National Library of Energy BETA

Sample records for world oil stocks

  1. 5 World Oil Trends WORLD OIL TRENDS

    E-Print Network [OSTI]

    's share of world crude oil production has rebound5 World Oil Trends Chapter 1 WORLD OIL TRENDS INTRODUCTION In considering the outlook for California's petroleum supplies, it is important to give attention to expecta- tions of what the world oil

  2. ,"Crude Oil and Petroleum Products Total Stocks Stocks by Type...

    U.S. Energy Information Administration (EIA) Indexed Site

    Name","Description"," Of Series","Frequency","Latest Data for" ,"Data 1","Crude Oil and Petroleum Products Total Stocks Stocks by Type",6,"Monthly","82015","1151956"...

  3. World Oil: Market or Mayhem?

    E-Print Network [OSTI]

    Smith, James L.

    2008-01-01

    The world oil market is regarded by many as a puzzle. Why are oil prices so volatile? What is OPEC and what does OPEC do? Where are oil prices headed in the long run? Is “peak oil” a genuine concern? Why did oil prices ...

  4. Crude oil as refinery feed stock

    SciTech Connect (OSTI)

    Boduszynski, M.M.; Farrell, T.R. [Chevron Research and Technology Co., Richmond, CA (United States)

    1995-12-31

    This paper gives a brief overview of the integrated oil refinery. It illustrates that crude oil refining involves {open_quotes}molecular tailoring,{close_quotes} where feed stock molecules are {open_quotes}tailored{close_quotes} through catalytic processing to make products with the most desirable composition. Chemical composition of crude oil as refinery feed stock is discussed. The emphasis is on the understanding of molecular transformations which occur in refinery processes to manufacture light transportation fuels. Diesel fuel manufacturing is used as an example. Recent environmental legislation in the United States has necessitated a significant upgrade in the quality of diesel fuel used for highway transportation. Examples are given to illustrate the impact that petroleum chemistry may have on the industry`s response to government regulations.

  5. Stocks of Crude Oil, Commercial

    Gasoline and Diesel Fuel Update (EIA)

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantity of Natural GasAdjustments (Billion Cubic Feet) Wyoming963 1.969 1.979 1.988 1.996Deutsche Bank AG Oil10:Price27,843

  6. Stocks of Distillate Fuel Oil

    Gasoline and Diesel Fuel Update (EIA)

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantity of Natural GasAdjustments (Billion Cubic Feet) Wyoming Dry NaturalPrices Global Crude Oil Prices Brent crudeEnvironment144,415

  7. World Oil Transit Chokepoints

    Reports and Publications (EIA)

    2012-01-01

    Chokepoints are narrow channels along widely used global sea routes, some so narrow that restrictions are placed on the size of vessel that can navigate through them. They are a critical part of global energy security due to the high volume of oil traded through their narrow straits.

  8. World frontiers beckon oil finders

    SciTech Connect (OSTI)

    Not Available

    1991-09-01

    This paper discusses the international aspects of the petroleum industry. Most who work in the industry agree that the possibilities for huge are found largely in international regions. Something that is helping fuel that possibility is the way countries are increasingly opening their doors to US oil industry involvement. Listed in this paper is a partial list of the reported projects now underway around the world involving US companies. It is not intended to be comprehensive, but rather an indication of how work continues despite a general lull atmosphere for the oil industry. These include Albania, Bulgaria, Congo, Czechoslovakia, Dominican Republic, Ethiopia, Ireland, Malta, Madagascar, Mongolia, Mozambique, Nigeria, Panama, Paraquay, and Senegal.

  9. Crude Oil and Petroleum Products Total Stocks Stocks by Type

    Gasoline and Diesel Fuel Update (EIA)

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantity of Natural GasAdjustments (Billion Cubic Feet) Wyoming Dry NaturalPrices1 Table 1.101CompanyProduct: Crude Oil and Petroleum

  10. Powering the World: Offshore Oil & Gas Production

    E-Print Network [OSTI]

    Patzek, Tadeusz W.

    Powering the World: Offshore Oil & Gas Production Macondo post-blowout operations Tad Patzek Gulf of Mexico's oil and gas production Conclusions ­ p.5/59 #12;Summary of Conclusions. . . The global rate of production of oil is peaking now, coal will peak in 2-5 years, and natural gas in 20-30 years

  11. Updated Hubbert curves analyze world oil supply

    SciTech Connect (OSTI)

    Ivanhoe, L.F.

    1996-11-01

    The question is not whether, but when, world crude oil production will start to decline, ushering in the permanent oil shock era. While global information for predicting this event is not so straightforward as the data M. King Hubbert used in creating his famous Hubbert Curve that predicted the US (Lower 48 states, or US/48) 1970 oil production peak, there are strong indications that most of the world`s large exploration targets have now been found. Meanwhile, the earth`s population is exploding along with the oil needs of Asia`s developing nations. This article reviews Hubbert`s original analyses on oil discovery and production curves for the US/48 and projects his proven methodology onto global oil discoveries and production as of 1992. The world`s oil discovery curve peaked in 1962, and thence declined, as a Hubbert Curve predicts. However, global production was restricted after the 1973 Arab oil embargo. Otherwise, world production would have peaked in the mid-1990s. Two graphs show alternate versions of future global oil production.

  12. Benin: World Oil Report 1991

    SciTech Connect (OSTI)

    Not Available

    1991-08-01

    This paper reports Ashland discovered additional oil reserves deeper than current production in Seme, Benin's only oil field. The field is on a steep decline, producing as little as 2,500 bopd, down from 7,671 bopd in 1984. In an effort to restart offshore exploration, three offshore blocks have been designated. Hardy Oil and Gas (UK) Ltd. has since acquired 20% interest in Blocks 1 and 2 from International Petroleum Ltd. (IPL). IPL completed seismic work during 1990 that identified two large channel prospects similar to those that produce offshore elsewhere in West Africa. The first well is expected in 1991.

  13. Guatemala: World Oil Report 1991

    SciTech Connect (OSTI)

    Not Available

    1991-08-01

    This paper reports that government officials have been working on changes to the hydrocarbon law to make it easier for operators to explore. In a reform effort, Minister of Energy and Mines Carlos Hutarte brought a new staff dedicated to spurring oil development into office with him. This includes the Directorate of Hydrocarbons, which held a three-day seminar in Dallas, Texas, to acquaint U.S. firms with new policies. Only one company, Basic Resources International, has been operating in Guatemala over the last year. The firm drilled three onshore wells in 1990 for 16,499 ft, including one oil producer. Two further onshore wells are slated this year. Oil production from 14 active wells out of 16 capable averaged 3,943 bpd, up 8.4% from 1989. Reserves are 191 MMbbl.

  14. Iraq: World Oil Report 1991

    SciTech Connect (OSTI)

    Not Available

    1991-08-01

    This paper reports that no reliable information on Iraqi E and P operations and only a few reports on oil field facilities damage have been available since last August. Most of what is known originated from the Middle East Economic Survey (MEES), the authoritative newsletter covering the Middle East. According to MEES reports in major northern oil fields (Kirkuk, Bai Hasan and Jambur) is put at 800,000 bpd. The northern fields and the pipeline system through Turkey to the Mediterranean Sea that serves as an export outlet for the area apparently were not damaged much by coalition air strikes or subsequent fighting by the Kurds. Last May production was estimated at 250,000 bpd, presumably from northern fields. If and when U.N. sanctions are lifted, Iraq should be able to export promptly through the Turkish line.

