistic the IEA forecasts were given that the shale oil boom was a relatively new phenomenon.
"Light, tight oil resources are poorly known ... If no new resources are discovered (after 2020) and plus, if the prices are not as high as today, then we may see Saudi Arabia coming back and being the first producer again," he said.
The IEA said it saw U.S. oil production rising to 10 million barrels per day (bpd) by 2015 and 11.1 million bpd in 2020 before slipping to 9.2 million bpd by 2035.
Saudi Arabian oil output would be 10.9 million bpd by 2015, the IEA said, 10.6 million bpd in 2020 but would rise to 12.3 million bpd by 2035.
That would see the world relying increasingly on OPEC after 2020 as, in addition to increases from Saudi Arabia, Iraq will account for 45 percent of the growth in global oil production to 2035 and become the second-largest exporter, overtaking Russia.
OPEC's share of world oil production will rise to 48 percent from 42 percent now.
Russian oil output, which over the past decade has been steadily above Saudi Arabia, is predicted to stay flat at over 10 million bpd until 2020, when it will start to decline to reach just above 9 million bpd by 2035.
"Russia, which remains the largest individual energy exporter throughout the period, sees its revenues from oil, natural gas and coal exports rise from $380 billion in 2011 to $410 billion in 2035," the IEA said.
The U.S. oil boom would accelerate a switch in the direction of international oil trade, the IEA said, predicting that by 2035 almost 90 percent of oil from the Middle East would be drawn to Asia.
ENERGY DEMAND GROWS BY THIRD
The report assumes a huge expansion in the Chinese economy, which it saw overtaking the United States in purchasing power parity soon after 2015 and by 2020 using market exchange rates. Chinese real gross domestic product is expected to increase by 5.7 percent annually between 2011 and 2035.
A rise of 1.8 billion in the world's population to 8.6 billion would lead to a spike in global oil demand by more than a 10th to over 99 million bpd by 2035, keeping pressure on oil prices, the IEA said.
The agency's central "New Policies" scenario, which assumes a range of measures are taken to curb oil consumption in Europe, the United States, China and elsewhere, sees the average import cost of oil rise to just over $215 per barrel by 2035 in nominal terms, or $125 in 2011 terms.
If fewer steps are taken to promote renewable energy and curb carbon dioxide emissions, oil was likely to exceed $250 per barrel in nominal terms by 2035 and reach $145 in real terms -- almost level with the record highs seen four years ago.
The share of coal in primary energy demand will fall only slightly by 2035.
Fossil fuels in general will remain dominant in the global energy mix, supported by subsidies that, in 2011, jumped by almost 30 percent to $523 billion, due mainly to increases in the Middle East and North Africa.
(Reporting by Dmitry Zhdannikov, Peg Mackey and Christopher Johnson; Writing by Dmitry Zhdannikov; Editing by Christopher Johnson and William Hardy)
There's oil everywhere:
http://revolutionarypolitics.tv/video/viewVideo.php?video_id=18361&title=lindsey-williams-spills-the-beans-on-jeff-rense-show
Last 10 minutes.
One tract contains more oil than has ever been used in the history of the petroleum age to date. Scarcity is a lie...peak oil is a LIE.
The Truth About Oil - Lindsey Williams on Goldseek Radio
http://revolutionarypolitics.tv/video/viewVideo.php?video_id=14539&title=the-truth-about-oil---lindsey-williams-on-goldseek-radio-04-08-11
Oil – Is it Even a Scarce Resource?
This is just part of a much longer essay:
http://www.theundergroundinvestor.com/2010/10/inside-the-illusory-empire-of-the-banking-commodity-con-game/
With oil, I believe that the banking/oil cartel utilizes the same perceived and artificially low supply scam as the diamond cartel to effectively create deliberate wild fluctuations in oil prices that they can capitalize on to amass great fortunes. Over my investment career, I have written both articles declaring my belief for the peak oil theory as well as articles in which I rejected the peak oil theory after becoming privy to additional knowledge of which I had previously been unaware. I stand today, after further research, firmly no longer a believer in the peak oil theory. Yes, I am aware of the reported figures about dwindling production in Mexico’s largest oilfield, Cantarell. Yes I am aware of rapidly dwindling oil production numbers for global oil production numbers as well. Yes, I am aware that the predominant number of people in this world believes in the Peak Oil Theory (which alone is reason for me to start questioning it). And yes, I am aware that many will think that it is ludicrous to challenge the Peak Oil Theory. But should the concept of challenging a “universal truth” that we have been told, even instructed to believe, ever be considered ludicrous? For that is all I am suggesting here. I will present facts of an alternative theory regarding the possible abundance of oil that merit consideration and I merely challenge you to consider the possibility that it could be true.
When there is a belief as widely accepted as the Peak Oil Theory, one must always question the source of this belief. In addition to my blogs over the past five years that have explored the fact that virtually every key economic indicator statistic produced by governments are blatantly false, there are many others that have also done a fine job of establishing this fact (just perform a quick perusal of the website ZeroHedge if you are ignorant of this fact). Why do governments produce economic lies? Because they have a better chance of maintaining power if they can successfully con the public into believing the “rosy” economic lies they produce. Why does the diamond cartel produce phony diamond supply statistics every year to mercilessly jack up diamond prices on unthinking, lovestruck men every year? Because producing phony supply statistics allows the diamond cartel to charge artificially high prices for diamond. In other words, the producers of these lies are also the greatest beneficiaries of these lies. So who benefits from the production of phony oil supply statistics, higher oil prices and a fear of peak oil? The oil cartel and bankers.
Understanding the shadowy world of bankers requires one to think like a detective in pursuit of a criminal. Identify a motive for why supply numbers for various key commodities may have been falsely manufactured and you will find the likely culprit behind these manufactured numbers. I have already illustrated to you earlier in this article that bankers have lied to the world about the fundamentals of stock markets and the real determinants of stock price behavior. I have also illustrated to you that bankers have lied to the world about the real determinants of gold and silver prices. I will reveal later, a quote from a Vice Chairman of a Central Bank that reveals his belief that it is not just the prerogative, but also the duty of a Central Banker, to lie to the public. So knowing this, why would anyone believe that bankers would tell us the truth about the real determinants of the price of a barrel of oil?
When oil incredibly soared from $51.20 on January 17, 2007 to $147.20 a barrel in 7 months, and then incredibly crashed to $35.35 a barrel just 5 months later, and then incredibly soared to $81.19 a barrel just 10 months later, I challenge anyone to produce figures of changing supply and demand determinants than can logically explain these massive swings in price over such a condensed period of time. Of course, the textbook media answer provided for these wild swings in price was that enormous global demand caused oil to soar in 2007, a crashing economy in 2008 caused a nosedive in 2008, and economic recovery caused soaring prices once again in 2010. I contend that the real answer is that Wall Street firms engineer massive manipulation of oil futures market contracts to create a significant portion of these wild swings, if not the majority portion of these wild swings, even though “official studies” only attribute a nominal amount, perhaps 10% to 30%, of these wild fluctuations to speculation. Global oil prices, like global gold prices, are completely determined by a paper futures market today. So it is not the producers of oil that cause oil to rollercoaster from $50 to $150 to $35 to $80, and it is not speculators that produce the wild swings in supply and demand estimates that create these rollercoaster rides. Rather it is the bankers that control these paper markets and that control the supply and demand numbers that create these wild swings in price.
When I first started discussing enormous fraud in the pricing behavior of gold markets six years ago, people used to regularly ridicule me for my beliefs, especially whenever I publicly blogged about my beliefs. Back then, my beliefs were grounded in my own research as well as the very substantial mountain of evidence provided by GATA that had not yet made its way into the general consciousness of the mainstream public. Today, public beliefs about gold price suppression schemes have evolved 180 degrees. Now deniers of gold price suppression schemes, not I, are the ones viewed as naïve. I believe the same realizations will eventually happen with all commodities, not just gold. Does anyone else but myself notice that when oil prices are skyrocketing, peak oil theories are widely discussed as the instigator for higher oil prices. However, during times when bankers decide to move the price of oil much lower, why does peak oil almost never factor into the discussions of oil prices?
“Proposing that we know for certain that the process to form oil takes hundreds of thousands or millions of years seems far more absurd to me than the alternate theory of abiotic oil, where scientific evidence supports that the carbon found in the building blocks of oil are not formed from the decomposition of fossilized remains.”
F. William Engdahl, an economic researcher, historian and freelance journalist for some 35 years, states,
“The whole peak oil theory rests on the idea that oil is a fossil fuel, which is accepted as religious dogma by almost every geology department in most of the world. The problem is, oil is not a fossil fuel, it’s not from the detritus of dead dinosaurs or from algae from under the ocean or bird fossils or whatever fossils you want to take. It’s not a biological product.”
If this is true, then what is oil? There is another theory about oil’s origins that very few people are aware of called the abiotic theory of oil that actually has a lot more scientific credibility than the much more speculative “fossil fuel” theory of oil. Mr. Giora Proskurowski, a scientist with the School of Oceanography at the University of Washington in Seattle, recently headed a study that produced some very interesting conclusions. Oil, Proskurowski stated, may actually be a natural product that the Earth’s mantle constantly generates and whose source may be living organisms as small as plankton rather than decaying ancient forests and dead dinosaurs. The advocates of this alternative abiotic theory of oil production believe that oil seeps up through bedrock cracks and is deposited, rather than originated, in sedimentary rock as the fossil fuel theory of oil claims.
As proof of the increasing credibility of the abiotic theory of oil production, scientists point to the Lost City, a hypothermal field 2,100 feet below sea level located along the Mid-Atlantic Ridge at the center of the Atlantic Ocean noted for its strange 90 to 200 foot white towers that bubble from its vents. In 2003 and 2005, Mr. Proskurowski and his team descended in a submarine to collect samples of the liquid that bubbles from the Lost City sea vents. Upon analysis, Proskurowski and his team discovered that the liquid that contained natural gas and the building blocks for oil, hydrocarbons. However, the hydrocarbons from the Lost City sea vents contained carbon-13 isotopes. They found no evidence of carbon-12, the carbon isotope typically associated with biological origin. Proskurowski and his team postulated that the hydrocarbons found in the Lost City sea vents were formed from the mantle of the Earth through an abiotic process of Fischer-Tropsh (FTT) reactions, and not from biological material that had settled on the ocean floor.
During the German Nazi regime, Nazi scientists developed FTT equations that could produce synthetic oil from coal and contributed to the world’s understanding of an abiotic process of oil production. Proskurowski also discovered that the methane in Lost City contained no carbon-14, which also lent enormous credence to the scientists’ hypothesis that the carbon source for the hydrocarbons of the Lost City vents came from within the earth’s mantle, far away from organisms that might have had contact with the global carbon cycle at the surface. In other words, the Lost City vents contained organic material formed by inorganic processes, the exact antithesis of how the fossil fuel theory postulates that oil is formed. Before Proskurowski’s study, Cornell University physicist Thomas Gold had argued in his book “The Deep Hot Biosphere: The Myth of Fossil Fuels” that micro-organisms found in oil were possibly produced in the mantle of the earth.
Again, as I stated before, before one can ever trust information that is so widely accepted, one has to find its source. The problem today is that the vast majority of people are just too lazy to ever question the source even though when one finds the source, the source often has multiple ulterior motives for producing its information. As a consequence of this intelligence inertia, the public-at-large has become extremely prone to blindly and very dangerously accepting any information as fact as long as it is printed in a “credible newspaper” or it is spoken on a “credible television news station.” In 1956, M. King Hubbert coined the term “peak oil”. In 1975 Hubbert himself predicted a worldwide crisis in oil by 1999 or 2000. Even though this did not occur, this did not discredit the peak oil theory whatsoever.
Of course, the question that immediately surfaces is this. Why would the banking cartel want you to believe that the oil is a fossil fuel if it is not? Here is the answer. If bankers could successfully sell the world the idea that oil was a byproduct of a process that involved hundreds of thousands or millions of years of anaerobic decomposition of buried dead organisms, then it would become infinitely easier to sell the world on the idea of peak oil and manipulate the price of oil. It is extremely difficult to manipulate the price of a commodity if everyone believes that its supply is abundant. So step back for a second, take a deep breath and let’s consider the logical arguments for/against the fossil fuel theory of oil production and for/against the abiotic theory of oil production. Is not a theory that proposes that the process to form oil would take not decades, not centuries, but MILLIONS of years through the decomposition of fossilized remains a theory that resides on the furthest edge of the spectrum of speculation? After all, testing this theory would take millions of years for this is how long this theory’s process presupposes is the necessary timetable for the formation of oil. Proposing that we know for certain that the process to form oil takes hundreds of thousands or millions of years seems far more absurd to me than the alternate theory of abiotic oil, where scientific evidence supports that the carbon found in the building blocks of oil are not formed from the decomposition of fossilized remains.
In regard to oil, F. William Engdahl continues, “It’s a controlled market — this is not a free market! Energy is probably the most controlled market in the world, food being second.” However, with this point, I respectfully disagree with Mr. Engdahl. In my opinion, money is the most controlled market in the world, with food and energy tied for second.
When considering the possibility that the banking cartel had created a lie about the real oil supply and was responsible for a potentially fake fossil fuel theory, my thoughts inevitably led me to questions regarding the US – Iraqi war. In fact, the US military’s invention in Iraq and the Bush administration’s invention of WMDs to justify military intervention almost seem to validate the Peak Oil theory. After all, why would America need to capture strategic control over the Middle East’s oil supply if oil was not a scarce resource but replenished quite abundantly by an abiotic process? I struggled with this question until I asked myself the following two questions, two questions that should always be asked before accepting the validity of any theory propagated by an authoritative source:
(1) Who is the source of this information?, and
(2) If the information is a lie, who benefits from the lie?
To question (1), most people already know that the Peak Oil Theory originated with M. King Hubbert. But can most people answer the question, “Who was M. King Hubbert?” M. King Hubbert was a geoscientist who worked at the Shell research lab in Houston, Texas. His biography provided by Wikipedia, is as follows:
“M.King Hubbert worked as an assistant geologist for the Amerada Petroleum Company for two years while pursuing his Ph.D., additionally teaching geophysics at Columbia University. He also served as a senior analyst at the Board of Economic Warfare. He joined the Shell Oil Company in 1943, retiring from that firm in 1964. After he retired from Shell, he became a senior research geophysicist for the United States Geological Survey until his retirement in 1976. He also held positions as a professor of geology and geophysics at Stanford University from 1963 to 1968, and as a professor at UC Berkeley from 1973 to 1976.”
A few months back, I produced a video series about the principles of ideological subversion that emphasized the essential role of education in the widespread acceptance of false ideas into the mainstream belief system. Hubbert certainly fits the bill here as he was granted numerous opportunities to spread his Peak Oil theories to the masses through his professorships at the top US universities of Columbia, Stanford and UC Berkeley. After Hubbert’s death, Matt Simmons, a Houston oil banker and decades-long friend of former US Vice President Dick Cheney, was able to leverage Hubbert’s peak oil theory to crystallize a global belief in the limited global supply of oil before he eventually turned whistleblower on British Petroleum during the BP Gulf of Mexico oil disaster, and was discredited himself before dying under questionable circumstances in 2010. Simmons was George W. Bush’s energy adviser, a member of the National Petroleum Council and also a member of the secretive, powerful Council on Foreign Relations.
Thus we’ve established that the oil industry and bankers were the source of the Peak Oil theory as well as the impetus behind propelling the theory into prominent global attention. Now let’s turn our attention to question (2). Who benefited the most from the Peak Oil theory and the War in Iraq? Again, the top beneficiaries of the Peak Oil theory and the War in Iraq were, and still are, oil producers and bankers. Why are bankers at the top of the list of beneficiaries of the war, you ask? It’s a simple equation. The US Federal Reserve creates money to fund the war and lends it to the American government. The American government in turn must pay interest on the money they borrow from the Central Bank to fund the war. The greater the war appropriations, the greater the profits are for bankers.
As I’ve only researched the abiotic theory a little over a month in preparation for this article, I am certainly not an expert on this theory. However, I think I’ve raised enough questions that should raise reasonable doubts regarding the possibility that bankers may just be providing false oil supply numbers to manipulate the oil price for personal gain. With that thought in mind, let’s turn our attention to agriculture...
Solar On Fire In California
http://blogs.forbes.com/energysource/2010/05/06/solar-on-fire-in-california/
From the comments:
Solar is growing nationwide because it costs less than traditional electric utility power. For example, if you spend $200 per month for electricity with a utility, then you will spend $81,979 over 25 years. No matter how you calculate it, you will save money with a $5,000 to $20,000 solar panel system. Remember, you can pay the utility for 25 years, with annual price increases, or you can pay a lot less for solar power. You'll also get some great tax credits and cash rebates, and you will increase the value of your home.
Check out this video of someone who is using solar to power their home AND electric vehicle. http://bit.ly/cm85lq Pretty much $0 annual fuel costs. Imagine just plugging in at night, no gas stations or oil changes!
Share this: Free Energy 400 Billion Dollar Secret
Solar panels made three times cheaper and four times more efficient
GIZMAG - As regular readers will know, we cover more than our fair share of breakthroughs promising next-generation super-efficient solar cells. Everything from growing photovoltaic crystals, applying special coatings or using carbon nanotubes teases us with cheaper, more efficient solar energy - eventually. In this latest news, scientists are using current technology in a new type of concentrating array which they say is four times more efficient and three times cheaper than current solar cells.
The technology was originally developed at the Royal Melbourne Institute of Technology (RMIT) and will be commercially produced by a spinoff company called Technique Solar . Each solar module consists of nine "troughs" that feature a concentrating acrylic lens and reflective walls to focus the sun’s rays onto a strip of photovoltaic (PV) cells, which enables the number of PV cells to be cut by 75 percent. The PV cells are used to generate electricity, while a heat exchanger located under them is used to generate heat for circulating water and storage tanks for a hot water system. Additionally, to maximize the sun’s rays the array has a motor drive mechanism with tracking sensor to follow the sun.
http://www.solarplaza.com/news/solar-panels-made-three-times-cheaper-and-four-tim?utm_source=Solarplaza+SUN&utm_campaign=1d77d88e70-SUN&utm_medium=email
Algae to solve the Pentagon's jet fuel problem
US scientists believe they will soon be able to use algae to produce biofuel for the same cost as fossil fuels
Somebody post this to the fuck heads on the peak oil board....
