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Thursday, July 28, 2011

Tuesday, July 26, 2011

Oil Terminolgy

RealClearEnergy | TransCanada Pipeline Analysis Draws Praise, Ire

RealClearEnergy TransCanada Pipeline Analysis Draws Praise, Ire: "TransCanada Pipeline Analysis Draws Praise, Ire
Alexandra Arkin, UPI

APThe U.S. State Department hasn't responded to a request by seven Democratic U.S. senators that the agency reassess its initial review of a pipeline proposed by TransCanada.
The pipeline would carry oil from Canada to Texas. The legislators said they were concerned about the environmental damage from possible spills and the route of the pipeline."

Monday, July 25, 2011

Canadian Tar Sands: Net Pay Isopach

Canadian tar sands cover a huge area, it's time for a pipeline!

GoM activity ?congested? by regulatory oversight, finds IHS study - Offshore

GoM activity ?congested? by regulatory oversight, finds IHS study - Offshore: "GoM activity ?congested? by regulatory oversight, finds IHS study"
Really?????

The study looks at the plan and permit levels in the six months following the lifting of the deepwater activity moratorium in October 2010. The analysis finds the following:

• 250% increase in the backlog of deepwater plans pending governmental approval

• 86% drop in the pace of regulatory approvals for plans

• 60% drop in all GoM drilling permits

• 38% increase in the time required to reach each regulatory approval required.