big oil


I always assumed that they were manipulating the process by holding refinery constant and manipulating available supple. But it looks like they are actually cooking the books as well. Wonder why it took 11 years to catch them at it and only in Europe? Come on! Russia is nothing but one big criminal open sewer. But we shall see as the investigation unfolds.

http://www.usatoday.com/story/money/business/2013/05/16/oil-price-fixing-scandal/2166857/

Oil price-fixing scandal heats up in Europe

Pablo Gorondi, AP Business Writer

The European Union’s executive arm, the Commission, confirmed it has raided the offices of a number of oil industry companies for possible price-fixing.

Here are some questions and answers on the investigation.

— Which companies were raided and why?

The EU Commission did not say which companies it is investigating. However, some firms have confirmed they are part of the probe. They include Britain’s BP, Royal Dutch Shell, which is listed in London and Amsterdam, and Norway’s Statoil. Platts, a division of McGraw-Hill Financial that compiles and provides data and news for the energy market, also said its offices in London were raided.

The three oil companies are all major producers in the international energy industry and contribute data to Platts’ Market on Close (MOC) pricing process, which every day publishes the final trading price for numerous commodities.

The EU said it has concerns that some companies may have tried to manipulate the pricing process by colluding to report distorted prices and by preventing other companies from submitting their own prices

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Well to be fair, they actually think it is going to be natural gas, but at least they mention solar.

http://oilprice.com/Latest-Energy-News/World-News/Shell-Predicts-that-Natural-Gas-or-Solar-will-Become-the-No.-1-Energy-Source.html

Shell Predicts that Natural Gas or Solar will Become the No. 1 Energy Source

By Charles Kennedy | Sun, 03 March 2013

Royal Dutch Shell (NYSE: RDS.A) has just released new forecasts for its ‘New Lens Scenarios’ program, which aims to predict how current business decision and policies may unfold over time and affect the markets in the future.

Peter Voser, the CEO of Shell, explained that the scenarios “highlight the need for business and government to find ways to collaborate, fostering policies that promote the development and use of cleaner energy and improve energy efficiency.”

The scenarios take two different approaches: one considers the world with a high level of government involvement, and the other looks at the markets when they are given more freedom to develop naturally.

With high government involvement in dictating energy and policies, Shell believes that natural gas will flourish to become the number one energy source in the world over the next couple of decades, overtaking coal and helping to reduce carbon emissions.

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There are so many ways to store alternative energy that I can not and will list them here. The fact that the carbon industry claims there is no way to do it shows you how afraid they are of these plans being implemented.

http://blog.cleantechies.com/2013/01/28/german-plant-to-produce-methane-using-surplus-green-energy/

German Plant to Produce Methane Using Surplus Green Energy

Yale Environment 360Published on Date January 28th, 2013 by Yale Environment 360

Audi is building a plant in Germany that will use surplus power produced from renewable sources, such as wind energy generated when demand is low, to produce methane from water and carbon dioxide.

The plant, which will use technology developed by Stuttgart-based SolarFuel, reportedly will produce enough methane to run 1,500 of the new natural-gas vehicles Audi is planning to start selling this year.

To produce the methane, the company will utilize a combination of technologies: electrolysis, in which water is split into its hydrogen and oxygen components, and methanation, in which the hydrogen is combined with carbon from carbon dioxide to produce methane.

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This is all happening much faster than I thought it would. In another 10 years we are going to be cooked.

http://scienceblogs.com/gregladen/2013/01/14/an-assessment-of-climate-under-global-warming/

An Assessment of Climate Under Global Warming

Posted by Greg Laden on January 14, 2013

A Draft National Climate Assessment has been released by the “National Climate Assessment and Development Advisory Committee.” You can download it here … warning: it is a PDF file way over 100 megabytes

The report affirms that climate is changing and that this change is primarily caused by human activities, mostly the release of fossil carbon into the atmosphere by burning fuels. The report notes an increase in weather extremes and that these extremes are being recognized by the relevant climate science as linked to these human-induced changes.

Details about the committee, the report, and the process, are as follows:

A 60-person Federal Advisory Committee (The “National Climate Assessment and Development Advisory Committee” or NCADAC) has overseen the development of this draft climate report.

The NCADAC, whose members are available here (and in the report), was established under the Department of Commerce in December 2010 and is supported through the National Oceanic and Atmospheric Administration (NOAA). It is a federal advisory committee established as per the Federal Advisory Committee Act of 1972. The Committee serves to oversee the activities of the National Climate Assessment. Its members are diverse in background, expertise, geography and sector of employment. A formal record of the committee can be found at the NOAA NCADAC website.

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Go there and read. More later on.

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What a weird week it has been. Some solar, some global warming. A nice mix. So we end on this “hopeful” study.

 

http://www.weather.com/news/climate-change-poll-20121214

Poll: Science Doubters Say World is Warming

Published: Dec 14, 2012, 8:48 AM EST

WASHINGTON — Nearly 4 out of 5 Americans now think temperatures are rising and that global warming will be a serious problem for the United States if nothing is done about it, a new Associated Press-GfK poll finds.

Belief and worry about climate change are inching up among Americans in general, but concern is growing faster among people who don’t often trust scientists on the environment. In follow-up interviews, some of those doubters said they believe their own eyes as they’ve watched thermometers rise, New York City subway tunnels flood, polar ice melt and Midwestern farm fields dry up.

Overall, 78 percent of those surveyed said they thought temperatures were rising and 80 percent called it a serious problem. That’s up slightly from 2009, when 75 percent thought global warming was occurring and just 73 percent thought it was a serious problem. In general, U.S. belief in global warming, according to AP-GfK and other polls, has fluctuated over the years but has stayed between about 70 and 85 percent.

