Natural Gas

Flex-Fuel Humans

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If you’re one of those humans who actually eats food, like I am, then a non-negligible part of your energy allocation goes into food production. As an approximate rule-of-thumb, each kilocalorie ingested by Americans consumes 10 kilocalories of fossil fuel energy to plant, fertilize, harvest, transport, and prepare….But much like household energy, we control what we stick in our mouths, and can make energy-conscious choices that result in substantial reductions of energy consumption. I now call myself a flexitarian, a term acknowledging that my body is a flex-fuel vehicle, but also that I need not be rigid about my food choices in order to still make a substantial impact on the energy front.

Past and future at Total’s Elgin/Franklin project

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Four weeks after the Elgin G4 well sprung a leak above the production platform in the North Sea, Total has spudded the first of two relief wells as backup in case the attempt to kill the well from above doesn’t work. It will take 6 months to drill the wells, however, and an estimated 200,000 cubic meters of gas has been released so far – reportedly enough to heat all of Aberdeen for a decade. In this post, I will provide some additional background on the history of this project and what Total E&P UK’s plans were prior to the leak and subsequent shutdown of all production.

Review: Falling Through Time by Patricia Comroe Frank

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Since its beginnings, the sleeper-awakes scenario has been one of the most commonly used frameworks for introducing fictional utopias and dystopias–yet somehow it doesn’t feel overdone. The reason, I suspect, is that the sleep is incidental to the story, the true focus being the new world order and how it compares with the old. That’s certainly the case with Patricia Frank’s Falling Through Time, the story of a woman who travels into the future and takes us on a sort of guided tour of it. Her name is Summer Holbrook, and she’s a prominent advertising executive who goes missing while vacationing in Alaska. After suffering a spill down a glacier crevasse, she freezes, falls into suspended animation and is found and rescued by a band of expeditioners in the year 2084.

ODAC Newsletter – Apr 20

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Approval of hydraulic fracturing for gas in the UK moved a step closer this week as a DECC commissioned report on the seismic impact of drilling at Cuadrilla’s Lancashire operation advised ministers to proceed. The report recommended a tightening of procedures around drilling, including a pre-injection diagnostic phase, and a traffic light warning system halting operations should an earthquake over 0.5 magnitude occur…

The dumbest guys in the room: Is Cheniere Energy a contrarian indicator for natural gas?

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Some people seem to have a knack for hopping aboard a trend just before it ends. Cheniere Energy Inc., owner of the largest liquefied natural gas (LNG) import facility in the United States, appears to be a case in point. In the world of finance, Cheniere would be what is called a contrary indicator, one that suggests that a trend is about to reverse.

ODAC Newsletter – Apr 13

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The IEA poured oil on troubled waters, so to speak, in its April Oil Market Report this week, suggesting a possible “turning of the tide for market fundamentals”. The agency said supply is ahead of demand for the first time since 2009, though geopolitical threats remain…

Arctic Opening: Opportunity and Risk in the High North (report)

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Lloyd’s of London, the world’s biggest insurance market, has become the first major business organisation to raise its voice about huge potential environmental damage from oil drilling in the Arctic.

The City institution estimates that $100bn (£63bn) of new investment is heading for the far north over the next decade, but believes cleaning up any oil spill in the Arctic, particularly in ice-covered areas, would present “multiple obstacles, which together constitute a unique and hard-to-manage risk”.