From EIA. Prudhoe Bay also “reversed the decline in domestic oil production” at one point.
Filed under: Uncategorized | Tags: energy, Japan, offshore wind energy, renewable energy, turbines, wind energy, wind power, wind turbines, windmills
Floating windmills offshore Japan.
The biggest challenge in erecting floating turbines offshore is ensuring the buoyancy mechanisms are stable, and getting fixed lines to the sea floor which can be extended to depths of 200 meters (656 feet).
Filed under: Uncategorized | Tags: Altaeros, alternative energy, AWT, green energy, wind energy, wind power, wind turbines
A giant kite that captures wind energy. Well, more like a tube-shaped blimp, as it’s helium-filled, although it is tied to the ground.
From a recent press release from Altaeros Energies:
The AWT uses a helium-filled, inflatable shell to ascend to higher altitudes where winds are more consistent and over five times stronger than those reached by traditional tower-mounted turbines. Strong tethers hold the AWT steady and send electricity down to the ground.
Filed under: Uncategorized | Tags: Baker Hughes, drilling rigs, Early Warning, energy, fracking, gas production, Natural gas, oil production, Staniford
Filed under: Uncategorized | Tags: Ali Naimi, energy, James Hamilton, oil consumption, oil demand, oil production, peak oil
“There is no rational reason for high oil prices,” writes Ali Naimi, Saudi Arabian Minister of Petroleum and Mineral Resources, in today’s Financial Times. Well, I can think of one– if oil prices were lower, the world would want to consume more than is currently being produced.
Filed under: Uncategorized | Tags: air supply, available net exports, China, Chinese oil production, Darwinian, net exports, Oil Drum, oil production, oil supply
Filed under: Uncategorized | Tags: available net exports, China, China oil imports, India, India oil imports, Iran, Iran oil exports, Iran sanctions, Iranian oil
Closer relations between Iran, India and China; creation of new financial networks to bypass the West. The inability to control Iran through non-military means may make military action more likely.
India and China on Wednesday indicated that they will continue to maintain normal relations with Iran, while citing high crude oil prices and energy security concerns.
The Chinese Commerce Minister, Mr Chen Deming, said China respects all the United Nations resolutions.
However, in a veiled reference to the US sanctions on Iran, he added that Beijing is not obliged to follow the domestic rules and regulations of any particular country.