Oil Problems comin' round the mountain

[Augustine2004]

"Shell will install at least 200 [compressed natural gas] filling stations . . ." http://www.bizjournals.com/columbus/...ations-at.html

[Augustine2004]

"What Peak Oil?" http://www.zerohedge.com/news/guest-post-what-peak-oil

It makes the same points I've made before, oil is still cheap priced in gold and renewable energy keeps getting more affordable. One thing I didn't quite get to point out, though, is that known resources have increased considerably. The point that net energy gain remains favorable I also didn't quite make.

[Littlejoe]

CNG has a range issue that afaik has never been fixed...do you know if there is anything new on that?

[Augustine2004]

CNG has a range issue that afaik has never been fixed...do you know if there is anything new on that?

I assume you mean cars and trucks can't go as far on CNG as on gasoline. If so, I have not seen anything new on that problem.

[Augustine2004]

example of technology that softens demand for oil--the first hybrid car that Eric Peters likes

http://ericpetersautos.com/2012/06/1...oyota-prius-c/

[Augustine2004]

There is one passenger car designed for natural gas use in the USA already, the Honda Civic GX. It's estimated that nine years would be needed to recoup the extra upfront cost of the car from fuel savings. That is somewhat surprising, I thought the upfront cost would be a bit higher than that. I expect, however, the upfront cost differential will approach zero in succeeding years.

[Littlejoe]

The Honda Civic GX only has about a 150 mile range...ok for around town, but here in Texas, that won't get you anywhere...

[Augustine2004]

The Honda Civic GX only has about a 150 mile range...ok for around town, but here in Texas, that won't get you anywhere...

Not even the Metroplex and Houston?


The new shale oil fields in the USA EACH probably at least doubles the proven recoverable oil that the USA had by the end of 2010 (15Bbl). One in Texas may have more than 35Bbl recoverable. Six such fields in all, maybe more. Need we be surprised that Goldman Sachs reportedly predicted that USA daily oil production will reach an all time high by 2017.

[Augustine2004]

This is about the East Coast gas and oil prospects

USGS release

The USGS assessment of undiscovered gas resources ranges from 1.8 to 7.1 trillion cubic feet (95 percent and 5 percent probability, respectively). The assessment of undiscovered natural gas liquids ranges from 56 to 260 million barrels (95 percent and 5 percent probability, respectively).

© source where applicable

------------ http://www.usgs.gov/newsroom/article...1#.T-nkybW87YI

[Augustine2004]

Perhaps peak oil should be defined as the time when a barrel of oil or its energy equivalent (nuclear power, e.g.) is needed to extract X barrels of oil from the ground. X should be greater than 1 because crude oil needs to be refined and used (gasoline, plastics), which requires more energy input. I guess it's a bit more than 2 barrels. At the start of the oil age, the ratio was 100:1. Now it's down to 5:1 and falling rapidly.

I have only a vague idea when Peak Oil as defined above will arrive. 2020? Can someone, Glenn, throw light on this?

[technomage]

Perhaps peak oil should be defined as the time when a barrel of oil or its energy equivalent (nuclear power, e.g.) is needed to extract X barrels of oil from the ground. X should be greater than 1 because crude oil needs to be refined and used (gasoline, plastics), which requires more energy input. I guess it's a bit more than 2 barrels. At the start of the oil age, the ratio was 100:1. Now it's down to 5:1 and falling rapidly.

Peak oil is already defined as "the maximum extent of petroleum extraction." What you are discussing is the economy of oil extraction--also an important concept, but actually small change compared to the peak oil problem itself. The expense of oil extraction is a contributory issue in peak oil, but not the primary driver.

[Augustine2004]

Peak oil is already defined as "the maximum extent of petroleum extraction." What you are discussing is the economy of oil extraction--also an important concept, but actually small change compared to the peak oil problem itself. The expense of oil extraction is a contributory issue in peak oil, but not the primary driver.

Maybe you are confused. But maybe I am confused myself. Will think about it some more.

[Leonhard]

Judging from the manic attempt at linking to any and all fossils ressource news story, grmortons posts, which you've managed to bury, must have shaken you Augustine2004. More than two-thirds of the posts are from you. Have you considered cutting back and engage in dialogue rather than monologue? You could start a blog of your own where you can collect links if you want.

[Augustine2004]

Judging from the manic attempt at linking to any and all fossils ressource news story, grmortons posts, which you've managed to bury, must have shaken you Augustine2004. More than two-thirds of the posts are from you. Have you considered cutting back and engage in dialogue rather than monologue? You could start a blog of your own where you can collect links if you want.

??? Who was blocked from jumping into the fray? I don't see anything that would tend to prevent technomage's post today. Did he have to brave threats against his posting?

[Leonhard]

??? Who was blocked from jumping into the fray? I don't see anything that would tend to prevent technomage's post today. Did he have to brave threats against his posting?

Non sequitor. You're babble posting, and treating a thread like your very own blog and you've done this unchallenged for pages now. Do you deny that this is what you're doing? Try scrolling up and count how often your name occurs. Go back a few pages and notice how long you've done this. In most of your posts you don't even bother quoting anyone. Its more or less killed this thread. Why the monologue?