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    What does $500 brl OIL mean??

    Don't they take Visa?
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    What does $500 brl OIL mean??

    Its ironic to hold up the US as a model of energy efficiency when they consume more than us per capita.
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    What does $500 brl OIL mean??

    Nowadays a "car tune" is a fuel / air algorithm stored on a microprocessor. Sophisticated engine management systems can hold multiple programs which are switchable with a flick of a button. I will be retuning my car so that it has 2 programs depending on whether Im running BP 98 octane or...
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    What does $500 brl OIL mean??

    Hiequity As you are aware LNG is methane. Methane of inorganic origin is common throughout our solar system. source: http://www.sciam.com/article.cfm?id=first-whiff-of-extrasolar-methane While I do not know the answer of where methane comes from on Earth - I think it is rather hasty...
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    What does $500 brl OIL mean??

    There isnt going to be a debate. The carbon tax is coming (on electricity anyway) irregardless.
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    What does $500 brl OIL mean??

    Yup. And the easiest way to get there is to quadruple electricity prices. Which the proposed cap and trade Emissions Trading Scheme may very well do over the next 10 years.
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    What does $500 brl OIL mean??

    TC is correct to point out the very high cost of liquifying carbon dioxide out of a power station, pumping it down a pipeline and injecting it into the ground. The massive parasitic load of this process may mean that it just isnt viable to geosequester the 10 million tonnes per annum of CO2...
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    What does $500 brl OIL mean??

    Increased efficiency in the West is incapable of offsetting increased demand arising from industrialisation in the East.
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    What does $500 brl OIL mean??

    Have we actually hit peak oil production yet? I dont think we have.
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    What does $500 brl OIL mean??

    Just paid $1.50 litre to fill up yesterday with premium so regular unleaded would be about $1.40. Given that there is still a 3.5 cent gap between the AUD and the CND it sounds we are paying the same prices.
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    What does $500 brl OIL mean??

    Ok thats funny.
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    What does $500 brl OIL mean??

    To get back on topic - I think $500 barrel oil means increased urban density (go go inner ring property values) and a better shot at us hitting our 2050 aspirational greenhouse gas targets because the transport industry produces about a 1/3 of greenhouse emissions and if no one can afford to...
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    What does $500 brl OIL mean??

    I have to agree that it seems a bit crap to use a portable, high energy content fuel like natural gas for base load power. The financial viability of facilities like Loy Yang will depend on carbon pricing - and no one (with the possible exception of Rudd) knows what that carbon pricing is going...
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    What does $500 brl OIL mean??

    You dont really move gas around as LNG unless you are moving it really far (like Japan) or only moving small quantities (remote power generation). Sticking it in a pipeline, despite the parasitic load of system use gas, isnt a bad way to move energy around. I suspect its proportionately less...
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    What does $500 brl OIL mean??

    There is over 4100 petajoules of P2 reserves in the Bowen basin and Surat basin as calculated today. I know that a small gas fired power plant (enough to power a small town) will burn about 2 petajoules per year. Thats alot of coal seam methane. And thats just one small corner of...
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    What does $500 brl OIL mean??

    The numbers were off a chart on my office wall that I can't find on the net atm. So I copy pasted this from an article in 2005 http://findarticles.com/p/articles/mi_qa5490/is_200506/ai_n21375207: Something to keep in mind is that the $ / MW figures given are 3 years old - and the costs of...
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    What does $500 brl OIL mean??

    Japan has the world's most sophisticated nuclear reactors and they cost about $100 per MWh - perhaps more. The newest reactor in the UK costs $140 / MWh. And this does not include the cost of fuel disposal which is a government responsibility. Coal fired power in Australia costs $35 - $45...
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    What does $500 brl OIL mean??

    You can convert natural gas or coal seam methane to diesel. Australia has extraordinary quantities of natural gas and coal seam methane. We would do just fine.
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