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No comment necessary here.

http://www.accuweather.com/en/weather-news/summer-2012-in-running-for-hot/68155

Summer 2012 In Running for Hottest Summer on Record

Alex Sosnowski

By , Expert Senior Meteorologist
July 22, 2012; 8:26 PM

The summer of 2012 is in the running for one of the top three hottest summers in the past 60 years in the United States and southern Canada.

Steven A. Root, Certified Consulting Meteorologist and President and CEO of WeatherBank, Inc. has been examining hourly and daily temperatures in 59 hub cities dating back to Jan. 1, 1950.

WeatherBank is an AccuWeather, Inc. long-range forecasting and data partner.

Root computes the cooling degree days (CDD) for each city, each day of the year. Cooling degree days are the number of degrees that a day’s average temperature is above 65 degrees. The period from May 15 to Sept. 15 is considered to be the air conditioning/cooling season for the U.S. and Canada.

Root is estimating this summer to finish up with 59,484 CDDs based on what has happened thus far and what is projected.

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Go there and read. More tomorrow.

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I like this place. Alot. Bunches of very radical things. Enjoy.

http://www.climateark.org/

Climate Ark

Climate Change and Global Warming Portal

Featuring Customized Search and News Feed of Reviewed, Authoritative Content

Climate Change Blog

Biocentric Commentary Emphasizing Abrupt Climate Change, Ending Terrestrial Ecosystem Loss, and Other Sufficient Ecological Responses
RAINFOREST ALERT! Tell Liberia: Industrial Primary Rainforest Logging is Corrupt, Ecocidal, and Must End
Having devastated the Penan of Malaysia's rainforests (ongoing and with continued protests) -- and those in Papua New Guinea, Cambodia and Guyana as well -- Samling timber mafia now turns its eye to Liberia, West Africa
TAKE ACTION! New logging contracts have been issued across 40% of Liberia’s primary rainforests [search] in only two years of resumed industrial logging. A full one quarter of Liberia’s total landmass – half of its best primary rainforests – were granted using secretive and illegal logging permits. Malaysian logging giant Samling, who has a long history of illegal logging from Cambodia to Guyana to Papua…
CALL FOR PAPERS: Announcing Major Kerala, India Ecology Conference
Asian Elephant
Dr. Glen Barryof Ecological Internet to serve as Academic Convener, and present on the global biodiversity, ecosystem and biosphere imperatives for biocentric land planning and strengthened legal protections for Kerala’s Asian elephants – and their corridors, particularly the Sigur plateau – as an umbrella species for other ecological values. Dear forest protection colleagues, I am pleased to announce a major international conference on conservation…

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Go there and read so much stuff. More tomorrow.

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To be candid, most of the national organizations suck. They refuse to take local input and when they want something to happen because of a national agenda or a deal they have cut, they will shove it down your throat. Case in point, The Sierra Club and other Environmental Organizations with a base in Chicago want to rip high speed rail straight through Springfield with no consideration for the towns best interests for the path of that rail line. These guys are a little more sensitive to local issues.

http://www.edf.org/annual-reports/2011

Our mission is to preserve the natural systems on which all life depends.

Guided by science and economics, we find practical and lasting solutions to the most serious environmental problems.


Complete report

Individual chapters

 

 

 

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I was going to start a meditation on Environment and Energy Conservation websites today but then I got to this story in the Illinois Times. I am actually citing the one from the St. Louis Dispatch but you can find the Illinois times one here:

http://www.illinoistimes.com/Springfield/article-10536-state-gives-ameren-a-pollution-pass.html

So here is the piece from the SLD, mainly because I hardly ever link up with them.

http://www.stltoday.com/news/state-and-regional/illinois/ill-regulators-delay-ameren-pollution-controls/article_123019f5-fe57-5971-9600-4f4c4d7281cb.html

Ill. regulators delay Ameren pollution controls

State regulators have granted Ameren Corp. a five-year delay in the installation of pollution controls at a large coal-fired power plant in southeastern Illinois after the company threatened to close other plants and cut hundreds of jobs.

The Illinois Pollution Control Board granted the delay Thursday, giving the St. Louis-based company until 2020 to install equipment to control smog, which is linked to heart and lung problems. The company had initially agreed to do it by 2015.

Ameren had argued that because of the drop in electricity prices _ driven in part by competition from natural gas plants _ it could no longer afford to finish installing sulfur dioxide scrubbers at its Newton plant under the original timetable.

Environmental groups lambasted the regulators’ decision, saying it undercuts the state’s pollution standards. Ameren said the move was necessary to save jobs.

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This has been so needed for so long. America pivots from gasoline to natural gas. When will we get over that to something that makes sense.

http://www.chron.com/business/article/Natural-gas-wins-place-as-oil-field-fuel-3900742.php

Natural gas wins place as oil field fuel

By Zain Shauk | Thursday, September 27, 2012

The biggest, baddest engines in the world, long chained to diesel fuel, are on the verge of a mass transformation because of cheap natural gas – with oil field equipment holding particular potential, executives said Thursday during a summit of heavy fuel users and producers.

“Here’s the first reason that large engines are going gas,” said JoelFeucht, director of gas engine strategy for Caterpillar’s energy and power systems division. “Large engines burn the most fuel. I could try to make it harder, but that’s pretty straightforward.”

Oil companies alone use nearly 1.2 billion gallons of diesel fuel a year just for pressure pumping equipment that supports hydraulic fracturing, said David Hill, vice president of natural gas economy operations for Encana Corp. Adding the diesel used to power drilling rigs themselves, the total is more than 2.8 billion gallons annually, said Pierce Dehring, a project engineer for Baker Hughes.

 

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