埃德蒙顿华人社区-Edmonton China

 找回密码
 注册
查看: 1896|回复: 0

[其他] Interesting article about Oil

[复制链接]
鲜花(0) 鸡蛋(0)
发表于 2009-1-13 18:58 | 显示全部楼层 |阅读模式
老杨团队,追求完美;客户至上,服务到位!
--------------------------------------------------------------------------------: I2 }5 G' Y" Z- ]
Below is an Interesting article I found, which says that.....Do not % \6 [1 P7 K  N2 C) H1 r
expect much from Crude Oil producers and future is not with the
+ V! q! B' [9 I' Rcompanies producing Jet fuels but Biofuels. Also no wonder if some of   J% q5 h% q; s2 S6 Q5 C; s( E
these oil producer will go bankrupt or out of the business even if
8 ?: s7 I: K; q; X/ x: J' Ecrude prices improves. This implies also to good names such as Shell,
, x( N1 _; K( W! l! rEXXON, BG, BP, Cheveron ....xyz.. oils 4 J7 n2 t0 B5 t5 ^0 U3 Z

7 S8 G# ~9 y4 W* _1 g4 HRecently OPEC reduced crude oil production twice over just a few ! p0 k# e- _- j' T* x6 I
months. There are three wars going on in Gaza, Iraq and Afghandistan.
8 J7 v# N+ {" m& w. b! x& bA year ago these things would have spiked the price of crude oil by at
7 A! c0 p- ~9 k+ k% f" A8 o1 s7 fleast $50.00 per barrel. Today, oil price declined by a record amount.
  k* k0 p8 S2 U! k  b5 l5 C3 b  ]; A! U' [* ]6 q
7 G( {; g- g8 z* N$ l
There are several reasons the price of oil is decreasing in the face ( ]9 J1 O' i5 j2 E( P( v6 n
of so much news. These reasons are:
- y/ L/ K" G$ Z4 F4 j
; \* l: S& C, m% {, s
' p  K3 m( I& F2 G1. New oil has been found in Canada, Montana, North & South Dakota and % u" L) E4 e7 `5 _8 q4 k) V
in the ocean near Brazil. Each of these oil fields has more oil than 7 [7 c9 O  J0 R- |- t6 x9 U
Arabia.
$ `( r6 Z- U0 y4 s1 O; U
  u8 e7 A' T- ]  V) ~% M, ]  X6 d  V! ^: j* _* @
2. New natural gas has been found in Pennsylvania and West Virginia.
( B2 }- }- U7 a& IThis is the largest find in North America. * j& O/ R' V' _' e
- ?9 ]; G: ?9 S

( W( v0 M/ p+ R% d3. New methods of injecting CO2 and surfactants into oil wells is + H; ]: }  l/ C* ], E2 ]
being used to double their output. & v7 W- o/ U+ C) T( R) x+ s
9 @$ W: Z9 Q4 P6 {6 D2 \
/ ^" G& P! d, u2 l+ h  U; `
4. Production of bio-fuels is beginning to reach critical mass. Bio
8 V/ p6 N: G8 L. ufuel is being produced from many plants and algae. The production
% i8 @3 [9 j, x- `. O/ h- Kpotential per acre in some cases is astounding. Many countries are 3 S. b6 x# u& Y0 a
racing to produce bio fuels.
4 E" g# p8 c( ?! h) H) o- n% F* {5 K  {

$ @. z% Y7 b6 J0 [$ X# Y* l5. Virtually every restaurant in the US and all food processing plants
. E% x, R+ O. l7 ?/ c/ eare now selling their used oil to bio-diesel producers. Every pork, 0 i0 }/ @' y" q' t% O2 _8 j! Y4 A
cattle, turkey and chicken processing plant will soon sell their fat
6 O" e( I& d% _9 O4 w2 q0 N: hto bio-diesel producers. One pork processing plant in Oklahoma is 8 f; n3 g6 m1 f: Q* X- i* ?8 |
producing 30,000 gallons of bio-diesel per day from pork fat.
, `8 }% {! [) v+ }& W/ g
+ ]( q5 O4 E* ]  Y" f5 I  p. @! Z; ^* U% r& q0 L0 ?1 d
6. There are 99 nuclear reactors in various stages of planning and
7 K& o' l0 S; B$ }0 K1 ]8 W5 lconstruction around the world at this time. Several hundred more are ( J/ e  ]8 |& O: S+ ^
expected to be built in the future. Much of the energy they produce
+ J$ k2 P; L* _2 l% qwill replace oil.
" A5 F6 j/ @- o; T; j( \" ]/ b& V. D  J. i4 N9 i

