From Sky News
…Petrofac said the platform had been shut down following an “escape of oil”.
The firm said: “There are 90 personnel on board and as a precaution 57 non-essential personnel have been de-manned by helicopter to Shetland.
No fire, just “escaped oil”.
Full Congressional Research Report (PDF)
The Energy Information Administration in its Short-Term Energy and Winter Fuels Outlook (STEWFO) for the 2008-2009 winter heating season warned consumers of the likelihood of higher heating costs. Average expenditures for those heating with natural gas might see their expenditures rise by more than 18%. Home heating oil expenditures [...]
Just a reminder the fall back on Sunday. National Geographic has a great article on the history of Daylight Savings time:
n 1883 the U.S. railroad industry established official time zones with a set standard time within each zone. Congress eventually came on board, signing the railroad time zone system into law in 1918.
The only [...]
If you are building a new home, or revamping your current heating need, a geothermal heat pump should at least garner research:
“This is a heating system, a cooling system in the summertime and it also provides our hot water as well, so it’s an all in one unit,” said John Sherrick, who uses a geothermal [...]
The geek in me found this article fascinating:
The whammy for the power companies is two-fold, because not only will power be cheaper but, by definition, the cost of building and installing solar panels will be substantially cheaper, too, than it is today. If it costs $40,000 on average to refit your house today, a lot [...]
CNBC reports:
Obama told Time Magazine this month that with the economy flagging he wanted to launch an “Apollo project” to build an alternative energy economy.
Because “there is no better potential driver that pervades all aspects of our economy than a new energy economy,” he said. “That’s going to be my No. 1 priority when I [...]
World oil prices tumble on US economic gloom. I sure hope that Exxon Execs will be able to endure this looming crisis.
I’ve been watching both Electoral-Vote.com and Five Thirty Eight for indications from last night’s infomercial either positive or negative, but they have not compiled data for the day (I suppose). I did stumble across Chris Gammell’s impressions from last night, and I agree. I did like the fact that Obama has shown at [...]
From the OMG, Oh, no you did-dn’t department, Bob Williams of Penn Energy thinks Americans are not educated enough in Economics to understand all the trials and tribulations that Oil companies endure:
In other words, the best energy policy may be none at all. The market pretty well sorts things out by itself, as has been [...]
From The WWF (not the World Wrestling Federation, methinks):
China’s coal bill in 2007 reached a total external cost of 1.7 trillion Yuan ($250bn), equivalent to 7.1 per cent of China’s gross domestic product the same year.
This report is not what I generally think of when I look at costs for energy, as it is from [...]