They've opened and closed the pipeline a couple of times, currently it is difficult to determine if it is actually even open yet. However, even if it has been operating - it has been operating at less than 50% capacity. And more wells have been completed since it's numerous shutdowns for repair. Doubtless numerous political persons are wanting to open it at FULL capacity. It hasn't been near there since 1988 !
• Built: 1975 – 77 • Cost: $8 billion • Length: 800 miles • Carries: 17% of U.S. domestic oil supply {at a fraction of constructed potential}
Trans-Alaska Pipeline Authorization Act cleared way for and paid for it's construction. The pipeline was designed to carry its theoretical maximum capacity of 2.14 million barrels per day at a pricetag of $8 billion {largely from the U.S. Taxpayers}. Secondly; The Alaskan Gas Pipeline project has been developed by TransCanada Corp. and ExxonMobil and {while portions are being built anyway} - is up for debate in congress for it's legals still.
At heart of the issue is subsidies for products from Alaska in the manner of tax provisions that could subsidize the construction of the pipeline.
Meanwhile other pipelines are coinciding with the decisions and have a projected completion date of around 2016, calling for a daily production of Canada and the U.S. to be the largest on earth at close to 12 billion barrels per day.
Regardless of whom wins the election in the U.S., they will go down in history as soundly defeating high oil prices.
All of those numbers depend on legality of ownership of land, mineral rights, or the production of products {being the Canadian and American oil or gas} by foreign producers. This could be a Anti-trust violation due to monopolized interests of a Government body as thus - and may even be a RICO Act issue.
Energy After The Peak: Merger Of Coal And Refiners Replaces Conventional Oil [View article]
Exactly right. Waste wells are very big business now. But forced production with CO2 injection is gaining popularity in oil and gas well regions. Recapture of the CO2 at the wellhead and re-injecting it at the boundary of the formation forces the oil to the top like popping a zit. Water injection is the prime competitor, but water isn't favorable to cheap waste gas from the cost standpoint or the utilization of separation equipment on-site already.
Depleted wells are being used for trashy industrial water, CO2, sewage, and chemical waste materials. But this is primarily for formation zones that are ultra deep and unfavorable for re-working into gas wells with frac technologies.
These Bakken Oil Companies May Fall Soon [View article]
Near term expect demand to be for refineries. That's the downturn in Bakken force right now. Note train and truck shipment of crude oil to awaiting refineries elsewhere.
Energy After The Peak: Merger Of Coal And Refiners Replaces Conventional Oil [View article]
I should also add that due to the high expenses of driving to that job, I have subsequently stopped working there. There is new reformer going in this spring near me in the town I live in that will recycle oils and solvents, plus do a good business of other refining processes as we go. The business today starts small and grows.
I am also working on small Semi trailer mounted gas reformers and haven't gotten the go-ahead from the State on the work. The idea is to just pull them in next to the gas wells and plumb them in direct after the water separator, mix with Glycol, then alcohol, reheat, dump, remix, dump all the time and fractionate in intermediate steps along the way. But the gas product will of course not go 100%, so that goes back into the pipeline right next to the wells.
White gas products to be shipped to the formulation mixing "stations" in Denver or Cheyenne and then sold publicly.
See what I mean? Thinking small for your own means is the way, asking the big boys to play isn't going to garner attention.
Energy After The Peak: Merger Of Coal And Refiners Replaces Conventional Oil [View article]
The Bergius Process is ignored simply because water is another commodity that is spoken for already. {Diesel you could get far easier, and just use it for feedstock. As I said, it's a common thread in the US. } I drive 200 miles roundtrip daily, yet I spend nearly as much monthly on water to water my lawn and bathe, etc. as I do fuel for my drive. Around $300 /month at $3.50/gal. for unleaded, close to that for water.
You cannot believe how hard it was for the Ethanol Producers to get water for their needs, they have to recycle it and reuse as much as possible. Sending even oilwell waste water to the refinery mixed with coal isn't economical, they have High Saline water from oil wells to cleanup and return to streams already.
It is seriously that tough of an issue. Water is the new municipality "investment bond" and they are deadly serious about it.
