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Posts tagged “gasoline”

By Staff on Apr 19, 2010 with 1 response

The Watchmen Sleep While Energy Costs Raid the Village

We should see $100/bbl crude oil shortly, and $4 gasoline is certainly not out of the question.

By Robert Rapier on Jun 19, 2009 with 1 response

How Much Natural Gas to Replace Gasoline?

I Took This Picture of a CNG Bus on a Recent Trip to D.C. You may have seen the news this week that a report by the Potential Gas Committee says natural gas reserves in 2008 rose to 2,074 trillion cubic feet. The New York Times and the Wall Street Journal (via Rigzone) both had stories on it, and T. Boone Pickens issued a press release. First, from the New York Times (and this is a really good article): Estimate Places Natural Gas Reserves 35% Higher Thanks to new drilling technologies that are unlocking substantial amounts of natural gas from shale rocks, the nation’s estimated gas reserves have surged by 35 percent, according to a study due for release on… Continue»

By Robert Rapier on May 3, 2009 with no responses

The Lawyers Win on Hot Gas

I recently wrote an essay called A Lost Litigation Opportunity in which I discussed the root of the so-called ‘hot gas’ issue. I firmly believe that this is all about the big business of lawyers who sue people for a living. The California Energy Commission had ruled out temperature compensation equipment, saying that consumers would pay more because retailers would pass on the cost of the equipment. I thought the issue would now fade away, but a recent story involving Costco suggests that the litigators – like those behind certain ‘consumer organizations’ who have pushed this issue so hard – are starting to profit: Petroleum Marketers Respond to Costco’s Attempt To Settle ‘Fair Fuel’ Lawsuit Here are the interesting bits:… Continue»

By Robert Rapier on Mar 18, 2009 with no responses

A Lost Litigation Opportunity

While the so-called ‘hot gas’ issue has been discussed here several times before, there are new developments out in California that have Oil Watchdog and the $295/hr lawyer behind this ‘consumer organization’ crying over lost litigation opportunities. Given the time, effort, and money they have put into this issue, the events described in this essay are quite a blow for them. At least they will now have more time to devote to their other campaigns, such as 1). Stopping oil companies from donating money to universities; and 2). Berating oil companies for not giving enough to universities. (They make more sense if you view them as a satirical site along the lines of The Onion. The only problem is that… Continue»

By Robert Rapier on Jan 23, 2008 with no responses

Perpetual Confusion over Energy Balances

People continue to be confused about the energy balance of gasoline versus ethanol. The ethanol lobby, in my opinion, deliberately spreads this sort of misinformation to persuade people that producing ethanol is a wise usage of our BTUs. I have tried to clear up the confusion on a number of occasions, most recently when Vinod Khosla once again claimed “corn ethanol has almost twice the energy balance compared to gasoline“: The Handy-Dandy Khosla Refuter But the issue lives on, as strong as ever. A couple of days ago, Stuart Staniford wrote the following essay at The Oil Drum: The Fallacy of Reversibility In the essay, Stuart takes on one of the major tenets of many peak oilers: That peak oil… Continue»

By Robert Rapier on May 7, 2007 with no responses

Gas Boycotts and Gas Prices

Gas BoycottsYou have probably gotten the e-mails. “Don’t buy gas on Wednesday of next week and force the oil companies to lower prices.” Or, “Boycott Shell this week, ExxonMobil next week, etc.” Sometimes I explain to people why these schemes won’t work, but most of the time I just delete them. But MSNBC took time out today to address the issue: Why one-day gasoline ‘boycott’ won’t work But suppose that, through some magical force of nature, you managed to shut down every gasoline-powered vehicle and device for one day. Let’s look at how much money would be involved and what would happen to it: Based on current demand of about 386 million gallons a day, at $3 a gallon, the… Continue»

By Robert Rapier on Mar 20, 2007 with 1 response

Hot Gas Lawsuit in Utah

I wrote this up a couple of weeks ago, but never got around to posting it. I guess business is slow for the folks who sue people for a living: Suit Seeks to Deflate Excess ‘Hot Gas’ Profit Source: Salt Lake Tribune Mar. 7–When the temperature of gasoline rises, the volume of the fuel expands. And that means Utah drivers who fill up during the summer may get fewer miles out of a tank of gas than during the colder months, when the temperature of the fuel they pumped into their automobiles and pickups was lower. The prospect that motorists may not always be getting all the energy from each gallon of gasoline that they paid for has ignited a… Continue»

By Robert Rapier on Mar 9, 2007 with 1 response

Why Are Gas Prices Rising?

Gas prices are once again headed higher, and most people are probably wondering why. The Charleston Gazette (1) provides a typical reaction: Lee Franc, a client manager from St. Petersburg, spent about $40 to put 16 gallons in her Toyota Highlander. She works at home and can go a week or two without filling up. “Katrina, I can understand,” Franc said. “I didn’t see a very good explanation this time. You hear so many excuses it gets to where you don’t believe anything anymore.” The thing is, they are not excuses. There are valid reasons that gas prices are rising, and people should take time to educate themselves on this very important issue that affects all of our lives. As… Continue»

By Robert Rapier on Jan 21, 2007 with no responses

Key Questions on Energy Options

A question was recently posed to me: What is the most important question concerning ethanol production? That got me to thinking about important questions regarding not only ethanol, but all of our energy sources. There are a number of issues that we must carefully consider for any of our potential energy sources. In my opinion, they are: 1. Is the energy source sustainable? 2. What are the potential negative externalities of producing/using this energy source? 3. What is the EROEI? 4. Is it affordable? 5. Are there better alternatives? 6. Are there other special considerations? 7. In summary, are the advantages of the source large enough to justify any negative consequences? For the purposes of this essay, I want to… Continue»

By Robert Rapier on Jun 2, 2006 with no responses

E85, M85, or Gasoline?

Introduction Joseph Miglietta has sent me a new essay, this time getting into some of the advantages and disadvantages of methanol. I do believe that long-term we are likely to see more methanol come online to meet our energy needs, because the route from coal is pretty straightforward, and we have vast coal reserves. I believe the economics of coal-based methanol are better than for coal-to-liquids, so we may see more plants converting coal to methanol, like Sasol’s in South Africa. First, a quick bit of trivia. Joseph mentions Robert Zubrin in his essay. For those who haven’t heard of Dr. Zubrin, here is a brief biography: Robert Zubrin at Wikipedia Dr. Zubrin is president of the Mars Society, and… Continue»