While it might be argued that some comparable
amount of crude oil will simply be extracted elsewhere to make up for cancelled production, it is far from clear that barrel - for - barrel this is actually the case.
We are thus at the same or lower significance level of 0.25 % because we may be accelerating AGW by this decision to use lower grades of fossil fuel to produce the equivalent
amount of crude oil.
The case of the ExxonMobil's Pegasus pipeline has thrown light on the blurry legislation surrounding
the amount of crude oil that can be transported through a pipeline.
In January 2016, Scenic Hudson and a coalition of partners filed a lawsuit against Global, claiming that Global failed to obtain a required air pollution permit and institute necessary pollution controls when it modified its Albany facility in 2012 to allow a five-fold increase in
the amount of crude oil handled at the facility and that Global has violated its air permit by handling Bakken crude, which emits far more air pollutants than conventional crude oil.
If you take
the amount of crude oil extracted since 1850 (estimates vary, but maybe 200 billion tonnes = 200 * (10 ^ 9) * (10 ^ 3) kg) and multiply by the energy density of crude oil (~ 50MJ / kg) the result comes out at about 10 ^ 22 J which is an order of magnitude lower than the increase in ocean heat content in the upper 700m since the 1950s (~ 10 ^ 23J).
[S] elling a relatively modest
amount of crude oil from the U.S. Strategic Petroleum Reserve while promoting oil efficiency could pop the speculative oil price bubble and lower prices
DeHaan says that continued low gas prices in the U.S. can be attributed mostly to an increase in
the amount of crude oil produced in the U.S., with American oil inventories up 27 percent compared to this time last year.
The rule would expand the comprehensive oil spill response plan requirements under the Clean Water Act to certain HHFT trains based on
the amount of crude oil being transported.
Town of Rosendale Councilwoman Jennifer Metzger, a co-founder of the group Citizens for Local Power, says there should be no expectation that the pipeline would reduce
the amount of crude oil transported by rail, and she criticized Pilgrim officials for making what she calls misleading statements.
Oil and gas exploration off Ghana's eastern coast on the Gulf of Guinea is ongoing, and
the amount of both crude oil and natural gas continues to increase.
Instead of re-creating a «cryptocurrency», or «token» using blockchain technology, Aramco creates digital shares of a pre-fixed
amount of crude oil, reserved by the company.
Early in 2014 the rookie hedge fund manager noticed something unusual:
The amount of crude oil being stockpiled around the world was building much faster than normal for that time of year.
A drilling technique known as hydraulic fracturing in shale rock formations — fracking — in the U.S. produced large
amounts of crude oil, natural gas and other petroleum products.
Since we extract and refine copious
amounts of crude oil these days for fossil fuels, it makes sense to use the nonfuel portions as well.
They go on to say, «The manufacture of polyester and other synthetic fabrics is an energy - intensive process requiring large
amounts of crude oil and releasing emissions including volatile organic compounds, particulate matter, and acid gases such as hydrogen chloride, all of which can cause or aggravate respiratory disease.»
Not exact matches
It adds that «approval or denial
of the proposed project is unlikely to have a substantial impact on the rate
of development in the
oil sands, or on the
amount of heavy
crude oil refined in the Gulf Coast area.»
Although the Keystone XL would transport a small
amount of conventional
crude oil from North Dakota, the bulk
of its contents would be bitumen, a particularly thick
oil from Canada's
oil sands region.
The US
oil - rig count plateaued near the highest level in three years and showed signs
of declining in late March (to 797), though it still stood 50 rigs above the year - end 2017 total.2 This contributed to expectations for a further increase in American
crude production, which has topped 10 mb / d each week since early February, when WTI prices began to recede from their intra-quarterly high
of US$ 66.14 a barrel.3 The
amount of crude in US storage occasionally exceeded weekly estimates given the higher domestic output and fluctuating net import figures, reigniting fears that US production may thwart OPEC's efforts to clear global oversupply.
Mark Hallman, a spokesman for Canadian National, said the railway moved 5,000 carloads
of crude oil to the United States from Canada in 2011, increased that
amount to 30,000 carloads in 2012 and «believes it has the scope to double this business in 2013.»
