Cal on March 3rd, 2015

Coal consumption in China fell by 2.9% in 2014 to 3.9 billion metric tons. This was the first decline in coal consumption in that country in the past 14 years. The move came as crude oil and natural gas replace coal in a slowing economy.

The issue of US crude oil storage capacity is receiving a lot of attention as that country runs out of storage capacity. Some energy analysts say that the US is already at 80% of capacity and much of the remainder is scattered at remote locations that are not well suited to temporary storage. The cost of storage aboard seagoing oil tankers is rising rapidly as global supply is thought to be running at some 1.5 million b/d and much of it has already been stored in tankers.

Iraq overtook Angola and Russia to become China’s second-largest oil supplier in January as imports from the Middle Eastern country rose to 803,000 barrels a day.

The International Monetary Fund commented on the desperate state of crude oil supplier Venezuela: “The fiscal position of Venezuela will suffer the most from the decline in world crude oil prices, as its public sector derives a large share of its fiscal revenues from oil exports. In addition, the domestic price of gasoline is expected to remain close to zero, which virtually eliminates any potential revenues from domestic sales.” . Deutsche Bank AG and Jefferies LLC believe Venezuela will run out of money to pay its debt later this year.

Nigeria’s government revenue fell 15% in January as falling crude oil prices eroded the income of Africa’s biggest oil producer. The volume of crude oil exports declined 33% in November and December. Nigeria relies on oil exports for more than 90% of foreign exchange income and 70% of government revenue.

Royal Dutch Shell said it was indefinitely postponing plans to develop a proposed 200,000 barrel per day oil sands surface mine in Western Canada, the company’s latest sign of retrenchment amid the drop in crude oil prices. This follows Shell’s decision last month to cut up to 10% of its 3,000 Canadian oil-sands-related jobs. Shell was the first major energy company to cut workers in Canada’s oil patch.

Exxon Mobil said exploration spending would decline about 11% this year to around $34 billion due to plunging world crude oil prices. Smaller oil and gas companies have been making cuts to capital expenditures that generally range from 20% to 50% in response to the oil price crash.

Oil production in the British North Sea declined by 1.1% in 2014 amid rising production costs, high taxes and low oil world prices, underscoring the need for more investment and exploration in that region.

Over the past 50 years the North Sea has supplied 42 billion barrels of crude oil.

Saudi Arabia wants to become the world’s second-largest exporter of refined oil products in 2017 as part of its goal to diversify its economy and increase its share of the global crude and petroleum products markets. The desert kingdom’s two new refineries will add 800,000 barrels per day in refining capacity this year. A planned 400,000 b/d oil refinery in Jazan will bring Saudi Arabia’s refining capacity to more than 3 million b/d.

The North African country of Morocco holds an estimated 20 trillion cubic feet of recoverable shale oil and natural gas reserves.

The governor of the US state of California wants to cut the state’s use of petroleum for transportation in half by 2030. The governor’s goals include cutting petroleum use in cars and trucks by 50%, doubling the efficiency of existing buildings, and increasing from one-third to 50% the electricity delivered from renewable sources.

 

with h/t Tom Whipple

 

 

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Cal on March 3rd, 2015

 

Larry Coryel, John McLaughlin, Paco De Lucia playing

Manhã De Carnaval

Cal on March 2nd, 2015

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with h/t Fred

Cal on March 1st, 2015

Something Different

Cal on March 1st, 2015

OILPRICE tells us a professor at Lomonosov Moscow State University has successfully duplicated Andrea Rossi’s E-Cat or cold fusion device. Professor Alexander Parkhomov summarizes his results here and here. Professor Parkhomov presents data showing 2.74 times more energy was emitted than put in. A key aspect of Parkhomov’s work is that it is entirely open to the public.

The same source adds that another attempt by the Martin Fleischmann Memorial Project to replicate Andrea Rossi’s E-Cat cold fusion reactor ended in an explosion earlier this year after the reactor heated to over 1,000º C.  There is a video showing the reactor explosion. See also zpenergy, Cold fusion E-Cat experiment ends explosively.

The website E-Cat World is now listing all attempts it is aware of to duplicate Rossi’s work.

