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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: BeachBum who wrote (74407)9/24/2000 12:52:05 PM
From: Douglas V. Fant  Respond to of 95453
 
BeachBum, I don't know if you've heard of Michael Economides, A Professor at the University of Houston. He spoke of the very topic that you discussed at the Rocky Mountain Natural Gas Strategy Conference in August in Denver.

Specifically in human history, society has been moving since industrialization from higher carbon content/lower BTU fuel (i.e. wood) though whale blubber, then oil, then natural gas, then eventually hydrogen to fuels with lower carbon content/high BTU content.

And Mr. Economides believes that heavy use of fuel cells will occur within ten years, first fired by natural gas...(need to spread infrastructure support first)...

And the air qulaity of both Los Angeles and Houston will continue to improve due to tehcnical advancements....



To: BeachBum who wrote (74407)9/25/2000 1:14:38 AM
From: BeachBum  Read Replies (2) | Respond to of 95453
 
Someone questioned a hundred posts ago on whether SPR has sour or sour/sweet in reserve. Too many posts to keep up with.

Sept. 22, 2000, 7:02PM

Storage sites

Details on the nation's emergency crude oil supplies stored in the Strategic Petroleum Reserve's underground salt caverns along the Texas and Louisiana Gulf Coast:

BRYAN MOUND

· Size: 500 acres

· Capacity: 232 million barrels

· Drawdown rate: 1.5 million barrels per day sour or sour/sweet crude or 1.0 million barrels per day sweet crude

· Distribution terminals: Seaway Terminals at Freeport, Texas City and Jones Creek

· Interstate pipelines: Arco 20-inch to Midcontinent, Seaway 30-inch to Midcontinent

BIG HILL

· Size: 270 acres

· Capacity: 170 million barrels

· Drawdown rate: 1.1 million barrels per day (sweet or sour crude)

· Distribution: Sun Nederland Terminal, Unocal Nederland Terminal

· Interstate pipelines: Sun/Midvalley 20-inch to Midwest, Mobil 20-inch to Midwest, Texaco 16-inch to Midcontinent

WEST HACKBERRY

· Size: 565 acres

· Capacity: 222 million barrels

· Drawdown rate: 1.3 million barrels per day (sweet or sour crude)

· Distribution: Sun Nederland Terminal

· Interstate pipelines: Sun/Midvalley 20-inch to Midwest, Mobil 20-inch to Midwest, Texaco 16-inch to Midcontinent

BAYOU CHOCTAW

· Size: 356 acres

· Capacity: 76 million barrels

· Drawdown rate: 515,000 barrels per day (sour crude); 300,000 barrels per day (sweet crude)

· Distribution: Equilon Sugarland Terminal, Koch St. James Terminal; Louisiana Offshore Oil Port; Capline Terminal

· Interstate pipelines: Capline 40-inch to Midwest

Source: U.S. Department of Energy



I know someone posted #'s earlier but not sure it had sweet/sour info.

BB ^-^-