Donate Bitcoin

Donate Paypal


PeakOil is You

PeakOil is You

US News: The Oil Rush

A forum to either submit your own review of a book, video or audio interview, or to post reviews by others.

US News: The Oil Rush

Unread postby Rishabh87 » Tue 18 Apr 2006, 02:34:17

http://www.usnews.com/usnews/biztech/ar ... /24oil.htm

Basically talks about tar sands, oil shale, and coal liquefication
User avatar
Rishabh87
Wood
Wood
 
Posts: 36
Joined: Tue 21 Mar 2006, 04:00:00

Re: US News: The Oil Rush

Unread postby Zardoz » Tue 18 Apr 2006, 02:50:08

$this->bbcode_second_pass_quote('Rishabh87', 'B')asically talks about tar sands, oil shale, and coal liquefication


And talks about it honestly, for a change:

The Canadian sands...mother lode...won't surrender its treasure without a lot of labor, vast amounts of energy, and oceans of water. It costs more to wrest a barrel of oil from the ground here than virtually anywhere else in the world...

...Shell expects to process the oil shale in place, using otherworldly techniques that sound like something out of a sci-fi novel...Rand estimates that a single 100,000-barrel-a-day operation would require a dedicated 1.2-gigawatt electricity generating station--a size that would be comparable to one of the nation's largest power plants...

...Fischer-Tropsch synthesis...The method is so expensive that in the decades since its discovery it has been used only by countries that had no choice, such as Nazi Germany and apartheid South Africa...

...Perhaps the biggest environmental issue for all unconventional oils is that they would be likely to cause a spike in greenhouse gas emissions


Like a breath of fresh air, huh?
User avatar
Zardoz
Expert
Expert
 
Posts: 6323
Joined: Fri 02 Dec 2005, 04:00:00
Location: Oil-addicted Southern Californucopia

Re: US News: The Oil Rush

Unread postby Rishabh87 » Tue 18 Apr 2006, 03:03:34

This quote right here kind of damns oil shale (well sort of because I don't know what kind of credentials Udell has):

$this->bbcode_second_pass_quote('', 'R')andy Udall, director of the nonprofit Community Office for Resource Efficiency in Aspen, Colo., calls Shell's experiment "fascinating," but he adds, "I've been wondering whether it is an act of inspiration or an act of desperation." The new attention to oil shale underscores how poor other global exploration possibilities are, Udall says. "Thermodynamically, there is an insanity to what they're proposing," he says. "Now, it still may [make economic sense] if oil prices are high enough."


Out of these three I think tar sands are the most promising. Natural gas is hopefully just a stopgap to nuking the tar sands. It could make it somewhat efficient.

Oil shale just sounds retarded with the amount of energy needed to extract crude from it.
User avatar
Rishabh87
Wood
Wood
 
Posts: 36
Joined: Tue 21 Mar 2006, 04:00:00

Re: US News: The Oil Rush

Unread postby mrobert » Tue 18 Apr 2006, 07:24:01

We could print money and extract crude from tar sands an no matter what cost.
It should work, just like any political idiocracy invented in the past 20 years.
User avatar
mrobert
Lignite
Lignite
 
Posts: 393
Joined: Thu 06 Apr 2006, 03:00:00
Location: Romania

Re: US News: The Oil Rush

Unread postby Clouseau2 » Tue 18 Apr 2006, 13:29:37

$this->bbcode_second_pass_quote('mrobert', 'W')e could print money and extract crude from tar sands an no matter what cost.
It should work, just like any political idiocracy invented in the past 20 years.


Are you proposing to fuel the tar cooking operation by burning Weimar marks, errr, I mean dollar bills? With the "fiscal responsibility" being exercised by our "leadership" these days, you may be onto something!
User avatar
Clouseau2
Lignite
Lignite
 
Posts: 262
Joined: Mon 18 Oct 2004, 03:00:00
Location: San Francisco, CA

Re: US News: The Oil Rush

Unread postby Free » Tue 18 Apr 2006, 15:22:16

$this->bbcode_second_pass_quote('Clouseau2', '')$this->bbcode_second_pass_quote('mrobert', 'W')e could print money and extract crude from tar sands an no matter what cost.
It should work, just like any political idiocracy invented in the past 20 years.


