PainlessPump.com :: Natural Gas | Articles A collection of blog articles about the most important topics in US and world green energy, economy, technology, environment, and Policy issues delivered by others in the community http://www.painlesspump.com/Natural-Gas/Articles/Natural-Gas/ Thu, 09 Feb 2012 19:42:57 -0800 Joomla! 1.5 - Open Source Content Management en-gb PainlessPump.com :: Natural Gas | Articles http://www.painlesspump.com/Natural-Gas/Natural-Gas/Gazprom-Crisis-Engulfs-Europe.html Gazprom Crisis Engulfs Europe.
Home heating price increases have certainly been a major concern for recession-strapped households in northern climates, but the possibility of having one’s heat completely shut-off in this new era of natural resource ‘muscle flexing’ and bitter political show-downs is perhaps a whole new energy policy boiling point in Europe and beyond. Russia’s decision this week to turn off the flow of gas from its Gazprom pipelines to the Ukraine, which in turn forced many European countries to rely on their (in some cases virtually nonexistent) gas reserves, demonstrates the dire need to identify alternatives to Siberia and the Middle East for our massive oil and gas dependencies. Given that my family and I are currently in Bulgaria for six weeks, we are experiencing the Gazprom gas cut-off crisis first-hand. This issue will not be going away any time soon, despite the band-aid patches that will crop up over the next few weeks and months.

Media sources from around the globe began reporting earlier this week that exports of Russian gas via Gazprom had ceased to flow from Russia to the Ukraine. Central and Eastern Europe were worst hit as the bitter cold shuddered in the New Year with temperatures plunging to -10 C or lower in some regions. Heating systems were shut down as regional officials grappled with how to allocate whatever reserves, if any, they had – does one prioritize the elderly, the very young, schools, hospitals? According to reports from the BBC, “the EU says it wants its own monitors to check the flow of gas. The EU depends on Russia for a quarter of its gas supplies, some 80% of which is pumped through Ukraine. The countries that have reported a total halt of Russian supplies via Ukraine included Bosnia-Herzegovina, Bulgaria, Croatia, Greece, Hungary, Macedonia, Serbia, and Austria. Italy said it had received only 10% of its expected supply.”

Here in Bulgaria the situation is particularly dire as gas reserves can be measured in days alone. Cities outside of Sofia have been more drastically affected, although family members of ours living in the capital’s Soviet-style blocs were trying to manage in freezing cold temperatures without any heat or hot water. Given that centralized heating is the norm for these communities, every household is affected when a shut down occurs.

Politics and not just economics are to blame for the finger pointing that is occurring back and forth across the border between the Ukraine and Russia, as each accuses the other for the cut-off in supply. Many view this crisis as a case of Russia’s Gazprom and the Ukraine’s Naftogaz taking the EU’s gas supply “hostage”. This is perhaps the 21st Century’s first glimpse into how future wars may be fought.

Visit my Blog...

]]>
Natural Gas Mon, 12 Jan 2009 10:25:00 -0800
PainlessPump.com :: Natural Gas | Articles http://www.painlesspump.com/Natural-Gas/Natural-Gas/An-OPEC-For-Gas.html Iran, Qatar, Russia Plan OPEC-Style Gas Group. As Iran currently isn"t a gas exporter (in spite of holding a large amount of global reserves) and most of Qatar"s and Russia"s sales are via via long term contracts, there probably won"t be any impact on gas prices in the medium term.
Iran, Qatar and Russia have agreed to form an OPEC-style organization for gas exporting countries, the Islamic Republic"s oil minister said Tuesday after a trilateral meeting in Tehran.

The move would give Russia a greater say in international sales of natural gas and comes on the same day that OPEC Secretary General Abdalla Salem El-Badri arrived in Moscow to meet government officials.

Observers are watching those talks closely for signs of exactly what Russia wants from closer ties with the cartel, although there is no suggestion at this stage that Moscow is seeking full membership or would participate in an expected supply cut to be discussed Friday.

"The meetings went well and big decisions were made, and the groundwork was laid for the creation of a technical committee," Gholam Hossein Nozari said after Tuesday"s meeting with Qatar"s oil minister, Abdullah bin Hamad Al-Attiyah, and the head of Russian energy giant Gazprom, Alexei Miller.