Go for hyperlinks...
http://www.guardian.co.uk/environment/2010/feb/13/algae-solve-pentagon-fuel-problem
See also:
http://greenstockinvesting.com/2010/02/is-this-algaes-year/
Fisherman rows a boat in the algae-filled Chaohu Lake in Hefei
Algae on China’s Yangtze river. Beijing, as well as the US military, is looking at ways to turn it into aviation fuel.
The brains trust of the Pentagon says it is just months away from producing a jet fuel from algae for the same cost as its fossil-fuel equivalent.
The claim, which comes from the Defense Advanced Research Projects Agency (Darpa) that helped to develop the internet and satellite navigation systems, has taken industry insiders by surprise. A cheap, low-carbon fuel would not only help the US military, the nation's single largest consumer of energy, to wean itself off its oil addiction, but would also hold the promise of low-carbon driving and flying for all.
Darpa's research projects have already extracted oil from algal ponds at a cost of $2 per gallon. It is now on track to begin large-scale refining of that oil into jet fuel, at a cost of less than $3 a gallon, according to Barbara McQuiston, special assistant for energy at Darpa. That could turn a promising technology into a market-ready one. Researchers have cracked the problem of turning pond scum and seaweed into fuel, but finding a cost-effective method of mass production could be a game-changer. "Everyone is well aware that a lot of things were started in the military," McQuiston said.
The work is part of a broader Pentagon effort to reduce the military's thirst for oil, which runs at between 60 and 75 million barrels of oil a year. Much of that is used to keep the US Air Force in flight. Commercial airlines – such as Continental and Virgin Atlantic – have also been looking at the viability of an algae-based jet fuel, as has the Chinese government.
"Darpa has achieved the base goal to date," she said. "Oil from algae is projected at $2 per gallon, headed towards $1 per gallon."
McQuiston said a larger-scale refining operation, producing 50 million gallons a year, would come on line in 2011 and she was hopeful the costs would drop still further – ensuring that the algae-based fuel would be competitive with fossil fuels. She said the projects, run by private firms SAIC and General Atomics, expected to yield 1,000 gallons of oil per acre from the algal farm.
McQuiston's projections took several industry insiders by surprise. "It's a little farther out in time," said Mary Rosenthal, director of the Algal Biomass Association. "I am not saying it is going to happen in the next three months, but it could happen in the next two years."
But the possibilities have set off a scramble to discover the cheapest way of mass-producing an algae-based fuel. Even Exxon – which once notoriously dismissed biofuels as moonshine – invested $600m in research last July.
Unlike corn-based ethanol, algal farms do not threaten food supplies. Some strains are being grown on household waste and in brackish water. Algae draw carbon dioxide from the atmosphere when growing; when the derived fuel is burned, the same CO2 is released, making the fuel theoretically zero-carbon, although processing and transporting the fuel requires some energy.
The industry received a further boost earlier this month, when the Environmental Protection Agency declared that algae-based diesel reduced greenhouse gas emissions by more than 50% compared with conventional diesel. The Obama administration had earlier awarded $80m in research grants to a new generation of algae and biomass fuels. BUT GAVE BILLIONS TO THE FUCKING BANKERS...
For Darpa, the support for algae is part of a broader mission for the US military to obtain half of its fuel from renewable energy sources by 2016. That time line meant that the Pentagon needed to develop technologies to make its hardware "fuel agnostic", capable that is of running on any energy source including methane and propane.
The US Air Force wants its entire fleet of jet fighters and transport aircraft to test-fly a 50-50 blend of petroleum-based fuel and other sources – including algae – by next year.
The switch is partly driven by cost, but military commanders in Afghanistan and Iraq are also anxious to create a lighter, more fuel-efficient force that is less dependent on supply convoys, which are vulnerable to attack from insurgents. Give the military the capability of creating jet fuel in the field, and you would eliminate that danger, McQuiston said. "In Afghanistan, if you could be able to create jet fuel from indigenous sources and rely on that, you'd not only be able to source energy for the military, but you'd also be able to leave an infrastructure that would be more sustainable."
McQuiston said the agency was also looking at how to make dramatic improvements in the photo-voltaic cells that collect solar energy. She said making PV 50% more efficient would create a future when even the smallest devices, such as mobile phones, would be powered by their own solar cells.
Revolutionary discovery means world may not run out of crude
By Stephanie Dearing.
Subscribe to author Published Sep 13, 2009 by ■ Stephanie Dearing -
A team of scientists based at the Royal Institute of Technology in Sweden have made a "revolutionary" discovery about how hydrocarbon is formed, learning that animal and plant fossils are not necessary to form crude oil.
The discovery, the scientists say, means that the world will never run out of crude oil. Currently, theory states that crude oil is formed very slowly - over millions of years - from the remains of dead plants and animals. Buried under rock, over time the pressure and temperature of natural earth processes results in the creation of crude oil. But that theory is now old news, as the scientists, led by Vladimir Kutcherov, say they have proven that fossilized plants and animals are not needed to create hydrocarbons.
“Using our research we can even say where oil could be found in Sweden,”
Kutcherov told Science Daily.
The article, titled Methane-derived hydrocarbons produced under upper mantle conditions, and published in Nature Geoscience, states that
"Whether hydrocarbons can also be produced from abiogenic precursor molecules under the high-pressure, high-temperature conditions characteristic of the upper mantle remains an open question. It has been proposed that hydrocarbons generated in the upper mantle could be transported through deep faults to shallower regions in the Earth’s crust, and contribute to petroleum reserves."
Kutcherov has said that his next step is to conduct experiments that will help him refine his new method for finding drilling points.
The idea of endless oil might be a bane to environmentalists and high-stakes oil production fields, such as Canada's oil sands, but most of the world's population will thrill to the idea that they will not have to give up their beloved automobiles. Not only will it be a much simpler matter to find and extract petroleum fuels, but, as Kutcherov's theories become reality, prices for natural gas and gasoline products should decrease. Kutcherov said the world is reliant on crude oil and natural gas, which makes up 61% of fuels currently used.
Kutcherov had recently proven that hydrocarbons can be created out of water, calcium carbonate and iron, and this means that crude oil is a sustainable, renewable resource, according to reports. However, this discovery does not mean that emissions from the combustion of hydrocarbons do not create climate change.
Kutcherov is a professor at the Royal Institute of Technology in Sweden.
Last year Science Magazine published an article that said crude oil is created by an abiotic process and not from fossil fuels. These recent discoveries were found by building on a German process referred to as the Fischer-Tropsch type (FTT) genesis. Germany had plenty of coal but very little petroleum, which prompted a serious push by German scientists to find a way to create a substitute fuel. The FTT process was developed and patented in the 1920s, and was subsequently used throughout World War II by Germany and Japan. The process has been the basis for the creation of jet fuel made from water in the United States, as reported by Wired magazine.
While Kucherov's experiments have been proven in the laboratory, they have yet to be translated into reality, and there is no word on how long the world might have to wait to take advantage of the new discoveries.
http://www.digitaljournal.com/article/279153
They Used to Say Whale Oil Was Indispensable, Too
http://www.nytimes.com/2008/08/03/nyregion/03towns.html?_r=2&scp=3&sq=whaling%20museum&st=cse
By PETER APPLEBOME
Published: August 3, 2008
SAG HARBOR, N.Y.
Call us Ishmael.
Of course they would have arrived on the Hampton Jitney, not the Pequod, and it’s not likely that any of the characters in “Moby-Dick” would have known what to make of the exhibit at the Sag Harbor Whaling and Historical Museum.
But in this dour summer defined by the racing digital readouts at the gas pump, there’s a meditation worthy of Melville in the question raised by the modest exhibition being displayed here, in a frayed Greek Revival building constructed around 1845 by a local whaling magnate: Is the oil business the new whaling business? And, if so, is that a good sign or a troubling one?
Bear with us. Whaling, after all, was one of the world’s first great multinational businesses, a global enterprise of audacious reach and import. From the 1700s through the mid-1800s, oil extracted from the blubber of whales and boiled in giant pots gave light to America and much of the Western world. The United States whaling fleet peaked in 1846 with 735 ships out of 900 in the world. Whaling was the fifth-largest industry in the United States; in 1853 alone, 8,000 whales were slaughtered for whale oil shipped to light lamps around the world, plus sundry other parts used in hoop skirts, perfume, lubricants and candles.
Like oil, particularly in its early days, whaling spawned dazzling fortunes, depending on the brute labor of tens of thousands of men doing dirty, sweaty, dangerous work. Like oil, it began with the prizes closest to home and then found itself exploring every corner of the globe. And like oil, whaling at its peak seemed impregnable, its product so far superior to its trifling rivals, like smelly lard oil or volatile camphene, that whaling interests mocked their competitors.
“Great noise is made by many of the newspapers and thousands of the traders in the country about lard oil, chemical oil, camphene oil, and a half-dozen other luminous humbugs,” The Nantucket Inquirer snorted derisively in 1843. It went on: “But let not our envious and — in view of the lard oil mania — we had well nigh said, hog-gish opponents, indulge themselves in any such dreams.”
But, in fact, whaling was already just about done, said Eric Jay Dolin, who wrote some of the text for the exhibit and is the author of “Leviathan: The History of Whaling in America.” Whales near North America were becoming scarce, and the birth of the American petroleum industry in 1859 in Titusville, Pa., allowed kerosene to supplant whale oil before the electric light replaced both of them and oil found other uses.
By 1861, whaling was in such decline that the federal government bought 38 old whaling ships, loaded them with stones and sunk them in Charleston Harbor in what turned out to be an unsuccessful attempt to blockade the Confederate port.
Mr. Dolin said the message for today was that one era’s irreplaceable energy source could be the next one’s relic. Like whaling, he said, big oil is ripe to be replaced by something newer, cleaner, more appropriate for its moment.
“What you think you can’t live with today, tomorrow can become just a memory,” he said. “That’s what happened with whale oil, and eventually it’s going to happen to oil, but you don’t just turn off one switch and flip on a new one. It’s the product of a long, wrenching process that I hope leads us to a more sustainable path than the one we’re on now.”
And so both the whaling artifacts and the exhibit’s messages about the future, Thomas A. Edison rhapsodizing about solar power, Henry David Thoreau about wind, leave a message that’s at least potentially upbeat. Just because we do not see an easy way out of today’s energy morass doesn’t mean one isn’t taking shape right before our eyes.
There is another way to look at it. The museum exhibit, with its antique vials of whale oil, its primitive display of harpoons, eel spears, breast augers and circle cutters, speaks to a world of the most rudimentary technology. Still, even then, men in wooden boats could slaughter tens of thousands of whales and eventually drive some species to the brink of extinction.
We’re still relentlessly hacking, clawing and drilling away at whatever we can extract from the planet, more driven Ahab than curious Ishmael, but with infinitely more technological sophistication and impact. The whalers back then were surely no match for the global reach of oil. Now we do it in a world of almost 7 billion people all wanting their own cars and computers instead of the 700 million in 1750 content with whale oil in lanterns. Rather than the pygmies chasing the leviathans of the sea, no one can doubt who’s the leviathan today.
Maybe, in fact, the next chapter will be more benign with fewer unintended consequences than the shift from whale oil to fossil fuel. Maybe, there really is a green miracle on the horizon that will allow that same exponential growth of our Ahabs and Ishmaels at much less environmental cost. Maybe turning the page to something better is the right lesson to take away.
We’d better hope so.
E-mail: peappl@nytimes.com
Teenager invents £23 solar panel that could be solution to developing world's energy needs ... made from human hair
By Daily Mail Reporter
Last updated at 8:06 PM on 08th September 2009
http://www.dailymail.co.uk/sciencetech/article-1212005/Teenager-invents-23-solar-panel-solution-developing-worlds-energy-needs-human-hair.html
A new type of solar panel using human hair could provide the world with cheap, green electricity, believes its teenage inventor.
Milan Karki, 18, who comes from a village in rural Nepal, believes he has found the solution to the developing world's energy needs.
The young inventor says hair is easy to use as a conductor in solar panels and could revolutionise renewable energy.
Milan Karki
Hair-raising: Science student Milan Karki with his innovative solar panel made with human hair while a friend holds a light bulb above his head
'First I wanted to provide electricity for my home, then my village. Now I am thinking for the whole world,' said Milan, who attends school in the capital, Kathmandu.
The hair replaces silicon, a pricey component typically used in solar panels, and means the panels can be produced at a low cost for those with no access to power, he explained.
In Nepal, one of the poorest countries in the world, many rural areas lack access to electricity and even in areas connected to power lines, users face shortages of up to 16 hours a day.
Milan and four classmates initially made the solar panel as an experiment but the teens are convinced it has wide applicability and commercial viability.
Milan Karki
Close shave: Milan (second from right) demonstrates his solar panel in a tiny barber shop in Kathmandu
'I'm trying to produce commercially and distribute to the districts. We've already sent a couple out to the districts to test for feasibility,' he said.
The solar panel, which produces 9 V (18 W) of energy, costs around £23 to make from raw materials.
But if they were mass-produced, Milan says they could be sold for less than half that price, which could make them a quarter of the price of those already on the market.
Melanin, a pigment that gives hair its colour, is light sensitive and also acts as a type of conductor. Because hair is far cheaper than silicon the appliance is less costly.
solar panel
Hair today: A detailed shot shows the human hair used as an alternative to silicon
The solar panel can charge a mobile phone or a pack of batteries capable of providing light all evening.
Milan began his quest to create electricity when he was a boy living in Khotang, a remote district of Nepal completely unconnected to electricity. According to him, villagers were skeptical of his invention at first.
'They believe in superstitions, they don't believe in science. But now they believe,' he said.
Milan Karki
Cost effective: The solar-hair panel is estimated to be four times cheaper than an industrial made solar panel of comparable capacity
He first tried to use water currents hydro power on a small scale, but said the experiment became too expensive.
'I searched for new, other renewable, affordable sources. People in these places are living the life of the stone age even in the 21st century,' he said.
Milan, whose hero is the inventor Thomas Eddison, describes himself as lucky because his family could afford for him to receive a proper education while many other villagers are forced to work from an early age. Most of those from his village are illiterate.
He was originally inspired after reading a book by physicist Stephen Hawking, which discussed ways of creating static energy from hair.
Milan Karki
It's got the power: A digital multimeter shows the voltage generated by the innovative panel
'I realised that Melanin was one of the factors in conversion of energy,' he said.
Half a kilo of hair can be bought for only 16p in Nepal and lasts a few months, whereas a pack of batteries would cost 50p and last a few nights.
People can replace the hair easily themselves, says Milan, meaning his solar panels need little servicing.
Three years after first coming up with the idea, Milan says the idea is more important than ever because of the crucial need for renewable energies in the face of finite power sources and global warming.
'Slowly, natural resources are degrading so it is necessary to think about the future," he said.
'One day we will be in a great crisis regarding this fuel so it is a good thing to do today.
'This is an easy solution for the crisis we are having today. We have begun the long walk to save the planet.'
Read more: http://www.dailymail.co.uk/sciencetech/article-1212005/Teenager-invents-23-solar-panel-solution-developing-worlds-energy-needs-human-hair.html#ixzz0QcKtwuQh
Hydrocarbons In The Deep Earth?
Science Daily
http://atheonews.blogspot.com/2009/07/hydrocarbons-in-deep-earth.html
Tue, 28 Jul 2009
© A. Kolesnikov and V. Kutcherov
This artistic view of the Earth's interior shows hydrocarbons forming in the upper mantle and transported through deep faults to shallower depths in the Earth's crust. The inset shows a snapshot of the methane dissociation reaction studied in this work.
The oil and gas that fuels our homes and cars started out as living organisms that died, were compressed, and heated under heavy layers of sediments in the Earth's crust. Scientists have debated for years whether some of these hydrocarbons could also have been created deeper in the Earth and formed without organic matter. Now for the first time, scientists have found that ethane and heavier hydrocarbons can be synthesized under the pressure-temperature conditions of the upper mantle - the layer of Earth under the crust and on top of the core.
The research was conducted by scientists at the Carnegie Institution's Geophysical Laboratory, with colleagues from Russia and Sweden, and is published in the July 26, advanced online issue of Nature Geoscience.
Methane (CH4) is the main constituent of natural gas, while ethane (C2H6) is used as a petrochemical feedstock. Both of these hydrocarbons, and others associated with fuel, are called saturated hydrocarbons because they have simple, single bonds and are saturated with hydrogen. Using a diamond anvil cell and a laser heat source, the scientists first subjected methane to pressures exceeding 20 thousand times the atmospheric pressure at sea level and temperatures ranging from 1,300 F° to over 2,240 F°.
These conditions mimic those found 40 to 95 miles deep inside the Earth. The methane reacted and formed ethane, propane, butane, molecular hydrogen, and graphite. The scientists then subjected ethane to the same conditions and it produced methane. The transformations suggest heavier hydrocarbons could exist deep down. The reversibility implies that the synthesis of saturated hydrocarbons is thermodynamically controlled and does not require organic matter.
The scientists ruled out the possibility that catalysts used as part of the experimental apparatus were at work, but they acknowledge that catalysts could be involved in the deep Earth with its mix of compounds.
"We were intrigued by previous experiments and theoretical predictions," remarked Carnegie's Alexander Goncharov a coauthor. "Experiments reported some years ago subjected methane to high pressures and temperatures and found that heavier hydrocarbons formed from methane under very similar pressure and temperature conditions. However, the molecules could not be identified and a distribution was likely. We overcame this problem with our improved laser-heating technique where we could cook larger volumes more uniformly. And we found that methane can be produced from ethane."
The hydrocarbon products did not change for many hours, but the tell-tale chemical signatures began to fade after a few days.
Professor Kutcherov, a coauthor, put the finding into context: "The notion that hydrocarbons generated in the mantle migrate into the Earth's crust and contribute to oil-and-gas reservoirs was promoted in Russia and Ukraine many years ago. The synthesis and stability of the compounds studied here as well as heavier hydrocarbons over the full range of conditions within the Earth's mantle now need to be explored. In addition, the extent to which this 'reduced' carbon survives migration into the crust needs to be established (e.g., without being oxidized to CO2). These and related questions demonstrate the need for a new experimental and theoretical program to study the fate of carbon in the deep Earth."
