Gas 2.0

I have too much time on my hands, so I took a gander at the 2009 BP Statistical Review of World Energy to kill time as well as wait to see if I won the bid for an Iraqi oil field. I didn’t.

BP and China National Petroleum beat me and they now have the right to develop Rumaila - the largest Iraqi oil field. The two organizations beat out a bid from Exxon Mobil Corporation and the Iraqi Oil Minister Hussain al-Shahristani estimates that the selling of oil rights will garner them more than $1.7 trillion over the next 20 years.

This win shouldn’t be surprising considering 2008 was the first year that developing countries, led by China, consumed more energy than developed countries. It was also noted in BP’s report that industrialized countries reduced their energy consumption by 1.3 percent led by a 2.8 percent decline in energy consumption from the U.S. –the steepest single-year decline since 1982. However the potential benefits of energy reduction were offset by countries who increased their energy consumption. China accounted for nearly three-quarters of the 1.4 percent global consumption increase.

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I’m sure you’ve all read or heard people on TV saying that hybrid and electric cars won’t really catch on because oil prices are so low right now. Most of the time the comment goes unchallenged — which is really irritating for a number of reasons.

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People in Montana have been noticing some big rigs on their highways, really big rigs.

Special trucks the size of a football field are carrying equipment cargo in “superloads” to the Canadian Tar Sands for oil extraction.

The Billings Gazette reports on the massive size of the trucks:

How big? One load that is coming up from the port of Houston and began its passage through Montana on Wednesday is 20 feet wide, slightly more than 20 feet tall and 290 feet long. It has 90 tires on 24 axles and weighs 917,000 pounds - so heavy that two trucks are attached to the rear to help push it along.

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A team of Taiwanese researchers has combined industrial wastewater and petroleum oil to make a new fuel that could largely eliminate the costly treatment of industrial air emissions from boilers, is an environmentally-friendly way to treat industrial wastewater, and could increase fuel efficiency by 14%.

Worldwide, many industrial processes depend on steam boilers that are powered by what’s called heavy fuel oil (HFO). In the US, where coal and natural gas are plentiful, boilers are not typically run on HFO, but many homes in the Northeast US are still heated with furnaces that use HFO. These boilers are notorious for spewing out toxins into the environment when untreated.

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According to The Guardian, Fatih Birol, Chief Economist with the International Energy Agency (IEA), has candidly revealed his position that world oil demand will start outpacing supply “around 2020.”

Peak Oil — that most controversial and elusive of concepts. Everybody seems to have their own opinion. There are experts on both sides who alternately claim we have at least 30 years before we reach it and those who claim we’ve already reached it.

So, for a top-level official in an agency with the respect of the IEA to state that we’ll reach an oil supply plateau around 2020 is pretty substantial news — especially considering that his own agency has previously stated that the date was 2030.

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Louisiana is oiling up for a hydrogen network.

Exxon Mobil has entered in to a long-term contract with Air Products for constructing a new Steam Methane Reforming (SMR) Hydrogen production facility in Louisiana. The facility will be connected to Air Products’ Louisiana Hydrogen Pipeline Network and will service Exxon Mobil’s Baton Rouge, Louisiana refinery. Read the rest of this entry »

Editor’s Note: I’m in Houston, TX, this week, celebrating the International Year of the Planet by posting on topics covered at the first ever joint meeting between the American societies of Soil Science, Geology, Crop Science and Agronomy. With a significant focus on biofuels, this conference should be rife with interesting materials.

According to Dr. Peter McCabe, a world-renowned scientist currently working at CSIRO in Australia, any realistic analysis of future energy sources can only conclude that, barring some complete and miraculous harmony between all the world’s economic superpowers, fossil fuels will dominate our energy mix for at least the next few decades — and we should just accept it.

To get a perspective on where Dr. McCabe is coming from, it struck me that he is a man who thinks in terms of quadrillions of BTUs and exajoules of energy. His views come from an analysis of global markets and global energy use. To him it probably seems that a grassroots coordinated global effort is beyond the reach of humanity.

Being a bit of a realistic skeptic myself, it seemed like it would be worth my while to temporarily suspend my deep held belief that not only is it possible for the U.S. and most of the rest of the world to kick its oil habit within a decade, but also a simple requirement for survival, and take Dr. McCabe at face value. Read the rest of this entry »

Every time the price of oil drops, the demand for that same product increases and the  demand for alternate fuels, decreases. Why are gas prices falling?

China Daily reported that “oil dropped more than 6 percent to below $88.00 a barrel on Monday as a global market rout churned concerns that faltering fuel demand could slow further.”

In other words, we aren’t buying enough, so it’s time to lower the price.  But can anyone other than the people vested in that market honestly say that we don’t use enough oil?

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Editor’s note: This post is a guest contribution by Adam Shake.

Do you remember going to the local pond or lake as a kid and swimming around without a care in the world?  Do you remember the feel of the algae between you’re toes?  Well if New Zealand company Aquaflow Bionomic has anything to say about it, we may be using that same algae to fuel our vehicles.

The company, founded in 2005, says that it has produced the first samples of green crude oil at a commercially competitive price. This could be great news for a lot of Bio-Fuel “Flip-Floppers.”  The question of utilizing land based crops producing Ethanol, or animal / vegetable oil based Bio-diesel, may be coming to a close with this new contender. Read the rest of this entry »

According to a survey commissioned by Cars.com during July, about 50% of US consumers don’t believe that Obama or McCain has a magic rabbit up their sleeve that will lower prices at the pump any time soon

Turns out, 50% of people in the US are wiser than I thought: there is no quick fix or simple solution.

Another interesting result from the survey: 48% of consumers don’t see McCain or Obama as having a particular advantage when trying to work with the auto industry to bring more fuel efficient or plug-in vehicles to the market in the future.

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