Unconventional gas disrupts the energy situation

[plasmanu]

The chorus is heavy to force.
But there is real ladedans


Greenanarchy in power !!!

[moinsdewatt]

Shale gas boost industrial investment in the United States

Factory New 11 Oct 2012

The United States will invest 400 billions of dollars in the next five years through shale gas and create up to 5 million jobs.

The numbers are enough to make dream a Old Continent to the sluggish economy. According to the US consulting firm ATKearney, shale gas will stimulate 400 billion euros of industrial investment by 5 years in the United States, mainly divided between energy and chemistry.

These two sectors are the main beneficiaries because the production of a shale gas well breaks down into natural gas (90% approximately), ethane, propane, butane and oil. If the last three are indexed to world crude oil prices and therefore follow an uptrend, the first two, gas and ethane, see their price fall. Gas is energy. Ethane, chemistry.

Electricity production is experiencing a real turnaround. America's fleet of coal-fired power plants has a power output of 305,7 gigawatts (GW), nearly half of which comes from plants 40 to 80 years old. Electricians have to decide between committing to heavy renovation work or building new power plants… using gas. An arbitration became easy: 40 billion dollars of new gas power plant projects are already underway. And as gas emits less CO2 than coal, "the United States will respect the Kyoto commitments (on CO2 emission reductions) without doing anything for", laughs Hervé Wilczynski, head of the Dallas office .

More competitive than China!

In chemicals, the price of ethane is below $ 10 per MBTU (the standard unit of measurement for gas volume) across the Atlantic, compared to almost $ 5 in the Middle East and $ 14 in China. “The United States is more competitive than China on a raw material!” Exclaims David Richards, head of the Paris office. 40 billion euros of investments in ethylene crackers are already relevant. "European chemicals will be drowned between the competitiveness of the Middle East and that of the United States", warns Hervé Wilczynski.

In total, the American shale gas will generate 200 billions of dollars of investments in the upstream (drilling, exploitation ...) and almost 200 billion in the downstream, distributed as follows: 75 billion in the production of electricity, 50 billion for gas liquefaction, 40 billion in the chemical industry, and 20 billion in gas infrastructure. With, according to ATKearney, 250 billion euros of economic value added by 2020 and the creation of 1,8 million direct jobs. Including jobs induced throughout the industry, this figure rises to 5 million.

Unsustainable gas prices for oil tankers

These forecasts are, however, subject to a certain uncertainty: the evolution of gas prices in North America, which are today untenable for the oil industry. The influx of shale gas has pushed prices below $ 3 per MBTU. A price well below the producers' break-even point. Only wells that co-produce petroleum and liquefied oils make money. "It is the co-production that maintains the shale gas activity in the United States," even says Hervé Wilczynski. This economic imbalance persists as American oil companies have reduced their drilling costs by 60% in two years.

Prices should rise slowly thanks to the export of gas from liquefaction terminals. They could stabilize in 2020 around 6 at 8 dollars the MBTU. But today, the manufacture of these liquefaction terminals is a debate. The tankers push in this direction, the chemists oppose it to maintain low prices. On the other hand, part of the political class believes that natural gas, like crude oil, is a strategic resource that should not be exported. The result of the presidential election will be decisive. Republicans are pushing for exports while Democrats aim to keep prices low in the country. A dilemma that many European leaders would like to face.

http://www.usinenouvelle.com/article/le ... is.N183863]

[Flytox]

Go! , a new layer of misinformation, thank you moinsdewatt:

Shale gas boost industrial investment in the United States

Factory New 11 Oct 2012

http://www.usinenouvelle.com/article/le ... N183863%5D

The United States will invest 400 billions of dollars in the next five years through shale gas and create up to 5 million jobs.

And this is not to mention the boost to the hospital industry, mortuaries and other gravediggers seen the number of deaths caused by the destruction of water tables of entire regions, agriculture, ecosystems etc ....

The numbers are enough to make dream a Old Continent to the sluggish economy. According to the US consulting firm ATKearney, shale gas will stimulate 400 billion euros of industrial investment by 5 years in the United States, mainly divided between energy and chemistry.

It's beautiful dreams, you imagine, this type handle that will fatten astronomically (the American dream what ...) and who will save our old continent, exporting their destruction methods and supporting the biggest polluters. We can understand all those who envy our world / civilization ....

The production of electricity is experiencing a real reversal. The US fleet of coal-fired power plants has a power of 305,7 gigawatts (GW), nearly half of which comes from older plants 40 to 80 years. Electricians must arbitrate between the commitment of heavy renovation work or the construction of new gas ... plants. An arbitration has become easy: 40 billion new gas projects are already underway.

And as gas emits less CO2 than coal, "the United States will respect the Kyoto commitments (on CO2 emission reductions) without doing anything for", laughs Hervé Wilczynski, head of the Dallas office

.

If in addition it is a gesture to emit less greenhouse gases ...... put the Ricans on the way of the commitments of kyoto, so we are saved !!!!

In chemicals, the price of ethane is below $ 10 per MBTU (the standard unit of measurement for gas volume) across the Atlantic, compared to almost $ 5 in the Middle East and $ 14 in China. “The United States is more competitive than China on a raw material!” Exclaims David Richards, head of the Paris office. 40 billion euros of investments in ethylene crackers are already topical. "European chemistry will be drowned between the competitiveness of the Middle East and that of the United States", warns Hervé Wilczynski.

Indeed the race to destroy the biosphere is severe between China, the US and Europe .... What a suspense! Who will win ?