With huge new
amounts of lease condensate coming from America's condensate - rich tight
oil fields — the ones tapped by hydraulic fracturing or fracking — the United States isn't producing quite as much actual
crude oil as the raw numbers would lead us to believe.
Right now, the best evidence implies that U.S. production growth will exceed expectations, perhaps by a large
amount since the lagged effects
of higher
crude oil price from November through January have yet to be felt.
Kashagan has huge
amounts of oil in store, and according to Financial Times, «Opec, the 14 - member cartel that controls more than a third
of all
crude production, on Monday said Kashagan's ramp up is one reason it now thinks supplies outside the group will actually grow next year, despite two years
of low prices.»
Kinder Morgan's TransMountain expansion would triple the
amount of Alberta
crude oil going from Edmonton to ports and refineries in B.C..
Business columnists highlighted a 6 % to 8 % drop in share price at MEG Energy, Trilogy and Cenovus, but they failed to mention that Suncor, Husky and Imperial dropped less than half that
amount (about 3 %) and that all energy stocks were up by the close
of business Friday due to higher
crude prices and «a more positive sentiment for things
oil - related these days.»
The
amount of oil Saudi's have sold from their reserves this year dwarfs the build in US
crude so far in 2016.
The report authored by the chief energy policy adviser to government, the Energy Commission, says the
amount required will expended on natural gas, light
crude oil, diesel and heavy fuel
oil to power the various thermal plants as the country looks to contain the threat
of erratic energy supply on the economy.
The
amount, according to court papers in Lagos, represents the shortfall
of the money paid by the multinational
oil firm in the account
of the Nigerian government with Central Bank
of Nigeria, for
crude oil lifted in 2013 and 2014.
«That while the practice had started before the present administration, it has continued under the watch
of the new administration without abating, so much that in the year alone, between January and August, a total
of $ 344.42 million worth
of crude oil has been lifted by the NPDC without remittance and also not paying remittance and other taxes on lifting,» Melaye said, pointing out that the said
amount could build about 11 world - class teaching hospitals fully equipped.
The pipeline would handle an estimated 200,000 barrels per day
of Bakken
crude oil going south and the same
amount of refined petroleum products going north.
The pipeline would transport an estimated 200,000 barrels per day
of Bakkan
crude oil going south and the same
amount of refined petroleum products going north.
«During the raid, the patrol team destroyed un-quantifiable
amount of stolen
crude oil and illegally refined AGO.»
Crude oil is an ever - varying stew
of hydrocarbon bonds that release huge
amounts of energy when they're broken.
The highly efficient advance is made possible in part through the use
of nanomaterials that significantly reduce the
amount of energy required in the catalytic process to make the
crude oil.
For example, WTI
Crude Oil contracts at CME Group is for 1,000 barrels of a grade of crude oil known as «light, sweet» which refers to the amount of hydrogen sulfide and carbon dioxide the crude oil cont
Crude Oil contracts at CME Group is for 1,000 barrels of a grade of crude oil known as «light, sweet» which refers to the amount of hydrogen sulfide and carbon dioxide the crude oil contai
Oil contracts at CME Group is for 1,000 barrels
of a grade
of crude oil known as «light, sweet» which refers to the amount of hydrogen sulfide and carbon dioxide the crude oil cont
crude oil known as «light, sweet» which refers to the amount of hydrogen sulfide and carbon dioxide the crude oil contai
oil known as «light, sweet» which refers to the
amount of hydrogen sulfide and carbon dioxide the
crude oil cont
crude oil contai
oil contains.
So these are the settings we use for
crude oil, gain amount of $ 340 loss amount of $ 280, works well on Crude
crude oil, gain amount of $ 340 loss amount of $ 280, works well on Crude O
oil, gain
amount of $ 340 loss
amount of $ 280, works well on
CrudeCrude OilOil.
