note on the graphs used here

sometime during the third week of March, the St Louis Fed, home to the FRED graphs, changed their graphs to an interactive format, which apparently necessitated eliminating some of the incompatible options which we had used in creating our static graphs, and also left us with less options we had available and used before the upgrade...as a result, many of the FRED graphs we've included on this website previous to that date, all of which were all stored at the FRED site and which we'd always hyperlinked back there, were reformatted, which in many cases changed our bar graphs to line graphs, and some cases rendered them unreadable... however, you can still click the text links we've always used in referring to them to view versions of our graphs as interactive graphs on the FRED site, or in the case where an older graph has gone missing, click on the blank space where it had been in order to view it in the new format....





Thursday, December 13, 2012

got gas? oil well flaring as seen from space

below are pictures of the upper Midwest and Texas excerpted from the Earth at Night, which are cloud-free night images created from the Suomi NPP, a new NASA and NOAA satellite…encircled in the top photo is the light given off from flaring oil wells in the Bakken shale formation of N. Dakota and eastern Montana; the lower photo shows Texas at night, with the flaring from the oil fields in the Eagle Ford Shale region of Texas shown between the two red lines, with lights from major cities also marked for contrast...

when the oil shale is fracked, not only oil is liberated from the rock, but also a large amount of trapped natural gas, mostly methane, is released…with the energy value of the oil worth as much as 30 times that of the gas, the exploitation companies want no part of the delay involved in capturing the cheaper gas, and would rather burn it off than build the infrastructure to capture and transport to where it could be used; this gas ‘flaring’ is shown in the video from a well in N Dakota below…

as you can hear, the sound of that flaring is not unlike a jet engine, rattling neighbors, who can neither sleep nor use their yards…in addition to the waste of $110 million worth useful natural gas each year, this flaring is adding more than two million tons of carbon pollution to the atmosphere each year from N Dakota alone, where more than 100 million cubic feet of natural gas is flared this way each day, which is enough to heat half a million homes each day, more than the population of Minneapolis, which you can also see nearby in the top photo above…

6 comments:

  1. TRULY HOLY SHIT SITES


    followin some of the money

    Continental Resources (NYSE: CLR), for example, is involved in drilling activities in a number of U.S. shale plays, including the Bakken and Niobrara.
    Chart:
    http://stockcharts.com/h-sc/ui?s=CLR&p=D&b=5&g=0&id=p14591379949

    Rosetta Resources (NASDAQ: ROSE) also has shale assets in Eagle Ford and the Southern Alberta Basin.
    Chart:
    http://stockcharts.com/h-sc/ui?s=ROSE&p=D&b=5&g=0&id=p87441459124

    Encana (NYSE: ECA) is a solid, conservative natural gas producer who will benefit considerably from large increases in natural gas pricing.(yeah, fuck you seeking alpha)
    chart:
    http://stockcharts.com/h-sc/ui?s=ECA&p=D&b=5&g=0&id=p32510723252


    pretty fucked up how they pump the Natural Gas independence angle when the mother fuckers want nothing to do with it...an further destroy the 'dry' gas in a way that'll produce human zombies only Rob Zombie could love

    ReplyDelete
    Replies
    1. Insanity is thinking you know what you don't. These are not gas flares, they are lights on drilling rigs.

      Delete
    2. where's the rig lights from the 3850 rigs in the gulf

      http://3.bp.blogspot.com/_IefiplksVkM/S_pysQw15VI/AAAAAAAACXc/FvEVLcmzARQ/s1600/gulf_of_mexico_oil_platorms.jpg


      hmmmmmmmmmmmmmmmmmm
      http://blog.ucsusa.org/wp-content/uploads/2012/04/faraway-1024x749.jpg


      hike your ignorance back to your safehouse

      Delete
  2. released 4hrs ago...
    December 13, 2012

    UK gives green light to fracking

    By Pilita Clark, Financial Times

    The contentious practice of fracking for shale gas has been given the go-ahead in the UK, but only under stringent new rules that the country’s leading shale driller says will add “millions of dollars” to its production costs.

    The government decision was applauded by many in the energy industry who hope it will drive down gas prices by putting the country at the heart of what Prime Minister David Cameron this week described as a potential “shale gas revolution”.

    The growth of shale gas has transformed the energy landscape in the US, which pioneered fracking, by lowering gas prices and reversing the fortunes of some manufacturers.

    But the UK move also unleashed a wave of protests from environmental campaigners such as Friends of the Earth, which condemned what it said was a “reckless decision which threatens to contaminate our air and water and undermine national climate targets”.

    Green groups plan to lobby Conservative MPs in constituencies where fracking is likely. The upmarket Cheshire seat of Tatton represented by the chancellor, George Osborne, could potentially be affected, prompting one Liberal Democrat official to joke: “Most of the shale gas is under Tory constituencies, so we’ll see how much they like it when the drilling starts.”

    Fracking, or fracturing rocks to release natural gas trapped deep underground, was suspended last year after Cuadrilla, the only company to have started exploring for shale gas in the UK, triggered two small earthquakes in Lancashire.

    On Thursday, Ed Davey, the UK energy secretary, told reporters official studies had convinced him fracking could be done safely if strict guidelines were introduced to control and monitor it.

    Among the rules the UK will impose are a requirement for seismic activity to be closely monitored and a traffic light system that will halt operations if there are tremors above a “red light” magnitude 0.5.

    This is a relatively strict threshold but Mr Davey said he made “no apology” for taking such a cautious approach.

    “Fracking must be safe and the public must be confident that it is safe,” he said, adding the concerns people had about fracking in the US were “entirely reasonable”, even if many of the claims made about the dangers of fracking had not been substantiated.

    Francis Egan, Cuadrilla’s chief executive, told the FT his company had already started installing some 140 seismic monitoring devices in Lancashire, where it has a drilling licence covering 900 square miles from Fleetwood in the north down to Southport.

    The equipment will cost Cuadrilla “millions of dollars”, he said, declining to name an exact figure because of commercial sensitivities.

    But he said the company was eager to resume exploration that had already shown that “under Lancashire there is a belt of gas-filled shale over one mile thick”.

    Government officials say it is still unclear how much recoverable shale gas is actually present in the UK. Some analysts say it is unlikely to have the revolutionary impact seen in the US. Others believe it would be foolish to ignore the economic potential of anything that could boost the UK’s energy independence.

    “We welcome unreservedly this momentous decision which has potential to create jobs and enhance energy security in Europe,” said Mónica Cristina of Shale Gas Europe, the industry group.

    The US shale gas revolution is thought to have helped lower that country’s greenhouse gas emissions, because it has encouraged more use of gas than the dirtier option of coal. But some researchers claim that fugitive emissions of methane – a potent greenhouse gas – make shale gas production more harmful than its supporters claim.

    Mr Davey launched an inquiry on Thursday into the impact of shale gas extraction on emissions, led by experts including his department’s chief scientific adviser, Professor David Mackay.

    ReplyDelete
  3. they also create TORNADOES

    http://www.youtube.com/watch?v=Vt0FRsH49ZE&NR=1&feature=endscreen


    ReplyDelete
  4. Hello there! What a nice looking personal site you own! Did you create your blog on your own?

    ReplyDelete