Tag Archives: oil

Shale Euphoria: The Boom and Bust of Sub Prime Oil and Natural Gas

[ U.S. house hearings have stated that the U.S. is energy independent, that shale oil and gas will give us a century of energy independence: House 112-176 in 2012, House 113-1 2013, and several others.  In fact we have so … Continue reading

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U.S. Senate 2006 hearing on energy independence

[This is one of the most important hearings on U.S. Energy Policy I’ve read so far.  The title should have been Energy Dependence though. Senator Lieberman has many important points to make, too long to excerpt in this introduction, and … Continue reading

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Another reason to think oil production probably peaked in 2005

[ In this Kurt Cobb post, Texas oilman Jeffrey brown explains why the story of oil production growth from 2005 to 2014 is probably wrong, because the increase came from lease condensate, not oil.  If this is true then Brown … Continue reading

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Book Review of Kleveman’s 2003 “The New Great Game: Blood and Oil in Central Asia”

[I posted this book review at yahoo group energyresources back in 2004 when the average American still thought the Iraq war was about weapons of mass destruction. It is still relevant today.  Alice Friedemann  www.energyskeptic.com ] Lutz Kleveman. 2003. “The … Continue reading

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Robert McNally on energy at U.S. Congressional Hearings

[I think it is interesting to know what Congress hears about energy from experts, and what the official U.S. energy policies are.  It is frustrating that Energy Return on Invested (EROI) is never discussed, even by intelligent analysts like McNally.  … Continue reading

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Energy & Agriculture, Senate hearing July 20, 2000

Senate 106-930. July 20, 2000. Energy and agriculture. U.S. Senate hearing. Excerpts from this 162 page document follow: RICHARD G. LUGAR, INDIANA I begin the hearing by raising what I believe is a very important question: Are Americans prepared for … Continue reading

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Economic peak shale natural gas and oil from yet another bank & Wall Street scam

[ “Shale drillers companies are struggling to pay $235 billion of high-yield, high-risk debt taken on during the past 3 years of the U.S. shale boom. Shale drillers have consistently spent money faster than they’ve made it, even when oil … Continue reading

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Hydrocarbon liquids, drop-in fuels, oil refining, oil distribution, GTL, CTL

Notes from 41 page: National Petroleum Council. 2012. Chapter 11: Hydrocarbon Liquids.                        Hydrocarbon liquids have properties that make them high-quality transportation fuels and allow the supply chain to operate … Continue reading

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Almost half of Rail Freight is Energy, increasingly Crude Oil

Source: American Association of Railroads. 46% of all tonnage hauled by freight trains is Energy: In 2014, crude oil will likely be 650,000 carloads — 2% of all carloads, 2.2% of tonnage.  In addition 2.6% of rail tonnage was refined … Continue reading

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EIA definition of Proved Reserves and Resources

July 17, 2014 Oil and natural gas resource categories reflect varying degrees of certainty Source: U.S. Energy Information Administration Note: Resource categories are not drawn to scale relative to the actual size of each resource category. The graphic shown above … Continue reading

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