Are you proposing to fuel the tar cooking operation by burning Weimar marks, errr, I mean dollar bills? With the "fiscal responsibility" being exercised by our "leadership" these days, you may be onto something!


I guess he is rather referring to the irrefutable logic of economical microbrains that if you have the money to pay for something it is automatically created. It's magic!
"Democracy means the opportunity to be everyone's slave."
Karl Kraus
User avatar
Free
Heavy Crude
Heavy Crude
 
Posts: 1280
Joined: Sun 28 Nov 2004, 04:00:00
Location: Europe
Top

Re: US News: The Oil Rush

Unread postby Novus » Tue 18 Apr 2006, 20:04:27

I think this may be the most realistic articals to hit mainstream print. The last two paragraphs tell the reader this isn't just an oil crisis. It is deep change that is going to affect everyone.
User avatar
Novus
Intermediate Crude
Intermediate Crude
 
Posts: 2450
Joined: Tue 21 Jun 2005, 03:00:00

Re: US News: The Oil Rush

Unread postby clover » Tue 18 Apr 2006, 20:30:21

I bought this issue in the airport this morning. The article was excellent.

My sense of irony was also tickled by the "Live green go yellow" ad on the inside front cover, Chevron's new natural gas ad on the inside back, and a Suburban ad on the back cover.
User avatar
clover
Peat
Peat
 
Posts: 117
Joined: Wed 29 Mar 2006, 04:00:00

Re: US News: The Oil Rush

Unread postby mrobert » Wed 19 Apr 2006, 01:51:21

There is way to much politics in the energy business.

Let me put up a real scenario.
My country (Romania) has enough oil for itself for 13 years and gas for 14 years (this is taken from an official press release).

Yet gas here is way over $4 a gallon. (I actually pay Euro 0.9 / litre).
Why?
Because one day they announced that we should pay, based on world crud oil prices.
Why? Do you we buy from there? At that price? No.

What did our politicians do?
Sold that OIL for a nice half a billion dollars, payable in installments over a few years.
That and a massive infrastructure of chemical plants, refineries, etc.

They killed our economy and continue to do so, even though we have no energy problem (yet).

My stupid ideea : Why didn't they used the 13 years of cheap energy, to develop the transition to alternatives?
Because stupid people voted stupid politicians.

We already live in PeakOil here. You should see the desperate measures the politicians make here, to squeze out every bit of money from those that have it, to support 80% of the country's population that are lazy idiots.

I read the daily news.
In one year, we went from 200 different taxes to over 300.
For every tax they invent, thay always add the phrase : If someone has money to smoke, drive a car, heat his house, etc ... they should pay taxes.

All fingers are pointed at those that have money.
Don't understand rich persons here, but people like me. Who work 16 hours a day, get a good wage, drive a fuel efficient car, and live in an energy efficient house.

My peak electricity usage is 100KW in the winter, and drops to half during the summer.
I haven't quit on any common electronics, just switched to efficient ones.

---------
To conclude, and explain everyone why I made the stupid statement above about printing money to extract oil, this is it.
Politicians always have the right solution for the problem, and the solution is always on paper or made from paper.

You shouldn't be concerned about your neighbour, or God know what else.
As long as there are millions of "idiots" like us on these forums, who live and act responsably (this is why I used the term idiot), they will always come and take from us, to give to the others (others which I simply call, The Voters).

By nature, a man can sustain almost 10 other men, with his work.
So as long as the ratio is 10:1, we will be the solution to "Peak Oil"
Because we won't stop, we won't give up, and we will continue to seek solutions to conserve and efficiently use resources.
We will wake up and go to our jobs, we will do a damn good job.
And on payday, they will take 80% of what we make and give it to the others.

-----------------------------------

Do some math. Ask your employer, how much money does the company spend on your wage (including taxes).
Let's call this X.

Now, deduct from X, all taxes and anything else you pay, and call the result Y.
Y is the amount you take home into your pocket and spend.

From the Y amount, cut off all taxes that are present in the products and services you buy to have their 'actual' price.

What is left is called Z.

Now compare X, to Z and see how much money you 'make', and how money you get to 'spend'.
Take a deep breath ... I know it's a shock.