  15. Nigeria: World Oil Report 1991

    SciTech Connect (OSTI)

    Not Available

    1991-08-01

    This paper reports that Middle East events have renewed interest in Nigeria's proven and potentially productive oil basins and fueled an upsurge in exploration and production activity. Increased oil revenues during the Gulf crisis were a bonus that will help pay for projects to boost production. Official goals are to increase production from current levels to 2.2 million bopd by the end of 1991 and 2.5 million bopd by 1995, and to raise reserves to 22 billion bbl by 1995. Shell, the largest operator, will spend $6.6 billion over five years on exploration and production to up its capacity from 1 million bopd to 1.3 million bopd, primarily with a $750-million investment for four new fields in South Forcados permit. Shell also announced reserve estimates of 400 million bbl of crude and 500 Bcf of gas for the Gharan structure onshore in Rivers State north of Yenogoa. Initial discovery was in January 1967, but the field was considered to be gas until Gbaran 4 was drilled in May 1990.

  16. Essays on Return and Volatility on World Stock Markets

    E-Print Network [OSTI]

    Liu, Jia

    2013-08-31

    sizes and etc. Those questions are addressed in this dissertation research. In Chapter 2, co-movements across worldwide stock markets are investigated. A dynamic factor model is designed to decompose stock return volatility into three orthogonal factors...

  17. Philippines: World Oil Report 1991

    SciTech Connect (OSTI)

    Khin, J.A. )

    1991-08-01

    This paper reports on the discovery of a major oil field in the West Linapacan area, plus encouraging signs from the Calauit 1B, both offshore Palawan, that have prompted foreign and local firms to increase exploration activity, which should result in the drilling of 22 wells this year, compared to only seven during 1990. The West Linapacan well is reported to have potential recoverable reserves of 109 million bbl, and a consortium led by Alcorn (Production) Philippines plans a two-phase development of the discovery, beginning with two or three follow-up wells. These will be part of the seven additional wells the Office of Energy Affairs has approved for 1991 or early 1992. The OEA expects production from West Linapacan to start by 1992 at an initial rate of 15,000 to 20,000 bopd.

  18. World oil market outlook: recent history and forecasts of world oil prices

    SciTech Connect (OSTI)

    Not Available

    1981-08-01

    Recent world oil price trends and pricing behavior by the Organization of Petroleum Exporting Countries (OPEC) are examined. An outlook for consumption, production and prices in the world oil market, both for the short-term horizon through 1982 and for the midterm period from 1985 through 1995 is presented. A historical review focuses on OPEC activity in the period from January 1980 to May 1981. Several sensitivity analyses and the impact of supply disruptions are used to determine projections. The appendix provides data on world crude oil prices for each of 23 countries for January, May, and June of 1980 and May of 1981. 22 tables, 9 figures.

  19. Process for producing a high quality lube oil stock

    SciTech Connect (OSTI)

    Ward, J.W.

    1987-03-10

    A process is described for converting a waxy hydrocarbon feedstock containing a substantial proportion of hydrocarbonaceous material boiling above about 650/sup 0/F into a high quality lube oil stock which comprises: (a) contacting the waxy hydrocarbon feedstock with a dewaxing catalyst in a dewaxing zone under conditions such that the pour point of the feedstock is reduced, the dewaxing catalyst comprising a molecular sieve containing pores defined by 10-membered rings of oxygen atoms; (b) contacting at least a portion of the effluent from the dewaxing zone with molecular hydrogen in the presence of a hydrocracking catalyst in a hydrocracking zone under conditions such that a further reduction in pour point is effected. The hydrocracking catalyst comprises at least one hydrogenation component selected from the group consisting of Group VIB metal components and Group VIII metal components on a support comprising a crystalline aluminosilicate Y zeolite having catalytic activity for cracking hydrocarbons and a porous refractory oxide comprising silica-alumina dispersed in a matrix of gamma alumina; and (c) recovering a high quality lube oil stock from the effluent of the hydrocracking zone.

  20. Drunk On Oil: Russian Foreign Policy 2000-2007

    E-Print Network [OSTI]

    Brugato, Thomas

    2008-01-01

    Julia. “ World Stocks Sag as Oil Price Surges. ” The NewCollapse: Grain and Oil,” On the Issues, Am. Enterpriseet. al. , “Unrelenting Oil Addiction,” Russ. in Global

  1. PEAKING OF WORLD OIL PRODUCTION: IMPACTS, MITIGATION, & RISK MANAGEMENT

    E-Print Network [OSTI]

    Laughlin, Robert B.

    PEAKING OF WORLD OIL PRODUCTION: IMPACTS, MITIGATION, & RISK MANAGEMENT Robert L. Hirsch, SAIC OF WORLD OIL PRODUCTION III. WHY TRANSITION WILL BE TIME CONSUMING IV. LESSONS FROM PAST EXPERIENCE V REMARKS APPENDICES #12;4 EXECUTIVE SUMMARY The peaking of world oil production presents the U

  2. Quantifying the Uncertainty in Estimates of World Conventional Oil Resources 

    E-Print Network [OSTI]

    Tien, Chih-Ming

    2010-07-14

    Since Hubbert proposed the "peak oil" concept to forecast ultimate recovery of crude oil for the U.S. and the world, there have been countless debates over the timing of peak world conventional oil production rate and ultimate recovery. From review...

  3. Who Are the Major Players Supplying the World Oil Market?

    Reports and Publications (EIA)

    2013-01-01

    Energy in Brief article on the world supply of oil through ownership of national oil companies and, for some governments, their membership in the Organization of the Petroleum Exporting Countries (OPEC).

  4. Oil Prices, Stock Markets and Portfolio Investment: Evidence from Sector Analysis in Europe over the Last Decade

    E-Print Network [OSTI]

    Paris-Sud XI, Université de

    Oil Prices, Stock Markets and Portfolio Investment: Evidence from Sector Analysis in Europe over This article extends the understanding of oil­stock market relationships over the last turbulent decade. Unlike returns to oil price changes differ greatly depending on the activity sector. In the out

  5. World Oil Price Cases (released in AEO2005)

    Reports and Publications (EIA)

    2005-01-01

    World oil prices in Annual Energy Outlook 2005 are set in an environment where the members of OPEC (Organization of the Petroleum Exporting Countries) are assumed to act as the dominant producers, with lower production costs than other supply regions or countries. Non-OPEC oil producers are assumed to behave competitively, producing as much oil as they can profitability extract at the market price for oil. As a result, the OPEC member countries will be able effectively to set the price of oil when they can act in concert by varying their aggregate production. Alternatively, OPEC members could target a fixed level of production and let the world market determine the price.

  6. ,"Crude Oil and Petroleum Products Total Stocks Stocks by Type"

    U.S. Energy Information Administration (EIA) Indexed Site

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Home Page on Google Bookmark EERE: Alternative Fuels Data Center HomeMonthly","10/2015" ,"Release Date:","12/31/2015" ,"Next ReleaseTotal Stocks Stocks by

  7. World Oil Prices in AEO2007 (released in AEO2007)

    Reports and Publications (EIA)

    2007-01-01

    Over the long term, the Annual Energy Outlook 2007 (AEO) projection for world oil prices -- defined as the average price of imported low-sulfur, light crude oil to U.S. refiners -- is similar to the AEO2006 projection. In the near term, however, AEO2007 projects prices that are $8 to $10 higher than those in AEO2006.

  8. World Oil Prices in AEO2006 (released in AEO2006)

    Reports and Publications (EIA)

    2006-01-01

    World oil prices in the Annual Energy Outlook 2006 (AEO) reference case are substantially higher than those in the AEO2005 reference case. In the AEO2006 reference case, world crude oil prices, in terms of the average price of imported low-sulfur, light crude oil to U.S. refiners, decline from current levels to about $47 per barrel (2004 dollars) in 2014, then rise to $54 per barrel in 2025 and $57 per barrel in 2030. The price in 2025 is approximately $21 per barrel higher than the corresponding price projection in the AEO2005 reference case.

