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29 posts tagged with oil and gas. (View popular tags)
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Why find more? Unburnable carbon as financial assets.

There is another bubble. Before it's burned, Coal, Oil and Gas sit for years on the balance sheets of private (and national) resource companies, as "known reserve" assets. Assets that, someday, will become revenues. Or will they? And if they won't, what will the balance sheets of ExxonMobil, Chevron, BP, Petrochina, and Gazprom actually look like? [more inside]
posted by anthill on Dec 19, 2013 - 22 comments

We no longer need a bigger boat.

Semi-submersible ships are the only vessels capable of loading, transporting and off-loading extremely heavy equipment. These mighty ships are used to carry entire gas refineries, huge oil drilling rigs, and even warships and submarines, on lengthy journeys across the globe.
posted by mudpuppie on Sep 9, 2013 - 43 comments

Oilberta

Canada has lost its famous politeness. With oil and gas now accounting for approximately a quarter of its export revenue, over the last decade Canada has not so quietly become an international mining center and a rogue petrostate.
posted by four panels on Jul 1, 2013 - 73 comments

David versus Goliath... again...

Big oil companies make more than $300 million every day. "Why should Americans prop up these companies with tax dollars and have to pay ridiculous fuel prices?" Self-described 'Democratic socialist' Bernie Sanders (Vermont) introduces a bill to cut $113B of fossil fuel subsidies. [more inside]
posted by nickrussell on May 11, 2012 - 146 comments

"The date of depletion of fossil fuels has been pushed back into the future by centuries -- or millennia."

"Everything you've heard about fossil fuels may be wrong: The future of energy is not what you think it is"
Previously: fracking
posted by andoatnp on Jun 2, 2011 - 88 comments

The crack is out of whack

Unusually for a spring season, gasoline prices have been steadily climbing in the US since the beginning of 2011, and have surpassed $4/gallon in many US states, largely due to political instability in many oil-producing African and Middle-Eastern nations. "Not so fast," says the Department of Energy. Although the price of crude oil has climbed steadily throughout the year, the price of gasoline has climbed much faster -- a disparity known as the crack spread, which has remained at its highest level in 32 months, even in light of a sharp decline in the price of crude oil at the beginning of the month. The DoE speculates that although crude oil is cheap and plentiful enough, the 2011 Misssissippi River Floods are currently more to blame for $4 gas than the uprisings in the Middle East.
posted by schmod on May 19, 2011 - 125 comments

ending corporate welfare

Get the Energy Sector off the Dole - Why ending all government subsidies for fuel production will lead to a cleaner energy future—and why Obama has a rare chance to make it happen.
posted by kliuless on Jan 12, 2011 - 42 comments

IT'S ALL (natural gas) PIPES!

Does your tap water taste funny? Have you tried lighting it on fire? [more inside]
posted by Sys Rq on Oct 14, 2009 - 49 comments

Yesterday's Energy of Tomorrow...and more

Peak Oil, 1925. In 2000, 20% of new buildings will be solar equipped. By the late 1990s, 90% of the world's energy will be nuclear-generated. These and other erroneous projections are being collected as part of the Forecast Project on the website Inventing Green: The Lost History of Alternative Energy in America.
posted by Miko on Jul 27, 2009 - 65 comments

New US Fuel Economy Plan: Win, Lose, or Draw?

Car companies were facing a variety of efficiency and emission standards throughout the United States, from the Department of Transportation, the Environmental Protection Agency, On May 19th, and then an even stricter emission standard from California and 13 other states (plus DC). On May 19th, President Obama announced nation-wide new vehicle fuel efficiency standards for new cars and trucks through 2016. The goal is to rapidly increase fuel efficiency,without compromising safety, by an average of 5, culminating in 39 MPG for cars and 30 MPG for light trucks. Currently, no auto makers are meet the final standards, though some are closer than others. [more inside]
posted by filthy light thief on May 28, 2009 - 85 comments

The Economist: The World in 2009

In 2009, a remarkably gifted politician, confronting a remarkably difficult set of challenges, will have to learn to say "No we can't", Guantánamo will prove a moral minefield, economic recovery will be invisible to the naked eye, governments must prepare for the day they stop financial guarantees, we will judge our commitment to sustainability, scientists should research the causes of religion, we will all be potential online paparazzi, English will have more words than any other language (but it's meaningless), Afghanistan will see a surge of Western (read: American) troops, Iran will continue its nuclear quest while diplomacy lies in shambles, the sea floor is the new frontier, we should rethink aging, (non-)voters will continue to thwart the European project -- but cheap travel will continue to buoy it -- though it has some unfinished business to attend to, and a Nordic defence bond will blossom.

The Economist: The World in 2009. [more inside]
posted by goodnewsfortheinsane on Nov 27, 2008 - 31 comments

Fuelly tracks your gas mileage.

