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Wednesday, October 2, 2013

Wednesday Morning Links, Views, And News -- Part II

From CarpeDiem:
The Energy Information Administration (EIA) released new data yesterday on international energy production for the month of June. For the eighth straight month in a row starting in November last year, total petroleum production (including crude oil and other petroleum products like natural gas plant liquids, lease condensate, and refined petroleum products) in “Saudi America” during the month of June at 12.02 million barrels per day (bpd) exceeded petroleum production in Saudi Arabia at 11.74 million bpd. 
Also for the eighth month in a row starting last November, “Saudi America”: a) took the top spot as the No. 1 petroleum producer in the world in June, and b) produced more petroleum products in June than the combined petroleum output of all of the countries in Europe, Central America, and South America (11.73 million bpd)
This is more evidence that America’s shale energy revolution is taking us from “resource scarcity” to a new era of “resource abundance” as the US now consistently produces more petroleum products than Saudi Arabia, and for eight straight months has led the world in petroleum production and has produced more petroleum than all of the countries in Europe, Central America, and South America.
And I don't think Americans understand what this means. It really is huge.

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Canadians using American-made natural gas vehicle fueling systems. The press release:
Seeking to meet the demand for natural gas used for fueling vehicle fleets, Chelsea Natural Gas Ltd. purchased 20 GE Oil & Gas CNG In A Box™ fueling systems as part of the Canadian energy company's efforts to develop the country's natural gas fueling infrastructure. This order marks the first entry of GE's compressed natural gas (CNG) fueling solution into Canada .
Chelsea Natural Gas, a leader in Canada's CNG industry, specializes in expanding public use of natural gas as a transportation fuel as an abundant, reliable and cleaner-burning source of energy alternative to diesel or gasoline. The company plans to use GE's CNG fueling stations in a semi-private "card lock" format to address the need in Canada for shared fueling stations by smaller fleet owners, ensuring the conversion to natural gas vehicles makes sense economically.

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