In total, the American shale gas will generate 200 billions of dollars of investments in the upstream (drilling, exploitation ...) and almost 200 billion in the downstream, distributed as follows: 75 billion in the production of electricity, 50 billion for gas liquefaction, 40 billion in the chemical industry, and 20 billion in gas infrastructure. With, according to ATKearney, 250 billion euros of economic value added by 2020 and creating 1,8 million direct jobs. Including jobs induced throughout the industry, this figure climbs to 5 million.

They forget to count, the destruction of jobs in the corresponding oil industry, but in any case saw the mortality that will skyrocket, it will definitely help to reduce our unemployment rates really excessive in Europe.

Prices should rise slowly thanks to the export of gas from liquefaction terminals. They could stabilize in 2020 around 6 at 8 dollars the MBTU. But today, the manufacture of these liquefaction terminals is a debate. The tankers push in this direction, the chemists oppose it to maintain low prices. On the other hand, part of the political class believes that natural gas, like crude oil, is a strategic resource that should not be exported. The result of the presidential election will be decisive. Republicans are pushing for exports while Democrats aim to keep prices low in the country. A dilemma that many European leaders would like to face.

Indeed, the only real problem who can stay is the price of MBTU and if the next US president will consider it as a strategic export toy ....

Really this duck falls a little lower every day "The factory without a future" should suit him better.

[chatelot16]

with the oil or the simple gas, it is pumped and when there is more we have not done too much harm to the earth

with this shale pigmery we send tons of crap to get some oil out for a few years ... and then for centuries after the piggy we sent will broadcast in the water table ... not only it does not will have more oil but more drinking water!

[dedeleco]

Yes, the earth is stuffed with fossil fuels, accumulated since 600 millions of years of carbon burial of living beings, who have provided oxygen (19% and more sometimes) that allowed breathing, oxygen renewed every 200 thousand years approximately, which makes life 600 / 0,2 = 3000 times more carbon, than it takes to burn all the oxygen in our atmosphere, maintained by life, during these 600millions of years !!

So, it's still in the ground quite a lot, and we have with certainty, underground much more than it takes to burn all this oxygen and suffocate us, after having multiplied CO2 by 10 (very easy since it happened spontaneously 56 million years ago) by releasing some of the CH4 from the seabed), after having made the seas of 70m rise in a millennium, that is to say having drowned all our big cities, except for rare ones like Mexico !!
It is also a reality that occurred between 18000 years and 8000 years, raising the seas of 120m and it still remains in reserve 70m to return to the level of 10 million years ago !!

So to continue shamelessly exploiting these fossil fuels, like crazy, obsessed shadoks, is pure long-term madness, deniers of reality, for our children, with the irrecoverable pollutions of our earth, in depth and on the surface.

You have a real solution to multiply, operating at www.dlsc.ca which knots avoids this madness and it is not repellent to insist on this effective solution without CO2, without pollution, free in perpetuity, with good performance, etc.

[sen-no-sen]

with this shale pigmery we send tons of crap to get some oil out for a few years ... and then for centuries after the piggy we sent will broadcast in the water table ... not only it does not will have more oil but more drinking water!

That's the point!
Once water tables are polluted, water treatment companies will have a great time!
The business of the 21 centuries will consist in selling pseudo-solutions ($$$) to the manufactured problems ... the bank wins in both cases!

[dedeleco]

And it will only be too late, in the XNIXXth century, even 22, the solution of www.dlsc.ca, simple, perpetual without CO2, free,
to save the planet, with the Netherlands under water, New York gone, the Blangadesh gone, etc ... too late, like Atlantis, with 10 times more C02 than currently, the seas rising inexorably on this millennium from 30 to 70m, without being able to do anything !!, similar to what happened 14000 years ago, without CO2, just with a second trigger of CO2 and more !!

[dedeleco]

And we begin to have real US tornadoes that cross cities in France on beautiful lengths, which become less rare!
Marseille, and elsewhere.

[moinsdewatt]

Oh it makes you react ......

another one for the evening:

Official: Poland embarks on the exploitation of shale gas

15 Oct 2012 enerzine

Polish Treasury Minister Mikolaj Budzanowski announced on Saturday that his country would spend 5 billion zlotys (about 1,2 billion) on shale gas for the next two years.
Among these investments, "409 million euros come from an agreement signed last July by 5 large Polish groups in the energy and mining sector for the exploitation of shale gas fields", commented the Minister.

"Given the end in 2022 of the Russian gas contract, we must be prepared very concretely three years earlier to significantly increase the exploitation of our own gas fields. This requires expenditure on the part of the State, but also private investors, ”he added.

Moreover, it is learned that by 2020, investments in shale gas in Poland will amount to 50 billion zlotys, or 12,5 billion euros. Poland consumes about 14 billion cubic meters of gas per year, of which 2 / 3 are imported from Russia.

If recent estimates prove accurate, the country would have exploitable deposits estimated at 1.920 billion cubic meters. According to the National Institute of Geology, these deposits would make Poland the third richest European country in gas, behind Norway and the Netherlands. These shale gas resources could significantly increase the proven reserves of the European Union, and reduce gas imports from Russia.

Commercial exploitation of these deposits could start from 2014.

This announcement comes as controversy continues to rage over the extraction method. Indeed, hydraulic fracturing is singled out for its environmental impacts that seem greater than expected (pollution of water, air and soil, and impacts on health and climate).

This method consists of injecting into the well, at very high pressure and via a suitable conduit, a mixture of water, sand and additives. Commonly used in the United States, hydraulic fracturing has been banned in other European countries such as France and Bulgaria, while Romania has announced a moratorium.

http://www.enerzine.com/12/14589+offici ... iste+.html

[Flytox]

This Poland, between the wars, the communism and soon the pollution ..... it is a country cursed by the Gods ....