This research was supported by the U.S. Department of Energy, the National Nuclear Security Agency through the Carnegie/DOE Alliance Center, the National Science Foundation, the W.M. Keck Foundation, and the Carnegie Institution.
at 6:23 PM
Labels: Phony Scarcity
6 comments:
Anonymous said...
Peak oil is a hoax, just like every other government scare tactic, including the overblown farce called man-made global warming.
The abiotic origin of oil was proven a good while back, and the only reason most people still believe in this dead dinosaur corpse BS about oil formation is because of the youth indoctrination centers euphemistically referred to as "government schools," and the government's willing Pravda whores in the "mainstream" media.
12:13 PM MDT
atheo said...
The "fossil fuel" theory is actually 200 years old yet has never been critically dissected by it's proponents. Yes, some theories are difficult to prove but this one, at least in the West (until this recent study) has simply been accepted as beyond challenge or question.
Dr. Thomas Gold (deceased) poked some serious holes in the fossil fuel theory in his last book The Deep Hot Biosphere. It's a tough read but I recommend it.
12:21 PM MDT
Anonymous said...
While I believe that markets should control the price of fuel. Peak oil isn't a "hoax" because it will come eventually even if the entire earth is composed of oil. As far as letting the markets control the price, the only problem is that future generations don't get to bid - I'd have bid 2 back when I was a kid and my parents were paying 1.....
1:56 PM MDT
atheo said...
Shall we also be concerned about peak iron and peak silica? After all they are finite.
1:59 PM MDT
Anonymous said...
A careful reading of this snippet will reveal that the conditions for abiotic oil were recreated in a lab, not found in nature. It's almost beyond belief that at this stage abotic oil articles keep being written.
The United States has become the world's greatest purveyor of bullsh*t. Remember, no peak oil, no 9-11 scam, no WMD scam, no Afghaniscam. It's to the power brokers' advantage to keep you confused.
2:08 PM MDT
atheo said...
Anonymous 2:08,
The one that is confused seems to be yourself. Afghanistan has absolutely nothing to do with oil, peak or no. To pretend that 9/11 is all about peak oil gives the Ziocons a rather free pass no? Peak oil is a recurring fraud. It's been around for over a century and still claims a following. Rather fascinating from a psychological analysis perspective anyhow.
2:13 PM MDT
A broker friend in the NY area recently went to a oil and gas conference. Even their own people are saying that they do not expect oil demand to reach it's previous levels until at the bare minium 2013.
Oil posts biggest loss since April as supplies jump
Wed Jul 29, 2009 3:31pm EDT
http://www.reuters.com/article/hotStocksNews/idUSTRE55L17H20090729
By Matthew Robinson
NEW YORK (Reuters) - Oil dropped nearly 6 percent on Wednesday to near $63 a barrel in the biggest one-day slide since April after data showed a surge in U.S. crude inventories on higher imports and lower refinery activity.
Crude stocks in the world's top consumer jumped 5.1 million barrels in the week to July 24, according to data from the U.S. Energy Information Administration, countering analyst expectations for an inventory draw. <EIA/S>
The build came as crude imports hit a six-month high and refiners -- their profits battered by limp demand -- cut back on their processing rates.
U.S. crude traded down $3.88, or 5.77 percent, to settle at $63.35 a barrel in the biggest percentage decline since April 20. London Brent fell $3.35 to $66.53 a barrel.
Over the past four weeks, U.S. fuel consumption dropped 4.1 percent against year-ago levels, led by a 10.7 percent drop in demand for distillates, which include key industrial fuels such as diesel. Distillate stocks rose to the highest level in nearly 25 years, while gasoline stockpiles fell, the EIA said.
"The build this week will put more pressure on oil, especially given that we were already seeing return of risk aversion across markets, with the U.S. dollar climbing and the stock market lower," said Rachel Ziemba, lead energy analyst for RGE Monitor in New York.
Optimism an economic recovery has helped push crude prices up from below $33 a barrel in December, with investors looking toward positive economic data for signs of a turnaround in flagging oil demand.
U.S. stock markets .N traded lower on Wednesday and the dollar rose broadly as investors piled into safer havens.
Further pressure came after commerce Department data showed new durable goods orders fell 2.5 percent in June, the largest percentage drop since January, after rising 1.3 percent in May.
Falling demand due to the recession knocked crude off record highs near $150 a barrel hit last July, clipping a six-year rally in commodities that had been fueled by rapid growth expansion in emerging economies such as China.
The wide swings in prices has raised concern over speculation in commodities markets, prompting the U.S. Commodities Futures Trading Commission to consider implementing position limits for some commodity futures.
CFTC Gary Gensler said on Wednesday he supported exemptions from tough new investor limits for bona fide hedgers, however, despite worries they could limit the usefulness of position limits.
"While I believe that we should maintain exemptions for bona fide hedgers, I am concerned that granting exemptions for financial risk management can defeat the effectiveness of position limits," he said during the second day of hearings on tightening regulatory oversight of U.S. futures markets.
A senior analyst for the International Energy Agency said volatile oil prices may have reached a floor.
"The evidence so far suggests that prices have probably reached a floor which may be around $50 to $60," Eduardo Lopez told Reuters on the sidelines of an oil and gas conference in Cape Town.
(Additional reporting by Gene Ramos and Robert Gibbons in New York and Joe Brock and Barbara Lewis in London; Editing by Christian Wiessner)
© Thomson Reuters 2009 All rights reserved
"Yes, We've Got Peak Oil ... But It Will Be a Broad Peak"
http://www.washingtonsblog.com/2009/06/yes-weve-got-peak-oil-but-it-will-be.html
I spoke with the head geologist of one of the world's largest oil companies Saturday. He's the guy whose job it is to find new oil.
I said that I had heard that it's now official that we have peak oil. http://www.thenation.com/doc/20090629/klare I asked him if that is true.
He replied:
Yes, it is true . . . We are no longer on the ascending part of the curve.
In other words, instead of finding more and more oil reserves - the left side of the bell curve - we have hit the peak of oil extraction.
However, he said:
But it is a broad peak.
In other words, he was saying that we might remain at the top of oil extraction for a long time before hitting the right side of the bell curve - decreasing oil reserves.
Finally, I asked him whether the science is accurate within decades - as opposed to years. He said "that's right". In other words, while he thinks that we will remain at the peak of the bell curve for some time, no one is really sure whether world-wide oil production will start declining in a couple of years or a couple of decades.
Shell 'played role in activist executions'
http://www.telegraph.co.uk/finance/newsbysector/energy/5383923/Shell-played-role-in-activist-executions.html
Royal Dutch Shell is due in court on Wednesday this week to face charges of being complicit in the execution of Nigerian activist Ken Saro-Wiwa 14 years ago.
By Mike Pflanz, West Africa Correspondent
Last Updated: 5:53AM BST 26 May 2009
Shell has stopped working in Nigeria's oil-rich Ogoni but still has large operations elsewhere in south-eastern Nigeria Photo: Getty Images
The Anglo-Dutch petrochemicals giant will be accused of asking Nigeria's military dictatorship to silence Mr Saro-Wiwa and other activists campaigning against ecological damage allegedly brought about by oil extraction.
Mr Saro-Wiwa and eight other campaigners were executed by hanging in November 1995 after being found guilty of what were widely seen as trumped up murder charges.
If found liable, Shell would be forced to pay damages that amount to hundreds of millions of dollars.
"While Shell didn't tighten the noose or pull the trigger, they played a critical supporting role for which they must be held accountable," said Jen Nessel from the Center for Constitutional Rights, one of the organisations involved in the trial, which opens in New York on Wednesday.
"May 27th will see Ken Saro Wiwa's prophesy fulfilled that Shell would one day be on trial for what it did to the Ogoni people."
The plaintiffs in Wiwa v Shell, a consolidation of several long-running cases, will also argue that the company is guilty of crimes against humanity, torture and illegal detainment.
Royal Dutch Shell vigorously denies all the allegations, which are being brought by relatives of Mr Saro-Wiwa and other victims of Nigeria's military dictatorship.
Mr Saro-Wiwa co-founded the Movement for the Survival of the Ogoni People, established in 1990 to fight against alleged exploitation of the inhabitants of Nigeria's oil-rich Ogoni region by oil multinationals. Shell has since stopped working there, but still has large operations elsewhere in south-eastern Nigeria.
Mr Saro-Wiwa's vociferous campaigning brought a greater international awareness of environmental damage said to be caused by oil extraction, especially details of repeated oil spills and the practice of gas-flaring.
"Shell refuses to apologise for its role in the execution of Ken Saro-Wiwa," said Ben Amunwa, of Platform, a British pressure group involved in the case.
"Worse still, Shell continue to pollute and flare gas with impunity in the Niger Delta, poisoning land and aggravating locals.
"The legitimate grievances of Saro-Wiwa and the Ogoni remain unaddressed, Shell's ongoing environmental abuses fan the flames of conflict between oil companies and host communities."
Nigeria's military has recently launched its heaviest crackdown yet on militants in the Niger Delta, bombing their creek-side camps and reportedly killing key rebel leaders.
Amnesty International says there are reports that "hundreds" of civilians have died during the operation, although Nigeria's government denies this.
"The allegations made in the complaints against Royal Dutch Shell concerning the 1995 executions of Ken Saro-Wiwa and his eight fellow Ogonis are false and without merit," a Shell spokesman said.
"Shell in no way encouraged or advocated any act of violence against them or their fellow Ogonis. We believe that the evidence will show clearly that Shell was not responsible for these tragic events."
The trial could result in the first successful prosecution brought under the Alien Torts Statute, which gives non-US citizens the right to file suits in US courts for international human rights violations.
The trial comes after a 12-year legal battle in which Shell has made repeated efforts to have the case thrown out of court in the US.
Related Articles
*
Shell: shares, charts, data
*
Shell offers reassurance on dividend policy
*
Shell in talks with Chinese oil companies over Iraqi sites
*
Marine on trial for alleged Iraq murder revealed in Secret Service interview
*
Shell executive Linda Cook resigns weeks before new chief takes over
*
Patience will be a virtue for UKFI, the City's new silent assassin
Venezuela cooperates with Vietnam to explore oil
The Venezuelan Petroleum Corporation (CVP) has received a permission to set up a joint venture with the PetroVietnam Exploration and Production Corporation (PVEP) to explore and exploit oil in the Orinoco belt.
Under a decree published in the Venezuela’s official gazette on May 21, the joint venture, named PetroMacareo S.A., is also allowed to process heavy oil and extra heavy oil pumped from the 248 sq. km Junin block 2 in the Orinoco belt. The belt is considered to have the world’s largest oil reserves.
In addition, the join venture will be involved in the trading of semi-processed oil and side products.
CVP, a branch of Venezuela's state oil company PDVSA, will hold a 60 percent stake in PetroMacareo, while PVEP will has 40 percent.
According to Venezuela’s newspapers, PetroMacareo will is expected to produce 200,000 barrels of heavy and extra heavy oil from Junin block 2, which will then be processed into light crude oil to supply to an oil refinery in Vietnam.
http://english.vovnews.vn/Home/Venezuela-cooperates-with-Vietnam-to-explore-oil/20095/104564.vov
I got a strange warning for the http://www.pachecogenerator.com/ site
"The website you are visiting seems to contain malware. Malware is malicious software that can harm your computer or operate without your consent. Your computer may be harmed just by browsing to a site with malware, without any further action on your part.
For detailed information about problems found on this website or a portion of this site visit the Google Safe Browsing diagnostic page for statscounter.cn"
Curious.
And let us not forget:
SUN ALREADY ON FIRE.
http://solarcooking.org/plans/
Peak oil is a joke:
By now that should become clear.
http://www.cornishgenerator.com/index.html
On the fly for your car:
http://www.pachecogenerator.com/
Pipeline-Istan: Everything You Need to Know About Oil, Gas, Russia, China, Iran, Afghanistan and Obama
By Pepe Escobar, Tomdispatch.com. Posted May 13, 2009.
Nothing of significance takes place in Eurasia without an energy angle.
http://www.alternet.org/audits/139983/pipeline-istan%3A_everything_you_need_to_know_about_oil%2C_gas%2C_russia%2C_china%2C_iran%2C_afghanistan_and_obama/?page=entire
As Barack Obama heads into his second hundred days in office, let's head for the big picture ourselves, the ultimate global plot line, the tumultuous rush towards a new, polycentric world order. In its first hundred days, the Obama presidency introduced us to a brand new acronym, OCO for Overseas Contingency Operations, formerly known as GWOT (as in Global War on Terror). Use either name, or anything else you want, and what you're really talking about is what's happening on the immense energy battlefield that extends from Iran to the Pacific Ocean. It's there that the Liquid War for the control of Eurasia takes place.
Yep, it all comes down to black gold and "blue gold" (natural gas), hydrocarbon wealth beyond compare, and so it's time to trek back to that ever-flowing wonderland -- Pipelineistan. It's time to dust off the acronyms, especially the SCO or Shanghai Cooperative Organization, the Asian response to NATO, and learn a few new ones like IPI and TAPI. Above all, it's time to check out the most recent moves on the giant chessboard of Eurasia, where Washington wants to be a crucial, if not dominant, player.
We've already seen Pipelineistan wars in Kosovo and Georgia, and we've followed Washington's favorite pipeline, the BTC, which was supposed to tilt the flow of energy westward, sending oil coursing past both Iran and Russia. Things didn't quite turn out that way, but we've got to move on, the New Great Game never stops. Now, it's time to grasp just what the Asian Energy Security Grid is all about, visit a surreal natural gas republic, and understand why that Grid is so deeply implicated in the Af-Pak war.
Every time I've visited Iran, energy analysts stress the total "interdependence of Asia and Persian Gulf geo-ecopolitics." What they mean is the ultimate importance to various great and regional powers of Asian integration via a sprawling mass of energy pipelines that will someday, somehow, link the Persian Gulf, Central Asia, South Asia, Russia, and China. The major Iranian card in the Asian integration game is the gigantic South Pars natural gas field (which Iran shares with Qatar). It is estimated to hold at least 9% of the world's proven natural gas reserves.
As much as Washington may live in perpetual denial, Russia and Iran together control roughly 20% of the world's oil reserves and nearly 50% of its gas reserves. Think about that for a moment. It's little wonder that, for the leadership of both countries as well as China's, the idea of Asian integration, of the Grid, is sacrosanct.
If it ever gets built, a major node on that Grid will surely be the prospective $7.6 billion Iran-Pakistan-India (IPI) pipeline, also known as the "peace pipeline." After years of wrangling, a nearly miraculous agreement for its construction was initialed in 2008. At least in this rare case, both Pakistan and India stood shoulder to shoulder in rejecting relentless pressure from the Bush administration to scotch the deal.
It couldn't be otherwise. Pakistan, after all, is an energy-poor, desperate customer of the Grid. One year ago, in a speech at Beijing's Tsinghua University, then-President Pervez Musharraf did everything but drop to his knees and beg China to dump money into pipelines linking the Persian Gulf and Pakistan with China's Far West. If this were to happen, it might help transform Pakistan from a near-failed state into a mighty "energy corridor" to the Middle East. If you think of a pipeline as an umbilical cord, it goes without saying that IPI, far more than any form of U.S. aid (or outright interference), would go the extra mile in stabilizing the Pak half of Obama's Af-Pak theater of operations, and even possibly relieve it of its India obsession.
If Pakistan's fate is in question, Iran's is another matter. Though currently only holding "observer" status in the Shanghai Cooperation Organization (SCO), sooner or later it will inevitably become a full member and so enjoy NATO-style, an-attack-on-one-of-us-is-an-attack-on-all-of-us protection. Imagine, then, the cataclysmic consequences of an Israeli preemptive strike (backed by Washington or not) on Iran's nuclear facilities. The SCO will tackle this knotty issue at its next summit in June, in Yekaterinburg, Russia.
Iran's relations with both Russia and China are swell -- and will remain so no matter who is elected the new Iranian president next month. China desperately needs Iranian oil and gas, has already clinched a $100 billion gas "deal of the century" with the Iranians, and has loads of weapons and cheap consumer goods to sell. No less close to Iran, Russia wants to sell them even more weapons, as well as nuclear energy technology.
And then, moving ever eastward on the great Grid, there's Turkmenistan, lodged deep in Central Asia, which, unlike Iran, you may never have heard a thing about. Let's correct that now.
Gurbanguly Is the Man
Alas, the sun-king of Turkmenistan, the wily, wacky Saparmurat "Turkmenbashi" Nyazov, "the father of all Turkmen" (descendants of a formidable race of nomadic horseback warriors who used to attack Silk Road caravans) is now dead. But far from forgotten.
The Chinese were huge fans of the Turkmenbashi. And the joy was mutual. One key reason the Central Asians love to do business with China is that the Middle Kingdom, unlike both Russia and the United States, carries little modern imperial baggage. And of course, China will never carp about human rights or foment a color-coded revolution of any sort.
The Chinese are already moving to successfully lobby the new Turkmen president, the spectacularly named Gurbanguly Berdymukhamedov, to speed up the construction of the Mother of All Pipelines. This Turkmen-Kazakh-China Pipelineistan corridor from eastern Turkmenistan to China's Guangdong province will be the longest and most expensive pipeline in the world, 7,000 kilometers of steel pipe at a staggering cost of $26 billion. When China signed the agreement to build it in 2007, they made sure to add a clever little geopolitical kicker. The agreement explicitly states that "Chinese interests" will not be "threatened from [Turkmenistan's] territory by third parties." In translation: no Pentagon bases allowed in that country.
China's deft energy diplomacy game plan in the former Soviet republics of Central Asia is a pure winner. In the case of Turkmenistan, lucrative deals are offered and partnerships with Russia are encouraged to boost Turkmen gas production. There are to be no Russian-Chinese antagonisms, as befits the main partners in the SCO, because the Asian Energy Security Grid story is really and truly about them.
By the way, elsewhere on the Grid, those two countries recently agreed to extend the East Siberian-Pacific Ocean oil pipeline to China by the end of 2010. After all, energy-ravenous China badly needs not just Turkmen gas, but Russia's liquefied natural gas (LNG).
