Like a hole in the head....the Oil companies need them to make more profits....very little else....IMO
Gasoline Tankers Dodge New York Again as Region’s Glut Returns
Gasoline Tankers Dodge New York Again as Region’s Glut Returns
yep we need more pipelines!
- Thread starter OntarioVanMan
- Start date
Pipelines are vastly more efficient, not to mention more environmentally friendly, than trucking or training crude and refined petroleum over long distances. The tree huggers crapping their pants in North Dakota are apparently fine with millions of tons of air pollution from trains and trucks to haul the crude.
Thats not what I meant....in the future pipelines will be even less needed....as solar, wind, and battery power advance and fossil fuels are considered dirty, ...Pipelines serve pretty much 1 purpose...profit for drillers to get to market....when demand drops, pipelines become obsolete....Like the Alaskian pipeline unless they start drilling will become dormant
Prudhoe Bay, which has been drilled for decades, the oil companies say the end is in sight. John Felmy, chief economist for the American Petroleum Institute, says that now those companies believe the most profitable resources to tap will be the easy-to-reach oil in places they're not yet allowed to drill: parts of the National Petroleum Reserve, the Arctic National Wildlife Refuge, and the Chukchi and Beaufort seas just offshore of the North Slope. ANWR alone holds 10 billion barrels of untapped oil, Felmy says, but drilling there is a huge environmental issue, and so far the U.S. government has not let oil companies in.
While the companies lobby, the amount of oil moving through the pipeline continues to dwindle. Flows peaked at 2.1 million barrels per day 24 years ago. By last year they dropped to about 579,000 barrels per day. That decline is creating a very expensive engineering problem, says the pipeline's operator, Alyeska Pipeline Services—a company owned by the North Slope's major oil industry players including BP, ExxonMobil, Chevron, ConocoPhillips, and Koch Industries.
To put the problem simply: The lower the average flow of oil through the pipeline, the harder it is to keep that oil moving. As the flows of oil in the line drop, the velocity of the oil flow decreases, too, increasing the time it takes for the oil to reach Valdez. The longer the oil is in the pipeline, the cooler the oil gets. That decreases the turbulence in the oil, which slows the flow even more. Alyeska's own study, done last June, suggested that if flows in the pipeline were to drop to 400,000 barrels per day in January, the oil, which enters the line at around 110 degrees Fahrenheit, would dip to temperatures below 32 degrees by the time it reached the midpoint of the pipeline. The study concluded that the pipeline could carry no less than 300,000 to 350,000 barrels of crude per day during the winter before major flow problems prevent the pipeline from operating safely.
Wow, that's a lot of facts Mr. Canadian Turtle, but, how do they get the cheese in a can of Kraft Easy Cheese?
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it would be a very expense job to do....and not worth it if they can not drill in the near future...they will just shut down Prudhoe Bay site when flow decreases even more...Oil is not a renewable resource...eventually we will have to get off fossil fuels as cost of green lessens and fossil fuels increase, I am talking not tomorrow here..in the future
I meant our usage of fossil fuels will diminish as other source come online and affordable..It would be expensive to do but I don't think it out of reach
And I'm not sure about the fossil fuel argument at all it very hard for me to see how man can cause any real damage to the earth
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Not out of reach if they can drill and put more in the pipes...at less then 50% capacity ..
Politely, have a seat behind the exhaust of your truck with engine running for a few minutes and experience fossil fuel environmental damage first hand.It would be expensive to do but I don't think it out of reach
And I'm not sure about the fossil fuel argument at all it very hard for me to see how man can cause any real damage to the earth
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I think OVM is on to something.
Saudis investing more in solar than oil production.
They know it will be over before they can buy out everyone, and prepare for future stakes (who will be next biggest energy producer)
I am not talking inki-dinki companies.
US needs to make it a national priority and kick all oil production out.
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Just some of the products made partially from petroleum.