Based on information and analysis about the North American
crude transport infrastructure (particularly the proven ability
of rail to transport substantial quantities
of crude oil profitably under current market conditions, and to add capacity relatively rapidly) and the global
crude oil market, the draft Supplemental EIS concludes that approval or denial
of the proposed Project is unlikely to have a substantial impact on the rate
of development in the
oil sands, or on the
amount of heavy
crude oil refined in the Gulf Coast area.
It might surprise many viewers that it would take three times the weight equivalent
of CO2 in the energy needed just to convert the bitumen in the tar sands into the same
amount of conventional
crude oil.
«Looking out there, it seems like there's a huge
amount of oil that can be produced at $ 60, $ 70 per barrel,» said Michael Lynch, president
of consulting firm Strategic Energy and Economic Research, referring to the prices for Brent
crude oil, a global reference point.
The competing theories are (there was / is no theory competition) are: 1) The «late veneer theory» (the late veneer theory is connected with the fossil fuel theory, where a tiny
amount of CO2 is recycled in the upper mantle) vs / or 2) The deep core CH4 theory (See the late Nobel prize winnings, Astrophysics» Thomas Gold's book «Deep Hot Biosphere: The Myth
of Fossil Fuels», where there is a large continuous input
of CH4 and CO2 into the biosphere from CH4 that is extrude from the core
of the earth as it solidifies, which explains Humlum et al's CO2 phase analysis result paradox and roughly 50 different geological paradoxes / anomalies) as to the origin
of the earth's atmosphere, oceans, and «natural» gas /
crude oil.
Similarly, a kilogram
of petroleum — whether it be gasoline, diesel fuel, or
crude oil — releases the same
amount of heat.
The hidden, long - term effects
of the 2010 pipeline accident that spilled more than a million gallons
of heavy Canadian
crude oil into Michigan's Kalamazoo River became public last week when the EPA revealed that large
amounts of oil are still accumulating in three areas
of the river.
Vast
amounts of water and energy are needed to strip - mine and drill Canada's tar sands deposits — a heavy black substance mixed with sand and clay — and turn the extracted bitumen into usable
crude oil.
Price
of Oil: When oil prices were low, the vast amount of additional water and energy (and greenhouse gas pollution) needed to scrub and process these sorts of hydrocarbons into something suitable for market was simply uneconomical compared to conventional sources of cru
Oil: When
oil prices were low, the vast amount of additional water and energy (and greenhouse gas pollution) needed to scrub and process these sorts of hydrocarbons into something suitable for market was simply uneconomical compared to conventional sources of cru
oil prices were low, the vast
amount of additional water and energy (and greenhouse gas pollution) needed to scrub and process these sorts
of hydrocarbons into something suitable for market was simply uneconomical compared to conventional sources
of crude.
PRELIM can simulate up to ten specific refinery process configurations, each requiring a different
amount of energy to process a
crude and producing a different slate
of final products including transportation fuels as well as heavy fuel
oil; hydrogen from the naphtha catalytic reforming proces;, refinery fuel gas; and the possible production
of coke or hydrocracking residue.
Since Global began handling large
amounts of crude in 2012, Albany has become a
crude oil transloading hub, turning the Hudson River into a virtual pipeline for this highly explosive material,» said Scenic Hudson President Ned Sullivan.
Keep your eyes on the prize: Saudi Arabia burns its own
crude to keep cool, limiting the
amount of oil it can export
Although the
amount of convential
oil will continue to decline, there are estimated 10 - 15 trillion barrels
of oil equivalent in unconvential
oil which include heavy and extra heavy
crude oils and the
oil shale and sand.
1Coal combustion emits almost twice as much carbon dioxide per unit
of energy as does the combustion
of natural gas, whereas the
amount from
crude oil combustion falls between coal and natural gas, according to Energy Information Administration, Emissions
of Greenhouse Gases in the United States 1985 - 1990, DOE / EIA -0573 (Washington, DC, September 1993), p. 16.
Since 2006, America's output
of crude oil, natural - gas liquids, and biofuels has increased by about the same
amount as the total output
of Iraq or Kuwait, and more than that
of Venezuela.
Many do not remember this but
crude oil was often poured onto dirt parking lots just to keep the dust down (talking about
crude) and then there is the
amount of NG flaring that has been reduced.