Monday, March 30, 2015

Largest Volume Increase Since Record Keeping Began In 1900 -- 2014 Liquid Production -- EIA

EIA blurb for the day:
U.S. crude oil production (including lease condensate) increased during 2014 by 1.2 million barrels per day (bbl/d) to 8.7 million bbl/d, the largest volume increase since recordkeeping began in 1900.
On a percentage basis, output in 2014 increased by 16.2%, the highest growth rate since 1940. Most of the increase during 2014 came from tight oil plays in North Dakota, Texas, and New Mexico where hydraulic fracturing and horizontal drilling were used to produce oil from shale formations. --- EIA
Memo to self: send note to Jane "there might be some oil there" Nielson:
Frequent Internet users are getting emails about the Bakken Formation in North Dakota and Montana, supposedly a great oil bonanza just waiting to be tapped if only nasty enviros would let it happen. The emails and websites say that Bakken would solve all our petroleum “needs.” (What, me worry about  global warming?)
Don’t believe it. There’s some oil to be gotten out of Bakken, and it’s going to be exploited. But the “bonanza” is nothing but hype.
And never updated. Wow. That posting is almost ... cute.

I was wrong. She did update that posting but I had never seen her update until today. Back in 2011, Jane Nielson tried to claw her way back from her "cute" posting:
Our blogs on the Bakken Formation of Montana and North Dakota, and other “tight” or “bound” petroleum-bearing units, have addressed the fantasy that such shale oil and gas sources will provide the United States (and in some versions, the WORLD) an unending energy bonanza. The unfavorable comments tend to contain put-downs, some couched in a rather personally antagonistic tone. This tends to happen when the commenting parties lack the data to back them up. The comments generally miss the mark, however.
We do NOT say that the U.S. has no extensive oil fields able to keep on producing petroleum for U.S. consumption, nor have we implied that some of the known fields are not currently economic. We do say that the aggregate production will not make up for the steep production declines at a majority of the oil fields that once fueled the U.S. economy and military. As a result, as long as the U.S. economy remains tied to petroleum, we will continue to rely on imports from Canada and beyond.

And, at least according to Google, the site that controls the stories we read, that was the last we heard from Ms Jane.

I wonder if Ms Jane knows that after 30 years of advocacy and a gazillion dollars in subsidies, grants, and tax credits, solar, when rounded to the nearest whole number, provided the US zero percent of its energy needs in 2014.

By the way, doing that quick search brought me to this site. Enjoy.

And another "by the way," by the way, OutRunChange is still running. And a great site. 

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