Posts Tagged ‘oil’

$25 Billion for Imported Oil — In One Month!


That is correct — not million but billion, not in one year but in one month! That is how much the US spent on imported oil in September 2009.

For those concerned about the US economy or national security risks, T. Boone Pickens and data from the US Department of Energy’s Energy Information Administration (EIA) show us that foreign oil imports should be at the top of our list. We rely very heavily on foreign oil and send a good chunk of our money to other countries to supply us with that oil — $25 billion last month alone!

Take a closer look.

Scientists Researching How Plants Can Make Petroleum

As part of a National Science Foundation grant program to examine cutting edge ways to make nature work for us, a team of scientists at Iowa State University have been awarded $2 million to unravel how some plants and algae can make hydrocarbons and discover if the genes that govern that process might be isolated.

“These plants are capturing solar energy and creating something that’s chemically identical to petroleum,” said Jackie Shanks, Iowa State’s Manley R. Hoppe Professor of Chemical Engineering, in a statement.

Iraq Approves Plan to Make Ethanol From Rotten Surplus Dates

You might wonder why Iraq, one of the most oil-rich countries in the world, would want to invest in building up its biofuels sector. At first blush it seems like a stretch of resources for a country trying to recover after years of war.

However, In Iraq the agricultural sector has long been the dominant source of jobs. In fact, much of modern agriculture was developed in the Iraqi area over 7,000 years ago. With the recent devastation caused by the instability of war coupled with an extended drought, those jobs have disappeared. So, although Iraq does have the third largest oil reserves in the world, its agricultural sector is in many ways more important to its economic recovery.

Baboons, Giant Sable, Renewable Energy in South Africa, Jatropha & Flamingos - Followup on Recent Posts

Ecowordly Post

This post consists of a few lines and a link to what’s happened since some of my recent posts where there has been significant action. Each item is identified and linked by the date and title of the original post.

July 2009 - Sable Antelope - One Sold for $ 385 000 and Giant Species Rediscovered in Angola.

Three more Giant Sable Antelopes, have been sighted in Angola. This brings to six the number of this rare species, which was feared to have become extinct, that have been sited in the last few weeks.

July 2009 - Mauling of Baboon by “Fighting Dogs”, Reopens the Cape Peninsular Baboon Debate

Two men were attacked by Pit Bulls in Ocean View ,the same Township in Ocean View this week, prompting a warning from welfare group TEARS.

Well Duh: Relaxed Regulations and Exploding Speculation Cause Wildly Fluctuating Gas Prices

But from an another point of view, are wild oil price fluctuations really all that bad?

In my experience, it doesn’t take a higher degree and advanced knowledge of oil economics to see that rampant speculation is behind the crazy swings in oil prices we’ve seen in recent years. Even so, it’s a topic that economists and pundits have debated ad nauseum.

In what may be one of the most exhaustive analyses of the issues surrounding the murky field to date, Rice University researchers from the Baker Institute for Public Policy have released a new policy paper — “Who is in the Oil Futures Market and How Has It Changed?” — aimed at setting the record as straight as can be.

Bearing Witness: Why A Small Film Called Crude Matters in a $27 Billion Lawsuit Against Chevron

Editor’s Note: This is a guest post by filmmaker Joe Berlinger, director of Crude. For more information visit the Crude film website.

During the summer of 2005, a charismatic American environmental lawyer named Steven Donziger knocked on my Manhattan office door. He was running a $27 billion class-action lawsuit on behalf of 30,000 Ecuadorean inhabitants of the Amazon rainforest and was looking for a filmmaker to tell his clients’ story.

Since I am not known as an environmental filmmaker — my last film, “Metallica: Some Kind of Monster,” was a warts-and-all portrait of a heavy metal band in crisis — I was a little surprised that Donziger had sought me out to me to make his pitch.

The story the lawyer told me was indeed shocking: From the mid-1960s until the early 1990s, Texaco (now Chevron) dumped 18 billion gallons of oil and toxic waste into the Amazon rainforest of Ecuador, creating a 1,700-square-mile “cancer death zone” the size of Rhode Island. The plaintiffs he represented alleged that birth defects, leukemia, miscarriages and other ailments were plaguing the people of the region, and the Amazon itself — one of the few places on Earth to survive the last ice age — was gasping for breath under the strain of oil exploitation.

Joule Biotech Sun-Powered Fuel - Biofuel vs Solar PV

Algae Biofuel Joule Biotech

This post was written by Paul O’Callaghan, founding CEO of the Clean Tech consultancy, O2 Environmental Inc. and lecturer on Sustainable Energy at the BC Institute of Technology.
There was much furore recently surrounding the story ‘Joule Biotech comes out of stealth with sun-powered biofuel’.

The premise is that the technology can take solar energy and use it to convert carbon dioxide directly into fuel. A one stop-shop to soak up carbon dioxide and produce a biofuel.

Having dug into it a little, the conclusion I came to is that it’s not as radical as it sounds. It is basically directed photosynthesis: same principle as oil from algae, or biofuels. The overall efficiencies are likely to be 10 times lower than that from solar PV processes, but, in terms of where biofuels are heading, it is on the right track.

Could “Fossil Free” Fossil Fuels Be in Our Future?

Our race to find alternative fuels is critical not only because gasoline-powered vehicles emit lots of CO2–it’s also important because we’re running out of the sticky stuff. But what if the Earth could produce fossil fuels without the fossils?

Algae Oil Running in Big Rigs, With Small Emissions

Pond scum just got an upgrade.

SunEco Energy is working with J.B. Hunt Transport Services, a leading transportation company, to run trucks on biodiesel mixed with algae oil.

SunEco says a blend of 20 percent and 50 percent algae oil with petroleum biodiesel has cut particulate emissions by 82 percent.

Grow Corn to Power Biomass Power Plant to Power EVs, not Ethanol

ethanol vs. biomass

A lot of concern has been expressed about ethanol.  From the overuse of antibiotics to watering down Waxman-Markey in support of corn farmers, it is questionable as to whether ethanol is the solution America needs for its foreign oil dependency. Thomas R. Blakeslee of the Clearlight Foundation thinks we are better off using corn for Combined Heat and Power (CHP) biomass power plants to run electric vehicles rather than converting it to ethanol.

New Study Shows Air Pollution Lowers IQ

Air Pollution

As a pollutant polycyclic aromatic hydrocarbons (or PAH’s as we call them in the business), are of concern because they have been identified as carcinogenic, mutagenic, and teratogenic (not good things if you were wondering). PAHs are created as a byproduct of the burning of coal, oil, and fossil fuels. Often they are of concern in urban areas where there is a higher carbon footprint, and it forms that nice cloud of yellow smoke you see floating over some of your major cities.

Now, new research out of Columbia University is showing that exposure to PAHs, can reduce neonate’s intelligence. The study performed in New York city where PAHs are in no short demand, showed IQ scores that were 4.31 and 4.67 points lower, respectively than those of less exposed children.

Advertisement