Fossil Fuel - News, Trends, Fossil Fuel Links
Fossil fuel prices - Mar 2004
Fuel & location - price $ (per million BTU): Crude oil, west texas intermediate - 6.375; Residual bunker fuel NY harbor - 4.033; Heating oil, NY harbor - 6.733; Propane, Mont Belvieu Texas - 6.441; Ethane, Mont Belvieu Texas - 6.259; Natural gas, heavy hub, Louisiana - 5.960; Coal, Big Sandy, Kentucky - 2.525
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Topics : Oil and Gas Oil Natural Gas
Fossil fuels remain cheaper because
Fossil fuels remain cheaper because not all their costs are tallied?and that means pollution. When those costs are included, dirty old coal suddenly gets a lot more expensive. Even the most modern coal plants, fitted with all kinds of gizmos to scrub the airm of dirty emissions, still cost more. In comparison, zero-emissions energy like wind power and solar power don?t carry any significant hidden costs. - Read More
Tags : fuel prices fossil fuel cost renewable energy vs fossil energy
Topics : Oil and Gas Oil Natural Gas
Energy ind uses lots of tech
Energy industry uses more varied industry and specialised personnel than any other industry
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US Net Petroleum Imports
In 1997, share of US net petroleum imports coming from OPEC nations was 50%, up from 42% in 1985 and down from a high of 72% in 1977
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Topics : Oil and Gas Oil
Fossil fuel consumption data
World consumes abt 1000 billion gal of transport fuel PY. Sale price of US$ 3 per gal, this $3 tr! Global elec consumption about 15,400 TWh PY in 2006 (BP, IEA). (US:3600 TWh/y ? 2005). $0.1 per kWh, total elec revenues is abt $1.5 tr. Natural gas global demand is abt 3 tcm in 2008 (2.8 tcm in 2005, est. 3.2 tcn in 2010 ? IEA). Natural gas prices are about 400 per 1000 cm, mkt sales of $1.28 tr. World coal production about 5000 million T per year.A price of US$ 100 per T, US$ 500 billion.
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Topics : Oil Natural Gas Oil and Gas