With energy prices low and the global economy melting down, times are sure to be tough for the Kremlin through at least 2010, but this won't derail its push to forge a Central Asian energy club within the SCO. Think of all this as essentially an energy entente cordiale with China. Russian Deputy Industry and Energy Minister Ivan Materov has been among those insistently swearing that this will not someday lead to a "gas OPEC" within the SCO. It remains to be seen how the Obama national security team decides to counteract the successful Russian strategy of undermining by all possible means a U.S.-promoted East-West Caspian Sea energy corridor, while solidifying a Russian-controlled Pipelineistan stretching from Kazakhstan to Greece that will monopolize the flow of energy to Western Europe.
The Real Afghan War
In the ever-shifting New Great Game in Eurasia, a key question -- why Afghanistan matters -- is simply not part of the discussion in the United States. (Hint: It has nothing to do with the liberation of Afghan women.) In part, this is because the idea that energy and Afghanistan might have anything in common is verboten.
And yet, rest assured, nothing of significance takes place in Eurasia without an energy angle. In the case of Afghanistan, keep in mind that Central and South Asia have been considered by American strategists crucial places to plant the flag; and once the Soviet Union collapsed, control of the energy-rich former Soviet republics in the region was quickly seen as essential to future U.S. global power. It would be there, as they imagined it, that the U.S. Empire of Bases would intersect crucially with Pipelineistan in a way that would leave both Russia and China on the defensive.
Think of Afghanistan, then, as an overlooked subplot in the ongoing Liquid War. After all, an overarching goal of U.S. foreign policy since President Richard Nixon's era in the early 1970s has been to split Russia and China. The leadership of the SCO has been focused on this since the U.S. Congress passed the Silk Road Strategy Act five days before beginning the bombing of Serbia in March 1999. That act clearly identified American geo-strategic interests from the Black Sea to western China with building a mosaic of American protectorates in Central Asia and militarizing the Eurasian energy corridor.
Afghanistan, as it happens, sits conveniently at the crossroads of any new Silk Road linking the Caucasus to western China, and four nuclear powers (China, Russia, Pakistan, and India) lurk in the vicinity. "Losing" Afghanistan and its key network of U.S. military bases would, from the Pentagon's point of view, be a disaster, and though it may be a secondary matter in the New Great Game of the moment, it's worth remembering that the country itself is a lot more than the towering mountains of the Hindu Kush and immense deserts: it's believed to be rich in unexplored deposits of natural gas, petroleum, coal, copper, chrome, talc, barites, sulfur, lead, zinc, and iron ore, as well as precious and semiprecious stones.
And there's something highly toxic to be added to this already lethal mix: don't forget the narco-dollar angle -- the fact that the global heroin cartels that feast on Afghanistan only work with U.S. dollars, not euros. For the SCO, the top security threat in Afghanistan isn't the Taliban, but the drug business. Russia's anti-drug czar Viktor Ivanov routinely blasts the disaster that passes for a U.S./NATO anti-drug war there, stressing that Afghan heroin now kills 30,000 Russians annually, twice as many as were killed during the decade-long U.S.-supported anti-Soviet Afghan jihad of the 1980s.
And then, of course, there are those competing pipelines that, if ever built, either would or wouldn't exclude Iran and Russia from the action to their south. In April 2008, Turkmenistan, Afghanistan, Pakistan, and India actually signed an agreement to build a long-dreamt-about $7.6 billion (and counting) pipeline, whose acronym TAPI combines the first letters of their names and would also someday deliver natural gas from Turkmenistan to Pakistan and India without the involvement of either Iran or Russia. It would cut right through the heart of Western Afghanistan, in Herat, and head south across lightly populated Nimruz and Helmand provinces, where the Taliban, various Pashtun guerrillas and assorted highway robbers now merrily run rings around U.S. and NATO forces and where -- surprise! -- the U.S. is now building in Dasht-e-Margo ("the Desert of Death") a new mega-base to host President Obama's surge troops.
TAPI's rival is the already mentioned IPI, also theoretically underway and widely derided by Heritage Foundation types in the U.S., who regularly launch blasts of angry prose at the nefarious idea of India and Pakistan importing gas from "evil" Iran. Theoretically, TAPI's construction will start in 2010 and the gas would begin flowing by 2015. (Don't hold your breath.) Embattled Afghan President Hamid Karzai, who can hardly secure a few square blocks of central Kabul, even with the help of international forces, nonetheless offered assurances last year that he would not only rid his country of millions of land mines along TAPI's route, but somehow get rid of the Taliban in the bargain.
Should there be investors (nursed by Afghan opium dreams) delirious enough to sink their money into such a pipeline -- and that's a monumental if -- Afghanistan would collect only $160 million a year in transit fees, a mere bagatelle even if it does represent a big chunk of the embattled Karzai's current annual revenue. Count on one thing though, if it ever happened, the Taliban and assorted warlords/highway robbers would be sure to get a cut of the action.
A Clinton-Bush-Obama Great Game
TAPI's roller-coaster history actually begins in the mid-1990s, the Clinton era, when the Taliban were dined (but not wined) by the California-based energy company Unocal and the Clinton machine. In 1995, Unocal first came up with the pipeline idea, even then a product of Washington's fatal urge to bypass both Iran and Russia. Next, Unocal talked to the Turkmenbashi, then to the Taliban, and so launched a classic New Great Game gambit that has yet to end and without which you can't understand the Afghan war Obama has inherited.
A Taliban delegation, thanks to Unocal, enjoyed Houston's hospitality in early 1997 and then Washington's in December of that year. When it came to energy negotiations, the Taliban's leadership was anything but medieval. They were tough bargainers, also cannily courting the Argentinean private oil company Bridas, which had secured the right to explore and exploit oil reserves in eastern Turkmenistan.
In August 1997, financially unstable Bridas sold 60% of its stock to Amoco, which merged the next year with British Petroleum. A key Amoco consultant happened to be that ubiquitous Eurasian player, former national security advisor Zbig Brzezinski, while another such luminary, Henry Kissinger, just happened to be a consultant for Unocal. BP-Amoco, already developing the Baku-Tblisi-Ceyhan (BTC) pipeline, now became the major player in what had already been dubbed the Trans-Afghan Pipeline or TAP. Inevitably, Unocal and BP-Amoco went to war and let the lawyers settle things in a Texas court, where, in October 1998 as the Clinton years drew to an end, BP-Amoco seemed to emerge with the upper hand.
Under newly elected president George W. Bush, however, Unocal snuck back into the game and, as early as January 2001, was cozying up to the Taliban yet again, this time supported by a star-studded governmental cast of characters, including Undersecretary of State Richard Armitage, himself a former Unocal lobbyist. The Taliban were duly invited back to Washington in March 2001 via Rahmatullah Hashimi, a top aide to "The Shadow," the movement's leader Mullah Omar.
Negotiations eventually broke down because of those pesky transit fees the Taliban demanded. Beware the Empire's fury. At a Group of Eight summit meeting in Genoa in July 2001, Western diplomats indicated that the Bush administration had decided to take the Taliban down before year's end. (Pakistani diplomats in Islamabad would later confirm this to me.) The attacks of September 11, 2001 just slightly accelerated the schedule. Nicknamed "the kebab seller" in Kabul, Hamid Karzai, a former CIA asset and Unocal representative, who had entertained visiting Taliban members at barbecues in Houston, was soon forced down Afghan throats as the country's new leader.
Among the first fruits of Donald Rumsfeld's bombing and invasion of Afghanistan in the fall of 2001 was the signing by Karzai, Pakistani President Musharraf and Turkmenistan's Nyazov of an agreement committing themselves to build TAP, and so was formally launched a Pipelineistan extension from Central to South Asia with brand USA stamped all over it.
Russian President Vladimir Putin did nothing -- until September 2006, that is, when he delivered his counterpunch with panache. That's when Russian energy behemoth Gazprom agreed to buy Nyazov's natural gas at the 40% mark-up the dictator demanded. In return, the Russians received priceless gifts (and the Bush administration a pricey kick in the face). Nyazov turned over control of Turkmenistan's entire gas surplus to the Russian company through 2009, indicated a preference for letting Russia explore the country's new gas fields, and stated that Turkmenistan was bowing out of any U.S.-backed Trans-Caspian pipeline project. (And while he was at it, Putin also cornered much of the gas exports of Kazakhstan and Uzbekistan as well.)
Thus, almost five years later, with occupied Afghanistan in increasingly deadly chaos, TAP seemed dead-on-arrival. The (invisible) star of what would later turn into Obama's "good" war was already a corpse.
But here's the beauty of Pipelineistan: like zombies, dead deals always seem to return and so the game goes on forever.
Just when Russia thought it had Turkmenistan locked in…
A Turkmen Bash
They don't call Turkmenistan a "gas republic" for nothing. I've crossed it from the Uzbek border to a Caspian Sea port named -- what else -- Turkmenbashi where you can purchase one kilo of fresh Beluga for $100 and a camel for $200. That's where the gigantic gas fields are, and it's obvious that most have not been fully explored. When, in October 2008, the British consultancy firm GCA confirmed that the Yolotan-Osman gas fields in southwest Turkmenistan were among the world's four largest, holding up to a staggering 14 trillion cubic meters of natural gas, Turkmenistan promptly grabbed second place in the global gas reserves sweepstakes, way ahead of Iran and only 20% below Russia. With that news, the earth shook seismically across Pipelineistan.
Just before he died in December 2006, the flamboyant Turkmenbashi boasted that his country held enough reserves to export 150 billion cubic meters of gas annually for the next 250 years. Given his notorious megalomania, nobody took him seriously. So in March 2008, our man Gurbanguly ordered a GCA audit to dispel any doubts. After all, in pure Asian Energy Security Grid mode, Turkmenistan had already signed contracts to supply Russia with about 50 billion cubic meters annually, China with 40 billion cubic meters, and Iran with 8 billion cubic meters.
And yet, none of this turns out to be quite as monumental or settled as it may look. In fact, Turkmenistan and Russia may be playing the energy equivalent of Russian roulette. After all, virtually all of Turkmenistani gas exports flow north through an old, crumbling Soviet system of pipelines, largely built in the 1960s. Add to this a Turkmeni knack for raising the stakes non-stop at a time when Gazprom has little choice but to put up with it: without Turkmen gas, it simply can't export all it needs to Europe, the source of 70% of Gazprom's profits.
Worse yet, according to a Gazprom source quoted in the Russian business daily Kommersant, the stark fact is that the company only thought it controlled all of Turkmenistan's gas exports; the newly discovered gas mega-fields turn out not to be part of the deal. As my Asia Times colleague, former ambassador M.K. Bhadrakumar put the matter, Gazprom's mistake "is proving to be a misconception of Himalayan proportions."
In fact, it's as if the New Great Gamesters had just discovered another Everest. This year, Obama's national security strategists lost no time unleashing a no-holds-barred diplomatic campaign to court Turkmenistan. The goal? To accelerate possible ways for all that new Turkmeni gas to flow through the right pipes, and create quite a different energy map and future. Apart from TAPI, another key objective is to make the prospective $5.8 billion Turkey-to-Austria Nabucco pipeline become viable and thus, of course, trump the Russians. In that way, a key long-term U.S. strategic objective would be fulfilled: Austria, Italy, and Greece, as well as the Balkan and various Central European countries, would be at least partially pulled from Gazprom's orbit. (Await my next "postcard" from Pipelineistan for more on this.)
IPI or TAPI?
Gurbanguly is proving an even more riotous player than the Turkmenbashi. A year ago he said he was going to hedge his bets, that he was willing to export the bulk of the eight trillion cubic meters of gas reserves he now claims for his country to virtually anyone. Washington was -- and remains -- ecstatic. At an international conference last month in Ashgabat ("the city of love"), the Las Vegas of Central Asia, Gurbanguly told a hall packed with Americans, Europeans, and Russians that "diversification of energy flows and inclusion of new countries into the geography of export routes can help the global economy gain stability."
Inevitably, behind closed doors, the TAPI maze came up and TAPI executives once again began discussing pricing and transit fees. Of course, hard as that may be to settle, it's the easy part of the deal. After all, there's that Everest of Afghan security to climb, and someone still has to confirm that Turkmenistan's gas reserves are really as fabulous as claimed.
Imperceptible jiggles in Pipelineistan's tectonic plates can shake half the world. Take, for example, an obscure March report in the Balochistan Times: a little noticed pipeline supplying gas to parts of Sindh province in Pakistan, including Karachi, was blown up. It got next to no media attention, but all across Eurasia and in Washington, those analyzing the comparative advantages of TAPI vs. IPI had to wonder just how risky it might be for India to buy future Iranian gas via increasingly volatile Balochistan.
And then in early April came another mysterious pipeline explosion, this one in Turkmenistan, compromising exports to Russia. The Turkmenis promptly blamed the Russians (and TAPI advocates cheered), but nothing in Afghanistan itself could have left them cheering very loudly. Right now, Dick Cheney's master plan to get those blue rivers of Turkmeni gas flowing southwards via a future TAPI as part of a U.S. grand strategy for a "Greater Central Asia" lies in tatters.
Still, Zbig Brzezinski might disagree, and as he commands Obama's attention, he may try to convince the new president that the world needs a $7.6-plus billion, 1,600-km steel serpent winding through a horribly dangerous war zone. That's certainly the gist of what Brzezinski said immediately after the 2008 Russia-Georgia war, stressing once again that "the construction of a pipeline from Central Asia via Afghanistan to the south... will maximally expand world society's access to the Central Asian energy market."
Washington or Beijing?
Still, give credit where it's due. For the time being, our man Gurbanguly may have snatched the leading role in the New Great Game in this part of Eurasia. He's already signed a groundbreaking gas agreement with RWE from Germany and sent the Russians scrambling.
If, one of these days, the Turkmenistani leader opts for TAPI as well, it will open Washington to an ultimate historical irony. After so much death and destruction, Washington would undoubtedly have to sit down once again with -- yes -- the Taliban! And we'd be back to July 2001 and those pesky pipeline transit fees.
As it stands at the moment, however, Russia still dominates Pipelineistan, ensuring Central Asian gas flows across Russia's network and not through the Trans-Caspian networks privileged by the U.S. and the European Union. This virtually guarantees Russia's crucial geopolitical status as the top gas supplier to Europe and a crucial supplier to Asia as well.
Meanwhile, in "transit corridor" Pakistan, where Predator drones soaring over Pashtun tribal villages monopolize the headlines, the shady New Great Game slouches in under-the-radar mode toward the immense, under-populated southern Pakistani province of Balochistan. The future of the epic IPI vs. TAPI battle may hinge on a single, magic word: Gwadar.
Essentially a fishing village, Gwadar is an Arabian Sea port in that province. The port was built by China. In Washington's dream scenario, Gwadar becomes the new Dubai of South Asia. This implies the success of TAPI. For its part, China badly needs Gwadar as a node for yet another long pipeline to be built to western China. And where would the gas flowing in that line come from? Iran, of course.
Whoever "wins," if Gwadar really becomes part of the Liquid War, Pakistan will finally become a key transit corridor for either Iranian gas from the monster South Pars field heading for China, or a great deal of the Caspian gas from Turkmenistan heading Europe-wards. To make the scenario even more locally mouth-watering, Pakistan would then be a pivotal place for both NATO and the SCO (in which it is already an official "observer").
Now that's as classic as the New Great Game in Eurasia can get. There's NATO vs. the SCO. With either IPI or TAPI, Turkmenistan wins. With either IPI or TAPI, Russia loses. With either IPI or TAPI, Pakistan wins. With TAPI, Iran loses. With IPI, Afghanistan loses. In the end, however, as in any game of high stakes Pipelineistan poker, it all comes down to the top two global players. Ladies and gentlemen, place your bets: will the winner be Washington or Beijing?
Copyright 2009 Pepe Escobar
When the oil gives out (new book excerpt)
by Theodore Roszak
http://www.energybulletin.net/node/48884
...every institution in our society will be transformed as its population drifts further and further from competitive individualism, military–industrial bravado, and the careerist rat race. It is as if the freeways of the world will one day soon begin to close down, starting with the fast lane and finally turning into pastures and meadows.
— from The Foreword to The Making of an Elder Culture
One way to evaluate the prospects of Eldertown might be to start from the viewpoint of one of the more apocalyptic environmental groups. The peak oil movement focuses tightly on the issue of energy, the Achilles heel of industrial society. Convinced that global oil production will soon peak — or perhaps already has — the peak oilers predict a horrendous cascade of disasters in our near future. Cars, lacking fuel, will vanish from our lives. Suburbs dependent on commuting will have to be abandoned. Big-box stores will be empty as both the goods and money for consumption disappear. Big homes, too expensive to heat or cool, will stand untenanted. At the extreme, this is of course an unlivable world. But short of that, if one looks at the lifestyle such radical changes demand, are we not dealing with choices that elders are far more apt to make than a younger population? Smaller homes or condos in more densely populated centers. Less driving or no driving at all in private cars. Lower consumption. To be sure, environmentalists, who have never given any attention to aging, are apt to feel none of this will happen soon enough, but surely it is of some importance that one is working with rather than against a powerful demographic trend.
In the near future, as a growing retirement population fans out across the land seeking a new phase of life, we can expect a plethora of schemes for small-town restoration, efforts to turn the backwater into communities of character, many of them healthcare based. However it comes about, the private automobile may one day become an industrial relic, part of a pattern of life that belonged to the world that came before the longevity revolution.
The challenge for city planning will be to transform what started out among seniors as culturally barren Sun City retirement communities (“glorified playpens for seniors,” as Maggie Kuhn called them) into the sort of vital, decentralized cosmopolitan nodes many boomers will prefer. That opportunity is at hand. Culture once available only in metropolitan centers now comes our way via road companies and traveling exhibitions. The rest can arrive by satellite, phone line, mail order, and broadband. Lewis Mumford, our premier historian of cities, recognized this possibility soon after World War II when he predicted the “etherialization” of cities. The result might be an “invisible city ... penetrated by invisible rays and emanations....If a remote village can see the same motion picture or listen to the same radio program as the most swollen center, no one need live in that center or visit it.”
