Remove 2014 Remove Oil Prices Remove Water
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Increase in US rig count will not cap oil prices

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The impact of rising oil prices on North American light tight oil (LTO) production is said to be a “Catch 22”, the title of Joseph Heller’s popular 1961 novel set in WWII. Too many analysts continue to believe drilling and service has the same problem with rising oil prices. by David Yager for Oilprice.com.

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$10-Trillion Investment Needed To Avoid Massive Oil Price Spike Says OPEC

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The OPEC published its World Oil Outlook 2015 (WOO) in late December, which struck a much more pessimistic note on the state of oil markets than in the past. On the one hand, OPEC does not see oil prices returning to triple-digit territory within the next 25 years, a strikingly bearish conclusion.

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Opinion: Consumers winning with low oil prices, for now

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Lest we be too quick to forget whence we came, America is now 9-months into lower gasoline prices, which started their swoon the week of June 30, 2015 from a lofty national average just under $3.70, tumbling almost every subsequent week before bottoming and bouncing from $2.02 the end of January, according to gasbuddy.com.

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Forecast: Algae-Based Biofuels Production to Reach 61M Gallons per Year by 2020

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The European Union (EU) market, which is home to about 30% of algae activity, will be limited initially by the industry’s focus on university research, and later by insufficient access to water, land, and nutrient sources. Ultimately, algae potential is greatest in regions where there is an abundance of land, water, and sunlight.

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IHS Markit: conventional oil & gas discoveries at lowest levels in 70 years; major rebound unlikely

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The low levels in discoveries come as a result of a pullback during the past 10 years in the wildcat drilling that targets conventional oil and gas plays—most drastically after oil prices collapsed in 2014. —Keith King, senior advisor at IHS Markit and a lead author of the IHS Markit E&P trends analysis.

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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

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A continuing sharp decline in technology costs—particularly in solar but also in wind—meant that every dollar invested in renewable energy bought significantly more generating capacity in 2014. A key feature of the 2014 result was the rapid expansion of renewables into new markets in developing countries.

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PNAS study finds Vertimass CADO efficient way to convert ethanol to biohydrocarbons; 40 to 96% reduction in GHGs, based on feedstock

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Vertimass originally licensed the technology from Oak Ridge National Laboratory (ORNL) in 2014. Block flow diagram illustrating (top) water removal from wet ethanol vapor above the feed tray to produce pure fuel grade ethanol or (bottom) CADO of the same wet ethanol to fungible blendstocks. Earlier post.). HE = heat exchangers.

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