Sentences with phrase «make oil shale»

Presumably the lower royalty rate would be place to make oil shale production more financial attractive and more of the unconventional source of fuel could be produced.

Companies have invested in technology to make oil shale production more affordable and efficient.

Not exact matches

«This year, however, (OPEC's) production curbs will increasingly have to make do with playing second fiddle to a Texas - sized wave of U.S. shale growth,» Stephen Brennock, oil analyst at PVM Oil Associates, said in a research note Wednesdoil analyst at PVM Oil Associates, said in a research note WednesdOil Associates, said in a research note Wednesday.

Meanwhile, the never - ending Middle East conflicts support high crude prices, which makes it feasible to produce shale oil in the US.

And Hamm would know, because Continental Resources was a pioneer in making oil from shale rock profitable in North Dakota.

ExxonMobil CEO Darren Woods announced on Monday at the CERAWeek conference in Houston TX that the company will be making further investments in U.S. shale oil and gas, laying out a $ 20 billion «Growing the Gulf» initiative that seeks to invest in chemical, refining, lubricant and LNG projects along the Texas and Louisiana coast.

What if an America made energy - independent by the shale revolution decides that the US should no longer guarantee the safety of oil wells in Saudi Arabia and Kuwait?

Even the argument over fracking in Ohio's oil shale region plays to Romney, although the Obama administration has made only the subtlest moves against oil shale fracking.

Despite the international shale oil boom extracting natural gas with hydrofracking technologies, which most electric utilities, including the local ones, supply to customers as a major part of their power supply, the shift away from petroleum dependency has made remarkable progress in recent years through strategic incentives like the one which prompted this vote in Olive.

Exxon was also concerned about reports that synthetic oil made from coal, tar sands and oil shales could significantly boost CO2 emissions.

All the shale oil and tar sands are making up for declines in Alaska and older wells in the Gulf of Mexico.

Oil shales and tar sands will also be deveolped and coal will be liquified to make synfuels.

My problem with Peak Oil is that once it is upon us it will trigger a desperate search for alternatives that will include making gasoline from coal, tar sands and oil shales (among otherOil is that once it is upon us it will trigger a desperate search for alternatives that will include making gasoline from coal, tar sands and oil shales (among otheroil shales (among others).

Tar and shale sands can not scale in time and neither can coal for peak oil to make a large scale impact.

In order to «fully develop» the Mountain West's oil shale resources, a 16,000 square mile area would have to be stripped of all vegetation, flattened and drilled on a density that would make even Texans blush.

In discussing oil shale, Mr. Bush made a fresh effort to get Democrats in Congress to consider unlocking the vast deposits of the Green River Basin, saying the cost of production is low enough to make such supplies competitive at current prices.

This is because they were made well before the current era of shale oil and gas and tight oil and gas development.

Total fossil fuel is close to a million EJ or about 500 years of the long - run thermal energy requirement in the high - growth scenario (at 60 TW (thermal) by 2100), but not including clathrates and oil shale, that is reduced to about 50 years of reserves at the 2100 rate (i.e. we're not even going to make it to 2100).

Companies have made technological advancements that substantially mitigate environmental impacts associated with oil shale production and are committed to continued research and development in this area and environmentally responsible oil shale development.

Technological breakthroughs in shale gas and tight oil production are poised to make the United States — not Saudi Arabia — the world's largest producer of crude oil as early as the end of the decade, according to the latest World Energy Outlook published by the International Energy Agency (IEA).

Alternatively, it could mean that being near peak oil there will be inertia in the system due to investments made in the infrastructure for coal - based energy, tar sands, shale, or what have you.

But rather than prepare for a change in our daily doings, such as rebuilding the railroad system or promoting walkable neighborhoods over suburban sprawl, we tell ourselves fairy tales about how the Bakken shale oil play will make America «energy independent» to provide the illusion that we can keep driving to WalMart forever.

Since recent events have demonstrated the relative environmental soundness of hydraulic fracturing — a technique for extracting oil and gas from shale formations — Promised Land's script has been altered to make doom - saying environmentalists the tools of oil companies attempting to discredit legitimate «fracking» concerns.

«Many small creeks make a large stream» is a Swedish saying that describes well the production of shale oil and shale gas.

A technology company as well as an oil company and very conservative when doing economics, it recently made a major commitment to shale with the purchase of XTO Energy.

Natural gas prices will likely rise, making the costs of production higher and, according to the recent PWC report, shale oil may depress world crude prices over the years to come.

The problem is not only about the cheap oil and gas made possible by fracking in America's shale fields, and particularly in Texas.

In fact, probably the main benefit of the US shale gas and oil «revolution» is that it's keeping the fossil fuel industry and it's cheer squad distracted while renewables, electric cars and associated technologies build the momentum needed to make their takeover unstoppable — even by the most powerful industry in the world.

and George Bush, perhaps with an eye towards the fuel riots going on around the world, jumps and proposes the new Four Horsemen of the Apocalypse: 1) drilling offshore, 2) drilling in the Arctic National Wildlife Refuge, 3) adding refineries, and 4) extracting oil from shale, which makes the Alberta Tar Sands look environmentally benign.

For example «$ 50» shale oil costs calculations were made when conventional oil cost $ 30.

rulings on oil shale were «misplaced», but ultimately Salazar still has said that he wants to make his own decisions on the matter with the first six months of the Obama presidency.

That EROEI similar to infinity that renewables possess makes cooking oil out of oil shale formations a completely reasonable thing to undertake.

In terms of additional greenhouse gas emissions, producing fuel from oil shale produces eight times the emissions of making fuel from conventional sources of petroleum.

Using coal fired electricity plants at a thermal efficiency of 33 % you get 3 boe of coal to make 3 boe of shale oil or 1:1.

The Shell process makes 3 boe of shale oil for every 1 boe of electricity, so at 33 % efficiency that's 1 boe of fossil fuel (coal) per 1 boe of shale oil.

Using Hall's math, oil shale from Shell's electric heater method requires 1 boe of electricity to make 3 boe of shale oil.

You'd have to make an unrealistic assumption about extractable coal reserves (plus shale to oil, tar sands etc.) to believe that we don't have enough fossil fuels to really wreck the Earth's climate.

The best and cheapest thing to do is to make it illegal to take coal, oil shale and tar sands out of the ground.

«He was a great investor, philanthropist, and entrepreneur who doggedly pursued the idea that shale could be made to yield its vast oil and gas content.

Recent research, albeit backed by the oil industry, estimates that Falklands oil could be worth $ 180 billion in royalties and taxes for the U.K., potentially making it that country's answer to the shale boom that continues to generate work for many U.S. lawyers and their firms.

San Antonio, TX About Blog SHALE brings opportunities for businesses by bringing them together and highlighting the contributions they make to oil and gas industry and our economy.

About Blog SHALE brings opportunities for businesses by bringing them together and highlighting the contributions they make to oil and gas industry and our economy.