Today Mumford would have included the enormous potential of broadband transmission via the World Wide Web among those “rays and emanations.” Here is a sector of our economy that is more than ready for the elder culture. Just as a restless, perpetually ambient, post-World-War-II generation aspired to a highly mobile, drive-in lifestyle, our digitalized, networked society today aspires to an online way of life. Stay put, find what you need on the Web. To an absurd degree, the computer makers and home-entertainment entrepreneurs seem out to keep us confined to our own homes. At its extreme, I find that vision stultifying, as if the face-to-face convivial experience we all need and seek in gathering places — town squares, public parks, shopping malls, cafes, sporting events, coffee houses — were not the very essence of city life. But there is no question that the Internet can be put to good use in the elder culture, especially for those who would give up on automobiles if they had a viable alternative. Once again, as in the way computers can be an aid to failing memory, the high-tech novelties we now associate with adolescents may have their greater future with the elders of the society.
As hellish as life was in the primitive factory towns (see Steven Johnson's fine study of early industrial London, The Ghost Map), cities at last have matured into the most ecologically enlightened habitat for a world that numbers billions of human beings. Urban density compacts population and saves the land, its resources, natural beauties, and human lives. Cities are where ideas are exchanged most rapidly and where medical progress is made. Subtract the cars and freeways, condense the suburbs back into urban centers — some large, some small — mix in a good measure of social justice, and we have the best design for living in a world where over 50 percent of the human race now chooses to reside in cities. Eldertown makes all this more possible.
As I phrase the matter here, my words may sound overoptimistic. But it will not be words or ideas that draw people to Eldertown. It will be the body, not the mind, that spells the end of the automotive era. The last word will belong to diminishing stamina, declining coordination, aching joints, dimming eyesight, and a general need to get closer to quality medical care. On the small scale, these facts of life are already making a difference. The Japanese, who are reconciled to life in a “gray economy,” have turned longevity into the basis for lucrative investment. Instead of groaning over the size of their senior population, they have become the world leader in geriatric robotics and electronics — homes that give the elderly remarkable independence with security. Even in the United States, new forms of domestic architecture — so-called “universal design” — are becoming the rule in home building, a commitment to convenient access and functionality for residents of all ages and physical conditions.
Elder-friendly domestic architecture is becoming commonplace: wider doorways, fewer stairs or none at all, ramps to connect different levels, drawers and cupboards that open at more accessible heights, step-down bathtubs and showers equipped with grab bars and non-skid surfaces. Boomers in their fifties now commonly demand such features in new homes so they can anticipate staying where they choose to live into their deep senior years. They are thinking about the walkers and wheelchairs in their future. When changes of this kind finally reach the level of city planning, we may see garages, parking lots, and city streets that were once filled with expensive SUVs numbering far more electrically powered go-carts, hybrid flex-cars, and jitneys. Perhaps at that point boomers, who were born to drive, will look back to the world of suburbs and freeways in bewilderment, asking “What was that all about?”
The industrial city, the source of so many of the worst environmental ills over the past two centuries, still has a promising future — but not as the entrepreneurial arena for competitive self-interest it has been for the past few centuries. Nor for the frivolous fun and games that appeal to the young and well off. As it becomes the place where a growing population of elders turn for care, security, and tranquility, it will become an expression of what is best in us, the substance of our deepest ethical and religious values. Utopian literature has never explored the possibilities of Eldertown. It will take time to get used to its unhurried pace, its serenity, and its frugality and to see that as the goal toward which industrial power has been moving. But will we get there soon enough to escape the environmental horrors that now seem to await us?
~~~~~~~~~~~~~~~ Editorial Notes ~~~~~~~~~~~~~~~~~~~
The Making of an Elder Culture will be published on September 1 by New Society Publishers. Additional information about the book may be found at http://www.secondjourney.org/Roszak.htm
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Original article available here
SHIPBREAKING BOOM
The Freighter Graveyards of South Asia
http://www.spiegel.de/international/business/0,1518,623250,00.html
By Joachim Hoelzgen
When times were good, shipping companies ordered huge numbers of new steel behemoths to ply the oceans. Now though, many of those same container lines are eager to get rid of their ships. The scrapping business in South Asia is booming.
The sandy beaches north of Chittagong in Bangladesh look like giant steel graveyards. Ships line the banks ready for dismantling. Others are so far disassembled that their hulls are all that is left protuding morosely from the water, according to shipping industry journal Lloyd's List. All kinds of vessels get broken down here: bulk carriers, container ships, vehicle transporters and oil tankers.
PHOTO GALLERY: CEMETERIES OF STEEL
Click on a picture to launch the image gallery (8 Photos)
[Some very interesting pics...]
The wrecks are remnants of a disappearing world. Once they sailed the oceans as flagships of globalization. Now they're symbols of an order that threatens to sink with them.
The global economic and trade crisis is so severe that a growing number of ships, some larger than the Titanic, are being pulled from their routes and sent to scrap yards to be sold for parts. Freight and charter rates have fallen and regularly scheduled passenger lines are being cancelled. Those container ships that are still sailing can barely cover their costs. Over-capacity created in recent boom times has accelerated the trend toward scrapping ships.
Yet one boom replaces another. With shipping down, shipbreaking is the business of the hour. The shift began late last year and initially targeted ships with a combined load-carrying capacity of 10 million tons. Now the heavy rigs are being lined up too as they sit idly anchored in harbors around the world. Much of the scrapping happens in South Asia and with little regulation in place.
Running Ashore
As the economy worsens the shipbreaking business improves. The best place to beach large ships is near Alang, in the southern part of the Indian state of Gujarat. Tides are high here, allowing the ships to run ashore under their own power. Once the tide is low and the hulls are out of the water, work begins of gutting and cutting up the ships.
It's a "non-stop boom," the Hindustan Times writes. Blowtorches hiss, steel windlasses screech, and sledgehammers pound along the 11 kilometer beach. Cranes remove the superstructures from the deck. A bulk freighter that until recently might have carried bauxite or grain disappears within 40 days.
A few years ago, when globalization was in full swing, few ships came near Alang. Many of the slots -- as the dismantling sites are now known -- were closed due to a lack of demand. Now millions of dollars are being earned from the scrap metal.
Nobody knows this better than Indian-born Anil Sharma, a cash-buyer who promotes the bizarre boom all the way from Maryland in the US. In the jargon of the industry, a cash-buyer acquires ships from the shipping companies who want to get rid of their burdensome vessels. He then sells them to the scrappers. The scrap metal lands in small mills in places such as Chittagong or Karatchi to be turned into steel for the construction industry. Some parts may reemerge as hinges for shipping containers whose own demand is falling in the global downturn.
More than 1,000 Ships Face Scrapping
Anil Sharma's company, Global Marketing Systems, has grown into the world's largest buyer of scrap ships. He manages about a third of all ships doomed for scrapping. And new candidates show up almost daily. "I believe there will be more than 1,000 additional ships that will be scrapped," Sharma predicted at a convention in London last February. "The next two years will bring the liveliest business there's been so far," the Onassis of scrap told Lloyd's List.
Sharma's travels of the world's scrapping centers have taken him to the coast west of Karachi in Pakistan, where ships loiter in gigantic, watery parking lots. In some places the ships are stacked three vessels high on top of one another, he says. It sounds improbable but it fits the image of Alang, where more than 125 ships have landed between last December and March -- almost as many as in 2007 and 2008 combined.
The shipping companies must dump their old freighters to tackle a dilemma. During the global economic boom they ordered new vessels non-stop, creating over capacity in much the same way as that troubling the car sector. In cases where orders can't be cancelled, new ships are coming off the conveyer belts just as demand declines. It makes the need for selling old ships as scrap all the more pressing.
Nearly 90 percent of the world's shipbreaking happens in India, Pakistan and Bangladesh. Workers drag at steel plates on long ropes; electric cables, pipes, boilers, hatchways, and generators litter the coast. As does asbestos and poisonous sealing compounds.
Those parts that can't be smelted into steel get hawked along the road to Alang on a new kind of bazaar, Reuters reports. On sale here are doors, tables and sofas, carpeting, dishes, refrigerators, air conditioners and even a captain's bathtub.
Ships have been landing at the Bay of Bengal and in the Arabian Sea for cheap recycling for the past three decades. Shipyards in Korea, Taiwan, Japan and Europe prefer to build or repair ships in their dry docks, leaving the un-glamorous scrapping to others.
"I Live in Fear of Accidents"
A worker at Pakistan's Gadani beach earns 280 rupees -- less than three euros -- a day. Still, the scrapping regions do benefit from the industry. A country with few natural resources such as Bangladesh can make good use of scrap metal, particularly since producing its own steel from iron ore would be costly and time-consuming.
NEWSLETTER
Sign up for Spiegel Online's daily newsletter and get the best of Der Spiegel's and Spiegel Online's international coverage in your In- Box everyday.
And ship scrapping in South Asia is about to become more strictly regulated thanks to new guidelines penned by the UN's International Maritime Organization in London. The deal foresees a register of dangerous substances contained in ships and demands that scrappers lay out a recycling plan. It also stipulates that ships be inspected by experts before their final voyage to scrapyards.
The new rules are expected to be approved during a meeting next Monday in Hong Kong. But even if approved, it will take years for the nations involved to ratify and implement the rules, experts warn. One exception could be Bangladesh, where a court recently ruled that shipbreaking must become more environmentally friendly.
Until such changes arrive, Chittagong scrap yard worker Omar Faruq will likely continue cutting up steel plates from the ships as he does every day. He ripped open his shin on a sharp edge of scrap last August and the wound required stitches, he told a reporter from the AFP. Others have been much more seriously injured at the shipbreaking yards -- or even killed. "I live in fear of accidents like that," Faruq said at the time. "But I'm even more afraid of not having any money if I can't get to work."
with wire reports
Has Oil and Gas Collapse Sealed Fate of Peak Oil?
http://www.321energy.com/editorials/simmons/simmons042909/simmons042909.html
Heavy Watergate, The War Against Cold Fusion - The Lost Archives - Phenomenon
http://video.google.com/videoplay?docid=-7020089199398847503&hl=en
CBS Censors Cold Fusion Video - Was Fourth Most Popular
Go for links and such:
http://www.wanttoknow.info/mass_media/media_censorship_cold_fusion
Dear friends,
The highly revealing 12-minute video clip from 60 Minutes on the fascinating resurgence of cold fusion I mentioned in a message yesterday has now been removed by CBS. I highly suspect media censorship at work here. A supporter emailed to tell me that the embedded video from an article I had posted on this at examiner.com was not working. Checking back on my original links to the video revealed that a weak clip of less than two-minutes had replaced the engaging, longer original.
After some careful research, I discovered that the 12-minute video had moved up to the fourth most popular on the entire CBS website. Following the link on the CBS video page in the "Most Viewed Videos" section at the bottom, I found that though there were 70 comments posted under the video, it no longer functioned. I suspect someone didn't want us to see that video. What other reason would there be to censor this powerful clip? For more on this, see the informative article I posted here.
Please take advantage of the power of the Internet to spread the word, so that we can break through this kind of censorship. I encourage everyone to send CBS a short message using this link to ask why the amazing 60 Minutes video was removed and tell them you want it back. And please let me know if you are successful. Together, we can make a difference. Thanks for caring.
With best wishes,
Fred Burks for PEERS and the WantToKnow.info Team
Former language interpreter for Presidents Bush and Clinton
Final Note: WantToKnow.info believes it is important to balance disturbing cover-up information with inspirational writings which call us to be all that we can be and to work together for positive change. Please visit our Inspiration Center at http://www.WantToKnow.info/inspirational for an abundance of uplifting material.
See our archive of revealing news articles at http://www.WantToKnow.info/indexnewsarticles
Your tax-deductible donations, however large or small, help greatly to support this important work.
To make a donation by credit card, check, or money order: http://www.WantToKnow.info/donationswtk
Explore these empowering websites coordinated by the nonprofit PEERS network:
http://www.momentoflove.org - Every person in the world has a heart
http://www.WantToKnow.info - Reliable, verifiable information on major cover-ups
http://www.inspiringcommunity.org - Building a Global Community for All
http://www.weboflove.org - Strengthening the Web of Love that interconnects us all
http://insightcourse.net - The Insight Course: Best of the Internet all in one free course
Educational websites promoting transformation through information and inspiration
To reply to this message, visit http://www.WantToKnow.info/contactus.php
To subscribe to or unsubscribe from the WantToKnow.info list (one email every few days):
http://www.WantToKnow.info/subscribe
The Peak Oil Crisis: Capping Carbon
http://www.fcnp.com/index.php?option=com_content&view=article&id=4376:the-peak-oil-crisis-capping-carbon&catid=17:national-commentary&Itemid=79
Written by Tom Whipple
Thursday, 23 April 2009 11:00
Seventeen years after the Kyoto Protocol was drafted, it appears that the U.S. is moving toward taking action to limit the nation's emissions of greenhouse gases.
Last week, with White House blessing, the U.S. Environmental Protection Agency issued a preliminary decision that carbon-dioxide emissions from burning fossil fuels constitutes a danger to the public. The ruling was in response to an April 2007 Supreme Court decision that said the government could restrict the emission of heat-trapping gases under the Clean Air Act if it found them a danger to health and welfare.
The importance of this decision cannot be overstated for, as all sides are well aware, it has the potential to lead to major changes in the amount and cost of fossil fuel energy consumed in the United States. This week, the Congress began hearings on what is certain to be a lengthy and brutal struggle between those who believe that global warming is at least partially caused by carbon emissions and those who don't. The battle lines are being drawn with climate scientists and their supporters talking of irreversible, earth-destroying "tipping points" and those opposed claiming the economy will be devastated with needless taxes and expenses.
Some are skeptical that, considering all the pressure industry lobbyists will bring to bear, meaningful legislation can be passed. There is already a movement underway to delay any new regulations until after the economy recovers. The problem, however, is that in the wake of the Supreme Court decision, the Obama administration now has the authority to regulate greenhouse gas emissions under the Clean Air Act without Congressional action. Given the choice between the legislative process and the Obama EPA, even the most ardent opponents of regulation would rather take their chances with the Congress where political pressures can be focused.
Another factor in the equation is the next UN climate conference that will take place in Copenhagen in December. If the world is to have any hope of convincing the Chinese that they must reduce emissions, the U.S. is going to have to show up with its own plan firmly in place.
The centerpiece of the 600-page bill the Democrats have introduced in Congress would restrict emissions by some 80 percent over the next 40 years using cap and trade for power plant and industrial emissions. Alternatives and objections to this approach are flying in all directions so it is far too early to tell what will come out of the legislative process - and when.
Our interest is just what the impact of these U.S. efforts to limit emissions will have on the peak oil crisis. The answer, of course, varies from major to minimal depending on the timing and provisions of any new regulations. For instance, any bill that does not take effect until after the current economic crisis is over, and robust economic growth resumes, would be meaningless. Similarly a bill that delays serious emission cuts for decades would be irrelevant.
There would seem to be two general approaches to cutting emissions. The simplest and cheapest would be to simply burn less fossil fuel. The American Council for an Energy-Efficient Economy says that electric power consumption could be reduced by 20-30 percent without any serious economic consequences. Further reductions are possible, with increasing costs and pain, but not necessarily civilization-ending. The reduction should be easy to implement through a combination of public education, and "excessive consumption" taxes. New taxes, however, would provoke a major political storm, given the state of the economy. That they would be avoidable by simply reducing consumption in accordance with national goals would unfortunately carry little weight. Lower consumption, however, might turn out to be the only feasible solution if the economic situation continues to worsen.
The other general approach would be an effort to remove and sequester the carbon and other harmful gases from the emissions of industrial facilities and increase the efficiency of fossil fuel burning equipment. The big disadvantage is that the technology for carbon sequestration and some other processes is still a ways off, and is likely to be very expensive to implement.
It appears as if the balance between global oil depletion and the faltering world economy will soon be joined by emission caps as yet another factor that will determine the availability, use and price of liquid and other fossil fuels in the years ahead. At present all we know for sure is that world oil production reached a peak last summer and has been dropping ever since as economic conditions cut the demand for liquid fuels. We know that investment in exploring for oil and developing new fields has dropped substantially making it likely prices will rebound higher should there be an economic recovery in the next few years.
Some foresee an economic rebound later this year, while others say that the global economy has been so badly damaged that an economic recovery will take a long, long time and is likely to be in a form that nobody expects or recognizes.
Just how emissions caps would fit into all this is impossible to say. If the global and more particularly the U.S. economies continue to contract, there simply may not be enough money to implement very expensive carbon sequestration programs or build cleaner cars in quantity. The demand for fossil fuels could even decline precipitously with the economic situation. A future Congress could decide that rationing fossil fuel consumption is the only feasible way to reduce carbon emissions without incurring unacceptable costs.
The climate scientists tell us the world needs to make substantial reductions in greenhouse gas emissions as soon as possible. Nevertheless, there is going to be heavy resistance from those who feel that restricting emissions will put them at an economic disadvantage - no matter how temporary. The pendulum is swinging, however; polling shows that some 75 percent of Americans now consider it to be a serious problem,
Over the next six months, the hearings, debates and votes in the Congress will tell us how far we have come.
Prometheus Institute: Renewables Likely to Represent 90% of New Capacity by 2012
http://seekingalpha.com/article/130117-prometheus-institute-renewables-likely-to-represent-90-of-new-capacity-by-2012?source=yahoo
by: Greentech Media April 08, 2009 | about stocks: FAN / KWT / PBW / PWND / TAN
By Michael Kanellos
The U.S. still derives the vast majority of its electricity from coal, natural gas and nuclear reactors, but the growth is all in renewables.
Approximately 90 percent of the new electrical capacity that will be brought on line in the U.S. in 2012 will come from renewables like solar, wind, geothermal, biomass and hydroelectric power, according to a new study from the Prometheus Institute.
The vast majority of the 18.6 gigawatts of renewable capacity that will come on line that year will consist of wind power. Wind capacity will grow by 15.9 gigawatts in 2012 while solar will trail with 2.1 gigawatts. Still, even solar should do better than fossil fuels in 2012, according to Travis Bradford, president of Prometheus. Fossil fuel capacity should grow by just over a gigawatt. (Disclosure: The Prometheus Institute and Greentech Media collaborate on several research projects but did not work on this one together.)
