Tag: Hydrocarbons

China’s recently discovered Bozhong 26-6 200 million cubic meters of reserves

Tina Marie (Ms. Cat)

China’s National Offshore Oil Corporation (CNOOC) has announced that its Bozhong 26-6 oilfield has proven reserves of over 200 million cubic meters. Located in the southern waters of the Bohai Sea, if this figure is correct, it could make the oilfield the biggest metamorphic rock oilfield worldwide.

China’s recently discovered Bozhong 26-6 200 million cubic meters of reserves

The US Navy said ‘traces’ of jet fuel were found in the water on the aircraft carrier USS Nimitz. A sailor says the problem was way worse.

Tina Marie (Ms. Cat)

The US Navy acknowledged recently that the water the crew of the aircraft carrier USS Nimitz uses to bathe and drink was contaminated by what it described as “traces” of jet fuel, but a sailor on the ship said the situation was worse than the service first let on.

The US Navy said ‘traces’ of jet fuel were found in the water on the aircraft carrier USS Nimitz. A sailor says the problem was way worse.

U.S. ups the ante: are we indeed headed into WWIII and what can save us?

Tina Marie (Ms. Cat)1 Comment

Gilbert Doctorow, 9/9/22

The UK and Commonwealth may be mourning the passing of Queen Elizabeth II yesterday. I am in mourning as well, but for a very different reason: the gathering of the Ukraine Defense Contact Group in the Ramstein air base in Germany yesterday reshuffled the deck on Western military and financial assistance to Ukraine, raising contributions to the ongoing holy crusade against Russia from still more nations and adding new, still more advanced precision strike weapons to the mix of deliveries to Kiev. It was an open summons to the Kremlin to escalate in turn, as were the test firing the same day of a new intercontinental rocket, the Minuteman III, from Vandenberg air base in California and the unannounced visit to Kiev yesterday of not only Secretary of State Antony Blinken, who was featured in Western media accounts, but also other top officials of the Biden administration. The most notorious member of this delegation was surely Blinken’s deputy, Victoria Nuland, who had stage managed the February 2014 coup that put in power in Kiev the Russia-hating regime that Zelensky now heads.

Gilbert Doctorow: U.S. ups the ante: are we indeed headed into WWIII and what can save us?

Related:

A Former US Marine Corps Officer’s Analysis of the Ukraine War (archived, in case the original is removed)

H/T: Natylie’s Place: Understanding Russia

Bill Gates and the Secret Push to Save Biden’s Climate Bill

Tina Marie (Ms. Cat)

Bill Gates and the Secret Push to Save Biden’s Climate Bill

Gates started wooing Manchin and other senators who might prove pivotal for clean-energy policy in 2019 over a meal in Washington DC. “My dialogue with Joe has been going on for quite a while,” Gates said. “Almost everyone on the energy committee” — of which Manchin was then the senior-most Democrat — “came over and spent a few hours with me over dinner.”

…

Also at Manchin’s insistence, automakers also will see new strings attached to electric vehicle tax incentives so they will have to be made in North America and, by 2024, can’t use batteries sourced from China. Labor leaders bemoaned that the final package doesn’t contain much support for workers who lose their jobs in the green transition.

…

There’s been such whiplash from 2016 when, as Gates puts it, green spending from the US government “had dropped to near zero.” Six years later, American climate finance has been “reinvigorated,” and Gates now sees innovation “going way faster than I expected. That’s why I’m optimistic that we will solve this thing.”

The working class is going to be thrown under the bus, but at least Bill Gates is happy. 🤷🏼‍♀️

Domestic Crude Oil Peaked at $145 a Barrel in 2008. It Closed Yesterday at $118.50. So Why Is Gas at the Pump at All-Time Highs?

Tina Marie (Ms. Cat)

Domestic Crude Oil Peaked at $145 a Barrel in 2008. It Closed Yesterday at $118.50. So Why Is Gas at the Pump at All-Time Highs?

Part of that, as the above stories illustrate, is just plain ole price gouging. But the big picture is more complicated than that. According to the EIA, in addition to the 61 percent of the price of a gallon of gas that comes from the cost of crude oil, the other 39 percent shakes out as follows: the costs of refinement (14 percent), distribution and marketing (11 percent), and taxes (14 percent).

And refining* looks to be a particular problem right now. The EIA reports that as of January 1, 1982, the U.S. had 301 refineries in operation. That compares to just 129 in operation as of January 1, 2021.

Related:

*Chevron CEO says there may never be another oil refinery built in the U.S.

Previously:

More Oil From U.S. Strategic Petroleum Reserve Heads To Europe

Patrushev: The West Has Created an Empire of Lies Presupposing the Destruction of Russia

Tina Marie (Ms. Cat)

Nikolay Patrushev, Secretary of the Russian Security Council, in an interview with Rossiyskaya Gazeta, spoke about the tasks of the Russian special operation and the role of the United States in supporting neo-nazis. And also – about the near future of Europe, the Russian gold and foreign exchange reserves and sanctions. And also about what changes await our country in the near future.

Patrushev: The West Has Created an Empire of Lies Presupposing the Destruction of Russia