Fuelly tracks your gas mileage over time, helping you save fuel and expenses as you drive.
posted by goodnewsfortheinsane on Aug 21, 2008 - 52 comments

Lee press-on car

The Tata Nano (pic) is a car that costs less new than the amount I've spent on gas during single car trips, recently announced to the auto market in India. The Chery QQ ^, successful , widely exported, and recognized as the Hostage Taker's Vehicle of Choice by China Car Times, is the runner-up for the world's cheapest car but is still approximately twice as expensive. Yes indeed, the price of gas is not going to come back down. So much for my coast-to-coast road trips. [more inside]
posted by XMLicious on Feb 3, 2008 - 42 comments

Maybe they're talking about the paint job

A two-ton 21-mpg 8-passenger V8 Chevy Tahoe? America, meet your 2008 Green Car of the Year!
posted by dead_ on Nov 27, 2007 - 95 comments

Pain is Relative

As crude hit an all time high at $96.40US per barrel this week, prices increase at pumps across the US. Regular self-serve rose 9 cents to an average of $2.80 per gallon in 11 Texas cities this week, a price of €0.51 per litre. Even Arab nations are feeling the pinch; in Syria, subsidised fuel prices were increased by 20% to €0.74 per litre. This price is "still low compared to world prices", though. The Automobile Association has a handy reference chart for Europe: drivers in the UK are paying an average of €1.37, and Danes €1.40. Latvia, though, is a European bargain at just €1.00 per litre.
posted by DarlingBri on Nov 2, 2007 - 69 comments

When the world was powered by the black fuel.

gas: tractor pulls and demolition derbies. Music, a bar graph, and a clown [youtube]
posted by nervousfritz on Jan 15, 2007 - 15 comments

YMMV

Wayne Gerdes, king of the hypermilers
posted by MetaMonkey on Jan 3, 2007 - 31 comments

Hummers for all, thanks to Apartheid and the Nazis.

Green Nazis.
posted by Meatbomb on Oct 24, 2006 - 17 comments

urban jungle

the new urban jungle. . . is a growing movement led by cities like San Francisco, New York, and Leiden to restore active and vibrant natural systems in urban areas. Far from the eden-like depictions of nature of yesteryear, i.e. the garden of earthly delights (nonetheless, still attracting some dynamic new christian converts), the movement has morphed into today's backyard and grassroots environmental movement which is more and more a picture of hybridity, compromise, mixed-use, and ultimately, taking nature out of the walled islands of zoos, aquaria, national parks and other thick-walled institutions and offering a different kind of everyday "unmediated" community experience with the new urban wilderness. VIDEO LINK
posted by huckhound on Jul 6, 2006 - 1 comment

Iraq - All oil, no gas.

Iraq - All oil, no gas. A consortium of 34 Turkish companies have joined together to stop all exports of petrol / refined oil products to Iraq, because Iraq's government owes them over $1 billion that they have so far been unable to pay. Iraq's largest refinery was forced to shut down in December, after its truck drivers walked off the job due to insurgent threats. They reopened ten days later, only to shut down again after an insurgent swarm attack killed and wounded more drivers. The refinery has once more ceased activity, as their reserves of refined fuel are full and there is no way to get them to their customers. Iraq's diesel-driven power plants are undersupplied too, leading to worsening outages.
posted by insomnia_lj on Jan 22, 2006 - 37 comments

Oil Prices, Giffen Goods, and the American Landscape

Running on Fumes -- a fascinating essay by the Nation's Sasha Abramsky on what rising gas prices will do to poor exurban communities.
posted by digaman on Oct 4, 2005 - 165 comments

Got Gas?

Oil companies, not environmentalists behind refinery shortages. The Foundation for Taxpayer and Consumer Rights (FTCR) today exposed internal oil company memos that show how the industry intentionally reduced domestic refining capacity to drive up profits. Internal memos from Mobil, Chevron, and Texaco show different ways the oil giants closed down refining capacity and drove independent refiners out of business. In related news, petroleum industry analyst Tim Hamilton showed that from January 17th to April 18th 2005 gasoline prices jumped 65 cents per gallon and refiner profits rose [pdf] by 61 cents per gallon.
posted by dejah420 on Sep 7, 2005 - 80 comments

I can't afford my gasoline.

I can't afford my gasoline.
posted by Guerilla on Sep 7, 2005 - 63 comments

What will we do when oil crashes?

Resource wars and gas rations, what will be next ? I bet you didn't know we gobble oil like two-legged SUV's.
posted by graytopia on Aug 31, 2005 - 20 comments

oil and gas running out

Global warming will never bring a "doomsday scenario" a team of Swedish scientists say -- because oil and gas are running out much faster than thought. Oil production levels will hit their maximum soon after 2010. "The decline of oil and gas will affect the world population more than climate change."
posted by stbalbach on Oct 3, 2003 - 41 comments

Blast hits New York oil plant

Staten Island oil and gas facility on fire...
The BBC reports that a massive explosion has struck an oil and gas facility on Staten Island, on the outskirts of New York City.
posted by tomcosgrave on Feb 21, 2003 - 31 comments

bp's environmental makeover

Beyond petroleum? British Petroleum’s recent $200-million makeover into sunny-logoed bp seems to respond to mounting concerns over pollution, global warming, and wars for oil. By advocating alternatives to the very product that has made it the world’s seventh-largest company, it also seems like economic suicide. In accordance with their environmental goals, they've helped release bald eagles in Manhattan and bring solar power to rural Tibet, but many remain unconvinced. Each bp ad ended with the same tagline: “It’s a start.” Is it?
posted by gottabefunky on Dec 19, 2002 - 31 comments

Do internal memos reveal oil refineries engaged in price-fixing?

Do internal memos reveal oil refineries engaged in price-fixing? From Joshua Micah Marshall's Talking Points memo; links to a Paul Krugman NYT op-ed, but far more intriguingly to Sen. Ron Wyden's (D-OR) webpage, where on June 14th he released his report on alleged price fixing by varied oil refineries based on internal memos and documents of these companies. These types of allegations have been made before, but there is some rather damning language from those internal memos...
posted by hincandenza on Jun 28, 2001 - 4 comments

He gives a whole new meaning to the word

He gives a whole new meaning to the word "Conservation may be a sign of personal virtue, but it is not a sufficient basis for a sound, comprehensive energy policy." NY Times
posted by crunchland on May 1, 2001 - 138 comments

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