Oil


The hydrofracking that has opened up America’s enormous natural gas resources is a marvel of modern technology, but keeping gas and flowback water from those wells from seeping into drinking water depends on a far more mundane science: cementing.

Cementing is used to seal well bores on- and off-shore, in all types of oil and gas wells, and integrity standards are well established. But those standards “are often difficult to attain,” said James Saiers, a professor of hydrology at Yale University, speaking at a Resources for the Future (RFF) forum on “Managing the Risks of Shale Gas.” Keep reading →


“Information sharing is important,” Clay Bretches says here, and he should know. The Andarko Vice President headed up the coordinating subcommittee of the National Petroleum Council as it prepared its first comprehensive study of the outlook for US energy since 2007 this year.

The NPC has a deep history of evaluating US energy risks and opportunities, as it has complied and released studies since the Second World War. Its latest update takes into account the huge changes wrought by new applications of technologies in the natural gas sector, and Bretches says in this video that the resulting increased reserves should “meet even our highest projections of natural gas demand.” Keep reading →


For employees of a company built on oil, Shell’s top energy forecasters have an unexpected enthusiasm for electric vehicles.

While the rest of the world has been watching its competitors struggle to access oil reserves in competition with state-owned firms, Shell has become the world’s largest distributor of biofuels, a company that is on the verge of producing more natural gas than oil, and an advocate for pricing carbon dioxide, the greenhouse gas associated with global warming. Keep reading →


On her way from Washington DC to Ottowa, Alberta Premier Alison Redford stopped by the Canadian consulate in New York City on Tuesday to tell her side of the Keystone XL pipeline story.

She said she has no sense of the time line for Keystone XL and had no comment on the internal American regulatory process. Keep reading →

Senators and @transcanada announce plan to reroute #KXL around Sandhills. #KXL #YesKXL
@nejobsandenergy


Kids may be waiting for Santa, but Washington is waiting for the Supercommittee.

Whether it’s the oil and gas industry defending drilling tax breaks, biofuels boosters watching the clock tick down on expiring ethanol credits, wind advocates worried about their tax credits, or energy researchers wondering if their projects will survive to 2012, everyone in the energy sector has something to worry about. Keep reading →


Why is oil trading so concentrated in New York and London? Why do efforts to create new exchanges in the countries where most oil is produced so regularly fail? And why does the US dollar continue to dominate trading in commodities?

In this video, one of the most prominent energy economists in the world discusses the challenges of setting up new exchanges in new currencies and in new locations and gives a succinct description of the three reasons oil trading remains concentrated in existing centers even as consumption and production of energy continues to shift around the world. Keep reading →

IEA Chief Economist: We have to leave oil before it leaves us http://bit.ly/uzD4Co #fb @IEA_OECD


When I was at Powershift–a gathering of almost 10,000 youth environmentalists–last April, the Keystone XL pipeline was being given so little attention by the environmental community that it was not even mentioned in a single keynote speech. Needless to say, the situation has changed, as the proposed project has since become a rallying point for progressives, environmentalists, and many others who are genuinely concerned about the world’s future. The tipping point, most likely, was reached over the summer, when activist Bill McKibben and 1,252 other patriotic Americans got arrested in front of the White House, greatly increasing awareness about the issue.

Keystone XL, if built, would enable Canada to produce an additional 900,000 barrels of tar sands oil every day. Moreover, to the corporate world, approval of the pipeline would send the following message: the transition to a clean energy economy can wait. Yes, the production process of tar sands oil is three times as energy intensive as that of conventional oil, brings disease and loss of livelihood to First Nations groups, and, if done to completion, would cause a part of Canada’s boreal forest the size of Florida to be clear-cut, but using tar sands oil would also mean more energy, and therefore, is the best way forward. Keep reading →


Brazil’s oil champion has joined its global counterparts in the clean energy race, putting into operation a commercial-scale wind farm in the Northeastern part of the country.

The wind farm’s energy is being delivered ahead of schedule following the completion of the Juriti unit, with the Potigar, Cabuji and Mangue Seco wind units going into operation through August and September. Power was originally intended to hit Brazil’s National Interconnected System in the middle of next year. Keep reading →

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