Not exact matches
Alberta's oilsands operations are getting increasingly
more efficient in
producing energy, though they
still lag behind conventional
oil, according to a new study published by researchers at the Haskayne School of Business and China University of Petroleum (Beijing).
But there
still remains downside with Halcon, which must collect
more $ 17 per barrel of
oil equivalent it
produces just to cover operating expenses, before spending a single penny on capital costs or production maintenance.
shale
oil may be a bubble but countries like Libya Iraq Iran
produce nothing compared to their potential / production capacity + there is always offshore exploration recently Morocco seems to be in the spot light not to mention the arctic sea / north pole especially Russia where a new Koweit is to be found and also south China sea Venezuela's tight
oil if all the types of
oil are included venezuela must be a heaven with a quarter of global
oil reserves with +300 billion barrels
more than 260 bbls of Saudi Arabia that can
still produce more than 10/11 million barrel / day that it's procucing today.
Many recipes requiring 1 - 3 eggs can
still be
produced by omitting the egg altogether and adding a bit
more water, soybean
oil or soymilk.
That wouldn't be such a big deal if it wasn't for the fact that unless America gets just as serious about efficiency and demand reduction as it appears to be about increasing supply, it will
still be consuming substantially
more oil than it is
producing.
Yet despite this innovation, the transportation sector — and specifically,
oil —
still produces more than a third of Oregon's fossil - fuel carbon pollution.
Still focused on climate change being «fraught with complexity and uncertainty,» Herkströter outlined Shell's plans for the future: «We will continue to find and
produce oil and gas — efficiently and responsibly — to fuel the next 20 - 30 years of economic growth... We will provide
more natural gas and develop our businesses in gas - fired power generation... We are moving fast in the area of renewables, with a new core business called Shell International Renewables.