Feb 9, 2009
Jeff Vail production decline rates will accelerate
Feb 8, 2009
In spring the snow will melt and oil will be on fire again...
Haase ... as profits died throughout the oil industry, key investments to infustructure, maintenance and exploration have all but disappeared. This is not just bad for market price stabilization it is horrible the environment when preventative measures are removed do to economic downturns.
First things to go in hard times are safety, quality, maintenance and environmental protection that are considered 'preventative'... so get ready for a hard reality return of high oil prices by summer. Unless we have fixed our dependence on foreign oil by then ;-)
So, will we see $200 a barrel in 2009? Ah No... the value of global currency has dropped 30-50% on all commodities so we will see $100.
Indicators from theoildrum.com
Oil Prices: Get Ready for the Rebound
Enjoy low oil prices while you can: guru
US rig count lowest since July 2005
Venezuela behind on payments to oil contractors
High cancer rates confirmed near oil sands
Any correlation?...
Suncor oil sands production up
Suncor hopes to produce of 300,000 bpd each month this year, compared with an average 228,000 bpd last year, according to company reports.
Feb 7, 2009
Update and link to full industry report...
...specifically, the impacts estimated in this report are based upon windfall profits legislation S.2971 proposed in the 110th Congress. Such a tax would also indirectly impact natural gas producers to the extent that crude oil producers also produce natural gas. The analysis assesses how the tax would affect production and imports of petroleum and natural gas as well as key performance metrics of the United States' economy.
The report finds that the proposed increases in the tax burden on the U.S. oil and gas industry would likely result in a significant shift in investment away from the U.S. in oil and gas exploration and production activities and in oil refining. This shift could impact expected patterns of global oil and gas supply; would likely result in long-term job losses for the domestic oil and gas industry; and would likely adversely impact the broader economy.
The distortional impacts on investment and trade would be clearly seen through increases in U.S. imports of crude oil, refined products and natural gas, coupled with declines in U.S. domestic production of these energy sources.
The U.S. energy deficit could be magnified over the next 20 years as a result of the diversion of investment caused by increased taxes on the domestic oil and gas sector. Although this study has specifically assessed the impact of a proposed Windfall Profits Tax, similar forms of increased taxation on the industry would be expected to have directionally similar negative consequences.
Report Linked here
Woohoo 'Cash for Clunkers' pulled from stimulus
WIN! - The $16 billion to encourage buyers to purchase new autos... was pulled from stimulus.
FACT most sustainable power is unsustainable... ouch
HARD NOSE FACT - Renewable energy needs to become a lot more renewable
This reality emerged at the Financial Times Energy Conference in London this week.
Although scientists are agreed that we must cut carbon emissions from transport and electricity generation to prevent the globe's climate becoming hotter, and more unpredictable, the most advanced "renewable" technologies are too often based upon non-renewable resources, attendees heard.
Read more here via newscientist.com (Original link from the theoildrum)
New biomass charcoal heater: A 'new era' of efficiency and sustainability
WASHINGTON, Feb. 5, 2009 Millions of homes in rural areas of Far Eastern countries are heated by charcoal burned on small, hibachi-style portable grills. Scientists in Japan are now reporting development of an improved "biomass charcoal combustion heater" that they say could open a new era in sustainable and ultra-high efficiency home heating.
Their study was published in ACS' Industrial & Engineering Chemistry Research, a bi-weekly journal.
In the study, Amit Suri, Masayuki Horio and colleagues note that about 67 percent of Japan is covered with forests, with that biomass the nation's most abundant renewable energy source. Wider use of biomass could tap that sustainable source of fuel and by their calculations cut annual carbon dioxide emissions by 4.46 million tons.
Using waste biomass charcoal, their heater recorded a thermal efficiency of 60-81 percent, compared to an efficiency of 46-54 percent of current biomass stoves in Turkey and the U.S.
"The charcoal combustion heater developed in the present work, with its fast startup, high efficiency, and possible automated control, would open a new era of massive but small-scale biomass utilization for a sustainable society," the authors say.