  9. Peaking of world oil production: Impacts, mitigation, & risk management

    SciTech Connect (OSTI)

    Hirsch, R.L.; Bezdek, Roger; Wendling, Robert

    2005-02-01

    The peaking of world oil production presents the U.S. and the world with an unprecedented risk management problem. As peaking is approached, liquid fuel prices and price volatility will increase dramatically, and, without timely mitigation, the economic, social, and political costs will be unprecedented. Viable mitigation options exist on both the supply and demand sides, but to have substantial impact, they must be initiated more than a decade in advance of peaking.... The purpose of this analysis was to identify the critical issues surrounding the occurrence and mitigation of world oil production peaking. We simplified many of the complexities in an effort to provide a transparent analysis. Nevertheless, our study is neither simple nor brief. We recognize that when oil prices escalate dramatically, there will be demand and economic impacts that will alter our simplified assumptions. Consideration of those feedbacks will be a daunting task but one that should be undertaken. Our aim in this study is to-- • Summarize the difficulties of oil production forecasting; • Identify the fundamentals that show why world oil production peaking is such a unique challenge; • Show why mitigation will take a decade or more of intense effort; • Examine the potential economic effects of oil peaking; • Describe what might be accomplished under three example mitigation scenarios. • Stimulate serious discussion of the problem, suggest more definitive studies, and engender interest in timely action to mitigate its impacts.

  10. Impact of growing Asian markets on the world oil industry

    SciTech Connect (OSTI)

    Manning, T.J. [Purvin and Gertz, Inc., Houston, TX (United States); Vautrain, J.H. [Purvin and Gertz, Inc., Los Angeles, CA (United States); Adair, P. [Purvin and Gertz, Inc., Singapore (Singapore)

    1996-12-01

    The focus of world petroleum activity has largely shifted from the industrialized OPEC nations to the rapidly developing countries of Asia where new refinery ventures, marketing operations, and trading offices have proliferated. Asia consumed 22% of the world`s petroleum in 1985, but rapid growth in the past decade has raised its share to over 30%. Demand in Asia has grown by an average of 550,000 B/D each year since 1985, accounting for 80% of the world`s total growth in demand. The robust demand growth envisioned for the 1990s cannot last indefinitely. The key factor restricting growth will be the world`s capacity to produce crude oil, which they believe will begin to approach sustainable limits after 2000. When those limits are reached, another oil price shock is likely, and another cycle of conservation and substitution will begin. If growth were to continue at the high rates of the 1990s, crude availability limits would be reached early in the next century. In this paper, they have presented a soft landing path for demand, production, and pricing. They project a gradual slowdown in demand growth, in response to a gradual increase in real crude oil prices. In the real world, a much rougher path is likely, even though both paths start and end at the same point.

  11. Saudi Arabia: World Oil Report 1991

    SciTech Connect (OSTI)

    Not Available

    1991-08-01

    This paper reports on the Saudi Arabian Oil Co. (Saudi Aramco), the only operator in the country, that has accelerated its production expansion program aimed at boosting capacity from the current 8.5 million bpd to 10 million bpd. Initially expected to be completed by 1999, it now appears a sustainable 10 million bpd rate may be attainable by 1996. By this time next year, at least nine major onshore projects will have been started as well as five offshore. Included will be development of Hawtah, the initial oil discovery in the Central province south of Riyadh. The program also means significantly increased drilling. In fact, 1991 completions should easily double those of last year.

  12. Stocks of Distillate Fuel Oil 15 ppm Sulfur and Under

    Gasoline and Diesel Fuel Update (EIA)

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantity of Natural GasAdjustments (Billion Cubic Feet) Wyoming963 1.969 1.979 1.988 1.996Deutsche Bank AG Oil10:Price27,84320,354

  13. Metabolic paths in world economy and crude oil price

    E-Print Network [OSTI]

    Picciolo, Francesco; Ruzzenenti, Franco

    2015-01-01

    In 1983 Hamilton demonstrated the correlation between the price of oil and gross national product for the U.S. economy. A prolific literature followed exploring the potential correlation of oil prices with other important indices like inflation, industrial production, and food prices, using increasingly refined tools. Our work sheds new light on the role of oil prices in shaping the world economy by investigating the metabolic paths of value across trade between 1960 and 2010, by means of Markov Chain analysis. We show that the interdependence of countries' economies are strictly (anti)correlated to the price of oil. We observed a remarkably high correlation of 0.85, unmatched by any former study addressing the correlation between oil price and major economic indicators.

  14. Future world oil supplies: There is a finite limit

    SciTech Connect (OSTI)

    Ivanhoe, L.F.

    1995-10-01

    The question is not whether, but when, world crude productivity will start to decline, ushering in the permanent oil shock era. While global information for predicting this ``event`` is not so straightforward as the data M. King Hubbert used in creating his famous curve that predicted the US oil production peak, there are indications that most of the large exploration targets have been found, at the same time that the world`s population is exploding. This theme and a discussion of ``reserve`` and ``resource`` definitions and use, or abuse, are the subjects of this article. Discussions and illustrations give one indication of where the world is in crude production and reserves, and where it is headed.

  15. Future world oil production: Growth, plateau, or peak?1 Larry Hughes and Jacinda Rudolph

    E-Print Network [OSTI]

    Hughes, Larry

    ERG/201005 Future world oil production: Growth, plateau, or peak?1 Larry Hughes and Jacinda Rudolph Energy Systems 2010 #12;Future world oil production: Growth, plateau, or peak? Larry Hughes2 and Jacinda Scotia, Canada Abstract With the exception of two oil shocks in the 1970s, world oil production

  16. Drunk On Oil: Russian Foreign Policy 2000-2007

    E-Print Network [OSTI]

    Brugato, Thomas

    2008-01-01

    World Stocks Sag as Oil Price Surges. ” The New York Times,Second, the increase in oil prices may make Russia moreof action. Nevertheless, oil prices still have a significant

  17. World oil model development. Progress report No. 1

    SciTech Connect (OSTI)

    Gately, D.

    1981-01-01

    A newly developed model of the world oil market is described in this report. This model has the following features: (1) energy is disaggregated into oil and non-oil; (2) the world is disaggregated as follows: the US, the rest of the OECD, OPEC, and the rest of WOCA; and (3) an energy-economy feedback is included. This satisfies some of the tasks in the Contract's Statement of Work. The model is described in Section II. Illustrative results are presented in Section III, for a single price-path: actual OPEC prices from 1973 to 1981, then constant real price thru 1990. These results are also compared with actual historical data for 1973 to 1980.

  18. World oil flow slips in 1991 amid Mideast, U. S. S. R. woes

    SciTech Connect (OSTI)

    Beck, R.J.

    1992-03-09

    World crude oil production slipped 0.9% in 1991 to average 59,964 million b/d. This paper reports that production declines related to war damage in Kuwait, United Nations sanctions on exports from Iraq, and oil sector woes in the crumbling U.S.S.R. were almost offset by higher production from other members of the Organization of Petroleum Exporting Countries. OPEC crude production rose 0.6% in 1991 to average 23.425 million b/d, and non-OPEC output fell 1.9% to average 36.539 million b/d in 1991. Excluding the U.S.S.R., non-OPEC production moved up 1.5% to average 26.239 million b/d. World demand inched up about 200,000 b/d, estimates International Energy Agency, and IEA data show about 300,000 b/d was added to stocks in 1991. World crude prices started 1991 at their highest level, then fell off to average $17.82/bbl, down 16.5% from 1990 levels. Meantime, a slight increase in demand is predicted for 1992, and price stability again hinges on OPEC's ability to limit production.