In January Wired reported an independent scientific verification of the E-Cat by researchers from the University of Uppsala and University of Bologna. Even more astoundingly, it was completely positive.  Says Wired:

The Lugano Report details how, for the length of a 32-day continuous run, a 900-watt electrical input produced 2,800 watts of heat from the reactor. The 20-cm long E-Cat was run for an extended period to prove that the energy could not be produced by hidden batteries or other sources:

“The total net energy obtained during the 32 days run was about 1.5 MWh. This amount of energy is far more than can be obtained from any known chemical sources in the small reactor volume.”

It should be noted that skeptics have questioned the independence of the Lugano Report as Rossi was in attendance at the experiment. See also EXTREMETECH, Cold fusion reactor verified by third-party researchers

The Open Power Association at Hydrobetatron.org has announced it is planning to replicate the Parkhomov-style E-Cat and the results of the experiments will be reported at the upcoming 19th International Conference on Cold Fusion this April 2015.

The scientific journal Current Science has published a special section on low energy nuclear fusion (LENR) or cold fusion. (Scroll down the table of contents to Special Section: Low Energy Nuclear Reactions where you can read the articles in PDF.) We are advised that “Lattice-enabled nuclear reactions in the nickel and hydrogen gas system” by David J. Nagel is probably the first article to be published in a widely recognized peer review journal to provide a detailed description of Andrea Rossi’s E-Cat invention, and other nickel-hydrogen technologies.

 

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Cal on February 28th, 2015

This week US President Obama vetoed the Keystone pipeline bill which the new Congress had passed as one of it highest priorities. Oil industry analysts believe the veto signals that the President will reject the project after the State Department study is completed. The pipeline, if approved, would run from Alberta, Canada to the southern US and carry crude oil from Canada’s oil sands.

Despite the rising energy potential of the US, it will not become the “next Saudi Arabia” according to the International Energy Agency. Fatih Birol, the executive director of the IEA, said traditional energy exporters in the Persian Gulf would continue to dominate global production in years to come. “The United States will never be a major oil exporter. Their import needs are getting less but the US is not becoming Saudi Arabia,” said Mr Birol. “Their production growth is good to diversify the market but it will not solve the world’s oil problems.” OPEC members, who include Saudi Arabia and Iraq, would remain well placed to meet global demand over the next decade. “Only the Middle East can fill the gap in oil production when new players, such as the US, Canada and Brazil see their production slow down,” added Mr Birol.

The 28 countries in the European Union have announced plans for a continent-wide single energy market to reduce its reliance on Russian natural gas and t0 cut a massive annual import bill of some 400 billion euros. The proposals by the European Commission come just as Russia once again is threatening to cut natural gas deliveries to Ukraine, putting supply to Europe at risk. This “fundamental transformation of Europe’s energy system” will require investment in resources and infrastructure of more than one trillion euros by 2020.

Currently Europe is heavily dependent on energy imports, with more than half of its energy needs supplied by production from abroad, including Russia, the Middle East and Norway. About 63% of Germany’s energy comes from foreign sources and this number rises to 77% for Italy.  France and the UK are among the least dependent on outside sources, needing just less than 50% of their energy needs from outside their respective countries.

Russia supplies about a third of all European Union natural gas needs, with half of that amount transiting Ukraine. Russia also remains the sole source of natural gas supply for many former Soviet republics in eastern Europe.

Nuclear power supplies the majority of electricity in Europe, at 29% of total power needs.  Renewable sources (hydro, wind, solar) supply about 25%.

The US city of Portland, Oregon is using water pipes to generate electricity.  The Lucid Energy project uses the gravity-fed flow of water inside a city pipeline to spin four 42” turbines that produce electricity for Portland General Electric customers under a 20-year power purchase agreement. The project is the first of its kind in the US. The project will generate approximately $2 million worth of renewable energy capacity over the 20-year period, enough electricity for more than 150 homes in Portland. The city will share in the revenue. After 20 years, the city will have the right to own the system and all the energy it produces.

 

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Cal on February 28th, 2015

 

Bireli Lagrene, Sylvain Luc, David Reinhardt and Diego Imbert

playing Nuages

Cal on February 26th, 2015

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