*The research in this press release is from a copyrighted publication, and stories must credit the journal by name or the American Chemical Society. News media may obtain a full text of this report ("Development of Biomass Charcoal Combustion Heater for Household Utilization") in ACS' Industrial & Engineering Chemistry Research by downloading the full text article at http://pubs.acs.org/doi/pdf/10.1021/ie8006243.
Link source the oildrum HT
FACT - We can have affordable and wonderful healthcare for everyone
- Create 2,613,495 million new permanent good-paying jobs (slightly exceeding the number of jobs lost in 2008)--jobs that are not easily shipped overseas
- Boost the economy with $317 billion in increased business and public revenues
- Add $100 billion in employee compensation
- Infuse public budgets with $44 billion in new tax revenues
The U.S. already spends far more on healthcare than any other nation; yet with all our power and treasure, we are the lone wealthy industrialized nation that does not ensure healthcare for all of our citizens. Fifty million Americans are currently uninsured, and twenty two thousand of those Americans die every year because they do not have access to healthcare.
Meanwhile, CEOs of healthcare corporations earn $3.3 million to $22.2 million in salary per year, paltry amounts compared to their stock options. When a CEO earns $1.6 billion in stock options ("Business 2006: Who Won, Who Lost," Associated Press, December 2006), who loses? The average American, that's whothe people who are dying, getting sick from lack of preventative care, facing bankruptcy from medical bills, losing their jobs and their homes. They are Americans who can't afford "health insurance" and certainly can't afford large contributions to senatorial, congressional, and presidential campaigns...
Well here it is... build your own algae bio reactor
with a simple example of a bio reactor using simple off the shelf parts and aquarium parts available from nearly any big chain store to make a simple reactor on the cheap. This is the most basic algae reactor design overall and while he used some glass containers for my reactor other ideal containers would be an empty 2 leader bottle or plastic milk jug. This design is really perfect for backup cultures or to keep unique strings of algae's to start larger reactors off. Using simple off the shelf parts and aquarium parts available from nearly any big chain store these days you can make this simple reactor on the cheap.
Prince Charles idea of sustainable living
He warned that a soaring urban population - rising from 50% of all the world's inhabitants today to 70% by 2050 - could only be accommodated without disastrous social and environmental consequences by developing local urban design rather than "a single monoculture of globalization".
"I strongly believe that the west has much to learn from societies and places which, while sometimes poorer in material terms are infinitely richer in the ways in which they live and organize themselves as communities," he told planners, charity workers and government officials.
"It may be the case that in a few years' time such communities will be perceived as best equipped to face the challenges that confront us because they have a built-in resilience and genuinely durable ways of living."
Dwellers go about their daily routine in the Dharavi slum in Mumbai. Photograph: Daniel Berehulak/Getty Images
Dharavi, a Mumbai slum where 600,000 residents are crammed into 520 acres...Haase - "the words these men use" are lost in the reality of the pictures that depict a world of waste, suffering disease and lost hopes and dreams... no is this the future our leaders see as 'sustainable'? YIKES!
Nuclear's Nemesis
By Jeff Siegel of triplepundit
Japan faces up to the prospect of 'peak fish'
Read full from UK "Financial Times"
Feb 6, 2009
Oil Change?
Specific impacts of the legislation on domestic energy markets include the following:
• A windfall profits tax on the oil and natural gas industry could result in an estimated average decline in domestic crude oil production of approximately 21-26% from baseline levels or between 1.5 to 1.9 million barrels of oil equivalent per day (MMBOE/day)1 over the 2010–2030 period. The loss in domestic crude oil production would result in imports of crude oil increasing by 13-18% over baseline levels or approximately by 1.2 to 1.5 MMBOE/day.
• Because many domestic crude oil producers also produce natural gas, a windfall profits tax could also result in a decline in domestic natural gas production of between 1.6-2.4 Tcf (9-13% from baseline levels) by the period 2020-2030. This loss in domestic production would in part be offset by greater reliance on foreign imports with imports increasing between 0.5-1.2 Tcf (14-55% over baseline levels) during the period 2020-2030.
