Posts tagged “Texas”
Texas both produces and consumes more energy than any state in the U.S. It controls one-quarter of U.S. proven oil reserves. Energy companies looking to grow or to establish a U.S. presence set up operations in Texas. The primary electricity transmission system in Texas is independent of the rest of the country (a long-time source of pride). The Electric Reliability Company of Texas, or ERCOT, is responsible for regulating the generation and supply of power to 85% of the state, except the extreme eastern and western portions.
The fundamental challenge of a closed system is that it must meet its own needs, and that has not happened. There are increasing concerns about rolling blackouts in America’s “energy capital”. NRG Energy reported that by 2016, Texas could experience four rolling blackouts a year, and strongly recommended that the state build more power generation reserves to improve grid reliability. CONTINUE»
Gas prices drop in the United States, but rise in California.
On March 1, 2008 I sold my Nissan Micra in Aberdeen, Scotland and hopped a plane to Amsterdam to take up a new position. I have not owned a car since that time. A while back someone asked what that experience has been like, and suggested I write a story on it. So here it is. While in Europe It is really a tale of two continents. In large parts of Europe, one can get along reasonably well without a car. In the past year, I have worked at my company’s Accoya factory in the Netherlands most of the time. I fly in to Amsterdam, and there is a train station right in the airport. I catch a direct, 1… Continue»
No big surprise here, and I have been advising people that there was very little chance that the EPA would grant the waiver, but they have officially denied the ethanol waiver request from the state of Texas: EPA denies Texas governor’s ethanol waiver request EPA Administrator Stephen Johnson, during a conference call with reporters, said the agency’s assessment looked at the livestock issue and found feed prices have increased because of biofuel production. “However, is that the result of the (Renewable Fuels Standard) mandate? Our conclusion is no,” Johnson said. “And second, are those price increases meeting the statutory requirement of severe harm to the economy? And our conclusion is no.” Environmental groups, concerned about how biofuels affect climate, water… Continue»
The eventual decline of oil production in Saudi Arabia will likely have a profound impact on all of our lives. This event will result in energy shortages around the world, and depleting oil supplies will be bid up to higher and higher levels. Poor countries will no longer be able to compete, and they will be the first casualties of oil depletion. The richer countries will bid against each other for the remaining supplies, and if the depletion rate is high enough we will be in for some very tough times. The Saudis say they have plenty of oil. However, there are a lot of skeptics. So, I am very interested in understanding what’s going on inside Saudi Arabia. One… Continue»