  19. Cost, Conflict and Climate: U.S. Challenges in the World Oil Market

    E-Print Network [OSTI]

    Borenstein, Severin

    2008-01-01

    at the world price of oil and prices of gasoline and otherincremental pro?ts when oil prices rise come from both U.S.the recent increases in oil prices and attempts to clarify

  20. Cost, Conflict and Climate: U.S. Challenges in the World Oil Market

    E-Print Network [OSTI]

    Borenstein, Severin

    2008-01-01

    industry means that all oil demand pushes up the price ofearly 1980s drove down oil demand by 7% worldwide betweento suggest that the demand side of the world oil market or

  1. Available online at www.sciencedirect.com Future world oil production: growth, plateau, or peak?

    E-Print Network [OSTI]

    Ito, Garrett

    ], the growth in oil consumption, and hence production, resumed in the mid- 1980s, albeit in a more linearAvailable online at www.sciencedirect.com Future world oil production: growth, plateau, or peak? Larry Hughes and Jacinda Rudolph With the exception of two oil shocks in the 1970s, world oil production

  2. The imperfect price-reversibility of world oil demand

    SciTech Connect (OSTI)

    Gately, D. [New York Univ., NY (United States)

    1993-12-31

    This paper examines the price-reversibility of world oil demand, using price-decomposition methods employed previously on other energy demand data. We conclude that the reductions in world oil demand following the oil price increases of the 1970s will not be completely reversed by the price cuts of the 1980s. The response to price cuts in the 1980s is perhaps only one-fifth that for price increases in the 1970s. This has dramatic implications for projections of oil demand, especially under low-price assumptions. We also consider the effect on demand of a price recovery (sub-maximum increase) in the 1990s - due either to OPEC or to a carbon tax-specifically whether the effects would be as large as for the price increases of the 1970s or only as large as the smaller demand reversals of the 1980s. On this the results are uncertain, but a tentative conclusion is that the response to a price recovery would lie midway between the small response to price cuts and the larger response to increases in the maximum historical price. Finally, we demonstrate two implications of wrongly assuming that demand is perfectly price-reversible. First, such an assumption will grossly overestimate the demand response to price declines of the 1980s. Secondly, and somewhat surprisingly, it causes an underestimate of the effect of income growth on future demand. 21 refs., 11 figs., 1 tab.

  3. Fact #578: July 6, 2009 World Oil Reserves, Production, and Consumption, 2007

    Office of Energy Efficiency and Renewable Energy (EERE)

    The United States was responsible for 8% of the world's petroleum production, held 2% of the world's crude oil reserves, and consumed 24% of the world's petroleum consumption in 2007. The...

  4. Big questions cloud Iraq's future role in world oil market

    SciTech Connect (OSTI)

    Tippee, B.

    1992-03-09

    This paper reports that Iraq raises questions for the world oil market beyond those frequently asked about when and under what circumstances it will resume exports. Two wars since 1981 have obscured encouraging results from a 20 year exploration program that were only beginning to come to light when Iraq invaded Kuwait in August 1990. Those results indicate the country might someday be able to produce much more than the 3.2 million b/d it was flowing before a United Nations embargo blocked exports. If exploratory potential is anywhere near what officials asserted in the late 1980s, and if Iraq eventually turns hospitable to international capital, the country could become a world class opportunity for oil companies as well as an exporter with productive capacity approaching that of Saudi Arabia. But political conditions can change quickly. Under a new, secular regime, Iraq might welcome non-Iraqi oil companies and capital as essential to economic recovery. It's a prospect that warrants a new industry look at what the country has revealed about its geology and exploration history.

  5. The response of world energy and oil demand to income growth and changes in oil prices

    SciTech Connect (OSTI)

    Dargay, J. [Oxford Univ. (United Kingdom). Transport Studies Unit; Gately, D. [New York Univ., NY (United States). Economics Dept.

    1995-11-01

    This paper reviews the path of world oil demand over the past three decades, and the effects of both the oil price increases of the 1970s and the oil price decreases of the 1980s. Compared with demand in the industrialized countries, demand in the Less Developed Countries (LDC) has been more responsive to income growth, less responsive to price increases, and more responsive to price decreases. The LDC has also exhibited much greater heterogeneity in income growth and is effect on demand. The authors expect a smaller demand response to future price increases than to those of the 1970s. The demand response to future income growth will be not substantially smaller than in the past. Finally, given the prospect of growing dependence on OPEC oil, in the event of a major disruption the lessened price-responsiveness of demand could cause dramatic price increases and serious macroeconomic effects.

  6. Finding new reserves of oil and gas As the world's reserves of oil and gas become exhausted, we urgently need to find new

    E-Print Network [OSTI]

    Anderson, Jim

    Finding new reserves of oil and gas As the world's reserves of oil and gas become exhausted, we with oil or natural gas is greatly increased. Southampton academics have led the world in CSEM for more with Norwegian oil and gas company Statoil and UCSD's Scripps Institution of Oceanography. Southampton provided

  7. The bears come out for summer: A world awash in oil

    SciTech Connect (OSTI)

    Not Available

    1993-07-30

    In this issue, Energy Detente examines near term oil price and supply prospects. World oil prices have plunged over the last eight weeks to their lowest levels since 1991. This can be attributed to low world oil demand and bearish speculation on world oil markets that the on-again off-again oil export negotiations between Iraq and the United Nations may result in limited amounts of Iraqi crude being added to already swollen oil supplies. To recessionary economics in consuming countries, trends to raise taxes and reduce fuel price subsidies in many countries, and rising costs of environmental protection, producers also scrutinize a concerned Organization of Petroleum Exporting Countries (OPEC). OPEC's reactive potentials are heightened in a period of such market uncertainities.

  8. World Oil Prices and Production Trends in AEO2010 (released in AEO2010)

    Reports and Publications (EIA)

    2010-01-01

    In Annual Energy Outlook 2010, the price of light, low-sulfur (or "sweet") crude oil delivered at Cushing, Oklahoma, is tracked to represent movements in world oil prices. The Energy Information Administration makes projections of future supply and demand for "total liquids,"" which includes conventional petroleum liquids -- such as conventional crude oil, natural gas plant liquids, and refinery gain -- in addition to unconventional liquids, which include biofuels, bitumen, coal-to-liquids (CTL), gas-to-liquids (GTL), extra-heavy oils, and shale oil.

  9. World Oil Prices and Production Trends in AEO2008 (released in AEO2008)

    Reports and Publications (EIA)

    2008-01-01

    Annual Energy Outlook 2008 (AEO) defines the world oil price as the price of light, low-sulfur crude oil delivered in Cushing, Oklahoma. Since 2003, both "above ground" and "below ground" factors have contributed to a sustained rise in nominal world oil prices, from $31 per barrel in 2003 to $69 per barrel in 2007. The AEO2008 reference case outlook for world oil prices is higher than in the AEO2007 reference case. The main reasons for the adoption of a higher reference case price outlook include continued significant expansion of world demand for liquids, particularly in non-OECD (Organization for Economic Cooperation and Development) countries, which include China and India; the rising costs of conventional non-OPEC (Organization of the Petroleum Exporting Countries) supply and unconventional liquids production; limited growth in non-OPEC supplies despite higher oil prices; and the inability or unwillingness of OPEC member countries to increase conventional crude oil production to levels that would be required for maintaining price stability. The Energy Information Administration will continue to monitor world oil price trends and may need to make further adjustments in future AEOs.