Although the growth rates may sound outlandish, they come as a result of pre-existing circumstances and trends. States, such as California, are mandating that utilities increase the power they harvest from renewable resources and a national renewable standard seems likely. By contrast, banks have pulled away from funding coal plants out of fears that carbon trading or taxing may come soon and increase the cost of power. Ironically, in the U.K., researchers are building wind turbine facilities on old coal mines.
Then there is simple construction time. Solar utility fields take time to permit and build, but not as long as nuclear or fossil plants.
The study, though, assumes wind will grow at 17.5 percent and biomass will grow by 10 percent annually. [How long will that take to double if the rate is sustained...and the rate is growing for a while yet...]
Nonetheless, renewables have been growing rapidly. In 2000, renewables accounted for a whopping 1 percent, or 279 megawatts of new generation capacity. In 2005, it jumped to 2.7 gigawatts or 17 percent. Fossil fuel plants, meanwhile, dived in 2003 from 44 gigawatts of new capacity to 15.9 a year later.
The flip occurred last year. 9,015 megawatts worth of renewable capacity was added last year while only 8,407 megawatts worth of fossil fuel capacity was added. An additional 720 megawatts of "other" power, i.e., nuclear and fuel cells, was added to bring the total of new capacity to 18.1 gigawatts.
Overall, though, renewables account for only a small fraction of the U.S. energy diet. Renewables accounted for only 7 percent of all of the energy consumed in America in 2007, including petroleum, which clocked in a number one with 40 percent of the pie, according to the Energy Information Administration. [See below.]
That 7 percent almost entirely consisted of hydroelectric power and biomass. Solar and wind together represented only 6 percent of the seven percent.
Renewable Energy Consumption and Electricity Preliminary 2007 Statistics
http://www.eia.doe.gov/cneaf/alternate/page/renew_energy_consump/rea_prereport.html
The 'Peak Oil' Put on -
http://educate-yourself.org/cn/peakoilindex.shtml
Liquid War: Postcard From Pipelineistan
http://www.truthout.org/032509C
Tuesday 24 March 2009
by: Pepe Escobar | Visit article original @ TomDispatch.com
photo
A Pakistani woman walks along a muddy street. (Photo: AP)
What happens on the immense battlefield for the control of Eurasia will provide the ultimate plot line in the tumultuous rush towards a new, polycentric world order, also known as the New Great Game.
Our good ol' friend the nonsensical "Global War on Terror," which the Pentagon has slyly rebranded "the Long War," sports a far more important, if half-hidden, twin -- a global energy war. I like to think of it as the Liquid War, because its bloodstream is the pipelines that crisscross the potential imperial battlefields of the planet. Put another way, if its crucial embattled frontier these days is the Caspian Basin, the whole of Eurasia is its chessboard. Think of it, geographically, as Pipelineistan.
All geopolitical junkies need a fix. Since the second half of the 1990s, I've been hooked on pipelines. I've crossed the Caspian in an Azeri cargo ship just to follow the $4 billion Baku-Tblisi-Ceyhan pipeline, better known in this chess game by its acronym, BTC, through the Caucasus. (Oh, by the way, the map of Pipelineistan is chicken-scratched with acronyms, so get used to them!)
I've also trekked various of the overlapping modern Silk Roads, or perhaps Silk Pipelines, of possible future energy flows from Shanghai to Istanbul, annotating my own DIY routes for LNG (liquefied natural gas). I used to avidly follow the adventures of that once-but-not-future Sun-King of Central Asia, the now deceased Turkmenbashi or "leader of the Turkmen," Saparmurat Niyazov, head of the immensely gas-rich Republic of Turkmenistan, as if he were a Conradian hero.
In Almaty, the former capital of Kazakhstan (before it was moved to Astana, in the middle of the middle of nowhere) the locals were puzzled when I expressed an overwhelming urge to drive to that country's oil boomtown Aktau. ("Why? There's nothing there.") Entering the Space Odyssey-style map room at the Russian energy giant Gazprom's headquarters in Moscow -- which digitally details every single pipeline in Eurasia -- or the National Iranian Oil Company (NIOC)'s corporate HQ in Tehran, with its neat rows of female experts in full chador, was my equivalent of entering Aladdin's cave. And never reading the words "Afghanistan" and "oil" in the same sentence is still a source of endless amusement for me.
Last year, oil cost a king's ransom. This year, it's relatively cheap. But don't be fooled. Price isn't the point here. Like it or not, energy is still what everyone who's anyone wants to get their hands on. So consider this dispatch just the first installment in a long, long tale of some of the moves that have been, or will be, made in the maddeningly complex New Great Game, which goes on unceasingly, no matter what else muscles into the headlines this week.
Forget the mainstream media's obsession with al-Qaeda, Osama "dead or alive" bin Laden, the Taliban -- neo, light or classic -- or that "war on terror," whatever name it goes by. These are diversions compared to the high-stakes, hardcore geopolitical game that follows what flows along the pipelines of the planet.
Who said Pipelineistan couldn't be fun?
Calling Dr. Zbig
In his 1997 magnum opus The Grand Chessboard, Zbigniew Brzezinski -- realpolitik practitioner extraordinaire and former national security advisor to Jimmy Carter, the president who launched the U.S. on its modern energy wars -- laid out in some detail just how to hang on to American "global primacy." Later, his master plan would be duly copied by that lethal bunch of Dr. No's congregated at Bill Kristol's Project for a New American Century (PNAC, in case you'd forgotten the acronym since its website and its followers went down).
For Dr. Zbig, who, like me, gets his fix from Eurasia -- from, that is, thinking big -- it all boils down to fostering the emergence of just the right set of "strategically compatible partners" for Washington in places where energy flows are strongest. This, as he so politely put it back then, should be done to shape "a more cooperative trans-Eurasian security system."
By now, Dr. Zbig -- among whose fans is evidently President Barack Obama -- must have noticed that the Eurasian train which was to deliver the energy goods has been slightly derailed. The Asian part of Eurasia, it seems, begs to differ.
Global financial crisis or not, oil and natural gas are the long-term keys to an inexorable transfer of economic power from the West to Asia. Those who control Pipelineistan -- and despite all the dreaming and planning that's gone on there, it's unlikely to be Washington -- will have the upper hand in whatever's to come, and there's not a terrorist in the world, or even a long war, that can change that.
Energy expert Michael Klare has been instrumental in identifying the key vectors in the wild, ongoing global scramble for power over Pipelineistan. These range from the increasing scarcity (and difficulty of reaching) primary energy supplies to "the painfully slow development of energy alternatives." Though you may not have noticed, the first skirmishes in Pipelineistan's Liquid War are already on, and even in the worst of economic times, the risk mounts constantly, given the relentless competition between the West and Asia, be it in the Middle East, in the Caspian theater, or in African oil-rich states like Angola, Nigeria and Sudan.
In these early skirmishes of the twenty-first century, China reacted swiftly indeed. Even before the attacks of 9/11, its leaders were formulating a response to what they saw as the reptilian encroachment of the West on the oil and gas lands of Central Asia, especially in the Caspian Sea region. To be specific, in June 2001, its leaders joined with Russia's to form the Shanghai Cooperation Organization. It's known as the SCO and that's an acronym you should memorize. It's going to be around for a while.
Back then, the SCO's junior members were, tellingly enough, the Stans, the energy-rich former SSRs of the Soviet Union -- Kyrgyzstan, Uzbekistan, Kazakhstan, and Tajikistan -- which the Clinton administration and then the new Bush administration, run by those former energy men, had been eyeing covetously. The organization was to be a multi-layered economic and military regional cooperation society that, as both the Chinese and the Russians saw it, would function as a kind of security blanket around the upper rim of Afghanistan.
Iran is, of course, a crucial energy node of West Asia and that country's leaders, too, would prove no slouches when it came to the New Great Game. It needs at least $200 billion in foreign investment to truly modernize its fabulous oil and gas reserves -- and thus sell much more to the West than U.S.-imposed sanctions now allow. No wonder Iran soon became a target in Washington. No wonder an air assault on that country remains the ultimate wet dream of assorted Likudniks as well as Dick ("Angler") Cheney and his neocon chamberlains and comrades-in-arms. As seen by the elite from Tehran and Delhi to Beijing and Moscow, such a U.S. attack, now likely off the radar screen until at least 2012, would be a war not only against Russia and China, but against the whole project of Asian integration that the SCO is coming to represent.
Global BRIC-a-brac
Meanwhile, as the Obama administration tries to sort out its Iranian, Afghan, and Central Asian policies, Beijing continues to dream of a secure, fast-flowing, energy version of the old Silk Road, extending from the Caspian Basin (the energy-rich Stans plus Iran and Russia) to Xinjiang Province, its Far West.
The SCO has expanded its aims and scope since 2001. Today, Iran, India, and Pakistan enjoy "observer status" in an organization that increasingly aims to control and protect not just regional energy supplies, but Pipelineistan in every direction. This is, of course, the role the Washington ruling elite would like NATO to play across Eurasia. Given that Russia and China expect the SCO to play a similar role across Asia, clashes of various sorts are inevitable.
Ask any relevant expert at the Chinese Academy of Social Sciences in Beijing and he will tell you that the SCO should be understood as a historically unique alliance of five non-Western civilizations -- Russian, Chinese, Muslim, Hindu, and Buddhist -- and, because of that, capable of evolving into the basis for a collective security system in Eurasia. That's a thought sure to discomfort classic inside-the-Beltway global strategists like Dr. Zbig and President George H. W. Bush's national security advisor Brent Scowcroft.
According to the view from Beijing, the rising world order of the twenty-first century will be significantly determined by a quadrangle of BRIC countries -- for those of you by now collecting Great Game acronyms, that stands for Brazil, Russia, India, and China -- plus the future Islamic triangle of Iran, Saudi Arabia, and Turkey. Add in a unified South America, no longer in thrall to Washington, and you have a global SCO-plus. On the drawing boards, at least, it's a high octane dream.
The key to any of this is a continuing Sino-Russian entente cordiale.
Already in 1999, watching NATO and the United States aggressively expand into the distant Balkans, Beijing identified this new game for what it was: a developing energy war. And at stake were the oil and natural gas reserves of what Americans would soon be calling the "arc of instability," a vast span of lands extending from North Africa to the Chinese border. No less important would be the routes pipelines would take in bringing the energy buried in those lands to the West. Where they would be built, the countries they would cross, would determine much in the world to come. And this was where the empire of U.S. military bases (think, for instance, Camp Bondsteel in Kosovo) met Pipelineistan (represented, way back in 1999, by the AMBO pipeline).
AMBO, short for Albanian Macedonian Bulgarian Oil Corporation, an entity registered in the U.S., is building a $1.1 billion pipeline, aka "the Trans-Balkan," slated to be finished by 2011. It will bring Caspian oil to the West without taking it through either Russia or Iran. As a pipeline, AMBO fit well into a geopolitical strategy of creating a U.S.-controlled energy-security grid that was first developed by President Bill Clinton's Energy Secretary Bill Richardson and later by Vice President Dick Cheney.
Behind the idea of that "grid" lay a go-for-broke militarization of an energy corridor that would stretch from the Caspian Sea in Central Asia through a series of now independent former SSRs of the Soviet Union to Turkey, and from there into the Balkans (thence on to Europe). It was meant to sabotage the larger energy plans of both Russia and Iran. AMBO itself would bring oil from the Caspian basin to a terminal in the former SSR of Georgia in the Caucasus, and then transport it by tanker through the Black Sea to the Bulgarian port of Burgas, where another pipeline would connect to Macedonia and then to the Albanian port of Vlora.
As for Camp Bondsteel, it was the "enduring" military base that Washington gained from the wars for the remains of Yugoslavia. It would be the largest overseas base the U.S. had built since the Vietnam War. Halliburton's subsidiary Kellogg Brown & Root (KBR) would, with the Army Corps of Engineers, put it up on 400 hectares of farmland near the Macedonian border in southern Kosovo. Think of it as a user-friendly, five-star version of Guantanamo with perks for those stationed there that included Thai massage and loads of junk food. Bondsteel is the Balkan equivalent of a giant immobile aircraft carrier, capable of exercising surveillance not only over the Balkans but also over Turkey and the Black Sea region (considered in the neocon-speak of the Bush years "the new interface" between the "Euro-Atlantic community" and the "Greater Middle East").
How could Russia, China, and Iran not interpret the war in Kosovo, then the invasion of Afghanistan (where Washington had previously tried to pair with the Taliban and encourage the building of another of those avoid-Iran, avoid-Russia pipelines), followed by the invasion of Iraq (that country of vast oil reserves), and finally the recent clash in Georgia (that crucial energy transportation junction) as straightforward wars for Pipelineistan? Though seldom imagined this way in our mainstream media, the Russian and Chinese leaderships saw a stark "continuity" of policy stretching from Bill Clinton's humanitarian imperialism to Bush's Global War on Terror. Blowback, as then Russian President Vladimir Putin himself warned publicly, was inevitable -- but that's another magic-carpet story, another cave to enter another time.
Rainy Night in Georgia
If you want to understand Washington's version of Pipelineistan, you have to start with Mafia-ridden Georgia. Though its army was crushed in its recent war with Russia, Georgia remains crucial to Washington's energy policy in what, by now, has become a genuine arc of instability -- in part because of a continuing obsession with cutting Iran out of the energy flow.
It was around the Baku-Tblisi-Ceyhan (BTC) pipeline, as I pointed out in my book Globalistan in 2007, that American policy congealed. Zbig Brzezinski himself flew into Baku in 1995 as an "energy consultant," less than four years after Azerbaijan became independent, and sold the idea to the Azerbaijani elite. The BTC was to run from the Sangachal Terminal, half-an-hour south of Baku, across neighboring Georgia to the Marine Terminal in the Turkish port of Ceyhan on the Mediterranean. Now operational, that 1,767-kilometer-long, 44-meter-wide steel serpent straddles no less than six war zones, ongoing or potential: Nagorno-Karabakh (an Armenian enclave in Azerbaijan), Chechnya and Dagestan (both embattled regions of Russia), South Ossetia and Abkhazia (on which the 2008 Russia-Georgia war pivoted), and Turkish Kurdistan.
From a purely economic point of view, the BTC made no sense. A "BTK" pipeline, running from Baku through Tehran to Iran's Kharg Island, could have been built for, relatively speaking, next to nothing -- and it would have had the added advantage of bypassing both mafia-corroded Georgia and wobbly Kurdish-populated Eastern Anatolia. That would have been the really cheap way to bring Caspian oil and gas to Europe.
The New Great Game ensured that that was not to be, and much followed from that decision. Even though Moscow never planned to occupy Georgia long-term in its 2008 war, or take over the BTC pipeline that now runs through its territory, Alfa Bank oil and gas analyst Konstantin Batunin pointed out the obvious: by briefly cutting off the BTC oil flow, Russian troops made it all too clear to global investors that Georgia wasn't a reliable energy transit country. In other words, the Russians made a mockery of Zbig's world.
For its part, Azerbaijan was, until recently, the real success story in the U.S. version of Pipelineistan. Advised by Zbig, Bill Clinton literally "stole" Baku from Russia's "near abroad" by promoting the BTC and the wealth that would flow from it. Now, however, with the message of the Russia-Georgia War sinking in, Baku is again allowing itself to be seduced by Russia. To top it off, Azerbaijan President Ilham Aliyev can't stand Georgia's brash President Mikhail Saakashvili. That's hardly surprising. After all, Saakashvili's rash military moves caused Azerbaijan to lose at least $500 million when the BTC was shut down during the war.
Russia's energy seduction blitzkrieg is focused like a laser on Central Asia as well. (We'll talk about it more in the next Pipelineistan installment.) It revolves around offering to buy Kazakh, Uzbek, and Turkmen gas at European prices instead of previous, much lower Russian prices. The Russians, in fact, have offered the same deal to the Azeris: so now, Baku is negotiating a deal involving more capacity for the Baku-Novorossiysk pipeline, which makes its way to the Russian borders of the Black Sea, while considering pumping less oil for the BTC.
President Obama needs to understand the dire implications of this. Less Azeri oil on the BTC -- its full capacity is 1 million barrels a day, mostly shipped to Europe -- means the pipeline may go broke, which is exactly what Russia wants.
In Central Asia, some of the biggest stakes revolve around the monster Kashagan oil field in "snow leopard" Kazakhstan, the absolute jewel in the Caspian crown with reserves of as many as 9 billion barrels. As usual in Pipelineistan, it all comes down to which routes will deliver Kashagan's oil to the world after production starts in 2013. This spells, of course, Liquid War. Wily Kazakh President Nursultan Nazarbayev would like to use the Russian-controlled Caspian Pipeline Consortium (CPC) to pump Kashagan crude to the Black Sea.
In this case, the Kazakhs hold all the cards. How oil will flow from Kashagan will decide whether the BTC -- once hyped by Washington as the ultimate Western escape route from dependence on Persian Gulf oil -- lives or dies.
Welcome, then, to Pipelineistan! Whether we like it or not, in good times and bad, it's a reasonable bet that we're all going to be Pipeline tourists. So, go with the flow. Learn the crucial acronyms, keep an eye out for what happens to all those U.S. bases across the oil heartlands of the planet, watch where the pipelines are being built, and do your best to keep tabs on the next set of monster Chinese energy deals and fabulous coups by Russia's Gazprom.
And, while you're at it, consider this just the first postcard sent off from our tour of Pipelineistan. We'll be back (to slightly adapt a quote from the Terminator). Think of this as a door opening onto a future in which what flows where and to whom may turn out to be the most important question on the planet.
---------
Pepe Escobar is the roving correspondent for Asia Times and an analyst for the Real News. This article draws from his new book, Obama does Globalistan. He may be reached at pepeasia@yahoo.com.
OPEC will have nothing to do in the world with no combustion engines
Front page / Business / Companies
16.03.2009 Source: Pravda.Ru
http://english.pravda.ru/business/companies/16-03-2009/107241-opec-0
More reasons have emerged recently to disappoint those who hope for growth of oil prices in the nearest future. The Organization of the Petroleum Exporting Countries did not reduce the oil output quotas. Experts say that the cost of a barrel of oil will continue to decline, which may shatter all plans to replenish the Russian budget and increase its enormous deficit instead.
