Not exact matches
With an ultimate feedstock capacity of one million
barrels a day and «near net zero» emissions, the refinery would produce high - margin products such
as kerosene and aviation
fuel for the Asian market.
Colonial, the largest
fuel pipeline system in the United States, functions
as the primary artery carrying about 3 million
barrels of gasoline and other
fuels daily from the Gulf Coast to various points throughout the U.S. Southeast and East Coast.
NEW YORK, April 26 (Reuters)- Demand to ship
fuel on Colonial Pipeline's Line 2, its main distillate line, has dropped to about a six - month low
as rising Gulf Coast exports have kept
barrels from being sent through the pipeline to other U.S. regions, traders said.
NEW YORK, April 26 Demand to ship
fuel on Colonial Pipeline's Line 2, its main distillate line, has dropped to about a six - month low
as rising Gulf Coast exports have kept
barrels from being sent through the pipeline to other U.S. regions, traders said.
As WTI enjoys the first meaningful price rise since this spring, and a day after the API injected further optimism in markets by reporting a 761,000 -
barrel draw in U.S. crude oil inventories, the EIA added
fuel to the celebratory mood.
It carries 2.5 million
barrels of refined products per day, or
as the FT notes, «roughly one in every eight
barrels of
fuel consumed in the country.»
The API reported that gasoline fell by 5.80 million
barrels last week
as strong demand and the drawdown of winter
fuel blends led to the decline.
Distillate inventories are projected to increase by 0.5 million
barrels as exports of distillate
fuel out of the U.S. Gulf were steady last week.
If crude prices end up mimicking, their fossil
fuel cousin, prices could be heading
as low
as $ 40 to $ 60 a
barrel in the not - too - distant future.
Oil prices extended losses on Monday, falling to near $ 78 a
barrel,
as Europe's debt crisis roiled markets and falling personal incomes in the U.S. suggested slack demand for
fuel.
Traditionally the industry has been a heavy user of fossil
fuels, primarily oil, the price of which has fluctuated from under $ 15 a
barrel 20 years ago to peaks of $ 90 to over $ 100 now, making fossil
fuels such
as bunker oil vastly more expensive.
Modern Times — roasted beans
fuel the Black House oatmeal stout and Sleepless City brown ale,
as well
as City of the Dead, a strong stout flavored with beans aged in bourbon
barrels.
With the government removing
fuel subsidies and oil marketers refusing to sell diesel at pump prices, the cost of doing business in Nigeria is expected to double over the next three months especially
as oil hits a benchmark price of $ 38 per
barrel with the International Monetary Fund (IMF) predicting a further drop to $ 20 per
barrel by mid-year.
The U.S. Energy Department said on Thursday it would release 500,000
barrels of crude oil from the Strategic Petroleum Reserve
as Tropical Storm Harvey's disruption of the petroleum industry has spiked motor
fuel prices.
But by 1900, production had reached 60 million
barrels annually
as world markets replaced wood and whale oil with petroleum and coal
as the
fuels of choice.
The government agencies estimate that the program will save
as much $ 190 billion in
fuel costs and conserve roughly 1.8 billion
barrels of oil.
A helicopter refuels near Taylor Glacier in the Dry Valleys
as a field station team helps to dig out stored
barrels of
fuel.
MTBE is produced in very large quantities (more than 200,000
barrels per day in the United States in 1999) and is almost exclusively used
as a
fuel component in motor gasoline.
CE envisions building individual facilities with a capacity of 2000
barrels per day, and deploying first projects in leading markets such
as British Columbia and California where existing Low Carbon
Fuel Standards favour
fuels such
as CE's which have ultra-low life - cycle carbon emissions.
Donkey Kong moves with a simian grace, and a few goofy animations, such
as when his rocket - powered
barrel runs out of
fuel, add to the appeal.
Slide and turn the small, unassuming key into the dashboard - mounted ignition
barrel, pause for a moment to laugh at how strange, yet supremely cool the blue cloth - upholstered dash looks and feels, and listen
as the
fuel pumps sing their busy song behind your head.