• A windfall profits tax could reduce investment in domestic refineries and is estimated to result in a reduction in production of petroleum products of 410-660 thousand barrels of oil equivalent per day (MBOE/day), or 2-4% below baseline levels, during the 2010-2030 period. The loss in domestic refinery production could in part be offset by increasing foreign imports of petroleum products by 230-430 MBOE/day (15-21% over baseline levels) during the 2010-2030 period.
Link via from theoildrum
"shovel-ready...this approach, throw away all hope. It can't happen."
“Each of these 90-day wonders might fix one thing really well. But what if, in the process, you mess up the two that are connected to it?” Bea says. At a time when engineers are calling for careful study of the relationship among different infrastructure systems, and long-term planning and construction to prevent areas like California’s Sacramento delta from suffering catastrophic levee failures, shovel-ready thinking might be worse than a distraction. Because whatever a 90-day project does or doesn’t do, it’s not going to solve complex, and sometimes life-threatening, problems. The term "shovel-ready"—as in, infrastructure projects that are ready or almost ready to begin—has become a favorite of policy makers in recent weeks. As the Senate gets ready to vote on a stimulus bill, it looks like the idea has stuck: The latest bill gives only projects that are able to start construction within 90 days eligibility for funding from the $90 billion set aside for infrastructure. Here is why the shovel-ready mandate could make the infrastructure crisis worse by popularmechanics
China has declared drought emergency
China has declared an emergency in northern and central drought-hit regions, where nearly four million people are suffering water shortages.
Nearly half of China's winter crop - some 10m hectares (24m acres) of wheat and rape seed - are also under threat.
President Hu Jintao and Premier Wen Jiabao ordered all-out efforts to fight the drought, allocating 400m yuan ($58m, £40m) in relief assistance.
China's drought relief office called it an event "rarely seen in history".
China faces droughts and floods annually but has seen a recent increase in extreme weather conditions.
The Chinese authorities say the current drought is expected to continue as no rain has been forecast in the affected areas for at least 10 days.
The agriculture ministry says it is on red alert.
The official China Daily newspaper, citing meteorological authorities, said Henan had recorded its worst drought 1951, going 105 consecutive days without rain.
Much of China's farming still relies on rainfall as they have a poor irrigation system.
The BBC's China analyst Shirong Chen says the prolonged drought has added to the misery in rural areas where millions of migrant workers have lost their jobs as a result of the global economic downturn.
A poor harvest in the summer would mean even less income for the farmers. The government is worried that this will dent its effort to stimulate consumer spending in rural areas, making it harder to maintain social stability, he says.
Feb 5, 2009
James Hansen - Sorry
Young people (who deserve a large share of credit for helping Obama get the nomination and win the election) had better ask what is happening.
Economic downturn fails Swedens safe and secure energy future....
Algae Biodiesel: It's $33 a Gallon????
Biogas network could meet half domestic heating needs
Feb 4, 2009
National Brownfield Associations - BIG DEAL
Radioactive water from Nuclear Plant contaminates Ottawa River
Feb 2, 2009
Canada Declares Chemicals Used in Cosmetics to Be Toxics
Feb 1, 2009
Hybrid fission-fusion process, viable solution to the radioactive waste problem
The invention could help combat global warming by making nuclear power cleaner and thus a more viable replacement of carbon-heavy energy sources, such as coal.
"A hybrid fission-fusion process has been developed that can be used in some traditional fission reactors to process radioactive waste and reduce the amount of waste produced by 99%. This process uses magnetic bottle techniques developed from fusion research. This seems like the first viable solution to the radioactive waste problem of traditional nuclear reactors. This could be a big breakthrough in the search for environmentally friendly energy sources. Lots of work remains to take the concept to an engineering prototype and then to a production reactor."
