Sentences with phrase «conventional oil resources»

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Environmentalists oppose the project because it will encourage the development of Canada's oil sands, a type of oil resource that requires more energy to tap than conventional reserves.
Vredenburg says for this reason, it is best to use EROI to compare «like» resources such as oilsands and conventional oil, and not to venture comparisons too far beyond.
There is considerable variation in both the quality of and the ease with which a resource deposit can be extracted, so the most profitable strategy is to start with the high - quality, low - cost plays and, when these are exhausted, move on to deposits that are of lower quality and are more costly (think conventional oil fields vs. the oil sands).
Conventional asphalt works fine, but Kjellberg is working with the Natural Resources Research Institute in Duluth to make a microwave - specific mix from recycled shingles and taconite tailings, especially since improved oil - refining technology is reducing asphalt supplies.
In «Squeezing More Oil from the Ground,» Leonardo Maugeri, director of strategies and development of an international oil company, expresses the conventional view of his profession, assuming a world of near - infinite oil resources to be produced under market forcOil from the Ground,» Leonardo Maugeri, director of strategies and development of an international oil company, expresses the conventional view of his profession, assuming a world of near - infinite oil resources to be produced under market forcoil company, expresses the conventional view of his profession, assuming a world of near - infinite oil resources to be produced under market forcoil resources to be produced under market forces.
Oil companies have traditionally looked to so - called conventional petroleum resources — pockets of underground oil and gas wedged between water and impermeable rock — which gush to the surface when tapped by drilliOil companies have traditionally looked to so - called conventional petroleum resources — pockets of underground oil and gas wedged between water and impermeable rock — which gush to the surface when tapped by drillioil and gas wedged between water and impermeable rock — which gush to the surface when tapped by drilling.
If our government were truly interested in reducing oil consumption and CO2, why is it that the Bureau of Land Managment is currently behind efforts to support oil shale R&D and that it is considered a resource that can be relied upon when conventional oil reserves are depleted?
Publication date: 2007-12-01 First Published in Energy Policy Authors: R. Bentley et al Abstract: Combining geological knowledge with proved plus probable («2P») oil discovery data indicates that over 60 countries are now past their resource - limited peak of conventional oil production.
Given our nation's need to control energy costs and improve energy security, many policymakers are calling for a comprehensive national energy policy that promotes and develops all of America's own energy resourcesconventional and shale natural gas, oil, wind, nuclear, solar, etc. — to diversify energy supply.
Publication date: 2009-04-01 First published in: Russian Geology and Geophysics Authors: A.E. Kontorovich Abstract: A probabilistic estimate of the global conventional recoverable oil resource was performed based on the concept of the Earth's sedimentary cover as a holistic system.
To meet our nation's economic and environmental goals, ACC supports an «all of the above» energy strategy that takes timely advantage of America's own energy resourcesconventional and shale natural gas, oil, wind, nuclear, solar, etc. — to diversify energy supply and power our economy.
A probabilistic estimate of the global conventional recoverable oil resource was performed based on the concept of the Earth's sedimentary cover as a holistic system.
Canadian crude oil production comprises western Canadian, which includes crude oil from the oil sands and conventional resources, as well as offshore production from the east coast of Canada.
The western conventional resources are in decline, and although East Coast crude oil production is forecast to increase this year, a gradual decline is expected.
On the contrary, Figure 1 is a conservative estimate of potential emissions from tar sands because: the economically extractable amount grows with technology development and oil price; the total tar sands resource is larger than the known resource, possibly much larger; extraction of tar sands oil uses conventional oil and gas, which will show up as additions to the purple bars in Figure 1; development of tar sands will destroy overlying forest and prairie ecology, emitting biospheric CO2 to the atmosphere.
The Arctic contains the world's largest remaining conventional, undiscovered oil and natural gas, estimated at 13 percent of recoverable oil and 30 percent of recoverable natural gas resources.
As demand for oil outstrips conventional oil supplies, a growing share of oil is coming from tight oil resources, especially in the United States.
Anthony Swift, an attorney at the Natural Resources Defense Council who has spent years studying the chemistry of dilbit, said these findings are misleading because the committee didn't compare dilbit with light conventional crude oil — which is what most of the nation's pipelines were built to handle.
Our research indicates that, due to the depletion of conventional, and hence cheap, crude oil supplies (i.e., peak oil), increasing the supply of oil in the future would require exploiting lower quality resources (i.e., expensive), and thus could occur only at high prices.
Access to the world's largest remaining conventional, undiscovered oil and natural gas reserves — 13 percent of recoverable oil and 30 percent of recoverable natural gas resources — is at stake.
Other conventional crude producers pay 8 cents a barrel to ensure the fund has resources to help clean up some of the 54,000 barrels of pipeline oil that spilled 364 times last year.
Conventional world oil resources are concentrated in two megaprovinces (the Middle East and Western Siberia) and 13 superprovinces.
We need our government to level with the public that alternatives to conventional petroleum, including unconventional resources such as oil sands and oil shale (if it can ever produced economically in the US), all cost more.
Upstream oil and gas (including conventional and shale, tight gas, coalbed methane, and other unconventional resources, both onshore and offshore),
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