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Category Archives: Energy
More Deepwater Horizon BOP details.
Deepwater Horizon BOP details from the NY Times. Recaps a lot of existing details and adds in many new parts of the story. The area where my nose twitches is the line that “today’s drill pipes” are twice as strong … Continue reading
Posted in Energy
2 Comments
Why globalism matters – or more to the p…
Why globalism matters – or more to the point, why nationalism is still important. First, a brief recap of the history of BP. The ancestors of BP begin when oil is discovered in Iran in 1908. British Petroleum was owned … Continue reading
Posted in Energy, Global Finance
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The Hydrate extinction event 8000 years ago…….
The Hydrate extinction event 8000 years ago…. As if you didn’t have enough to worry about. Hydrates form from carbon gases (like Methane and CO2) coming in contact with water under high pressure and low temperatures (like at the bottom … Continue reading
Posted in Energy
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What if it is impossible to stop the oil…
What if it is impossible to stop the oil leak? National Review Online’s Derb Radio asks that question. http://radio.nationalreview.com/radioderb/ John Derbyshire is very thoughtful, and you have to listen carefully and tolerate dry English humour and irony. His research seems … Continue reading
Posted in Energy
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Today’s pop quiz – other than ratings, …
Today’s pop quiz – other than ratings, what motivation would “conservative” Fox News have for exaggerating the environmental damage from the BP well blowout? Hint: Fox News is part of News Corp Hint #2: Fox News did the same thing … Continue reading
How do you drill a relief well, and do i…
How do you drill a relief well, and do it so it actually “hits” the well you’re trying to plug? The Answer What they do is put an electric charge on the leaking well – that creates a magnetic field … Continue reading
Posted in Energy
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Sequestration – that’s one of the main …
Sequestration – that’s one of the main reasons “big oil” is supporting Cap and Trade. They’ll be able to sell on the CO2 market since they use CO2 extensively to inject it into old oil fields to sustain pressure in … Continue reading
Posted in Energy, Global Finance
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Reports that BP is hiring Goldman Sachs …
Reports that BP is hiring Goldman Sachs to fend off any hostile takeover because their stock price has fallen if you happen to believe that Goldman Sachs is defacto an agent of the US Government (or vice versa), they have … Continue reading
Posted in Energy, Global Finance, Obama Nation
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Oil spill at 21,000 gallons…. Oh, not …
Oil spill at 21,000 gallons…. Oh, not THAT oil spill. A 10 inch diameter underground pipeline near Salt Lake City run by Chevron sprung a leak… Oh, and in North Carolina, a storage tank in a tank farm run by … Continue reading
Posted in Energy, State of Fear-mongering
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The next BP eruption…. just wait until…
The next BP eruption…. just wait until Congress realizes the more they make BP pay, the smaller BP’s income will be – and since the U.S. has such a stiff corporate income tax rate – about half of the cost … Continue reading
Let’s say you own a state of the art De…
Let’s say you own a state of the art Deepwater drilling rig. You’re not a U.S. Corporation, your rig is not registered as a U.S. ship, you have never drilled in United States waters. You hear the Attorney General talking … Continue reading
Posted in Energy
2 Comments
The question nobody is asking (yet) – wh…
The question nobody is asking (yet) – what happens if the Gulf of Mexico was hit with a moderate earthquake under the current scenario? We have a drilling ship tethered to a mile long piece of pipe cobbled to the … Continue reading
Posted in Energy
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Looking for the tipping point? Here is o…
Looking for the tipping point? Here is one to think about. One of the first things President Obama did after taking office was returning a statue of Winston Churchill to England. Part of the explanation is his anger at the … Continue reading
Posted in American Politics, Energy, State of Fear-mongering
5 Comments
Comparing BP flow rates is flawed thinki…
Comparing BP flow rates is flawed thinking for at least two reasons. For the first 40+ days, the flows were coming from three partial holes in the pipe, not a completely open stub. Without the riser, water pressure was holding … Continue reading
Posted in Energy
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The moment of truth appoaches…. the LM…
The moment of truth appoaches…. the LMRP is going to be connected up shortly – it will latch underneath the flanges that joined the original riser to the BOP – all standard off-the-shelf stuff. We should know before tomorrow if … Continue reading
Posted in Energy
4 Comments