Monday, July 15, 2013

Ethanol is Insane and politicians Outside the Beltway are finally fighting it

by: posted date: July 12, 2013 in: Global News, North America

Of slate

By Ari LeVaux

The fact that most of the ethanol is made from corn means an increase in ethanol-blended gas could create or worsen, a variety of problems, such as rising food prices and high concentrations of atmospheric carbon dioxide. Ethanol production has also been linked to the spread of a dangerous form of e. e. coli.

But some States have shown that federal support for ethanol seems to be as irresistible as it is erroneous, the kind of the spine which could lead us towards an energy policy more intelligent. In June, Florida repealed its renewable fuels standard, including the mandate of this gasoline containing 10% ethanol. And in may, Maine Lawmakers approved a bill prohibiting the ethanol in gas and has asked the federal Government to do the same thing.

Republicans on the House Maine post the following on Maine.gov:

«[E] vidence that monte ethanol is a failure in almost every sense.» It takes more energy to produce it that provides the fuel. Food supplies from around the world have been disrupted because much of the corn crop goes to ethanol now. It costs taxpayers to billions of dollars in subsidies at a time when our nation is already 12 trillion $ debt. Even environmentalists have turned against her; Research shows that the production of ethanol increases the amount of carbon dioxide released into the atmosphere."

Democrat of Maine have voted and denounced ethanol as well. In fact, "bipartisan" begins to describe the diversity of opposition to ethanol. The many problems of fuel ethanol combined an orgy of strange bedfellows, including the oil lobby, environmentalists, gourmets, culinary, auto enthusiasts robots (cars do not like ethanol, either) and citizens of all political bents - basically everyone outside the corn belt and Beltway in D.C..

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More oil than ever shipping by rail

CNN

By Steve Hargreaves

With US oil production pipelines and growing operating at full capacity, the amount of oil transported by wagon jumped in the first six months of the year - jump of 48%.

And in the light of generally more important to put oil on the market - and derailment and explosion a train carrying oil to the Canada earlier this week, which killed at least 24 people, the goal is now on security.

Oil by rail deliveries totaled 355 933 carloads in the first half of this year, according to recent data from the Association of American Railroads. That happened only 5 358 carloads during the same period in 2009.

The rapid increase in rail transport oil is directly related to the boom in American oil production in places like Bakken Shale in North Dakota and Texas Eagle Ford. Most of rail shipments is expected to come from North Dakota. They are usually bound for refineries, along the coast and the Gulf Coast of the United States and the Canada.

Although oil transport by rail is usually more expensive than moving by pipeline or ship for long and the time of construction of pipelines pushed cars into service.

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OPEC sees oil demand down again

Voice of America News

By Joe DeCapua

Demand for crude oil from the OPEC countries is expected to decline again next year, as independent producers, including the United States, increase their supplies.

Times are changing gradually for OPEC, the Organization of the petroleum exporting countries. Its own surveys show how the global marketplace is changing as oil production increases.

"They calculate the supply from non-OPEC producers and they calculate global demand and therefore they calculate what remains of the pie for OPEC. The problem is that rest of the cake decreases next year because supply from independent producers - particularly the United States, but not only - increasing more rapidly that the application. So, essentially the leaves less of the market of OPEC next year, "said Richard Swan, Editorial Director of the new world of oil at Platts, key information providers on energy, petrochemicals, metals and agriculture.

OPEC estimates the demand for its crude oil next year will be around 29.6 million barrels per day. Swan said that it's about 1 million barrels per day below current production.

"That is potentially problematic for them."It implies that, at the current rate of production, they are over-supplying the market, said.

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Oil production of Brazil ANP sees million barrels per day to Libra

The Wall Street Journal

By Paul Kiernan

Studies conducted by the National Office of hydrocarbons from the Brazil or PDA show that peak occurred on the site of the offshore Libra oil nation is expected to reach 1 million barrels of oil per day, Director-general of the ANP Magda Jamil said at a Friday press conference.

The current average production of oil at the Brazil is just below 2 million barrels per day.

Ms. Chambriard Friday reaffirmed the key features of the auction of oil to balance development sites. It auction is scheduled for 21 October in Rio de Janeiro. This will be the first auction of oil development sites in the region known as the pre-salt, offshore area with oil ultradeep reserves.

Balance sites auction will rely on new rules that guarantee greater participation of State oil giant Petrobras (PBR, PETR4.BR) than previous auctions, which have sites outside the pre-salt region.

Ms. Chambriard repeated these recent statements by other Brazilian officials, indicating that the Brazilian Government expects to collect about 75% of all the possible development of balance profit and other sites pre-salt to auctions in the future.

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Sunday, July 14, 2013

Japan utilities use less oil on the restart of nuclear power, new coal units

Bloomberg

by Tsuyoshi Yinajima

Utility of Japan has used less crude and fuel oil in June as the operation of two nuclear reactors and new units to coal helped to reduce the reliance on more expensive sources.

10 Regional electricity consumed about Japan 770,000 kiloliters of crude in June, down 27% from the previous year, according to data released today by the Federation of electric power Cos. of Japan. Use of oil has fallen by 37% to approximately 744 000 kilolitres, data show.

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OPEC To Boost Shipments By Most This Year, Oil Movements Says

Bloomberg

by Grant Smith

The Organization of petroleum exporting countries will increase shipments by the most this year that demand for the summer to drive fuel in the northern hemisphere approaches its peak, according to the movement of oil.

The group, which provides about 40% of the world's oil, will ship 24.32 million barrels per day in the four weeks that July 27, upwards by 630,000 barrels, or 2.7%, from 23,69 million in the period to June 29, the oil tracker said today in a report sent by e-mail. It is the largest gain in 2013 and brings exports to near their highest level of the year, according to the consultant. The figures exclude two of the 12 members of OPEC, Angola and Ecuador.

«Wholesale c'est ça, the interval between mid-July and early August, is when the peak occurs,» Roy Mason, founder of the company, said by telephone from Halifax, England. "There are certainly a revival in refining after extended service and weak demand in the second quarter. Much is going to the East, but there are enormously goes West. »

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Oil 'Exploration' work of the India to back Viet Nam

Of The Times Of India

NEW DELHI: Because finally, China agreed to the dialogue for a Code of conduct in the South China Sea, Viet Nam continues to strongly back work "prospecting and exploitation" by the India in parts of the region entering the exclusive economic zone of the Viet Nam.

After their 15th Commission meeting joint here, the two countries also signed an agreement for a credit line of 19.5 million $ that the India extend to the Viet Nam.

After the meeting with his Indian counterpart, Minister of Foreign Affairs Vietnamese Pham Binh Minh, said both sides discussed South and East China seas, accepting that the right of the United Nations on freedom of navigation on the high seas must be respected.

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