Chinahanji Parts Plant - We are a Professional manufacturer of Diesel
Fuel Injection Parts, Such
as Nozzle, Plunger &
Barrel, and Delivery Valve and so on.
The engine has an overhead camshaft and a two -
barrel carburetor, and none of the currently popular go - faster gear such
as extra valves or electronic
fuel injection, which makes its energy even more noteworthy.
For example, an «energy security fee» of $ 3.50 per
barrel of imported oil would raise approximately $ 15 billion annually; reduced fossil
fuel subsidies
as proposed by the administration could generate upwards of $ 35 billion over ten years; a utilities electricity fee could raise at least $ 2 billion annually,
as included in the Kerry - Lieberman American Power Act; and royalties on new offshore continental shelf drilling could raise more than $ 100 billion over twenty years.
That last point is critically important,
as the government expects U.S. consumption of oil and other liquid
fuels will total 19.3 million
barrels per day in 2040.
Fossil
fuels have many alternative uses that do not involve dumping carbon pollution into the atmosphere, such
as petrochemicals, and should be used far more wisely if indeed we consider them to be precious — so that we save the climate, oceans and air pollution and don't scrape the
barrel dry.
I start (and started) from the premise that the dramatic decline in crude oil prices that took place from August, 2014 ($ 96 /
barrel), to March, 2015 ($ 44 /
barrel), was due — on the one hand — to decreased demand, a function of slow economic growth in Asia, Europe, and elsewhere, endogenous, price - driven technological change leading to greater
fuel efficiency, and policy - driven technological change that also has been leading to greater fuel efficiency, such as more stringent Corporate Average Fuel Economy (CAFE) standards in the United States; and — on the other hand — was due to increased supply, partly a function of the growth of unconventional (tight) U.S. oil production (a product of the combination of two technologies — horizontal drilling and hydraulic fracturi
fuel efficiency, and policy - driven technological change that also has been leading to greater
fuel efficiency, such as more stringent Corporate Average Fuel Economy (CAFE) standards in the United States; and — on the other hand — was due to increased supply, partly a function of the growth of unconventional (tight) U.S. oil production (a product of the combination of two technologies — horizontal drilling and hydraulic fracturi
fuel efficiency, such
as more stringent Corporate Average
Fuel Economy (CAFE) standards in the United States; and — on the other hand — was due to increased supply, partly a function of the growth of unconventional (tight) U.S. oil production (a product of the combination of two technologies — horizontal drilling and hydraulic fracturi
Fuel Economy (CAFE) standards in the United States; and — on the other hand — was due to increased supply, partly a function of the growth of unconventional (tight) U.S. oil production (a product of the combination of two technologies — horizontal drilling and hydraulic fracturing).
(11/15/07) «Ban the Bulb: Worldwide Shift from Incandescents to Compact Fluorescents Could Close 270 Coal - Fired Power Plants» (5/9/07) «Massive Diversion of U.S. Grain to
Fuel Cars is Raising World Food Prices» (3/21/07) «Distillery Demand for Grain to
Fuel Cars Vastly Understated: World May Be Facing Highest Grain Prices in History» (1/4/07) «Santa Claus is Chinese OR Why China is Rising and the United States is Declining» (12/14/06) «Exploding U.S. Grain Demand for Automotive
Fuel Threatens World Food Security and Political Stability» (11/3/06) «The Earth is Shrinking: Advancing Deserts and Rising Seas Squeezing Civilization» (11/15/06) «U.S. Population Reaches 300 Million, Heading for 400 Million: No Cause for Celebration» (10/4/06) «Supermarkets and Service Stations Now Competing for Grain» (7/13/06) «Let's Raise Gas Taxes and Lower Income Taxes» (5/12/06) «Wind Energy Demand Booming: Cost Dropping Below Conventional Sources Marks Key Milestone in U.S. Shift to Renewable Energy» (3/22/06) «Learning From China: Why the Western Economic Model Will not Work for the World» (3/9/05) «China Replacing the United States and World's Leading Consumer» (2/16/05)» Foreign Policy Damaging U.S. Economy» (10/27/04) «A Short Path to Oil Independence» (10/13/04) «World Food Security Deteriorating: Food Crunch In 2005 Now Likely» (05/05/04) «World Food Prices Rising: Decades of Environmental Neglect Shrinking Harvests in Key Countries» (04/28/04) «Saudis Have U.S. Over a