- x; n) A9 t& n, l( e  M3 C* P8 _6 E. K7. Every company in any form of transportaion business is replacing # z. Z: R. U0 ]/ }4 C& j
older equipment such as trucks, airplanes, train engines, ships, etc.
$ c0 I1 N+ W+ T$ k6 [with new more fuel efficient equipment. Airlines and railway companies , W8 i: U7 j- c9 r! e4 k- I- S+ H
are experiencing 20% to 25% better fuel econony with the new
( W6 W* t4 R5 h& N/ h/ B$ zequipment. 0 E3 o7 d- b4 H
5 X: I) e* N" H7 w3 N

" T2 A3 H* T% ]Airlines are flying airplanes with bio-fuel. They are finding the bio- . _6 ~+ n, ?" Q- a- m+ v
fuel is cleaner and performs better than jet fuel. 5 @/ W9 G. \! y8 x( f1 c: \
, c/ x% N: C/ L$ N0 D! }

7 j$ _+ W! {0 w, Z( z9 O  u$ Z) O" [8. Cities and counties throughout the US are selling the rights to
1 W% S7 `" @, @* y- \6 Zcapture methane gas from landfills. This is a huge source of gas
$ n& h: I, C, |7 D6 ^& Gavailable at very little cost or risk. The gas is displacing crude 3 U2 K" A4 |2 `. R7 S/ {
oil.
$ n+ ^( l4 L; |, ]9 F6 ?* j9 ?& D) u" w6 e7 w
! r7 M  o- f8 z2 ^( Z
9. Coal is being transformed into a clean burning liquid fuel. The CO2
) C. o7 S5 B, rproduced as a byproduct is sold to oil companies for injection into 0 O" T# [9 Z8 y& L( w1 J* M
oil wells. - u6 ?" c+ a' l9 L" q

1 b% w; }9 \% Q! v) N( }8 f8 `7 \" k- S! b  z
10. Solar, wind and ocean energy is displacing oil as an energy & y$ E6 q4 g' |6 H( Z
source. Three new wind turbines are being erected every day in the US. $ x8 h" i* U- e5 A* R$ B  A" g

7 G) U* R; _8 J9 Y! i
  S; G5 r$ L; B- L* NEach of the above by itself will not make a large difference in the
) x; v4 ?) L9 L. I& ]# H4 Hprice of crude oil but the sum of all of them together is world 2 t. k% O, M. T; a9 H
changing. The important thing is that OPEC no longer has the ability ; ]4 l) |! o9 q! t; j3 u
to control oil prices. % o8 ?9 G" k! P; E8 }
) q# i* G' S/ s* P7 t9 B& r

: D8 F5 L3 e  lWith the above scenario, I still believe that there are under
" G# o# E) _( F2 [4 ]performed OIL companies and probably they are yet to get the justified 5 U6 s5 U4 C* b  `  j, H1 ]! U  d
value .....
5 B7 M/ L: t& f0 cIAE- Ithaca , EPL Energy Partners Ltd, Opti etc ...
8 j7 P& s0 Y9 [+ U9 Q4 j
; }3 w0 U: B, k5 ?
. ]& X! e& F; @% j/ E; [The above articles are from WSJ .............PUBLISHED ON 9TH JAN
# i7 O! z7 w" T$ _  F2009 ... FYI-Only
您需要登录后才可以回帖 登录 | 注册

本版积分规则

联系我们|小黑屋|手机版|Archiver|埃德蒙顿中文网

GMT-7, 2026-3-2 23:44 , Processed in 0.090452 second(s), 10 queries , Gzip On, APC On.

Powered by Discuz! X3.4

Copyright © 2001-2021, Tencent Cloud.

快速回复 返回顶部 返回列表