This educational website provides insight into the world of Oil and Gas Exploration and Production
Search This Blog
Sunday, February 26, 2012
How do you like me now? Keystone XL Pipeline
Energy Policy once again loses out to politics. Feel free to place your sticky note on a gas pump near you!
Thursday, February 23, 2012
Crude Oil Gas Price Ratio
Oil versus gas price ratio seems to be off thecharts, 6X the normal of 6. How does this chart resolve to something near normal?
Sunday, February 19, 2012
Retail Gasoline Deliveries
Retail Gasoline Deliveries, 1983 – Nov. 2011 Source: Energy Information Administration
Gasoline prices are headed higher, yet deliveries have fallen off a cliff. Is this a predictor of future economic activity? The current decline looks steeper than the 2009 decline during the heart of the recession.
Are gasoline deliveries related to employment data? Both curves began their steep decline in 2008.
The chart below is "unadjusted" employed.
Saturday, February 18, 2012
RealClearScience - 'Little Evidence' Fracking Sullies Water
RealClearScience - 'Little Evidence' Fracking Sullies Water: 'Little Evidence' Fracking Sullies Water
The immediate concern about shale gas development and hydraulic fracturing is that fracturing several thousand feet below the surface would put chemicals into the groundwater that people drank and that would be very bad for health," said Charles Groat, associate director of the Energy Institute at the University of Texas in Austin, who led the inquiry. "A major part of our study was to see if there was any verifiable evidence that hydraulic fracturing itself was producing contaminated waters that ended up in groundwater," he told the American Association for the Advancement of Science in Vancouver.
Scroll down or search to see the components of frac fluids.
The immediate concern about shale gas development and hydraulic fracturing is that fracturing several thousand feet below the surface would put chemicals into the groundwater that people drank and that would be very bad for health," said Charles Groat, associate director of the Energy Institute at the University of Texas in Austin, who led the inquiry. "A major part of our study was to see if there was any verifiable evidence that hydraulic fracturing itself was producing contaminated waters that ended up in groundwater," he told the American Association for the Advancement of Science in Vancouver.
Scroll down or search to see the components of frac fluids.
Tuesday, February 7, 2012
Worlds Oldest Living Thing!
Photo: Getty Images
Australian scientists sequenced the DNA of samples of the giant seagrass, Posidonia oceanic, from 40 underwater meadows in an area spanning more than 2,000 miles, from Spain to Cyprus.
'Oldest living thing on earth' discovered
Thursday, February 2, 2012
Subscribe to:
Posts (Atom)