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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

chart
Oil versus gas price ratio seems to be off thecharts, 6X the normal of 6. How does this chart resolve to something near normal?

Natural Gas Price, How Low can it go?

chart

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.

Tuesday, February 7, 2012

Worlds Oldest Living Thing!

Scientists say a patch of ancient seagrass in the Mediterranean is up to 200,000 years and could be the oldest known living thing on Earth. Australian researchers, who genetically sampled the seagrass covering  40 sites from Spain to Cyprus, say it is one of the world's most resilient organisms - but it has now begun to decline due to global warming.
Scientists say a patch of ancient seagrass in the Mediterranean is up to 200,000 years old 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