We'll see if this pans out: Rocky Mountain News: Shell's ingenious approach to oil shale is pretty slick. If it does work out to be economical at $30/barrel and has an EROEI of about 3.5 then we might be ok after all. However, this columnist doesn't mention rates or scaling all that much. She says that it takes about eight months or so to go from normal ground to when the oil starts to come up and that it dried up, and pretty quickly too, about a year later.
I really hope they can get this to scale and produce at a fast enough rate as it does look a lot more promising than other oil shale recovery methods.
Also, here's some testimony that Terry O'Connor of Shell gave before Congress a few months ago regarding In-situ Conversion Process: Committee on Resources-Index
This has also been crossposted over to Nanothoughts: NanoThoughts 1.0: New oil shale technology from Shell: In-situ Conversion Process
Monday, September 05, 2005
Monday, August 22, 2005
Tuesday, April 19, 2005
Sunday, April 17, 2005
Thursday, April 14, 2005
Boing Boing discovers Peak oil
Boing boing has a post about Peak oil today and it contains a lot of interesting links from all sides of the debate:
Boing Boing: Peak oil article in Rolling Stone
Boing Boing: Peak oil article in Rolling Stone
Sunday, April 10, 2005
Tuesday, April 05, 2005
Thursday, March 31, 2005
Goldman sees oil price 'super spike' to $105 a barrel - UPDATE 3 Messenger | Yahoo! Finance-
Got this from Jody at PolySciFi: Goldman sees oil price 'super spike' to $105 a barrel - UPDATE 3 Messenger | Yahoo! Finance-
Update: Ok, this article is actually a bunch of horseshit. i.e. Goldman Sachs is just trying to drive up the price because they ahve all kinds of speculative investment intersests. Next time I'll actually read the article before I post it.
Update: Ok, this article is actually a bunch of horseshit. i.e. Goldman Sachs is just trying to drive up the price because they ahve all kinds of speculative investment intersests. Next time I'll actually read the article before I post it.
Wednesday, March 30, 2005
The New York Times > Opinion > Op-Ed Contributor: What Happens Once the Oil Runs Out?
The New York Times > Opinion > Op-Ed Contributor: What Happens Once the Oil Runs Out?
Peak Oil was the subject of the Times' Friday spread. Looks like the subject has finally "made it" in the mainstream press.
Peak Oil was the subject of the Times' Friday spread. Looks like the subject has finally "made it" in the mainstream press.
Tuesday, March 22, 2005
Monday, March 21, 2005
Sunday, March 20, 2005
Tuesday, March 15, 2005
Monday, March 14, 2005
the economist on natural gas
http://www.economist.com/agenda/displayStory.cfm?story_id=3712621
Sorry about that, sometimes the blogthis button doesn't put text to hyperlink between the anchor tags.
Sorry about that, sometimes the blogthis button doesn't put text to hyperlink between the anchor tags.
Friday, March 11, 2005
Tuesday, March 01, 2005
Thursday, February 24, 2005
Wednesday, February 16, 2005
FT.com / Home UK - Chinese demand set to push Opec to limit
FT.com / Home UK - Chinese demand set to push Opec to limit: "The cartel said it would have to supply at least 30.1m barrels a day in the fourth quarter of the year to balance the market, an increase of 630,000 b/d from its previous estimate in January and 1.1m b/d up from the December figure. The International Energy Agency forecasts Opec's capacity will be 31.5m b/d by mid-2005.
Opec pumped at capacity last autumn as it tried to catch up with a big increase in demand. But the sharp production increase reduced spare capacity to a 30-year low, helping push oil prices to a nominal record of more than $55 a barrel last October."
Opec pumped at capacity last autumn as it tried to catch up with a big increase in demand. But the sharp production increase reduced spare capacity to a 30-year low, helping push oil prices to a nominal record of more than $55 a barrel last October."
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