This average meal uses up to 17 times
more petroleum products, and increases carbon dioxide emissions by the same amount, compared to an entirely local meal.
That CO2 is then compressed into a liquid and given to another company, Linde, for sale; potential users range from the makers of carbonated beverages, such as Coca - Cola, to oil firms that use it to flush
more petroleum out of declining deposits.
Amazing new seismic, deepwater, deep drilling, hydraulic fracturing and other technologies have led to discoveries of huge new reserves of oil and natural gas — and enabled companies to extract far
more petroleum from reservoirs once thought to have been depleted.
-LSB-...] gasoline (see previous posts «China Announces Dramatic Energy Price Reforms» and «
More Petroleum Price Reforms: Move towards the Market and Higher Fuel Tax «-RRB-, which has traditionally been kept artificially low, towards market prices through a -LSB-...]
But last year, the United States
produced more petroleum than any other country, driving down demand for Mexican energy.
The current shift back to SUVs that guzzle
much more petroleum than other cars, prompted by low gasoline prices, is a more worrisome sign for future climate change.
That CO2 is then compressed into a liquid and given to another company, Linde, for sale; potential users range from the makers of carbonated beverages, such as Coca - Cola, to oil firms that use it to
squeeze more petroleum out of declining deposits.
December 29, 2011 • For the first time since Harry Truman was president, the country is
exporting more petroleum products than it imports.
We KNOW they're wrong, it's a question of how much damage the faulty predictions will do (by e.g. over-valuing the companies with business models
assuming more petroleum available at lower prices).
Yet, as former U.K. climate negotiator John Ashton regularly points out, these same companies continue to invest in the oil sands, call for the construction of
more petroleum pipelines and lobby governments to open up environmentally sensitive territories for exploration.
In 2012, for the first time in years, overall oil production actually ticked up slightly in California, as drillers
wrung more petroleum from established fields.
Fuel price reform and fuel taxes, and electricity price reform are key examples (see previous posts «China Announces Dramatic Energy Price Reforms» and «
More Petroleum Price Reforms: Move towards the Market and Higher Fuel Tax «-RRB-.
That's
more petroleum than spilled by the Exxon Valdez in the Gulf of Alaska.»
That hot water will then be boiled to steam with natural gas and used to heat the rock in old oil fields to pump out
more petroleum.