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 Post subject: Re: 'Peak Oil' far, far away
PostPosted: Tue Jul 17, 2018 1:18 pm 
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owenm wrote:
Distillates being? Fractions higher than petrol?

Yeah, the terminology is a bit weird, as petrol itself is a light distillate. But the generic term 'distillates' seems to refer to heavier fractions that go into diesel and kerosene (for jet fuel and heating), and heavier fuels.

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 Post subject: Re: 'Peak Oil' far, far away
PostPosted: Tue Jul 17, 2018 1:20 pm 
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owenm wrote:
ps200306 wrote:
werpen wrote:
i think our requirement is for storing refined product

Yep, it's about 5% crude, 95% refined. Of the 95%, a little under 20% is petrol, and over 80% distillates. About two thirds of it is held in Ireland and one third abroad.



Distillates being? Fractions higher than petrol?

it varies i think by location
includes , Gas Oil, Diesel, Kerosene,
Jet fuel for the minister etc.
not sure if heavy fuel oil is included

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 Post subject: Re: 'Peak Oil' far, far away
PostPosted: Wed Jul 18, 2018 1:24 am 
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Interesting how WTI has decoupled hard from Brent (and collapsed relatively) in recent months.

In a nutshell the US can increase pumping but its pipelines cannot deliver the increase to market and this cannot be hidden anymore.

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 Post subject: Re: 'Peak Oil' far, far away
PostPosted: Wed Jul 18, 2018 4:02 am 
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2Pack wrote:
Interesting how WTI has decoupled hard from Brent (and collapsed relatively) in recent months.

In a nutshell the US can increase pumping but its pipelines cannot deliver the increase to market and this cannot be hidden anymore.

Also interestingly, it has a positive effect on oil in the Bakken/Dakotas which used to trade at its own discount to WTI because of the cost of rail transport. The pipeline bottleneck in the Permian means there is more demand for Bakken oil shipped to Gulf refineries by rail. Though I believe the pipeline situation will get sorted out in the medium term (end of this year?).

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 Post subject: Re: 'Peak Oil' far, far away
PostPosted: Wed Jul 18, 2018 2:43 pm 
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ps200306 wrote:
el diablo wrote:
Maybe nuclear fusion is the answer.

...The next round of advances will come from testing high-temperature superconducting magnets. Those have real potential to increase ion density, or beta (the ratio between plasma pressure and magnetic pressure). This may also be the key to creating reactors smaller and more practical than the ITER behemoth.

Just noticed this advance on making superconducting tapes for 50 Tesla magnets. The challenge of such materials is to avoid tearing themselves apart as they generate Lorentz forces equivalent to tens of thousands times atmospheric pressure. Unfortunately in this case "high temperature" means a few tens of Kelvins, not the 77K of liquid nitrogen. Practical magnets for broad use would ideally be above liquid nitrogen temps, rather than liquid helium. But it's all progress.

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 Post subject: Re: 'Peak Oil' far, far away
PostPosted: Mon Jul 23, 2018 9:19 pm 
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Is this the end of the CARB? jmc will likely be doing a little jig.

https://www.bloomberg.com/news/articles ... ting-power


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 Post subject: Re: 'Peak Oil' far, far away
PostPosted: Tue Jul 24, 2018 5:51 am 
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HouseBuyer wrote:
Is this the end of the CARB? jmc will likely be doing a little jig.

https://www.bloomberg.com/news/articles ... ting-power

:D
Just in case jmc gets too carried away, here's a little something to jar him back to reality. The Environmental Justice Warriors of San Bernardino County throw a free vegetarian breakfast along with a workshop on improving air quality. Paid public relations people tell you how your tax dollars are being spent on environmentally friendly vehicles for low income people, and which are the best apps for tracking air quality. An old-style hippy environmentalist gets ornery.


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