Lakes are so dry {or outright drained} that millions and millions of fish are dead due to lack of oxygen in the ultra low lake water levels all across America. 26 States have been declared a National Emergency due to the drowth! Fires are raging throughout the Rockies daily each summer now and other states have the same problem in their wild areas. Not a place to start pumping oilwells yet.
Yet, like China, we have had floods and bad storms shutting down our most profitable well areas in Louisiana and the Bakken field along the Missouri. Reports are that 95% of the offshore wells are still offline even in the Gulf.
And yet we still have 23 Billion Barrels of proven oil well reserves in the ground in the US! Okay, it's not as much as the 48 Billion in the late 70's. But the wells we have shut down are for export mostly, and those countries want to rely on their domestic production, and Russia. That's not the spirit of the Oil glut we really have though, as they are saying we actually have around 200 Billion barrels in the United States of which we believe around something like 20-30% is recoverable under conventional methods.
So right now in America we just aren't truthfully looking for crude oil extenders, and we have a few Algae-oil Synthetic plants and a Oilshale oil refinery going up in New Mexico slated to be in production for next year. Incidentally, it's operating on something like the Bergius process for a portion of it's extraction method. But all Refineries do somewhat.
All you'll see online usually is public offerings for investment, but the biggest projects are well-funded private companies.
New Zealand is where you need to focus on improvement in refining production. The US is really inked up already, and no builders can get free yet to start construction fast enough. But they will get done.
Today In Commodities: Crude Trades Near 7-Week Low [View article]
The local dryland Corn numbers are twice what expected. But that's still only 7-9 bushel per acre rather than the 2 forecast quoted earlier {instead of the 60-100 bu/ac. norm}. The irrigated land is doing around the same {10 to 20% of norm} and much of it is being cut for silage instead. But that's just in my region of the Midwest.
SA though is still out, so who knows what those numbers might be. They are calling the for the drought to be over come next year as La Nina switches back to El Nino.
These Bakken Oil Companies May Fall Soon [View article]
Some of it could be Indian Reservations when quoted as Federal Lands. Like the Eskimo's, the Indians may have complaint's about the many of the areas in question being used for any purpose. And Congresses vote mean's little in these situations.
Also, it could be the "storm" before the sale. As smaller companies are known to start work, then sell their interests to another player when the numbers are in on Production. Flow rates and formation quality are all they need to put profit numbers up.
Things are definitely slowing down, and only current drilling permits that are set for the next five years, might be wanted. Or cost effective.
BP has sold large sections of the Gulf to others since further exploration in the area is unnecessary. Profits and production are forecast to be 1% or less from offshore, and the bulk to come from land production by 2020. This is because of a number of factors, one of them being downtime from Hurricanes.
Good article. We really are on the winding down of the industry to a more sedate effort. Domestic production needs have been met, pipelines and refining capacity is next.
Energy After The Peak: Merger Of Coal And Refiners Replaces Conventional Oil [View article]
New Zealand is not North America. And I think you must have your security settings far too high on your computer, else you'd know more about the topic. Is the Regional temperature so low in New Zealand that you are producing pellets of Ethane? Because in the real world, we have Density and Viscosity, as well as Volatility, and in conjunction with triple points, we have the accounting people under the table drunk with mathematics.
And we do not intend to start the 80% of total Government oilwell's, as we do not support subsidizing the EU with American Government oil. We, in America, did not even wait for Oppenheimer to figure out the Nuclear bomb. So why would we wait for Europeans to figure out Coal bed methane and liquification?
Take my word for it, you can ask the people here : http://bit.ly/QRU4TG further questions as long as you want. But I will not parlay my time today in online discussions of Chevron Technologies now, or anyone else's. Because it would be rude. And my education cost me far too much to waste in online discussions for a free education and bomb building experiments. As I am just out of enough funds to explain how {with appropriate rights} even the 50's progressed fractionation and catalyst cracking far further than I guess you may be aware of. I will not do so. And yet to do so, we must purchase rare earth minerals from Europe or China. Neither of which have we opted to do in modern refining technology. But Rubidium and Boron are interesting components, though very expensive to reform into special shapes.
Buying Intel At $23: Like Buying Coca-Cola At $23? [View article]
Boiler-room tactics are getting thick here at Alpha. You just have to look at the info, wait awhile and then decide. If I counted the people that called me out here and elsewhere as legit help, I would be broke.
