Natural Gas

ODAC Newsletter – Jan 28

by

Saudi oil minister Ali al-Naimi hinted this week that OPEC might move to increase oil production to satisfy rising demand. Both OPEC and the IEA are anticipating demand growth this year, and with Brent crude close to $100/barrel the pressure on OPEC is growing…Many of the OPEC nations face serious threats of their own as they struggle to generate jobs for their growing populations. No doubt the house of Saud and other OPEC leaders will be casting a wary eye at the recent uprising in Tunisia and the riots in Egypt.

Obama on energy and climate

by

I find it sad that there was no explicit discussion of the incontrovertible scientific fact that we are destabilizing our climate with our energy system. Elsewhere in the world, this can be discussed frankly, but in the US, out of deference to half the political spectrum being in total denial, the elephant in the room cannot be named. There are aggressive goals for converting the energy system to “clean energy” with no discussion at all as to why that might be necessary.

Climate benefits of natural gas may be overstated

by

Advocates for natural gas routinely assert that it produces 50 percent less greenhouse gases than coal and is a significant step toward a greener energy future. But those assumptions are based on emissions from the tailpipe or smokestack and don’t account for the methane and other pollution emitted when gas is extracted and piped to power plants and other customers.

Energy: Hydrocarbons in North America

by

The sheer scale of our dependency on nonrenewable, energy-dense "fossilized sunshine" is often lost on those who believe that renewable energy sources can supplant hydrocarbons at anything like today’s level of energy consuption. Thus it is prudent to examine the prognosis for fossil fuels within North America, as they will make up the bulk of our energy consuption for many decades to come…

ODAC Newsletter – Jan 21

by

BP increased its exposure to the ‘wild east’ this week through a new joint venture with the state-owned Russian oil giant Rosneft. Given the rocky history of its existing joint venture, TNK-BP, the deal illustrates the risks BP has been forced to take to gain access to meaningful oil resources…

Freaked out by fracking – Jan 17

by

-Shale gas: a provisional assessment of climate change and environmental impacts (report)
-Shale gas moratorium in UK urged by Tyndall Centre
-Warning over UK shale gas projects
-Opponents to Fracking Disclosure Take Big Money From Industry (NEW)