Natural Gas

Embodied energy: An alternative approach to understanding urban energy use

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Everyone knows that it takes energy to produce anything. The energy used in mining, transport, processing, manufacturing, delivery, and disposal is “embodied” in every product we consume, from food to diapers to televisions and insurance policies. Our traditional way of looking at energy, however, highlights only current consumption, traditionally disaggregated into agricultural, industrial, transportation, commercial, and residential sectors.

The NCSL’s Energy Summit – The good, the bad, the missing

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Every year the National Conference of State Legislators (NCSL) holds an annual conference where legislators from all over the US gather for updates on major public policy issues facing the nation. This year the organization found that issues surrounding our country’s future energy supply were becoming of such paramount importance to state governments that it set up a task force to study the issues; produced a report on meeting the energy challenges; and devoted a whole day prior to the annual meeting to an ―Energy Policy Summit‖ where some 15 speakers gave presentations on various aspects of energy.

Breaking: New York Senate passes temporary ban on hydraulic fracturing

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In a predawn vote Wednesday, New York State’s senate passed a bill that reaches beyond the debate over the environmental safety of drilling for gas in the Marcellus Shale and would effectively ban almost all gas and oil drilling in the state until next spring. The bill circumvents an environmental review by the state’s regulatory agency that could be finished this year.

Peak oil and gas prices and supplies – Aug 6

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-Independent Study: Oil Shale Is a Poor Energy Source
-Scientists Cast Doubt on Claims BP Spill’s No Threat to Gulf
-Ecuador pledges no oil drilling in Amazon reserve
-Deepwater oil drilling moratorium job-loss picture is getting clearer
-We Fight for the Oil We Need to Fight for the Oil
-Oil company, law enforcement block media access to public sites hit by Michigan oil spill

Different takes on peak oil, same result – price spikes predicted

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Two must-read interviews with energy market investors both point to a coming demand-driven spike in oil prices, despite professing differing views on peak oil.

Rick Rule, founder of Global Resource Investments, Ltd., speaks of “sharply higher world oil prices in the next 5 years,” and Charles Maxwell, senior energy analyst for Weeden & Co. that “oil will reach at least $150 a barrel around 2015.” It’s interesting that, despite professing different takes on the concept of peak oil, they end up at remarkably similar conclusions about demand outstripping supply within the next few years.

Europe and natural gas – Are tough choices ahead?

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In Europe, natural gas has great importance. Many people believe (some countries even instituted policies) that it will be the fuel that will become the bridge to an energy future with less reliance on coal and nuclear power. Furthermore, in 2009, about 26% of the primary energy consumption of the 27 members of the European Union came from natural gas, making it a very important fuel today.

How long will the Chinese put up with coal?

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Exxon Mobil today issued an impressive second-quarter earnings report, with much of the good news again involving a surge in liquid natural gas production from Qatar. It’s further proof that Exxon — along with the rest of Big Oil — has made a big bet that natural gas will be a growth engine for the company in the absence of opportunities in oil. Fast-growing Asia is the big market, with China leading the way.

UK Gov’t Department of Energy and Climate Change Pathways 2050 report – July 30

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-2050 Pathways Analysis
-UK energy scenarios: working with a flawed model
-DECC publishes plans for achieving 2050 targets
-DECC lays out six possible futures for low-carbon energy

Interview with geologist Art Berman – Part 2

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“I don’t know where it’s going. It seems inevitable to me that it is sort of a bubble phenomenon; but bubbles can go on for 25 years or so, even though everyone knows that’s what’s happening. As long a capital markets continue to fund these things it’s going to keep on going. I’m not saying that’s even a bad thing, though I wouldn’t put any money in it, that’s for darned sure.”