Solvents
Diesel fuel
Motor Oil
Bearing Grease
Ink
Floor Wax
Ballpoint Pens
Football Cleats
Upholstery
Sweaters
Boats
Insecticides
Bicycle Tires
Sports Car Bodies
Nail Polish
Fishing lures
Dresses
Tires
Golf Bags
Perfumes
Cassettes
Dishwasher parts
Tool Boxes
Shoe Polish
Motorcycle Helmet
Caulking
Petroleum Jelly
Transparent Tape
CD Player
Faucet Washers
Antiseptics
Clothesline
Curtains
Food Preservatives
Basketballs
Soap
Vitamin Capsules
Antihistamines
Purses
Shoes
Dashboards
Cortisone
Deodorant
Footballs
Putty
Dyes
Panty Hose
Refrigerant
Percolators
Life Jackets
Rubbing Alcohol
Linings
Skis
TV Cabinets
Shag Rugs
Electrician's Tape
Tool Racks
Car Battery Cases
Epoxy
Paint
Mops
Slacks
Insect Repellent
Oil Filters
Umbrellas
Yarn
Fertilizers
Hair Coloring
Roofing
Toilet Seats
Fishing Rods
Lipstick
Denture Adhesive
Linoleum
Ice Cube Trays
Synthetic Rubber
Speakers
Plastic Wood
Electric Blankets
Glycerin
Tennis Rackets
Rubber Cement
Fishing Boots
Dice
Nylon Rope
Candles
Trash Bags
House Paint
Water Pipes
Hand Lotion
Roller Skates
Surf Boards
Shampoo
Wheels
Paint Rollers
Shower Curtains
Guitar Strings
Luggage
Aspirin
Safety Glasses
Antifreeze
Football Helmets
Awnings
Eyeglasses
Clothes
Toothbrushes
Ice Chests
Footballs
Combs
CD's & DVD's
Paint Brushes
Detergents
Vaporizers
Balloons
Sun Glasses
Tents
Heart Valves
Crayons
Parachutes
Telephones
Enamel
Pillows
Dishes
Cameras
Anesthetics
Artificial Turf
Artificial limbs
Bandages
Dentures
Model Cars
Folding Doors
Hair Curlers
Cold cream
Movie film
Soft Contact lenses
Drinking Cups
Fan Belts
Car Enamel
Shaving Cream
Ammonia
Refrigerators
Golf Balls
Toothpaste
Gasoline
Solvents
Diesel fuel
Motor Oil
Bearing Grease
Ink
Floor Wax
Ballpoint Pens
Football Cleats
Upholstery
Sweaters
Boats
Insecticides
Bicycle Tires
Sports Car Bodies
Nail Polish
Fishing lures
Dresses
Tires
Golf Bags
Perfumes
Cassettes
Dishwasher parts
Tool Boxes
Shoe Polish
Motorcycle Helmet
Caulking
Petroleum Jelly
Transparent Tape
CD Player
Faucet Washers
Antiseptics
Clothesline
Curtains
Food Preservatives
Basketballs
Soap
Vitamin Capsules
Antihistamines
Purses
Shoes
Dashboards
Cortisone
Deodorant
Footballs
Putty
Dyes
Panty Hose
Refrigerant
Percolators
Life Jackets
Rubbing Alcohol
Linings
Skis
TV Cabinets
Shag Rugs
Electrician's Tape
Tool Racks
Car Battery Cases
Epoxy
Paint
Mops
Slacks
Insect Repellent
Oil Filters
Umbrellas
Yarn
Fertilizers
Hair Coloring
Roofing
Toilet Seats
Fishing Rods
Lipstick
Denture Adhesive
Linoleum
Ice Cube Trays
Synthetic Rubber
Speakers
Plastic Wood
Electric Blankets
Glycerin
Tennis Rackets
Rubber Cement
Fishing Boots
Dice
Nylon Rope
Candles
Trash Bags
House Paint
Water Pipes
Hand Lotion
Roller Skates
Surf Boards
Shampoo
Wheels
Paint Rollers
Shower Curtains
Guitar Strings
Luggage
Aspirin
Safety Glasses
Antifreeze
Football Helmets
Awnings
Eyeglasses
Clothes
Toothbrushes
Ice Chests
Footballs
Combs
CD's & DVD's
Paint Brushes
Detergents
Vaporizers
Balloons
Sun Glasses
Tents
Heart Valves
Crayons
Parachutes
Telephones
Enamel
Pillows
Dishes
Cameras
Anesthetics
Artificial Turf
Artificial limbs
Bandages
Dentures
Model Cars
Folding Doors
Hair Curlers
Cold cream
Movie film
Soft Contact lenses
Drinking Cups
Fan Belts
Car Enamel
Shaving Cream
Ammonia
Refrigerators
Golf Balls
Toothpaste
Gasoline
Hey he said that not me.... lol
I was referring to the expansion and adding more capacity... when forecasters are calling shrinkage
so shoot me its a Bloomberg article...gee whiz