The oil exporting countries agreed to give the issue another consideration in 2.5 months at the next session which is slated to take place on May 28.
Saudi Arabian Oil Minister Ali al-Naimi said that any of OPEC’s reduction of the oil output would result in the growing prices on black gold and would not breathe a new life in the world economy. "You have to understand that the world economy is not as healthy as it should be, we should expect demand worldwide to be down,” the minister said.
The countries that voted to preserve the oil output quotas on their current level did so over their apprehension to exacerbate the crisis that struck the whole world, including world’s largest oil consumers – the USA, the EU and China.
A recent report from OPEC said that the reduction of quotas would not be helpful against the background of the decreasing consumption. “It may eventually result in surging prices and will seriously affect small businesses in developed countries, where small business is the fundamental business of their economic development,” Dmitry Alexandrov, an analyst with Financial Bridge Investment Company told Bigness.ru.
OPEC members may not execute their own decisions fully. There is quite a number of conflicts within the organization, which become even more serious against the background of surging or plunging oil prices.
“There are two wings of this organization. One of them – Iran, Algeria, Qatar and Venezuela – is the radical wing. These countries always support the active reduction of quotas. The other wing is the moderate one, which always understands and backs the position of developed countries, the position of consumers, and reluctantly agrees upon the reduction of output. This is Saudi Arabia first and foremost – this country plays the first fiddle as the OPEC’s leader,” Dmitry Alexandrov said.
Officials of the Islamic Republic of Iran backed the suggestion to keep the quotas on their current level.
Nearly all developed countries of the world invest in the development of such national projects as the production of electric vehicles and the infrastructure of their servicing (electric gas stations so to speak). The previous president of the United States initiated a large-scale program to build nuclear power plants, which was scrapped after the Chernobyl disaster.
That is why it could be good for oil exporters to keep the oil prices low to exclude any talks about alternative energy sources. The explored oil reserves of Saudi Arabia will be enough for decades. OPEC will have nothing to do in the world with no combustion engines.
Russia risks to suffer from a larger budget deficit under such conditions. The present budget calculations are based on the price of $42 per barrel, which will result in the budget deficit of one-third of all state expenditures.
Being one of the largest world exporters of oil, Russia has certain levels to exert its influence on the situation.
Investors will be waiting for Russia to say whether it supports the OPEC’s decision or not, experts say. Russia’s Vice Prime Minister Igor Sechin said that Russia refused to hand several new large crude deposits to oil companies not to increase the oil output. He specified that the deposits were located in the north-west of the country – the region is close to European consumers.
Russia’s reduction of oil output is not a new phenomenon on the oil market. The current reduction is directly connected with the cutting of investment programs by oil companies. Top managers of Russian oil companies previously complained of excessive taxation, which prevented the normal implementation of investment programs.
Sergei Malinin
Discuss this article with others on Pravda.ru forum
CLUE: Russia to deploy new warheads after START-1 treaty ends
Wednesday, March 18, 2009
http://www.thenews.com.pk/daily_detail.asp?id=167878
MOSCOW: Russia will deploy a new multiple-warhead, nuclear-capable missile after a key US-Russian arms control treaty expires in December, a top general said on Tuesday, quoted by news agencies. “After December 5, that is after the expiration of the START-1 treaty, a regiment with one command centre and one rocket division armed with RS-24 complexes with detachable warheads will be placed on a state of combat readiness,” General Nikolai Solovtsov was quoted as saying.
At least four warheads would be placed on the RS-24 missiles to be deployed, said Solovtsov, the commander of Russia’s strategic missile forces. Solovtsov had announced last year that RS-24 missiles would be deployed in December 2009 at a base northeast of Moscow.
In his comments on Tuesday however, he linked the date of the RS-24 deployment to the December 5 expiration of START-1, a landmark 1991 treaty that limited the number of warheads and missiles in the US and Russian arsenals.
With the treaty set to expire, Moscow has been urging Washington to replace it with a new and broader agreement that would also address Russian concerns about missile defence.
Russia in recent years has stepped up testing of its RS-24 intercontinental ballistic missiles, which it says are designed to counter defence systems like the planned US missile shield. US plans to place missile defence facilities in Eastern Europe have angered Russia, which views them as a threat to its security.
Brazil Oil Finds May End Reliance on Middle East, Zeihan Says
http://www.bloomberg.com/apps/news?sid=aBUoYKhu7PWk&pid=20601086
By Joe Carroll
April 24 (Bloomberg) -- Brazil's discoveries of what may be two of the world's three biggest oil finds in the past 30 years could help end the Western Hemisphere's reliance on Middle East crude, Strategic Forecasting Inc. said.
Saudi Arabia's influence as the biggest oil exporter would wane if the fields are as big as advertised, and China and India would become dominant buyers of Persian Gulf oil, said Peter Zeihan, vice president of analysis at Strategic Forecasting in Austin, Texas. Zeihan's firm, which consults for companies and governments around the world, was described in a 2001 Barron's article as ``the shadow CIA.''
Brazil may be pumping ``several million'' barrels of crude daily by 2020, vaulting the nation into the ranks of the world's seven biggest producers, Zeihan said in a telephone interview. The U.S. Navy's presence in the Persian Gulf and adjacent waters would be reduced, leaving the region exposed to more conflict, he said.
``We could see that world becoming a very violent one,'' said Zeihan, former chief of Middle East and East Asia analysis for Strategic Forecasting. ``If the United States isn't getting any crude from the Gulf, what benefit does it have in policing the Gulf anymore? All of the geopolitical flux that wracks that region regularly suddenly isn't our problem.''
Tupi and Carioca
Brazil's state-controlled Petroleo Brasileiro SA in November said the offshore Tupi field may hold 8 billion barrels of recoverable crude. Among discoveries in the past 30 years, only the 15-billion-barrel Kashagan field in Kazakhstan is larger.
Haroldo Lima, director of the country's oil agency, last week said another subsea field, Carioca, may have 33 billion barrels of oil. That would be the third biggest field in history, behind only the Ghawar field in Saudi Arabia and Burgan in Kuwait.
Analysts Mark Flannery of Credit Suisse Group and Gustavo Gattass of UBS AG challenge the estimate for Carioca. Lima, the Brazilian oil agency director, later attributed the figure to a magazine.
Flannery told clients during an April 16 conference call that 600 million barrels is a ``reasonable'' estimate and suggested Lima may have been referring to the entire geologic formation to which Carioca belongs.
Supply Boost
Carioca is one of seven fields identified so far in the BM- S-9 exploration area, part of a formation called Sugar Loaf.
If additional drilling by Petrobras, as Petroleo Brasileiro is known, confirms the Tupi and Carioca estimates, the fields together would contain enough oil to supply every refinery on the U.S. Gulf Coast for 15 years. Petrobras said it needs at least three months to determine how much crude Carioca may hold.
Zeihan said that beyond supply gains from Brazil, it will take a tripling of Canadian oil-sands output and greater fuel efficiency to end Western reliance on Middle East oil.
The U.S. imports about 10 million barrels of oil a day, or 66 percent of its needs, according to the Energy Department in Washington. Saudi Arabia was the second-largest supplier in January, behind Canada.
Persian Gulf nations accounted for 23 percent of U.S. imports, compared with Brazil's 1.7 percent share. Brazilian crude output rose 1.9 percent last year to 2.14 million barrels, according to the International Energy Agency.
``Hemispheric energy independence sounds a little pie-in- the-sky given that this hemisphere already is generating one- third of overall global demand,'' said Jason Gammel, an oil analyst at Macquarie Bank Ltd. in New York. ``It's pretty tough to talk about self-sufficiency unless we were to see food-based biofuels taking an even bigger role in the next five to 10 years than is already mandated.''
Offshore Fields
Zeihan predicts a 2012 start to production at Tupi. Technology needed to tap fields like Tupi, which sit hundreds of miles offshore beneath thousands of feet of rock, sand and salt, hasn't been developed, he said.
Petrobras, Chevron Corp., Royal Dutch Shell Plc and Norsk Hydro ASA plan to start pumping oil from eight Brazilian fields in the next 2 1/2 years that will produce a combined 1.02 million barrels a day, enough to supply two-thirds of the crude used by U.S. East Coast refineries.
More discoveries will follow in Brazil's offshore basins, most of which have yet to be opened to exploration, Zeihan said. Repsol YPF SA, Exxon Mobil Corp. and Devon Energy Corp. are among the producers scouring Brazil's waters for reserves.
``The finds they've got so far are just the tip of the iceberg,'' Zeihan said. ``Brazil is going to change the balance of the global oil markets, and Petrobras will become a geopolitical supermajor.''
To contact the reporter on this story: Joe Carroll in Chicago at jcarroll8@bloomberg.net.
Last Updated: April 23, 2008 23:01 EDT
Satellites show the way to new oil finds
http://www.educationgis.com/2009/02/satellites-show-way-to-new-oil-finds.html
Posted by GIS talk On Friday, February 27, 2009
A new map of the Earth’s gravitational force based on satellite measurements makes it much less resource intensive to find new oil deposits. The map will be particularly useful as the ice melts in the oil-rich Arctic regions. Ole Baltazar, senior scientist at the National Space Institute, Technical University of Denmark (DTU Space), headed the development of the map.
The US company Fugro, one of the world’s leading oil exploration companies, is one of the companies that have already made use of the gravitational map. The company has now initiated a research partnership with DTU Space.
Ole Baltazar’s map shows variations in gravitational force across the surface of the Earth and knowledge about these small variations is a valuable tool in oil exploration. Subterranean oil deposits are encapsulated in relatively light materials such as limestone and clay and because these materials are light, they have less gravitational force than the surrounding materials.
Ole Baltazar’s map is based on satellite measurements and has a hitherto unseen level of detail and accuracy. With this map in your hands, it is, therefore, easier to find new deposits of oil underground.
The gravitational map from DTU Space is unique on account of its resolution of only 2 km and the fact that it covers both land and sea regions. Oil companies use the map in the first phases of oil exploration. Previously, interesting areas were typically selected using protracted, expensive measurements from planes or ships. The interesting areas appear clearly on the map and the companies can, therefore, plan their exploration much more efficiently.
The success of the gravitational map is due in large part to the fact that it is not based on direct gravitation measurements but on observations of the height of the sea, which reflects the gravitation.
Provided by Technical University of Denmark
Exxon Brazil Find May Hold 8 Billion Barrels of Oil (Update3)
http://www.bloomberg.com/apps/news?pid=20601087&sid=ayLSMCD585X8&refer=home
By Joe Carroll
March 13 (Bloomberg) -- Exxon Mobil Corp.’s oil discovery off the coast of Brazil may hold enough crude to rival the nearby Tupi prospect as the Western Hemisphere’s largest find in three decades.
Exxon Mobil’s Azulao-1 well tapped a reservoir that could contain 8 billion barrels of recoverable oil, said Luiz Lemos, a partner at TozziniFreire Advogados, a Brazilian law firm that represents foreign energy companies with projects in the South American nation.
The size of the discovery will intensify interest in Brazil’s offshore region among U.S., European and Chinese producers amid a dwindling supply of untapped oil basins outside the Persian Gulf and Russia, said Lemos, a former general counsel for a unit of Brazil’s state oil company, Petroleo Brasileiro SA.
“This is very huge,” Lemos said yesterday in a telephone interview from Rio de Janeiro. His firm’s clients include Irving, Texas-based Exxon Mobil, Norway’s StatoilHydro ASA and Devon Energy Corp. of Oklahoma City.
Exxon Mobil, which pumps more crude than every member of OPEC except Saudi Arabia and Iran, in January announced the discovery of petroleum in the Azulao-1 well in an offshore region designated BM-S-22. The company operates the project on behalf of partners Petroleo Brasileiro, known as Petrobras, and Hess Corp.
Petrobras triggered a flood of interest in Brazil’s offshore crude deposits with the November 2007 announcement that Tupi may hold the equivalent of 8 billion barrels of recoverable oil. That would make it the largest find in the Americas since Mexico’s Cantarell field was discovered in 1976.
Drilling Guarani
A floating drilling rig began boring a second well, called Guarani, into the reservoir in BM-S-22 earlier this week, said Patrick McGinn, a Houston-based spokesman for Exxon Mobil.
“We have no idea how big it is,” McGinn said yesterday in a telephone interview. “We’re nowhere near that yet. It’s premature to speculate until all of the appraisal work has been done.”
Jon Pepper, a spokesman for New York-based Hess, referred inquiries to the field’s operator, Exxon Mobil. Rio de Janeiro- based Petroleo Brasileiro’s investor relations department didn’t respond to an e-mailed message seeking comment. Exxon and Hess each own 40 percent stakes in the field and Petrobras owns the other 20 percent.
Exxon Mobil Chief Executive Officer Rex Tillerson last week said oil from Brazilian fields in the area around Tupi probably won’t begin flowing onto world markets for years because of technical challenges and harsh operating conditions.
‘Huge Potential Resource’
In a March 5 presentation to investors and analysts in New York, Tillerson described his company’s discovery as “a huge potential resource.” He declined to go into more detail, saying too little is known about the geology and characteristics of the formation to make estimates.
Tapping Brazil’s new discoveries will be more challenging than extracting crude from giant onshore fields such as Saudi Arabia’s Ghawar, the world’s biggest, Tillerson told analysts last week.
At current energy prices, 8 billion barrels of oil is worth about $380 billion, which exceeds the economic output of Taiwan, South Africa and Ireland.
The Brazilian prospects cover an area the size of the U.S. state of Florida about 170 miles (274 kilometers) offshore under more than 16,000 feet of water, rock and salt, Lemos said. The region will require $500 billion in investments over the next few decades for pipelines, production platforms, gas-processing plants and other infrastructure, he said.
Tillerson, entering his fourth year as the head of the world’s largest oil company, expects to boost production by 2 percent this year to the equivalent of 4 million barrels of crude a day.
Searching for Oil
Exxon Mobil is spending $79 million a day this year to search for oil fields, construct platforms and renovate refineries. The company had $45.2 billion in profit last year, the highest in U.S. corporate history.
Tillerson, a 56-year-old University of Texas-trained engineer, is expanding the search for untapped reserves after production tumbled last year to the lowest since Exxon Corp.’s 1999 purchase of Mobil Corp.
Exxon Mobil rose 5 cents to $67.20 in New York Stock Exchange composite trading. The stock has dropped 16 percent this year.
Hess, the best performer in the 13-company Amex Oil Index this year, fell 37 cents to $58.65. Petrobras rose 0.5 percent to 27.70 reais in Sao Paulo.
To contact the reporter on this story: Joe Carroll in Chicago at jcarroll8@bloomberg.net.
Last Updated: March 13, 2009 16:25 EDT
The Smart Home, Part I
Lots of hypertext:
http://www.greentechmedia.com/articles/the-smart-home-part-i-5857.html
Smart grid proponents like to talk about the "Home Area Network" – a communications network for thermostats, appliances and electronics that can display the energy they're using. But getting there will take a lot of time and money.
by: Jeff St. John
Bullet Arrow March 10, 2009
Back in 2006, researchers at Pacific Northwest National Laboratory set up 200 Washington state homeowners with appliances and displays that tracked and transmitted their energy use – a test run of the potential for the much-vaunted "smart grid" to reach into people's homes.
The idea behind the GridWise project was to enable utilities and homeowners to become informed partners in saving energy. And it worked. Consumers trimmed their power costs by around 10 percent on average.
Fast-forward three years, and you'll find that one half of the promised smart grid is on its way to becoming a reality. Utilities are now tracking power use from their control stations to the smart meters – built by well-established companies like Itron, Landis+Gyr, Sensus, Elster and General Electric – that have been installed at about millions of homes and businesses across the country (see The Year in Smart Grid).
But the so-called "Home Area Network" that will bridge the gap from those smart meters into the home itself remains for the most part the realm of pilot projects.
"We're just at the point where we're laying the network down," said John Quealy, managing director of equity research at Canaccord Adams. "Once you see these meters in, you're going to see another wave in the next year or two in network device-related applications."
Nonetheless, the ecosystem is rapidly evolving. The following is a guide to finding your way around the home.
What Will Get Wired?
To control a household appliance, you've got to first connect it to the network. Although some new appliances come with networking capabilities, most don't, so for the next several years, one of the big tasks will revolve around attaching networking nodules and intelligence to the appliances in your home.
The first target for these efforts invariably is the heating and air conditioning system. HVAC consumes 16 percent of all of the energy in the U.S., according to the U.S. Department of Energy. Thus, expect to see smart thermostats get installed in conjunction with smart meters.
It will then cascade to other appliances. Dryers, for example, use about 5,000 watts of power on average. Several utilities speak about setting up protocols to dryers to prevent them from running, or at least from generating heat, before 6 p.m. Lighting (if dimmable) pool heaters, pool pumps, washers and other appliances will be controlled as well. Even spare freezers, notorious power suckers, can be cycled off and on without risk of thawing, according to Adrian Tuck, CEO of Tendril, which makes home power monitoring and display equipment.
As for how you'll control it, options include Web portals, stand-alone displays or controls embedded in devices like thermostats. On the cutting edge might be controls for cell phones and other mobile devices – Tendril launched such an application recently, and other makers of energy monitoring for the home are planning similar offerings.
What's the Cost?
A smart meter now costs about $100 and the utility picks up the tab. Smart thermostats might cost $150 and up, and a nodule for an individual appliance will cost $10 or less. While utilities will install the meters and even some thermostats, expect them to do less as time goes on and expect consumers to plug in stuff.
Utility Control or Individual Control?
Nearly every company says that individuals want control over their appliances and that they are ready to give it to them. But it's a qualified control. Utilities will provide default settings based around pricing. "Do you want the utility to take corrective action if power prices exceed 15 cents a kilowatt hour?" "Do you want to be on the SuperSaver plan?" Questions like these will be put on an interface and users will then select their plan; then the utility with ratchet down lights and HVAC when appropriate. Consumers will be able to opt out, of course, after getting the warnings about how this could blow their cost savings. Think of it like a restaurant. You pick your food but someone else controls how it's cooked.