Many may not be investing in the company they write on, but they are employed with them, some with very impressive stories to tell. But so what?
I got into a debate about credit cards the other day, and the poster was clearly talking about a Debit card - not a Credit Card. So, I guess that's how good the info is to sometimes. They are really "in touch" with the subject matter you know?
There is only one pie. Once all the pieces are gone - the pie can't be divided anymore. You couldn't even buy the pan it was in because it isn't for sale. But the important thing is, nobody will be coming to America to be feeding from it anymore.
A Broader View Of Clean Energy [View article]
Doubtless numerous political persons are wanting to open it at FULL capacity. It hasn't been near there since 1988 !
A BP factsheet is here at: http://bit.ly/QAcE5o
TAPS Ownership:
BP Pipelines (Alaska) Inc. 46.93%
Conoco Phillips Transportation 28.29%
ExxonMobil Pipeline Co. 20.34%
Koch Alaska Pipeline L.L.C. 3.08%
Unocal Pipeline Co. 1.36%
• Built: 1975 – 77
• Cost: $8 billion
• Length: 800 miles
• Carries: 17% of U.S. domestic oil supply {at a fraction of constructed potential}
Trans-Alaska Pipeline Authorization Act cleared way for and paid for it's construction. The pipeline was designed to carry its theoretical maximum capacity of 2.14 million barrels per day at a pricetag of $8 billion {largely from the U.S. Taxpayers}.
Secondly;
The Alaskan Gas Pipeline project has been developed by TransCanada Corp. and ExxonMobil and {while portions are being built anyway} - is up for debate in congress for it's legals still.
At heart of the issue is subsidies for products from Alaska in the manner of tax provisions that could subsidize the construction of the pipeline.
Meanwhile other pipelines are coinciding with the decisions and have a projected completion date of around 2016, calling for a daily production of Canada and the U.S. to be the largest on earth at close to 12 billion barrels per day.
Regardless of whom wins the election in the U.S., they will go down in history as soundly defeating high oil prices.
All of those numbers depend on legality of ownership of land, mineral rights, or the production of products {being the Canadian and American oil or gas} by foreign producers. This could be a Anti-trust violation due to monopolized interests of a Government body as thus - and may even be a RICO Act issue.
Energy After The Peak: Merger Of Coal And Refiners Replaces Conventional Oil [View article]
Recapture of the CO2 at the wellhead and re-injecting it at the boundary of the formation forces the oil to the top like popping a zit. Water injection is the prime competitor, but water isn't favorable to cheap waste gas from the cost standpoint or the utilization of separation equipment on-site already.
Depleted wells are being used for trashy industrial water, CO2, sewage, and chemical waste materials. But this is primarily for formation zones that are ultra deep and unfavorable for re-working into gas wells with frac technologies.
These Bakken Oil Companies May Fall Soon [View article]
Have you heard about this:
http://bit.ly/NVewoS the Elk point Gorilla Project.
Oil Inventories Surprise To The Downside But Still At Record Highs [View article]
Energy After The Peak: Merger Of Coal And Refiners Replaces Conventional Oil [View article]
Energy After The Peak: Merger Of Coal And Refiners Replaces Conventional Oil [View article]
I am also working on small Semi trailer mounted gas reformers and haven't gotten the go-ahead from the State on the work. The idea is to just pull them in next to the gas wells and plumb them in direct after the water separator, mix with Glycol, then alcohol, reheat, dump, remix, dump all the time and fractionate in intermediate steps along the way. But the gas product will of course not go 100%, so that goes back into the pipeline right next to the wells.
White gas products to be shipped to the formulation mixing "stations" in Denver or Cheyenne and then sold publicly.
See what I mean? Thinking small for your own means is the way, asking the big boys to play isn't going to garner attention.
Energy After The Peak: Merger Of Coal And Refiners Replaces Conventional Oil [View article]
You cannot believe how hard it was for the Ethanol Producers to get water for their needs, they have to recycle it and reuse as much as possible. Sending even oilwell waste water to the refinery mixed with coal isn't economical, they have High Saline water from oil wells to cleanup and return to streams already.