The results of today"s meeting will serve as a basis for cooperation so that other countries may join the association of gas exporting countries, Mr. Nozari said.

Visit my Blog...

]]>
Natural Gas Tue, 21 Oct 2008 13:34:00 -0700
PainlessPump.com :: Natural Gas | Articles http://www.painlesspump.com/Natural-Gas/Natural-Gas/Ethanol-doubts-in-the-heartland.html Ethanol cos. hurt by prices may get help from USDA. Read the comments.

Visit my Blog...

]]>
Natural Gas Mon, 20 Oct 2008 09:30:34 -0700
PainlessPump.com :: Natural Gas | Articles http://www.painlesspump.com/Natural-Gas/Natural-Gas/Gas-Lines-and-Bank-Runs.html gas lines that have appeared in the Southeast in the aftermath of hurricanes Gustav and Ike? The correct answer, in my view, is that both reflect consumer behavior that might be rational at the individual level, but is highly counterproductive in the aggregate. Moreover, rather than demonstrating the failure of unregulated markets to protect consumers, the gas shortage in Georgia and the Carolinas has been compounded by consumer-protection, or "price gouging" laws that prevent the market from reducing demand and encourage hoarding when supply is constrained.

Bank runs and gas lines both begin with a perception that there isn"t enough of the desired commodity to go around: cash in the former case, fuel in the latter. In the Southeast, that perception is grounded in the reality that two weeks after Hurricane Ike made landfall in Texas, a number of Gulf Coast refineries were still operating at reduced rates. For the week ending September 19th, the average utilization rate for refineries in the region was approximately half that for the same period last year. Most of the petroleum product supply for Georgia and the Carolinas originates at Gulf Coast refineries and is transported along the Colonial and Plantation pipelines, which only this week resumed shipping at pre-hurricane flow rates. Since the transit time from Houston to Atlanta is around eight days, it could take another week for supplies to return to normal--and longer still for normal inventories to be re-established.

In the meantime, with a significant shortfall in deliveries along these pipelines, and US gasoline inventories that were already extremely low going into the storms, local prices should have risen dramatically, in order to balance supply and demand. Yet although an internet search revealed many stations in the Atlanta, GA and Charlotte, NC metro areas pricing above $4.00 per gallon for unleaded regular, the region only averaged 15 cents per gallon above the national average in this Monday"s DOE price report. Although lower prices in surrounding states with access to other sources of supply may contribute to that low differential, regulations have also kept a lid on prices. Following the hurricanes, the Georgia and North Carolina state governments triggered their anti-gouging laws, subjecting retailers to strict penalties for increasing their margins over the cost charged by their suppliers.

There are two problems with this well-intended approach. First, it impedes the price signal to consumers that would otherwise alert them to sharply-reduced availability and promote conservation. We"ve learned a lot about the price elasticity of demand for gasoline in the last couple of years. It took an increase of approximately $1 per gallon to reduce average US demand by 5%, and the storm-related disruptions cut supplies to the Southeast by a much larger fraction than that. No one knows how high gas prices would have had to go to constrain demand without gas lines, transaction limits, or other non-price controls, but it is reasonable to conclude that the necessary level would be a lot higher than that allowed by law in these states. By imposing price limits, government makes an explicit choice in favor of gas lines, in order to keep the price of whatever gas is available within reach of lower-income consumers. That may be a popular decision, but it is hardly a market failure.

The other drawback of these "soft" price controls is that they encourage a feedback loop that fosters panic and amplifies scarcity. High prices discourage hoarding, while artificially-low prices amid vanishing availability egg consumers on to get theirs, before it"s all gone. And as I"ve noted before, a shift in psychology concerning how low to let our gas gauges get before refueling can drain even a well-supplied service station network. If every American decided to buy a half-tank of gasoline on the same day, demand would spike to more than four times average. That is the last thing you want when product is already tight. Moreover, uncertainty about how price gouging laws will be interpreted leaves retailers perceiving an unpleasant choice between running out and being fined or imprisoned. That"s a lot of extra grief for a business that usually only clears a few cents per gallon, after expenses.