The idea behind the compact Fusion-Fission Hybrid is that fusion can be used to burn nuclear waste, producing energy and getting rid of much of the long-lived waste generated by nuclear reactors.
View the complete illustration of the new nuclear waste destruction system, demonstrating how a fusion-fission hybrid, made possible by the Super X Divertor invented by University of Texas at Austin physicists, could integrate into the nuclear fuel cycle. (Large image opens in a new window.)
list of common toxic substances in soap/makeup
In her new book, Toxic Beauty, investigative journalist DAWN MELLOWSHIP takes a look at what's really in our cosmetics. ..
'immortal' evasive species killing invasion
It does this through the cell development process of transdifferentiation.
Scientists believe the cycle can repeat indefinitely, rendering it potentially immortal.
Superbowl sunday wastes enough to power U.S. homes for a year...
And during this off economy "We're using the Super Bowl to harness the audience of the world's biggest advertising stage" ...
From rockymountainnews
Or maybe like getting part of the $18 billion bonus money that went to Wall Street executives in 2008 - a number that Barack Obama, while taking time from planning his first White House Super Bowl party, called "shameful."
Or maybe being like yet another Obama Cabinet appointee who somehow failed to pay all his taxes. The latest is Tom Daschle, who had to repay $140,000 for a car and driver he didn't claim. Wouldn't you love to be able to owe $140,000 in taxes? How about just affording a new car?
Which brings us back, of course, to the big game - and one of my favorite stories, which might even be true. It goes back to Super Bowl XXXI (do your own math) when Mike Holmgren, then the Green Bay coach, got his players ready on the eve of the game by spreading 96,000 $1 bills on a table - one bill for each dollar a Super Bowl win would mean to each player.
Green Bay won. And if that isn't the meaning of the Super Bowl, well, just pass the beer and the bacon explosion, and we'll figure it out next year.
Jan 30, 2009
80% of Amazon Deforestation Stems from Cattle Ranching
LED energy revolution starts today!
Spent nuclear fuel: a trash heap deadly for 250,000 years or a renewable energy source?
Free RF energy harvesting from sources like WiFi
VIA treehugger
One of Intel's focuses for eco-technology is increasing our ability to harvest free energy sources from the sun to kinetic energy. This also includes RF energy harvesting from sources like WiFi, cell phone towers and TV signals.
Intel has just let loose details on a technique for harvesting ambient RF energy. The researchers powered a wall-mounted household weather station with an LCD screen using a TV antenna pointed at a local TV station.
The Intel researchers aimed a TV antenna at a TV station 4 km away, and harvested enough energy to power a mini weather meter. The technology used for this technique is an extension of that used in off-the-shelf RFID tags in which the tag reader supplies power to the otherwise unpowered ID tag.
With gadgets becoming more and more energy efficient, the idea of using RF energy harvesting to power them is closer to reality...though it will be quite awhile before we have gadgets on the market powered through this method.
Details about the experiment:
The Intel Researchers set up a TV antenna on a balcony with line of sight to the KING-TV tower 4.1 km away. The TV station broadcasts on channel 48 between 674 and 680 MHz with an effective radiation power (ERP) of 960 Kw. The TV antenna used was a UHF log periodic with 5 dBi gain connected to a 4 stage charge pump power harvesting circuit of the same design as that found in an RFID tag. Across an 8 KOhm load the team measured 0.7V, corresponding to 60 microwatts of power harvested. That was enough to drive a thermometer/hygrometer and its LCD display, which is normally powered, by a 1.5 volt AAA battery.
Intel is also focused on energy harvesting from indoor and outdoor ambient light, waste heat from both systems and human bodies, mechanical and kinetic energy. The company feels that by developing technologies that utilize a hybrid power architecture - including alternative energy, better power delivery, better power management and an adaptive system - the use of electronics can be cheaper and lighter on the planet. With that in mind on all their eco-technology research, Intel is working hard to be a leader in better ways to run systems. We're pretty excited to see what more they roll out in the near future.
Via Gizmag