It is seriously that tough of an issue. Water is the new municipality "investment bond" and they are deadly serious about it.
Lakes are so dry {or outright drained} that millions and millions of fish are dead due to lack of oxygen in the ultra low lake water levels all across America. 26 States have been declared a National Emergency due to the drowth! Fires are raging throughout the Rockies daily each summer now and other states have the same problem in their wild areas. Not a place to start pumping oilwells yet.
Yet, like China, we have had floods and bad storms shutting down our most profitable well areas in Louisiana and the Bakken field along the Missouri. Reports are that 95% of the offshore wells are still offline even in the Gulf.
And yet we still have 23 Billion Barrels of proven oil well reserves in the ground in the US! Okay, it's not as much as the 48 Billion in the late 70's. But the wells we have shut down are for export mostly, and those countries want to rely on their domestic production, and Russia. That's not the spirit of the Oil glut we really have though, as they are saying we actually have around 200 Billion barrels in the United States of which we believe around something like 20-30% is recoverable under conventional methods.
So right now in America we just aren't truthfully looking for crude oil extenders, and we have a few Algae-oil Synthetic plants and a Oilshale oil refinery going up in New Mexico slated to be in production for next year. Incidentally, it's operating on something like the Bergius process for a portion of it's extraction method. But all Refineries do somewhat.
All you'll see online usually is public offerings for investment, but the biggest projects are well-funded private companies.
New Zealand is where you need to focus on improvement in refining production. The US is really inked up already, and no builders can get free yet to start construction fast enough. But they will get done.
Oil Inventories Surprise To The Downside But Still At Record Highs [View article]
http://1.usa.gov/NRZiB8
12.78% Dividend Payer Rentech Nitrogen Partners LP Is A Perfectly Positioned U.S. Fertilizer Stock [View article]
Today In Commodities: Crude Trades Near 7-Week Low [View article]
SA though is still out, so who knows what those numbers might be. They are calling the for the drought to be over come next year as La Nina switches back to El Nino.
These Bakken Oil Companies May Fall Soon [View article]
Also, it could be the "storm" before the sale. As smaller companies are known to start work, then sell their interests to another player when the numbers are in on Production. Flow rates and formation quality are all they need to put profit numbers up.
Things are definitely slowing down, and only current drilling permits that are set for the next five years, might be wanted. Or cost effective.
BP has sold large sections of the Gulf to others since further exploration in the area is unnecessary. Profits and production are forecast to be 1% or less from offshore, and the bulk to come from land production by 2020. This is because of a number of factors, one of them being downtime from Hurricanes.
Good article. We really are on the winding down of the industry to a more sedate effort. Domestic production needs have been met, pipelines and refining capacity is next.
Energy After The Peak: Merger Of Coal And Refiners Replaces Conventional Oil [View article]
And we do not intend to start the 80% of total Government oilwell's, as we do not support subsidizing the EU with American Government oil. We, in America, did not even wait for Oppenheimer to figure out the Nuclear bomb. So why would we wait for Europeans to figure out Coal bed methane and liquification?
Take my word for it, you can ask the people here :
http://bit.ly/QRU4TG further questions as long as you want. But I will not parlay my time today in online discussions of Chevron Technologies now, or anyone else's. Because it would be rude. And my education cost me far too much to waste in online discussions for a free education and bomb building experiments.
As I am just out of enough funds to explain how {with appropriate rights} even the 50's progressed fractionation and catalyst cracking far further than I guess you may be aware of. I will not do so. And yet to do so, we must purchase rare earth minerals from Europe or China. Neither of which have we opted to do in modern refining technology. But Rubidium and Boron are interesting components, though very expensive to reform into special shapes.
Buying Intel At $23: Like Buying Coca-Cola At $23? [View article]
Many may not be investing in the company they write on, but they are employed with them, some with very impressive stories to tell. But so what?
I got into a debate about credit cards the other day, and the poster was clearly talking about a Debit card - not a Credit Card. So, I guess that's how good the info is to sometimes. They are really "in touch" with the subject matter you know?
Buying Intel At $23: Like Buying Coca-Cola At $23? [View article]
A Look At Crude Oil's Massive Dip [View article]