Perhaps this situation offers some lessons about our present financial crisis, as well. The most pertinent one bolsters the idea of increasing FDIC insurance levels, to avoid the kind of depositor flight that contributed to my waking up on Monday with my primary bank in the hands of a new and possibly much less customer-focused owner. At the very least, the Southeast gas lines serve as a reminder of the unintended consequences associated with most regulations arising from our populist instincts, rather than sound economics. As we enter a new era that will almost certainly include much greater oversight and regulation of a smaller and more risk-averse financial sector, that bears keeping in mind.

Visit my Blog...

]]>
Natural Gas Wed, 01 Oct 2008 14:53:00 -0700
PainlessPump.com :: Natural Gas | Articles http://www.painlesspump.com/Natural-Gas/Natural-Gas/Line-in-Chinese-deal-to-tap-gas.html Australian
Friday 12/9/2008 Page: 19

EMERGING clean fuel producer Linc Energy has launched into the Chinese market, where it plans to use its gas and coal technologies to set up commercial projects. The gas-to-liquids hopeful has joined forces with its new Chinese partner, Xinwen Mining Group, to develop underground coal gasification (UCG) and gas to liquids (GTL) projects in the Yining mining area. The move follows an announcement last week that Xinwen had bought Linc"s Teresa coal exploration permits in Queensland"s Bowen Basin for $1.5 billion.

Linc government and environment affairs general manager Justyn Peters said the company was also in talks with other Chinese miners interested in its UCG and GTL technologies. "It is good news that Australia is exporting clean coat technology to China. Xinwen came to our demonstration plant in Chinchilla and were gobsmacked," Mr Peters said. Under the deal, the companies have agreed to negotiate a formal agreement to form a joint stock company to develop UCG fields to produce gas for transport directly to Shanghai.

It will also provide the feedstock for a GTL facility to produce liquids that will be transported by pipeline to the Dushanzi oil refinery. Xinwen already has government approval for UCG, which means that once commercial terms are finalised, the joint venture partners can move directly into commercialisation and start tapping stranded coal in China. Mr Peters said dealing in energy-hungry China had been a straightforward process and the country was supportive of the technology.

"There has already been known UCG fields in China and they know what the technology can do and know it works, but wanted to combine that with the GTL technology," he said. "In China and India, the governments" energy policies have UCG as a leg." Xinwen"s purchase of the Queensland coat permits still needs approval from the Foreign Investment Review Board, which has been under the spotlight this year with China"s focus on Australia"s booming resources sector.

In July, Treasurer Wayne Swan said he had received $30 billion worth of Chinese foreign investment proposals since the previous November, and that applications would be screened to see if they were consistent with Australia"s national interests. But Mr Peters said there had been no resistance from China for the Australian company"s interest because it was a joint venture. "The Government in China is completely open to it and foreign companies in joint ventures in China just need to take a minority interest because natural resources are owned by the state," he said. The push into China could see Line"s first commercial GTL plant operated out of the Asian region, upstaging its flagship project in Australia.

The Queensland-based company is close to finalising the pilot plant at Chinchilla to prove that gas produced through UCG can be converted into products such as diesel and aviation fuel. It then plans to build a commercial plant at the site, but the move into China could progress faster, with final approvals stilt needed in Australia. Linc"s stock has jumped substantially following a week of big announcements, closing yesterday at $4.15, valuing managing director Peter Bond"s 51 per cent holding which he is free to trade at $841 million.

Visit my Blog...