  10. The social costs to the US of monopolization of the world oil market, 1972--1991

    SciTech Connect (OSTI)

    Greene, D.L.; Leiby, P.N.

    1993-03-01

    The partial monopolization of the world oil market by the OPEC cartel has produced significant economic costs to the economies of the world. This paper reports estimates of the costs of monopolization of oil to the US over the period 1972--1991. Two fundamental assumptions of the analysis are, (1) that OPEC has acted as a monopoly, albeit with limited control, knowledge, and ability to act and, (2) that the US and other consuming nations could, through collective (social) action affect the cartel`s ability to act as a monopoly. We measure total costs by comparing actual costs for the 1972--1991 period to a hypothetical ``more competitive`` world oil market scenario. By measuring past costs we avoid the enormous uncertainties about the future course of the world oil market and leave to the reader`s judgment the issue of how much the future will be like the past. We note that total cost numbers cannot be used to determine the value of reducing US oil use by one barrel. They are useful for describing the overall size of the petroleum problem and are one important factor in deciding how much effort should be devoted to solving it. Monopoly pricing of oil transfers wealth from US oil consumers to foreign oil producers and, by increasing theeconomic scarcity of oil, reduces the economy`s potential to produce. The actions of the OPEC cartel have also produced oil price shocks, both upward and downward, that generate additional costs because of the economy`s inherent inability to adjust quickly to a large change in energy prices. Estimated total costs to the United States from these three sources for the 1972--1991 period are put at $4.1 trillion in 1990$($1.2 T wealth transfer, $0.8 T macroeconomic adjustment costs, $2.1 T potential GNP losses). The cost of the US`s primary oil supply contingency program is small ($10 B) by comparison.

  11. The social costs to the US of monopolization of the world oil market, 1972--1991

    SciTech Connect (OSTI)

    Greene, D.L.; Leiby, P.N.

    1993-03-01

    The partial monopolization of the world oil market by the OPEC cartel has produced significant economic costs to the economies of the world. This paper reports estimates of the costs of monopolization of oil to the US over the period 1972--1991. Two fundamental assumptions of the analysis are, (1) that OPEC has acted as a monopoly, albeit with limited control, knowledge, and ability to act and, (2) that the US and other consuming nations could, through collective (social) action affect the cartel's ability to act as a monopoly. We measure total costs by comparing actual costs for the 1972--1991 period to a hypothetical more competitive'' world oil market scenario. By measuring past costs we avoid the enormous uncertainties about the future course of the world oil market and leave to the reader's judgment the issue of how much the future will be like the past. We note that total cost numbers cannot be used to determine the value of reducing US oil use by one barrel. They are useful for describing the overall size of the petroleum problem and are one important factor in deciding how much effort should be devoted to solving it. Monopoly pricing of oil transfers wealth from US oil consumers to foreign oil producers and, by increasing theeconomic scarcity of oil, reduces the economy's potential to produce. The actions of the OPEC cartel have also produced oil price shocks, both upward and downward, that generate additional costs because of the economy's inherent inability to adjust quickly to a large change in energy prices. Estimated total costs to the United States from these three sources for the 1972--1991 period are put at $4.1 trillion in 1990$($1.2 T wealth transfer, $0.8 T macroeconomic adjustment costs, $2.1 T potential GNP losses). The cost of the US's primary oil supply contingency program is small ($10 B) by comparison.

  12. Natural gas: Governments and oil companies in the Third World

    SciTech Connect (OSTI)

    Davidson, A.; Hurst, C.; Mabro, R.

    1988-01-01

    It is asserted that oil companies claim to be generally receptive to gas development proposals; however, the lack of potential markets for gas, problems of foreign exchange convertibility, and lack of a legal framework often hinders their engagement. Governments, on the other hand, need to secure domestic energy supply and, if possible, gain some export earnings or royalties. An extensive discussion on the principles of pricing and fiscal regimes, potential points of disagreement is provided. A course of action is outlined from the managerial point of view to circumvent the most common pitfalls in planning and financing a gas project. Eight very detailed case studies are presented for Argentina, Egypt, Malaysia, Nigeria, Pakistan, Tanzania, Tunisia and Thailand.

  13. World heavy oil and bitumen riches - update 1983: Part one, reserves

    SciTech Connect (OSTI)

    Not Available

    1983-05-25

    The fact that there are several OPEC members with significant non-conventional petroleum reserves, coupled with the economic interdependence of OPEC with oil-importing industrialized countries, means it is very much in OPEC's interest to promote international cooperation on non-conventional oil. The rationale behind the goal of decreasing dependence on conventional oil, particularly in the case of imports, is promotive of reducing pressure not only on oil-importing nations, but exporters as well. Thus it is in the interests of all countries to plan for the heavying up of the petroleum barrel, as this will inevitably accompany the decreases in conventional supplies and any increases of non-petroleum participation in the world energy diet. Although the megaprojects in Canada and Venezuela and other ambitious plans for development of heavy oil and bitumen have been shelved or delayed indefinitely due to lower light oil prices and reduced financial support, it was found that these setbacks have been superficial. Both Canada and Venezuela continue to pursue joint research with foreign countries and private companies. Like conservation, non-conventional petroleum-resource development is seen as internationally constructive. In this updating of reserves, it is noted that the geopolitics are inescapable when most of the light and medium oil is in the Middle East, and most heavy oil and tar sands are in the Western Hemisphere. This issue presents the Energy Detente fuel price/tax series and industrial fuel prices for May 1983 for countries of the Western Hemisphere.

  14. U.S. Total Stocks of Crude Oil and Petroleum Products

    Gasoline and Diesel Fuel Update (EIA)

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantity of Natural GasAdjustments (Billion Cubic Feet) Wyoming Dry NaturalPrices Global CrudeWhat'sMay-15May-15 Jun-15 Jul-15StockTotal

  15. China's Global Oil Strategy

    E-Print Network [OSTI]

    Thomas, Bryan G

    2009-01-01

    growth. For data on world oil consumption and long- term oilOil Production Domestic Oil Consumption a variety of

  16. Islamic Finance Bulletin Conventional Stock Markets 2

    E-Print Network [OSTI]

    Meju, Max

    in Oman crude prices are re- flected in the Oman stock markets returns as it rose by about 5 percent- lar increased from oil importers, and as #12;StockMarkets Table 2: Evolution of Islamic Stock MarketsIslamic Finance Bulletin April 2012 Conventional Stock Markets 2 Islamic Stock Markets 4 Bond

  17. Stocks of Distillate Fuel Oil Greater Than 15 ppm to 500 ppm Sulfur

    Gasoline and Diesel Fuel Update (EIA)

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantity of Natural GasAdjustments (Billion Cubic Feet) Wyoming963 1.969 1.979 1.988 1.996Deutsche Bank AG Oil10:Price27,84320,3548,679

  18. Naturally fractured reservoirs contain a significant amount of the world oil reserves. A number of these reservoirs contain several

    E-Print Network [OSTI]

    Arbogast, Todd

    Summary Naturally fractured reservoirs contain a significant amount of the world oil reserves simulation of naturally fractured reservoirs is one of the most important, challenging, and computationally intensive problems in reservoir engineering. Parallel reservoir simulators developed for naturally fractured

  19. Understanding Crude Oil Prices

    E-Print Network [OSTI]

    Hamilton, James Douglas

    2008-01-01

    From EIA, “World Production of Crude Oil, NGPL, and Otherfrom EIA, “World Production of Crude Oil, NGPL, and Otherfrom EIA, “World Production of Crude Oil, NGPL, and Other

  20. Essays on Forecasting and Hedging Models in the Oil Market and Causality Analysis in the Korean Stock Market 

    E-Print Network [OSTI]

    Choi, Hankyeung

    2012-10-19

    , the nature of forecasting crude oil prices based on financial data for the oil and oil product market is examined. As crack spread and oil-related Exchange-Traded Funds (ETFs) have enabled more consumers and investors to gain access to the crude oil...

