Dec
19
A Higher Mileage Airplane
December 19, 2012 | Leave a Comment
Things in flight do entrance some of us. So news of a way to enhance the fuel economy is welcome news. Whether it’s the joy of watching the maneuvers in mid air or simply getting somewhere at lower cost to just cutting the effluent produced – more distance per fuel unit is a good thing. […]
Dec
11
Simultaneously Get Oil and Gas and Produce Electricity
December 11, 2012 | 3 Comments
Last night Al Fin posted about Marshall Savage whose idea is utilizing solid oxide fuel cells (SOFCs) placed within rocks at strategic locations. This approach would produce oil, gas, and electricity using an ‘in situ process’, without significant mining or rock removal. The idea is a brilliant connection of existing technologies harnessed in a different […]
Dec
7
Could Synthetic Fuel End U.S. Need for Crude Oil?
December 7, 2012 | 1 Comment
A team of Princeton researchers led by Christodoulos Floudas, a professor of chemical and biological engineering at Princeton, evaluated scenarios in which the United States could power its vehicles with synthetic fuels rather than relying on oil. The team’s conclusion is the U. S. could eliminate the need for crude oil by using a combination […]
Oct
11
Huge Oil Strike in Oklahoma
October 11, 2012 | 5 Comments
Continental Resources Inc. unveiled its newest oil field with a reservoir rock of an oil-rich portion of the Woodford Shale that lies beneath oil fields tapped long ago by some of the state’s biggest oil names, including Phillips Petroleum, Noble, Hefner and Skelly Oil. The new field is in an area of southern Oklahoma that […]
Sep
27
The Reasons to Wonder About Natural Gas Prices
September 27, 2012 | 4 Comments
Asian demand for natural gas has risen sharply in recent years. Prices in dollars per million BTUs, are about $13.50 in Argentina and $13.80 in Japan and South Korea, and $13.40 in China. Even Argentina has a $13.50 price, but U.S. wholesale prices are about $2.50 to $3.00. The world price disparity raises a question […]