]]>
Natural Gas Mon, 29 Sep 2008 02:48:00 -0700
PainlessPump.com :: Natural Gas | Articles http://www.painlesspump.com/Natural-Gas/Natural-Gas/Pumped-Workers-release-carbon-dioxide-vapor-after-fracking-a-natural-gas-well-in-eastern-New-Mexico.html
Cathy Behr says she won"t forget the smell that nearly killed her. An emergency-room nurse in Durango, Colo."s Mercy Regional Medical Center, Behr was working the April 17 day shift when Clinton Marshall arrived complaining of nausea and headaches. An employee at an energy-services company, Weatherford International, Marshall, according to Behr, said that he was caught in a "fracturing-fluid" spill. [Fracturing chemicals are routinely used on oil and gas wells where they are pumped deep into the ground to crack rock seams and increase production.] The chemical stench coming off Marshall"s boots was buckling, says Behr. Mercy officials took no chances. They evacuated and locked down the ER, and its staff was instructed to don protective masks and gowns. But by the time those precautions were enacted, Behr had been nursing Marshall for 10 minutes--unprotected. "I honestly thought the response was a little overkill, but good practice," says Behr, 54, a 20-year veteran at Mercy.
Inferno maxx diet
Lasix to loose weight
Long term lamictal effects
B complex vitamins for nerve damage
Buy armour etche
Best skin care vitamins
Zinc chelate vs zinc picolinate
Zinc bar new york
Lamictal for bipolar depression
Gentamicin patient information
Reporting hiv test results
Maa ki adalat mp3
Does cialis work for multiple occasions
Mobic for tendonitis pain
I don't feel well lisinopril zetia
Calculator depo provera
Armour consultants private ltd
Herbal medicine vitamin cholesterol
Allegra shop sydney

A few days later, Behr"s skin turned yellow. She began vomiting and retaining fluid. Her husband rushed her to Mercy where Behr was admitted to the ICU with a swollen liver, erratic blood counts and lungs filling with fluid. "I couldn"t breath," she recalls. "I was drowning from the inside out." The diagnosis: chemical poisoning. The makers of the suspected chemical, Weatherford, tell NEWSWEEK that they aren"t sure if their brand of fracking fluid can be blamed for her illness.

Throughout the Rocky Mountain states, Behr"s run-in with fracturing fluid is getting a lot of attention and exacerbating already frayed nerves. After nearly eight years of some of the most intense oil and gas development ever recorded in the American West, concerns over the environmental and health impacts are bubbling over. On Tuesday, Colorado"s top oil and gas regulatory authority—the Colorado Oil and Gas Conservation Commission (COGCC)—endorsed a sweeping set of rules that environmentalists call long overdue; industry warns of dire economic impacts.

Visit my Blog...

]]>
Natural Gas Wed, 24 Sep 2008 12:56:00 -0700
PainlessPump.com :: Natural Gas | Articles http://www.painlesspump.com/Natural-Gas/Natural-Gas/The-methane-time-bomb.html The methane time bomb.
The first evidence that millions of tons of a greenhouse gas 20 times more potent than carbon dioxide is being released into the atmosphere from beneath the Arctic seabed has been discovered by scientists.

The Independent has been passed details of preliminary findings suggesting that massive deposits of sub-sea methane are bubbling to the surface as the Arctic region becomes warmer and its ice retreats.

Underground stores of methane are important because scientists believe their sudden release has in the past been responsible for rapid increases in global temperatures, dramatic changes to the climate, and even the mass extinction of species. Scientists aboard a research ship that has sailed the entire length of Russia"s northern coast have discovered intense concentrations of methane – sometimes at up to 100 times background levels – over several areas covering thousands of square miles of the Siberian continental shelf.

In the past few days, the researchers have seen areas of sea foaming with gas bubbling up through "methane chimneys" rising from the sea floor. They believe that the sub-sea layer of permafrost, which has acted like a "lid" to prevent the gas from escaping, has melted away to allow methane to rise from underground deposits formed before the last ice age.

They have warned that this is likely to be linked with the rapid warming that the region has experienced in recent years.

Methane is about 20 times more powerful as a greenhouse gas than carbon dioxide and many scientists fear that its release could accelerate global warming in a giant positive feedback where more atmospheric methane causes higher temperatures, leading to further permafrost melting and the release of yet more methane.

The amount of methane stored beneath the Arctic is calculated to be greater than the total amount of carbon locked up in global coal reserves so there is intense interest in the stability of these deposits as the region warms at a faster rate than other places on earth. ...

The Arctic region as a whole has seen a 4C rise in average temperatures over recent decades and a dramatic decline in the area of the Arctic Ocean covered by summer sea ice. Many scientists fear that the loss of sea ice could accelerate the warming trend because open ocean soaks up more heat from the sun than the reflective surface of an ice-covered sea.

Visit my Blog...