  1. Cost, Conflict and Climate: U.S. Challenges in the World Oil Market

    E-Print Network [OSTI]

    Borenstein, Severin

    2008-01-01

    to understand U.S. oil consumption and production in thechallenges that U.S. oil consumption presents: the economicother valuable assets. Oil Consumption and Greenhouse Gases

  2. Mining Distribution Change in Stock Order Streams Xiaoyan Liu#1

    E-Print Network [OSTI]

    Zhang, Rui

    by employing a natural Poisson distribution assumption about the nature of stock order streams. We establish that an oil company has found a new oil source, they will submit large numbers of orders to buy the stocks

  3. Cost, Conflict and Climate: U.S. Challenges in the World Oil Market

    E-Print Network [OSTI]

    Borenstein, Severin

    2008-01-01

    1.1 and 1.1A Figure 6: Uses of Crude Oil in the UnitedStates Other Residual Fuel Oil (bunker fuel) PetrochemicalDiesel Fuel and Heating Oil Jet Fuel Figure 7: Sources of

  4. Cost, Conflict and Climate: U.S. Challenges in the World Oil Market

    E-Print Network [OSTI]

    Borenstein, Severin

    2008-01-01

    increases in the price of crude oil during the last half ofdollar-denominated price of crude oil increased about 50%.month contract) price per gallon of crude oil and gasoline

  5. Insights from a Simple Hotelling Model of the World Oil Market C.-Y. Cynthia Lina1

    E-Print Network [OSTI]

    Lin, C.-Y. Cynthia

    data used in this study were acquired with the help of Brian Greene and with funds from the Littauer Kennedy School Pre-Doctoral Fellowship in energy policy. All errors are my own. #12;1 1 INTRODUCTION. In a 1980-1981 study by Stanford University's Energy Modeling Forum of ten prominent models of the world oil

  6. A network analysis of the global energy market: an insight on the entanglement between crude oil and the world economy

    E-Print Network [OSTI]

    Ruzzenenti, Franco; Papandreou, Andreas

    2015-01-01

    One major hurdle in the road toward a low carbon economy is the present entanglement of developed economies with oil. This tight relationship is mirrored in the correlation between most of economic indicators with oil price. This paper addresses the role of oil compared to the other three main energy commodities -coal, gas and electricity, in shaping the international trading network (ITW or WTW, world trade web) in the light of network theory. It initially surveys briefly the literature on the correlation between oil prices with economic growth and compares the concepts of time correlation with the concept of spatial correlation brought about by network theory. It outlines the conceptual framework underpinning the network measures adopted in the analysis and results are presented. Three measures are taken into account: the ratio of mutual exchanges in the network (reciprocity); the role of distances in determining trades (spatial filling); and the spatial correlation of energy commodities with the whole trad...

  7. EIA model documentation: World oil refining logistics demand model,``WORLD`` reference manual. Version 1.1

    SciTech Connect (OSTI)

    Not Available

    1994-04-11

    This manual is intended primarily for use as a reference by analysts applying the WORLD model to regional studies. It also provides overview information on WORLD features of potential interest to managers and analysts. Broadly, the manual covers WORLD model features in progressively increasing detail. Section 2 provides an overview of the WORLD model, how it has evolved, what its design goals are, what it produces, and where it can be taken with further enhancements. Section 3 reviews model management covering data sources, managing over-optimization, calibration and seasonality, check-points for case construction and common errors. Section 4 describes in detail the WORLD system, including: data and program systems in overview; details of mainframe and PC program control and files;model generation, size management, debugging and error analysis; use with different optimizers; and reporting and results analysis. Section 5 provides a detailed description of every WORLD model data table, covering model controls, case and technology data. Section 6 goes into the details of WORLD matrix structure. It provides an overview, describes how regional definitions are controlled and defines the naming conventions for-all model rows, columns, right-hand sides, and bounds. It also includes a discussion of the formulation of product blending and specifications in WORLD. Several Appendices supplement the main sections.

  8. Progress report to the National Science Foundation for the period July 1, 1980 to December 31, 1981 of the project on cartel behavior and exhaustible resource supply : a case study of the world oil market

    E-Print Network [OSTI]

    International Energy Studies Program (Massachusetts Institute of Technology)

    1982-01-01

    The M.I.T. World Oil Project has been developing forecasting methods that integrate the following considerations which influence investment in oil capacity and the level of oil exports: (1) the geology and microeconomics ...

  9. Cost, Conflict and Climate: U.S. Challenges in the World Oil Market

    E-Print Network [OSTI]

    Borenstein, Severin

    2008-01-01

    incremental income from oil production inside the U.S. “U.S.that it would expand oil production in the U.S. by more thanthe wealth created by oil production in the U.S. o?sets the

  10. Cost, Conflict and Climate: U.S. Challenges in the World Oil Market

    E-Print Network [OSTI]

    Borenstein, Severin

    2008-01-01

    course. Only 45% of re?ned oil product used in the U.S. isand imported re?ned oil products) per day or 7.6 billionto absorb water than re?ned oil products, so more costly to

  11. Jim Stock

    Broader source: Energy.gov [DOE]

     James H. Stock is a member of the Council of Economic Advisers and is responsible for offering the President objective advice on the formulation of economic policy.  Stock was previously...

  12. World Oil Prices and Production Trends in AEO2009 (released in AEO2009)

    Reports and Publications (EIA)

    2009-01-01

    The oil prices reported in Annual Energy Outlook 2009 (AEO) represent the price of light, low-sulfur crude oil in 2007 dollars. Projections of future supply and demand are made for "liquids," a term used to refer to those liquids that after processing and refining can be used interchangeably with petroleum products. In AEO2009, liquids include conventional petroleum liquids -- such as conventional crude oil and natural gas plant liquids -- in addition to unconventional liquids, such as biofuels, bitumen, coal-to-liquids (CTL), gas-to-liquids (GTL), extra-heavy oils, and shale oil.

  13. Petroleum industry sensitivity and world oil market prices: The Nigerian example

    SciTech Connect (OSTI)

    Kalu, T.Ch.U. [Univ. of Ilorin (Nigeria)

    1995-12-31

    Most empirical studies have focused on the demand side of energy with little or no attention to the supply side. To deal with this defect, this paper adopts a microanalytic approach to the problem of the individual oil firms to provide a basis for determining the effects of changes in such macro-variables as prices on their operations. However, instead of the familiar econometric approach to energy studies, a goal programming approach is adopted. Using a multinational oil company as a case study, the effects of change in crude oil prices are examined. The results, among other things, support the hypersensitivity of oil companies to changes in economic cycles, the price inelasticity of demand for crude oil in the short run, and a time lag between price change and the time an oil company responds to it. The management and policy implications of the results are also discussed. 28 refs., 3 tabs.

  14. Y. Yiliyasi and D. Berleant, "World oil reserves data: information quality assessment and analysis," 16th International Conference on Information Quality, Nov. 18-20, 2011, Adelaide, Australia

    E-Print Network [OSTI]

    Berleant, Daniel

    have important implications due to the heavy reliance of modern economy on petroleum. Bad data can and governments or are not freely available. In some cases, oil reserve figures are exaggerated for economicY. Yiliyasi and D. Berleant, "World oil reserves data: information quality assessment and analysis

  15. Econometric Modelling of World Oil Supplies: Terminal Price and the Time to Depletion

    E-Print Network [OSTI]

    Mohaddes, Kamiar

    2012-03-02

    ¤erent to various sources of energy, such as coal, natural gas, oil, and nuclear. Thus it is appropriate to ?rst look at the demand for energy before determining the speci?c demand for oil. The main reason for this is that although its composition will change... -run relationships when it comes to the demand for oil, given that countries impose subsidies and taxes on energy to di¤erent degrees. On the other hand there are often good reasons to expect that long-run relationships between variables are homogeneous across...