U.S. Shale-Oil Boom May Not Last as Fracking Wells Lack Staying Power
Re: fracking....Production from wells bored into these formations declines by 60 percent to 70 percent in the first year alone, says Allen Gilmer, chairman and chief executive officer of Drillinginfo, which tracks the performance of U.S. wells. Traditional wells take two years to slide 50 percent to 55 percent, and they can keep pumping for 20 years or more.
Source: Goldman Sachs
Bakken wells live fast and die young
What's notable about shale fields like the Bakken are the steep well decline rates. Over its 45-year lifespan, the typical Bakken well will produce 665,000 barrels of oil. However, almost all of that output occurs during the first year after the well has been drilled.
Production from the average Bakken well falls over 90% less than four years after its drilled.
I was referring to the expansion and adding more capacity... when forecasters are calling shrinkage
so shoot me its a Bloomberg article...gee whiz
U.S. Shale-Oil Boom May Not Last as Fracking Wells Lack Staying Power
Re: fracking....Production from wells bored into these formations declines by 60 percent to 70 percent in the first year alone, says Allen Gilmer, chairman and chief executive officer of Drillinginfo, which tracks the performance of U.S. wells. Traditional wells take two years to slide 50 percent to 55 percent, and they can keep pumping for 20 years or more.
Source: Goldman Sachs
Bakken wells live fast and die young
What's notable about shale fields like the Bakken are the steep well decline rates. Over its 45-year lifespan, the typical Bakken well will produce 665,000 barrels of oil. However, almost all of that output occurs during the first year after the well has been drilled.
Production from the average Bakken well falls over 90% less than four years after its drilled.
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I've read estimates a pipeline would knock off more then $5.00 - $9.00 a barrel in transportation costs...
the pipeline is more about profits then need....
Todays prices....floating just above $50.00
"With oil prices down, so are profits. Recent analysis by Scotiabank estimates that frackers need $69 per barrel of oil to make money. One oil executive quoted in the Economist said he can cope as long as the oil price is above $50. Another said the industry is "not healthy" below $70."
the pipeline is more about profits then need....
Todays prices....floating just above $50.00
"With oil prices down, so are profits. Recent analysis by Scotiabank estimates that frackers need $69 per barrel of oil to make money. One oil executive quoted in the Economist said he can cope as long as the oil price is above $50. Another said the industry is "not healthy" below $70."
Lord knows we need golf balls and parachutes....LOL
Of course it's for profit. Pipelines are the safest and most economical way to transport oil and gas.
Electric transmission lines serve pretty much one purpose...profit for electric utilities to get electricity to market. Would you purpose electricity generated from wind and solar be stored in batteries and transported to market by rail and truck.
The following linked article would probably be a better fit in the Fake News thread, Black Lives Matter or Occupy Wall Street Now thread. It highlights some of the hypocrisy of these "feel good" protests. This is a thread about pipelines so here it is: Water Contamination Threat Rises At Dakota Access Protest Site