]]>
Natural Gas Tue, 23 Sep 2008 22:47:00 -0700
PainlessPump.com :: Natural Gas | Articles http://www.painlesspump.com/Natural-Gas/Natural-Gas/Chesapeake-Cuts-Back-On-Shale-Gas-Drilling.html Chesapeake cuts drilling plan on natgas price drop. You can probably expect gas prices to rise again in the not too distant future, given the fairly sharp depletion profile of shale gas plays when new drilling ceases.
Chesapeake Energy Corp has cut capital expenditure for drilling by 17 percent through 2010 due to a plunge in natural gas prices and concerns about a U.S. market surplus, the company said on Monday.

The company also said a 50 percent drop in natural gas prices since June 30 had helped improve its energy price hedging position by $6 billion, and its shares rose 1 percent.

Chesapeake, which said it became the top U.S. natural gas producer last quarter, is also cutting its forecast of growth in gas production to 18 percent from 21 percent for this year and 16 percent from 19 percent for both 2009 and 2010.

It will temporarily cut production by a net 100 million cubic feet per day in the Mid-Continent, where wellhead prices of $3 to $5 per thousand cubic feet were "substantially below" break-even. That is 4 percent of its total capacity.

"We will monitor market conditions and bring curtailed natural gas production volumes back on stream as prices improve," Chief Executive Aubrey McClendon said.

The number of its operated drilling rigs will fall to about 140 rigs by the end of this year from 157 now, and that will stay steady for the next two years, the company said.

Elsewhere in North America, there are plans to build an export LNG plant at Kitimat in British Columbia - meaning less gas for tar sands processing and less gas for the US market.

Visit my Blog...

]]>
Natural Gas Mon, 22 Sep 2008 13:28:00 -0700
PainlessPump.com :: Natural Gas | Articles http://www.painlesspump.com/Natural-Gas/Natural-Gas/boom-time-for-chimney-sweeps.html Boom time for UK chimney sweeps as fuel bills rise. It will be interesting to watch happens to wood prices (and the UK forestry industry) as a result.
In parts of Britain it is considered lucky for a bride to see a chimney sweep on her wedding day. A great many more brides will be blessed then, if the National Association of Chimney Sweeps (NACS) is to be believed, due to a marked rise in business.

As the nights get colder in the Northern Hemisphere many people are scouring the phone books for chimney sweeps as they look to use their fireplaces once more to cut rising fuel bills.

The rising price of fuel has led to a surge in householders opening up their fireplaces and chimneys, the NACS has claimed. "In the last year we"ve seen a huge rise in the older generations ripping out their gas fires and opening up their fireplaces," Martin Glynn the NACS president said in a statement.

Kim Harrison of Ace Chimney Specialists, Lincolnshire, confirmed that her business was busier than normal, even taking into account the seasonal upturn in trade which is expected at this time of year. "People are opening up fireplaces which have been closed for years," Harrison said. "People are also ordering in wood burning stoves, and multi-fuel stoves, with an eye to turning their central heating off entirely this winter."

Harrison went on to say that the number of people ordering back boilers, powered by wood burning stoves, has also increased significantly, as people look to alternatives to gas heating all over the house.

Chimney

 

Visit my Blog...

]]>
Natural Gas Sat, 20 Sep 2008 05:50:00 -0700
PainlessPump.com :: Natural Gas | Articles http://www.painlesspump.com/Natural-Gas/Natural-Gas/Council-lower-on-gas.html Hobart Mercury
Monday 25/8/2008 Page: 11

NEW greenhouse gas emission targets have been set by Hobart City Council. Hobart Lord Mayor Rob Valentine said the council had reduced its emissions by more than 75 per cent since 1996, mainly achieved by collecting gases from landfill and wastewater treatment plants to generate electricity. He said additional cuts would be more difficult and costly, but the council had agreed in principle to measures to achieve a further cut in its carbon footprint and energy consumption, including setting a target of a 30 per cent cut in its remaining greenhouse gas emissions by 2020. Ald Valentine said the council would consider carbon offsets as an option to achieve a possible zero carbon footprint by that year.

Visit my Blog...

]]>
Natural Gas Thu, 11 Sep 2008 00:29:00 -0700