  16. Final report to the National Science Foundation for the period July 1, 1978 to June 30, 1980 of project on cartel behavior and exhaustible resource supply : a case study of the world oil market.

    E-Print Network [OSTI]

    M.I.T. World Oil Project.

    1981-01-01

    The M.I.T. World Oil Project has been developing improved methods and data for analysis of the future course of the world oil market. Any forecast of this market depends on analysis of the likely demand for oil imports by ...

  17. The domestic natural gas and oil initiative. Energy leadership in the world economy

    SciTech Connect (OSTI)

    Not Available

    1993-12-01

    Two key overarching goals of this Initiative are enhancing the efficiency and competitiveness of U.S. industry and reducing the trends toward higher imports. These goals take into account new Federal policies that reflect economic needs, including economic growth, deficit reduction, job creation and security, and global competitiveness, as well as the need to preserve the environment, improve energy efficiency, and provide for national security. The success of this Initiative clearly requires coordinated strategies that range far beyond policies primarily directed at natural gas and oil supplies. Therefore, this Initiative proposes three major strategic activities: Strategic Activity 1 -- increase domestic natural gas and oil production and environmental protection by advancing and disseminating new exploration, production, and refining technologies; Strategic Activity 2 -- stimulate markets for natural gas and natural-gas-derived products, including their use as substitutes for imported oil where feasible; and Strategic Activity 3 -- ensure cost-effective environmental protection by streamlining and improving government communication, decision making, and regulation. Finally, the Initiative will reexamine the costs and benefits of increase oil imports through a broad new Department of Energy study. This study will form the basis for additional actions found to be warranted under the study.

  18. The Twilight of the Modern World The Four Stages of the Post-Oil Breakdown

    E-Print Network [OSTI]

    Keeling, Stephen L.

    . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 2.3 Security gifts, And snatch them straight away? William Shakespeare (Pericles, Prince of Tyre Act III Scene I) 1. Before the Industrial Revolution, the world survived on renewables, either locally-based water

  19. NEMS International Energy Module, model documentation report: World Oil Market, Petroleum Products Supply and Oxygenates Supply components

    SciTech Connect (OSTI)

    Not Available

    1994-04-04

    The Energy Information Administration (EIA) is developing the National Energy Modeling System (NEMS) to enhance its energy forecasting capabilities and to provide the Department of Energy with a comprehensive framework for analyzing alternative energy` futures. NEMS is designed with a multi-level modular structure that represents specific energy supply activities, conversion processes, and demand sectors as a series of self-contained units which are linked by an integrating mechanism. The NEMS International Energy Module (IEM) computes world oil prices and the resulting patterns of international trade in crude oil and refined products. This report is a reference document for energy analysts, model users, and the public that is intended to meet EIA`s legal obligation to provide adequate documentation for all statistical and forecast reports (Public Law 93-275, section 57(b)(1). Its purpose is to describe the structure of the IEM. Actual operation of the model is not discussed here. The report contains four sections summarizing the overall structure of the IEM and its interface with other NEMS modules, mathematical specifications of behavioral relationships, and data sources and estimation methods. Following a general description of the function and rationale of its key components, system and equation level information sufficient to permit independent evaluation of the model`s technical details is presented.

  20. Stocks of Crude Oil, Commercial

    Gasoline and Diesel Fuel Update (EIA)

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantity of Natural GasAdjustments (Billion Cubic Feet)Decade Year-0 Year-1 Year-2Feet)Thousand7,Year Jan Feb MarDecadeStateStephen

  1. What else did the price crash do. World oil's new-think

    SciTech Connect (OSTI)

    Not Available

    1986-06-18

    The pricing of crude oil in relation to its refined product value should probably be viewed not as the cause of the international price crash touched off in late 1985, but as the consequence. Negotiating tables appear more cozy, with smaller distances between what buyers and sellers recognize as market-oriented prices. To an important degree, OPEC now officially prices by the netback system, and many other producers will likely follow soon. In California, an OPEC light crude and two domestics reveal new-think. This issue also includes the following: (1) ED refining netback data for the US Gulf and West Coasts, Rotterdam, and Singapore for June 1986; (2) ED fuel price/tax series for countries of the Eastern Hemisphere for May 1986 (unless otherwise indicated); and (3) principal industrial fuel prices for countries of the Eastern Hemisphere for March 1986.

  2. High-Performance Renewable Base Oils for Industrial Lubricants...

    Office of Energy Efficiency and Renewable Energy (EERE) Indexed Site

    High-Performance Renewable Base Oils for Industrial Lubricants Plant-Based Synthetic Lubricant Base Stock Reduces Emissions Dependence on foreign oil is a growing concern, as is...

  3. Understanding Crude Oil Prices

    E-Print Network [OSTI]

    Hamilton, James Douglas

    2008-01-01

    geological limits, global production of crude oil next yearGlobal production of crude petroleum. Notes: Bold line: From EIA, “World Production of Crude Oil,

  4. World Crude Oil Prices

    Gasoline and Diesel Fuel Update (EIA)

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantity of Natural GasAdjustments (Billion Cubic Feet) Wyoming Dry NaturalPrices1 Table 1.10 Cooling Degree-Days by038.2

  5. China's Global Oil Strategy

    E-Print Network [OSTI]

    Thomas, Bryan G

    2009-01-01

    unfettered access to oil resources including the possibleChina’s search for oil resources around the world. However,a survey of China’s oil resources, while others focus

  6. A study of soap stock from cotton seed oil as influenced by variations in the cooking temperature of the cotton seed meats 

    E-Print Network [OSTI]

    North, Harvey Steinle

    1932-01-01

    , for lb minutes to permit tne drains. e of the oil, The oil and oake wore woi?"heu and samples of eaoh taken for analysis. The refinin loss, crude protein and color were deC ermined by the methods given in the Rules of ths National 1 Cottonseed..., There wore lar e amounts of sodium carbonate formed, whioh fused and made complete combustion diffioult, so dry smraonium nitrate was added to the partially i~~ited sample to give oomplete oxidation, The usual method for the determination of miosture...

  7. A study of the composition of soap stock from cottonseed oil as influenced by variation in the length of time of cooking cotton-seed meats 

    E-Print Network [OSTI]

    Siecke, Paul

    1932-01-01

    effect of temperature, time? an4 rate of heating cn the quality of cakes and the refining loss of the oil Eads (1) states Chat, "In oocking at high temperatures, the length of time in cooking should be less than fifty minutes. " Ls shown by Caldwell.... 839 s4. 685c 6 6OI st3e590 C3e480C 6+821 ss2. 68'7 c2. 608C 7. 3O6 Length of Cook vs. Yield ano anality of Oil 40 'oe 550 o 520 g z10 00 0;. 90 -15 220 250 "80 20 215 22 2 0 225 ]. 0 0 9 b( 8 215 40 60 Length o" Cook in Mi utes...