Or maybe not. Some companies are looking to the possibility of jumping ahead of utility smart meter rollouts to bring homeowners home energy monitoring gear that could then be linked up to utilities via existing broadband connections (see A Broadband Smart Grid?). But observers note that these kinds of solutions will appeal to a limited class of early adopters willing to shell out hundreds of dollars to get a better grip on their energy usage.
What Standards?
It's still in flux. ZigBee is the most popular with nearly all the pilot projects now underway in North America, said Simon Harrison, a consultant with U.K.-based Engage Consulting Limited, which tracks smart meter deployments around the world. (In Europe, M-Bus is taking the lead, he said.)
But WiFi could be another contender, since it already has a presence in so many homes. Its disadvantage is its larger power requirements, though GainSpan says it has developed a low-power WiFi module that could fix that problem (see An Old Favorite, WiFi, Preps to Disrupt Smart Meter Market).
Z-Wave, another potential in-home communication standard, hasn't picked up much traction so far (see Sigma Snaps Up Perennial Smart Grid Hopeful Zensys.)
Powerline networking, through the in-development HomePlug standard, is running a distant, but respectable second, since it may be needed for about 10 percent to 20 percent of situations where wireless presents problems, Harrison said. Those could include apartments where meters are more widely scattered and separated by walls and other physical barriers, he said. Powerline can transfer more data, but it also costs more. (Smart meter and building control networking company Echelon Corp. has its own technology for powerline communications).
All these standards, by the way, are for radio or powerline control inside the home to the meter. The meter will communicate to substations and utilities over a variety of protocols: RF mesh, cellular, broadband over powerline, fiber, etc.
Notable Hardware Companies
A lot of companies claim they aren't interested in hardware, but their products are really embodied in hardware anyway. The worry among hardware makers is that they could be subject to commodity competition and pricing.
The Boulder, Colo.-based Tendril Networks makes energy displays, wall outlets and thermostats that talk to one another using the ZigBee communication standard. The startup has deals with about 29 utilities and expects to announce a commercial rollout in 2009 that will involve about 5,000 to 10,000 new homes a month, along with about ten more field trials. Still, it recently had layoffs, and has announced it will license its software to third-party equipment developers.
EnergyHub makes software and touch screen control panels to track and display home energy usage. The New York-based startup says it plans to start selling directly to consumers as well as to utilities sometime in the middle of 2009.
The Petaluma, Calif.-based, privately funded Threshold is also making a suite of wireless home control systems, including some energy-monitoring and savings devices. The devices use OneNet, an open-source wireless standard, to communicate with each other, though they can also "talk" with WiFi, ZigBee, Z-Wave and a host of other communications. Expect to see products for sale over the Internet by year's end.
Energate makes smart thermostats that serve as home area network hubs, communicating via ZigBee or other standards with a variety of smart home devices. Its thermostats are in use in pilot projects with Hydro One and Louisville Gas and Electric, and it is partnering with smart meter communications networking company Tantalus.
Cooper Industries Ltd. bought Cannon Technologies Inc., which makes smart thermostats, a few years ago and now has deals with PG&E, Baltimore Gas and Electric and other utilities to supply power demand management and energy efficiency services.
Aztech Associates makes wireless in-home display devices and time-of-use clocks that tell homeowners how much power they're using and when it's most expensive. Its products are in use in pilot projects including Louisville Gas and Electric and Canada's Hydro-Quebec.
Radio Thermostat Corporation of America is making a thermostat that can communicate via WiFi (see Get Ready for the WiFi Thermostat). The company also makes in-home displays and wall socket devices that can be controlled for demand response.
Control4 builds home control systems that show power usage and allows lighting control via a television interface – a recent add-on to the company's home entertainment and security monitoring systems. It has a deal to supply control systems for GE Home Technologies systems, and it's also looking to partner with smart grid software developer Gridpoint to use homeowners existing broadband connections to link them to utilities in advance of smart meter rollouts.
Onzo, a United Kingdom-based maker of energy dashboards and devices, has a £7 million order for its products with utility Scottish and Southern Energy, which holds the rights to distribute them in the U.K. and Ireland. That's perhaps not surprising, considering that Onzo received a £1 million investment from the Scottish utility, along with £1 million from the utility's Sigma Capital Group, in exchange for a 49-percent stake in the company.
Comverge Inc. (NSDQ: COMV) fits into the home area network in a slightly different way. As a provider of demand response services, it allows utilities to cut power use in homes at peak demand times using one-way pager networks, and has installed in-home energy displays, smart thermostats and digital controls in projects with more than 500 utility customers. In a nod to the emerging dominance of smart meters and broadband connections as pathways to the home, Comverge has also launched software aimed at giving utilities a platform to monitor and control systems based on both modes of communication.
Join industry leaders to discuss the future of green building at Greentech Media's Green Building Summit in Menlo Park, Calif., June 11.
SO interesting!
If you care about the energy future, watch this video. Look what Germany and
Spain are doing and what we could be doing in this country. Fantastic!
The great oil output race
http://www.thenational.ae/article/20090221/BUSINESS/756548730/1005
* Last Updated: February 21. 2009 8:19PM UAE / February 21. 2009 4:19PM GMT
In the past decade Russia was briefly the world’s largest oil producer, but production has slipped in recent years because of the decline of older fields and low levels of private investment. Science Photo Library
From the deep waters of Brazil to complex and expensive projects in Canada, oil companies are in a desperate – some say losing – race to raise output from new projects faster than old ones decline.
“Peak oil”, a peak in world production, could still be decades away, according to the most optimistic forecasts, but a peak in non-OPEC production is already upon us, many experts say.
About two-thirds of the world’s oil comes from countries that are not part of OPEC and official energy forecasts indicate that an increase in production in this area will prove crucial to meeting growing demand in the developing world. Yet many experts say the combination of the economic crisis and natural depletion of reserves means there is little possibility that the total amount of crude produced outside of OPEC will grow at all in coming years, if ever.
Without more production in non-OPEC countries, dependable suppliers such as Saudi Arabia and the UAE will have to build up multibillion-dollar capacity expansions faster than planned, or risk a new “super spike” in oil prices after the global economy recovers.
Analysts have long warned of a looming peak in non-OPEC production that could occur as soon as next year, but in a recent report, analysts at Merrill Lynch say the peak may already have happened.
Merrill argues that production of crude in non-OPEC countries will not increase and, fuelled by the current slowdown in investment, could even decline by as much as two million barrels per day (bpd) by 2015.
The investment firm’s views have widespread support among oil experts.
“Non-OPEC crude production is probably about as high as it’s going to get,” says Michael Rodgers, an upstream expert and partner at PFC Energy, the Washington-based consulting firm. “We’ve been in a bullish oil price market since 2000. When companies were going 110 per cent on everything, we still weren’t able to increase our non-OPEC supply.”
Over the past decade, international companies have tapped some of the most difficult and costly sources of oil in the world. In the Gulf of Mexico and offshore Brazil, firms have drilled the deepest holes on record. The next frontier will be the waters of the Arctic, experts say.
In its long-term energy forecast, released last year, OPEC expects conventional crude production outside of its member states to increase by 3.4 million bpd by 2015, from 2006 levels.
In western Canada, most of the major international firms each have at least one project to transform bituminous oil sands into crude at significant cost to the environment. An additional slice of demand for liquids is being met by biofuels made from agricultural products.
Such “non-conventional” crude sources will play a key role in ensuring the supply and demand balance in the oil market, OPEC says, as will an output increase by 3.4 million bpd in non-OPEC countries by 2015. More product will also come from natural gas liquids, high-quality hydrocarbons extracted from gas deposits.
Pessimistic experts should not discount the ingenuity of the oil industry, says Nansen Saleri, who leads a reservoir consulting firm in Houston, Texas, and was formerly the head of reservoir management for Saudi Aramco.
“You cannot only look at the negatives and say that in the coming decades only those factors will come into play.”
As the economy recovers, it will push up oil demand, which will be met by new investments and technology on the part of producers.
“The fundamentals in the long run are that projects will pick up and oil will continue to play a principal role. The non-OPEC [operators] would start responding to increasing prices and would start reinvesting,” Mr Saleri says, adding advances in enhanced oil recovery techniques allow engineers to get more oil out of reservoirs. Even a small increase in the yield of the average reservoir, say from 40 per cent up to 45 per cent, could have a significant impact on world oil supplies.
Nonetheless, few doubt that oil producers outside of OPEC face their toughest period in decades. The resources are in the ground, but many wonder whether they can be extracted faster than production from existing fields declines.
In a landmark study released in November, the International Energy Agency (IEA), a Paris-based group of major energy consuming countries, concludes that production from existing oilfields worldwide is declining by 4.1 per cent per year. In non-OPEC fields, the figure is 4.7 per cent.
Every two years, the oil industry must introduce new production equivalent to Saudi Arabia’s capacity in order to make up for reservoir depletion and satisfy growing energy demand, the IEA says. More of the world’s oil is coming from smaller fields, which decline faster than larger reservoirs.
The problem is compounded by the economic crisis that has dried up investment in oil projects and threatens to create a supply crunch next year, when demand should pick up, warns the executive director of the IEA, Nobuo Tanaka.
“We are already seeing that decline rates are increasing, but if we don’t invest now it will start to increase even more,” he has told Reuters. “The resources underground are there if we are prepared to invest.”
Merrill Lynch says the credit crunch has hit the industry harder than expected and decline rates are expected to accelerate as investment drops. Allocations for capital expenditures are dropping at the big international firms and enhanced oil recovery and deepwater drilling will be hit hard.
“Broadly, oil production decline rates are a function of the size and age of the fields and investment rates,” Merrill writes. “In our base-case scenario we see non-OPEC oil production pretty much stuck in the current 49 million bpd to 50 million bpd range until 2015... Should production decline rates accelerate to 6 per cent, however, non-OPEC production could decline precipitously towards 47 million bpd.”
Prepare Yourself for Higher Gas Prices
Comes with vid:
http://finance.yahoo.com/tech-ticker/article/192391/Prepare-Yourself-for-Higher-Gas-Prices?tickers=VLO,SUN,HES,OIH,XLE
Posted Feb 24, 2009 11:48am EST by Aaron Task in Investing, Commodities
Related: VLO, SUN, HES, OIH, XLE
With the economy tumbling, joblessness rising, and the stock market at 11-year lows, about the only positive thing for Americans' pocketbooks lately has been (relatively) lower gas prices. But this too shall pass, according to James Cordier, president of Liberty Trading Group in Tampa.
Corider, whose firm specializes in selling options on commodities, notes that while oil supplies are at a 16-year high, gasoline inventories are at a 5-year low. So when demand rises with the summer driving season - which he says it will even as many Americans opt for "staycations" - expect prices at the pump to rise 20-30 cents per gallon.
If you're looking for a villain in this scenario, the refiners fit the bill; they have kept capacity idle in anticipation of the coming demand and hope to profit from the widening crack spread - or the difference in price between crude oil and refined products.
Because of tight spreads, refiners fared poorly when oil prices were surging in 2007 and early 2008, Cordier notes; now, they are primed to make hay while the opportunity presents itself.
But rather than rant about "evil" refiners, Cordier is focused on the investing implications of this potential move in gas:
* Go long refining stocks like Valero and Sunoco. (Cordier has no position in either.)
* Sell call options on crude, which is a bearish bet on oil, and sell put options on gasoline, which is a bullish bet. That is how Cordier is positioned and he says individuals with a futures trading account can do the same; profit from a potential rise in gas prices by selling options - not buying them. (You can learn more at OptionSellers.com)
Earlier, we discussed how oil may be primed for a quick climb, but don't fantasize about 2008 highs.
Why Does Abiotic Oil Theory Ignite Peak Oil Theorists' Fulminations??
http://www.huffingtonpost.com/raymond-j-learsy/why-does-abiotic-oil-theo_b_118845.html
Read More: A.A.P.G., Abiotic Oil, London School Of Economics, M.I.T., Oil, Peak Oil, Peak Oil Theory, Russian-Ukrainian Theory Of Abiotic Petroleum, V.A. Krayushkin, Business News
Abiotic Oil, calling into question the overarching theory that the origins of fossil fuel are of biological/organic origin was touched upon in my previous post, "Oil's Big Dirty Secret as Producers Rake in Hundreds of Billions," 08.12.08.
The comments to the post were wide ranging and the Peak Oil missionaries were apoplectic that one dared question their gospel intoning the sanctity of the biological origin of fossil fuels and its rapidly diminishing availability. Clearly the words "Abiotic Oil" stir up heated passions and clear concern among those in the oil patch who would be impacted were the theory to take hold. My post highlighted the issue without offering an opinion on Abiotic Oil Theory's viability. It did however attempt to outline the reasons why the oil industry would happily not have the concept of "Abiotic Oil" taken with any grain of seriousness.
A comment on my post was posted by one Rolo Tomassi simply stating:
Here's a site for those interested in the abiogenic side of the discussion: gasresources.net/
I would like to share excerpts from this link with you and would encourage you
to read the full text. They raise some startling questions and give frightening
credence to the points raised in my previous post. Here the entire issue
of Abiotic Oil Theory and the willful obstruction to objective scientific
examination by the Peak Oil minions and the oil industry to whom they
are beholden is laid bare. In stunning clarity the text further indicts in large
measure those in the American and British community of petroleum
geologists and their institutions for being willful parties to stonewalling
professional dialogue on this issue.
Now reading these excerpts is a bit of a slog, but if you have any interest in
this subject you will find it extraordinarily informative and well worth your
time. I quote as follows:
The essence of the modern Russian-Ukrainian theory of deep, abiotic petroleum origins
The modern Russian-Ukrainian theory of deep, abiotic petroleum origins is an extensive body of scientific knowledge which covers the subjects of the chemical genesis of the hydrocarbon molecules which comprise natural petroleum, the physical processes which occasion their terrestrial concentration, the dynamical processes of the movement of that material into geological reservoirs of petroleum, and the location and economic production of petroleum. The modern Russian-Ukrainian theory of deep, abiotic petroleum origins recognizes that petroleum is a primordial material of deep origin which has been erupted into the crust of the Earth. In short, and bluntly, petroleum is not a "fossil fuel" and has no intrinsic connection with dead dinosaurs (or any other biological detritus) "in the sediments" (or anywhere else)...
The modern Russian-Ukrainian theory of petroleum is based upon rigorous scientific reasoning, consistent with the laws of physics and chemistry, as well as upon extensive geological observation, and rests squarely in the mainstream of modern physics and chemistry, from which it draws its provenance. Much of the modern Russian theory of deep, abiotic petroleum genesis developed from the sciences of chemistry and thermodynamics, and accordingly the modern theory has steadfastly held as a central tenet that the generation of hydrocarbons must conform to the general laws of chemical thermodynamics, - as must likewise all matter. In such respect, modern Russian-Ukrainian petroleum science contrasts strongly to what are too often passed off as "theories" in the field of geology in Britain and the U.S.A.
In the pages containing articles connected with petroleum economics, there are several papers by Professor Michael C. Lynch of the Massachusetts Institute of Technology which address directly the myth of "oil exhaustion." There is also a link to an article by Professor Peter Odell of the London School of Economics concerning the common misperceptions connected with petroleum economics.
One should understand that these papers cannot give justice to the immense literature of modern Russian petroleum science. During the half century between 1951-2001, there have been thousands of articles published in the mainstream Russian scientific journals on the modern Russian-Ukrainian theory of deep, abiotic petroleum origins, and many books and monographs. For example, V. A. Krayushkin has published more than two hundred fifty articles on modern petroleum geology, and several books.
In light of the extensive literature of modern Russian petroleum science, questions inevitably arise among persons reading of it for the first time: Why has there been nothing published on this body of knowledge in the English-language (or American) journals which purportedly deal with matters involving petroleum ? Why have there never been Russian or Ukrainian petroleum scientists invited to address a meeting of, e.g., the American Association of Petroleum Geologists (A.A.P.G.) ? Why has there not been appointed to the faculty of a single department of Earth sciences, at any university in the U.S.A., a petroleum scientist competent to teach modern petroleum science ? In short, why have persons in the U.S.A. never heard of this body of knowledge ?
Such lack of reporting has not happened by accident. As the reader may surmise, this dysfunctional behavior has been a rather typical manifestation of the purveyors of quackery, desperately striving to preserve their self-image, conceits, and jobs. In short, there has been at work the Wizard of Oz chicanery, - before the little dog Toto snatched away the curtain. No reader should entertain an illusion that the publishing of these articles, in first-rank scientific journals such as Physical-Chemistry/Chemical-Physics, or the Proceedings of the National Academy of Sciences, has been welcomed by the British/American petroleum geo-phrenology brotherhood.
The history of this behavior deserves itself the attention of competent social anthropologists and persons specializing in political science, and could be the subject of a host of illuminating essays..."
Who is right, who is wrong? I am not qualified to comment. But clearly something is afoot in the attempt to quash any and all discussion of the "Abiotic Oil Theory." One needs ask why the oil industry and segments of the scientific community are so reluctant even to confront the theory. Perhaps the stakes are higher than we can imagine!
Followers
|
9
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
347
|
Created
|
10/18/08
|
Type
|
Premium
|
Moderator ThatHawaiiGuy | |||
Assistants |
Remember the little boy in the 1970's?
They ran an ad campaign "Please America, don't be fuelish."
We were supposed to be "out" by now.
Peak Oil is slick packaging along the lines of global warming...used for political purposes, and control.
Find out more.
Oil down to 50 frns will bankrupt any wildcatters in the USA...enjoy it while it lasts which could be several years...they will smoke screen new discoveries with the story that the period of high oil prices spurred exploration which led to the price decline.
Some Info comes from SI board respect to dvdw©:
http://siliconinvestor.advfn.com/readmsg.aspx?msgid=24820452
Would you like to me an assistant? PM me.
50, here we come...hit 50...hit 35...hit 50...up for the summer...sheep never learn.
USE THE INFO ON THIS BOARD TO MAKE MONEY.
CONFESSIONS OF AN "EX" PEAK OIL BELIEVER
by F. William Engdahl
September 25, 2007
Only slightly different from
http://investorshub.advfn.com/boards/read_msg.asp?message_id=23262399
http://financialsense.com/editorials/engdahl/2007/0925.html
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |