The Truth About America’s Oil Addiction
Friday, September 26th, 2008Many energy-related activities have a very precise relationship with economic growth. For example, consumption of electricity remained close to 0.45 kwh per constant dollar of GDP between 1973 and 2003. During the same time period, the number of miles driven by all vehicles was close to 3 miles per constant ...
Ormen Lange - The World’s Most Cutting Edge Offshore Gas Field
Saturday, September 20th, 2008Credit: Oivind Leren, Norsk Hydro The Ormen Lange gas field, Norway's first deep-water offshore development, was discovered in 1997. The field sits roughly 3000 meters under the surface of the Norweigan Sea about 120 kilometers north west of Kristiansund. The reservoir covers an area about 40 kilometers long and 8 to ...
Media Has Distorted the Impact of Offshore Drilling on U.S. Energy Supply
Saturday, September 6th, 2008The media has helped convince Americans that offshore drilling for oil in the United States will significantly reduce gasoline prices, according to the Center for Economic and Policy Research. Although the U.S. Department of Energy’s Energy Information Agency has stated that the benefits from such drilling would be too small ...
Chasing Ocean Wind Currents
Thursday, August 14th, 2008The intense surface winds of Typhoon Olga, represented by yellow spirals, can be seen moving around South Korea in the China Sea. QuikScat tracks its birth as a tropical depression in the Philippines and its northward journey in the western Pacific to its landfall in Korea. The eastern North Pacific ...
A Year in the Life of Earth’s Solar-Energy Resources
Friday, August 8th, 2008Global and Seasonal Surface Albedos from NASA The albedo is loosely defined as the amount of sunlight or solar energy that bounces off the Earth back into space. Bright surfaces have albedo near unity, and dark surfaces have albedo near zero. The DHR refers to the amount of spectral radiation reflected ...
Europe’s Worsening Energy Crunch
Friday, July 25th, 2008[singlepic=401,540,380,watermark,center] The European Union produced 9% less energy in 2006 than it did in 1997. Meanwhile, consumption rose by 7% and net imports rose by 29%. In 1997, the energy dependence rate stood at 45%. A decade later, it stands at 54%, according to the Statistical Office of the European Communities. ...
The Guy Who Struck Oil in Saudi Arabia
Saturday, July 12th, 2008[singlepic=370,520,410,watermark,center] In the summer of 1933, near the nadir of the Great Depression, a small group of Standard Oil executives in San Francisco bet the company's future on a risky investment in an obscure part of the world where few Americans had ever set foot. Two ...
World Energy Use to Rise 50 Percent by 2030
Wednesday, June 25th, 2008The world will consume 50% more energy in 2030 than it did in 2005, according to a report by the Energy Information Administration released today. The growth in energy consumption will be driven by robust economic growth and expanding populations in the world's developing countries, according to projections included in ...