I did the math and it was something like : I earn $1000 and get to 'spend' 30% ... and that amount decreases yearly, to met the financial demand to sustain every lazy fuck on this planet.

The problem won't be peak oil, but peak taxes.
What happens as Z, closes to zero?
User avatar
mrobert
Lignite
Lignite
 
Posts: 393
Joined: Thu 06 Apr 2006, 03:00:00
Location: Romania

Re: US News: The Oil Rush

Unread postby DesertBear2 » Wed 19 Apr 2006, 03:54:20

$this->bbcode_second_pass_quote('mrobert', 'W')e could print money and extract crude from tar sands an no matter what cost. It should work, just like any political idiocracy invented in the past 20 years.


Printing money sounds great. But extra exchange paper floating around does not equate to more resources or productive effort. It's just more paper per unit of what already exists.

Yes, I know you were just being facecious....
DesertBear2
Tar Sands
Tar Sands
 
Posts: 514
Joined: Sat 13 Aug 2005, 03:00:00
Location: BlueRidgeVA
Top

Third paragraph pretty much admits Peak Oil is here!

Unread postby lexicon » Wed 19 Apr 2006, 16:48:08

Check it out:

What's happening in Canada today may be just the start of a new chapter in the world's long love affair with oil. Global demand, particularly in China and India, is outstripping supply--an imbalance that has been painfully evident as pump prices climb toward $3 a gallon (box, Page 50). Even the optimists agree that the era of "easy oil" is over. Political risk hovers over most conventional reserves, held by the Organization of Petroleum Exporting Countries (including trouble spots like Nigeria and Venezuela) and Russia. So the United States is turning to new possibilities--the largely untapped resource of "unconventional oil" in North America.



Of course, I can't find any mention of ERoEI anywhere in the article, so that diminished my optimism for an honest analysis from US News.
User avatar
lexicon
Peat
Peat
 
Posts: 96
Joined: Tue 08 Mar 2005, 04:00:00

Re: Third paragraph pretty much admits Peak Oil is here!

Unread postby Novus » Wed 19 Apr 2006, 18:34:56

$this->bbcode_second_pass_quote('lexicon', '
')Of course, I can't find any mention of ERoEI anywhere in the article, so that diminished my optimism for an honest analysis from US News.


EROEI was directly mentioned in my print copy. They also declared the era of cheap oil is over.
User avatar
Novus
Intermediate Crude
Intermediate Crude
 
Posts: 2450
Joined: Tue 21 Jun 2005, 03:00:00
Top

Re: Third paragraph pretty much admits Peak Oil is here!

Unread postby lexicon » Wed 19 Apr 2006, 20:03:23

$this->bbcode_second_pass_quote('Novus', '')$this->bbcode_second_pass_quote('lexicon', '
')Of course, I can't find any mention of ERoEI anywhere in the article, so that diminished my optimism for an honest analysis from US News.


EROEI was directly mentioned in my print copy. They also declared the era of cheap oil is over.



I stand corrected. I didn't see "EROEI" in the article, but the article definitely spells out the EROEI for oil shale, and provides good historical perspective as well:

Tapped out? Electricity use is a challenge, O'Connor admits, but Shell estimates that its process would produce 3.5 units of energy for every one it uses. That balance isn't great compared with that of conventional oil reclamation efforts (estimated at 20 to 1 today and perhaps 100 to 1 in the 1930s). But O'Connor says the new ratio makes sense because the easiest fuels to recover on the planet have already been tapped: "We're all looking at technologies that are going to be more expensive and resources that are going to be more difficult to access and recover."

Randy Udall, director of the nonprofit Community Office for Resource Efficiency in Aspen, Colo., calls Shell's experiment "fascinating," but he adds, "I've been wondering whether it is an act of inspiration or an act of desperation." The new attention to oil shale underscores how poor other global exploration possibilities are, Udall says. "Thermodynamically, there is an insanity to what they're proposing," he says. "Now, it still may [make economic sense] if oil prices are high enough."

Thanks for catching that.
User avatar
lexicon
Peat
Peat
 
Posts: 96
Joined: Tue 08 Mar 2005, 04:00:00
Top


Return to Book/Media Reviews

Who is online

Users browsing this forum: No registered users and 1 guest