Archives de catégorie : press and newspapers

OPEC’s Oil Price Nightmare Is Coming True

by Julian Lee, February 11, 2018 in BloombergGadlfy


The latest surge in U.S. oil output will probably hasten the country’s rise to the top of the producer pile. More important, it’s starting to look as though at least half of OPEC’s nightmare scenario for 2018 — a surge in shale output and slowdown in demand growth — is coming true.

Last week’s avalanche of releases from the U.S. Department of Energy showed daily oil production above 10 million barrels a day for the first time since 1970.

U.S. on Track to Top Russia as World’s Largest Oil Producer, Upending Global Trade and Geopolitics

by Haaretz and Reuters, January 29, 2018


Surging shale production is poised to continue pushing U.S. oil output to more than 10 million barrels per day – toppling a record set in 1970 and crossing a threshold few could have imagined even a decade ago. The U.S. government forecasts that the nation’s production will climb to 11 million barrels a day by late 2019, a level that would rival Russia, the world’s top producer.

(…)

New technology, new fields

The next phase of shale output growth depends on techniques to squeeze more oil from each well. Companies are now putting sensors on drill bits to more precisely access oil deposits, using artificial intelligence and remote operators to get the most out of equipment and trained engineers.

GREEN MYTH EXPOSED: CHINA’S CO2 EMISSIONS JUMPED BY 4% LAST YEAR

by The New York Times, January 26, 2018 in GWPF


Experts say one annual increase doesn’t indicate China is returning to an era when its emissions grew by leaps and bounds. But the increase illustrates the challenges and compromises Beijing must juggle if it wants to stoke its economy and at the same time keep its environmental promises. […]

See also here and  here

Oil Boom Gives the U.S. a New Edge in Energy and Diplomacy

by Clifford Krauss, January 28, 2018 in TheNewYorkTimes


HOUSTON — A substantial rise in oil prices in recent months has led to a resurgence in American oil production, enabling the country to challenge the dominance of Saudi Arabia and dampen price pressures at the pump.

The success has come in the face of efforts by Saudi Arabia and its oil allies to undercut the shale drilling spree in the United States. Those strategies backfired and ultimately ended up benefiting the oil industry.

Overcoming three years of slumping prices proved the resiliency of the shale boom. Energy companies and their financial backers were able to weather market turmoil — and the maneuvers of the global oil cartel — by adjusting exploration and extraction techniques.

Les émissions de CO2 augmenteraient de 50 % d’ici 2030 si les centrales nucléaires fermaient

by Le Vif Express, 9 décembre 2017


La fermeture des centrales nucléaires belges pourrait entraîner une augmentation de 50% des émissions de CO2 liées à la production d’énergie d’ici 2030, selon le professeur d’économie Johan Albrecht (UGent – Université de Gand), qui est également membre de l’institut de réflexion Itinera. Cela alors que le gouvernement fédéral et les entités fédérées doivent négocier dans les semaines à venir le Pacte énergétique, qui doit fixer l’avenir de la production d’électricité en Belgique.

Sharks FREEZE and Niagara Falls turns to ice as US temperatures hit staggering -37 degrees

by Will Kirby, December 31, 2017 in SundayExpress


More than 220 million Americans are preparing for the coldest New Year in living memory as the cold snap that has swept across the northern states prompts chaos across the country.

Temperatures atop the highest peak in the north-east, Mount Washington, hit a shocking -37 degrees celsius – breaking the previous record at the Mount Washington Observatory in New Hampshire of -35C which was set in 1933.

NINE YEARS AGO… Al Gore Predicted North Pole Would Be Completely Ice Free by Today

by Jim Hoft, December 28, 2017 in GatewayPundit


NINE YEARS AGO THIS MONTH—
Al Gore predicted the North Polar Ice Cap would be completely ice free in five years.
Gore made the prediction to a German audience in 2008. He told them that “the entire North ‘polarized’ cap will disappear in 5 years.”

This wasn’t the only time Gore made his ice-free prediction. Gore’s been predicting this since 2007.

See also here