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Politics : Rat's Nest - Chronicles of Collapse -- Ignore unavailable to you. Want to Upgrade?

To: Wharf Rat who wrote (10009)	2/25/2010 10:05:14 PM
From: Wharf Rat	Respond to of 24224

British Airways turning waste into jet fuel By Megan Treacy Posted Wed Feb 24, 2010 5:07pm PST British Airways has announced that it will start producing jet fuel from landfill waste to reach its target of 50 percent reduced emissions by 2050. The airline is partnering with biofuels company Solena to construct a waste-to-energy fuel plant in East London that will turn 500,000 tonnes of organic waste into 16 million gallons of jet fuel per year. The fuel will be made by treating the the waste in a high-temperature gasifier to create BioSynGas which is then converted to jet fuel using the Fischer Tropsch process. The plant will also create a by-product of 20 MW of electricity per year and have the added benefit of keeping waste out of landfills. British Airways is only committing to use a 10 percent blend of the biofuel at this point, a disappointment when you consider the successful test runs of 50/50 bio-jet fuel blends. The airline plans to start using the fuel by 2014. green.yahoo.com

To: Wharf Rat who wrote (10009)	2/26/2010 11:28:26 PM
From: Wharf Rat	Read Replies (1) \| Respond to of 24224

westexas on February 26, 2010 - 1:40pm Saudi Cumulative Net Oil Exports Versus US Oil Prices 2002-2005 & 2005-2008 (EIA, Total Liquids) Here are the average Saudi net oil export numbers per day by year, versus average annual US spot crude oil prices: 2002: 7.1 mbpd & $26 2003: 8.3 mbpd & $31 2004: 8.6 mbpd & $42 2005: 9.1 mbpd & $57 2006: 8.4 mbpd & $66 2007: 8.0 mbpd & $72 2008: 8.4 mbpd & $100 Relative to the 2002 net export rate of 7.1 mbpd, in the following three period, 2003-2005 inclusive, the cumulative three year increase in net exports was 1,716 mb, versus a three year increase in oil prices of $31. But then we have the 2006-2008 data. Relative to the 2005 net export rate of 9.1 mbpd, in the following three year period, 2006-2008 inclusive, the cumulative three year decline in net oil exports was 841 mb, versus a three increase in oil prices of $43. Note that in early 2004, the Saudis reiterated their support for the stated OPEC policy of maintaining an oil price band of $22 to $28, and they made good on their promises to support lower prices as they significantly increased net oil exports in the 2003-2005 time frame, but then in early 2006, they started complaining about problems finding buyers for all of their oil, “Even their light/sweet oil,” even as oil prices continued to increase. Apparently no one thought to ask them in early 2006, as oil prices traded over $60 per barrel, why they didn’t offer to sell another two mbpd of oil for $28 per barrel.