Barrel: Shifting Terms of Trade Between Grain and Oil» (4/14/04) «Europe Leading World Into Age of Wind Energy» (4/8/04) «China's Shrinking Grain Harvest: How Its Growing Grain Imports Will Affect World Food Prices» (3/10/04) «U.S. Leading World Away From Cigarettes» (2/18/04) «Troubling New Flows of Environmental Refugees» (1/28/04) «Wakeup Call on the Food Front» (12/16/03) «Coal: U.S. Promotes While Canada and Europe Move Beyond» (12/3/03) «World Facing Fourth Consecutive Grain Harvest Shortfall» (9/17/03) «Record Temperatures Shrinking World Grain Harvest» (8/27/03) «China Losing War with Advancing Deserts» (8/4/03) «Wind Power Set to Become World's Leading Energy Source» (6/25/03) «World Creating Food Bubble Economy Based on Unsustainable Use of Water» (3/13/03) «Global Temperature Near Record for 2002: Takes Toll in Deadly Heat Waves, Withered Harvests, & Melting Ice» (12/11/02) «Rising Temperatures & Falling Water Tables Raising Food Prices» (8/21/02) «Water Deficits Growing in Many Countries» (8/6/02) «World Turning to Bicycle for Mobility and Exercise» (7/17/02) «New York: Garbage Capital of the World» (4/17/02) «Earth's Ice Melting Faster Than Projected» (3/12/02) «World's Rangelands Deteriorating Under Mounting Pressure» (2/5/02) «World Wind Generating Capacity Jumps 31 Percent in 2001» (1/8/02) «This Year May be Second Warmest on Record» (12/18/01) «World Grain Harvest Falling Short by 54 Million Tons: Water Shortages Contributing to Shortfall» (11/21/01) «Rising Sea Level Forcing Evacuation of Island Country» (11/15/01) «Worsening Water Shortages Threaten China's Food Security» (10/4/01) «Wind Power: The Missing Link in the Bush Energy Plan» (5/31/01) «Dust Bowl Threatening China's Future» (5/23/01) «Paving the Planet: Cars and Crops Competing for Land» (2/14/01) «Obesity Epidemic Threatens Health in Exercise - Deprived Societies» (12/19/00) «HIV Epidemic Restructuring Africa's Population» (10/31/00) «Fish Farming May Overtake Cattle Ranching
As a Food Source» (10/3/00) «OPEC Has World Over a
Barrel Again» (9/8/00) «Climate Change Has World Skating on Thin Ice» (8/29/00) «The Rise and Fall of the Global Climate Coalition» (7/25/00) «HIV Epidemic Undermining sub-Saharan Africa» (7/18/00) «Population Growth and Hydrological Poverty» (6/21/00) «U.S. Farmers Double Cropping Corn And Wind Energy» (6/7/00) «World Kicking the Cigarette Habit» (5/10/00) «Falling Water Tables in China» (5/2/00) Top of page
This means that the new pipeline will transport — beyond what it transports today — about 440,000
barrels of bitumen per day to Asian markets, where it will be refined and used
as fuel.
Consider that the
fuels we depend on every day for travel and commerce,
as well
as the chemical components that make up countless consumer products, result from the innovations and advanced technologies that America's refiners apply every day in the processing of millions of
barrels of crude oil.
Now, adding
fuel to the fire, while investors expected OPEC to stabilize markets,
as usual, the cartel announced after its November meeting that it would not cut supply to support prices and the Saudi oil minister stated there would be no intervention in oil markets even if prices dropped to $ 20 a
barrel — at which point animal spirits and hedge funds betting on continued oil price increases wrested control from supply / demand fundamentals.
Supporters call the existing standards — known
as the corporate average
fuel efficiency (CAFE) standards and created in the 1970s during the energy crisis — one of the great environmental success stories, saving the country billions of
barrels of oil that would otherwise have been burned in the 30 years since enactment of the law.