  8. Textile World -TTU Researchers Develop Super-absorbent Nonwoven Cotton Mat For Oil Spills http://www.textileworld.com/Articles/2014/August/TTU_Researchers_Develop_Super-absorbent_Nonwoven_Cotton_Mat_For_Oil_Spills[8/6/2014 8:57:10 AM

    E-Print Network [OSTI]

    Rock, Chris

    Textile World - TTU Researchers Develop Super-absorbent Nonwoven Cotton Mat For Oil Spills http://www.textileworld.com/Articles/2014/August/TTU_Researchers_Develop_Super-absorbent_Nonwoven_Cotton_Mat_For_Oil_Spills[8/6/2014 8 August 5, 2014 Medical Grade Innovations Announces New, High-Performance Scrub Line August 5, 2014

  9. Just oil? The distribution of environmental and social impacts of oil production and consumption

    E-Print Network [OSTI]

    O'Rourke, D; Connolly, S

    2003-01-01

    Ranking the World’s Top Oil Companies, 2001: Fewer, Bigger,top echelon of “super majors” has been created that far surpasses other publicly traded oil companies

  10. Process for preparing lubricating oil from used waste lubricating oil

    DOE Patents [OSTI]

    Whisman, Marvin L. (Bartlesville, OK); Reynolds, James W. (Bartlesville, OK); Goetzinger, John W. (Bartlesville, OK); Cotton, Faye O. (Bartlesville, OK)

    1978-01-01

    A re-refining process is described by which high-quality finished lubricating oils are prepared from used waste lubricating and crankcase oils. The used oils are stripped of water and low-boiling contaminants by vacuum distillation and then dissolved in a solvent of 1-butanol, 2-propanol and methylethyl ketone, which precipitates a sludge containing most of the solid and liquid contaminants, unspent additives, and oxidation products present in the used oil. After separating the purified oil-solvent mixture from the sludge and recovering the solvent for recycling, the purified oil is preferably fractional vacuum-distilled, forming lubricating oil distillate fractions which are then decolorized and deodorized to prepare blending stocks. The blending stocks are blended to obtain a lubricating oil base of appropriate viscosity before being mixed with an appropriate additive package to form the finished lubricating oil product.

  11. WORLD PRODUCTION AND TRADE IN

    E-Print Network [OSTI]

    WORLD PRODUCTION AND TRADE IN FISH MEAL AND OIL UNITED STATES DEPARTMENT OF THE INTERIOR · FISH ON OF FISH MEAL AND OIL , ESPECIALLY DUR ING 1953 TO 1959, THE PRI NC IPAL MARKET S FOR THE PRODUCTS- DICATE WHAT IS INCLUDED BESIDES FISHMEAL AND FISH BODY OIL. #12;WORLD PRODUCTION AND TRADE IN FISH MEAL

  12. Impacts of oil disturbances: lessons from experience. [1973-1974 Oil Crisis; 1978-1979 Iranian Revolution; 1980-1981 Iran-Iraq War

    SciTech Connect (OSTI)

    Curlee, T R

    1983-01-01

    An analysis of the impacts of previous oil distrubances can be used to suggest the impacts of future oil disturbances. This paper reviews how the 1973-1974 Oil Crisis, the 1978-1979 Iranian Revolution, and the 1980-1981 Iran-Iraq War impacted the US and world oil markets. Various measures of impacts are considered, such as impacts on physical flows of crude and products, crude and product price changes on the US and world markets, impacts on stocks of crude and products, and impacts on refiners' inputs and outputs. Various macroeconomic indicators, such as gross national product, inflation rates, and unemployment, are also considered. Of particular interest in this study are the impacts that oil disturbances have had (and could have) on the availabilities of particular crude types and the abilities of US refiners to process crudes of various types in the short run. In addition, this paper reviews how the actions of the consuming countries and the major oil companies affected the impacts of past disturbances. The paper briefly discusses the likely causes and impacts of future oil distrubances and summarizes the lessons to be learned from past reactions to oil disturbances.

  13. Chicken Noodle Soup 3 T. canola or vegetable oil

    E-Print Network [OSTI]

    Liu, Taosheng

    in half and remove skin of onion and reserve for stock. Take 1 carrot, 1 stalk of celery and 1 onion the skins and ends for the stock. Cut the end off the celery head and reserve for stock. Cut both onions and chop in large chunks for stock. Get a soup/stock pot on medium high heat and heat 2 T. of oil. Place

  14. Economics, producer politics will shape oil markets through 1996

    SciTech Connect (OSTI)

    Not Available

    1993-10-25

    Two main forces will shape the oil market during the next 3 years. The pace of worldwide economic growth will determine demand growth. Although energy use efficiency has improved, especially in the industrialized world, demand for energy and oil products remains chiefly a function of economic activity. And producing nation politics will have much to say about supply. A crucial and unpredictable variable is when Iraq, now subject to a United Nations trade embargo, resumes exports at significant rates. Demand growth will exceed production increases outside the Organization of Petroleum Exporting Countries, which means an ever-increasing role for the exporters' group. The paper discusses the demand outlook, economic projections, energy intensity, regional energy mixes, world energy mix, petroleum demand, petroleum product demand, supply questions, non-OPEC production, reserves and output capacity, production gains, industry operations (drilling, stocks, refining), prices, price forecasts, and the role of taxes.

  15. Dynamics of the Oil Transition: Modeling Capacity, Costs, and Emissions

    E-Print Network [OSTI]

    Brandt, Adam R.; Farrell, Alexander E.

    2008-01-01

    1] Andrews, S. and Udall, R. Oil Prophets: Lookingat World Oil Studies Over Time. In Campbell, C.International Workshop on Oil Depletion 2003, Paris, France,

  16. Stock Discrimination Travis Elsdon and

    E-Print Network [OSTI]

    Limburg, Karin E.

    Stock Discrimination Methods Travis Elsdon and Karin Limburg Fisheries Science & Management Dr. Bronwyn Gillanders Dr. Travis Elsdon Lecture Outline ·Overview of stock discrimination: what, why, and issues ·Approaches to stock discrimination: a question of scale ·Natural marks: · Otolith chemistry

  17. Fish Stocks in the Gulf of Mexico Overall Economics of Gulf Fisheries

    E-Print Network [OSTI]

    of the oil spill. As the crude oil sinks, the bottom- oriented fish community may be impacted. The major1 April 2010 Fish Stocks in the Gulf of Mexico FACT SHEET Overall Economics of Gulf Fisheries coastal areas. Impacts on these shrimp will increase as the oil slick approaches nearshore areas. Shrimp

  18. Recent Trends in Crude Oil Stock Levels

    Gasoline and Diesel Fuel Update (EIA)

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantity of Natural GasAdjustments (Billion Cubic Feet) Wyoming Dry NaturalPrices1Markets160Product:7a. Space Heatingreports CoalJ J

  19. Another look at the strategic petroleum reserve: Should its oil holdings be privatized?

    SciTech Connect (OSTI)

    Blumstein, C. [Univ. of California, Berkeley, CA (United States)] [Univ. of California, Berkeley, CA (United States); Komor, P. [E Source, Inc., Boulder, CO (United States)] [E Source, Inc., Boulder, CO (United States)

    1996-12-31

    The sharp increases in crude oil prices in the 1970`s unleashed a gusher of economic and policy analyses concerning energy security. A consensus emerged concerning the desirability of building and using a large stock of oil to cushion the effects of a sudden loss of oil supply. The author examines the validity of this large stock of oil considering changes in the oil market and whether the oil holdings of the Strategic Petroleum Reserve should be privatized. 12 refs.

  20. The Conditional Relationship between Risk and Return in Iran's Stock Market

    E-Print Network [OSTI]

    Lin, C.-Y. Cynthia

    The Conditional Relationship between Risk and Return in Iran's Stock Market Mahdieh Rezagholizadeh an important role in Iran's economic growth. This paper examines the factors that affect stock returns in Iran by estimating the relationship between various sources of risk -- market risk, oil price risk

  1. Mining The Stock Market: Which Measure Is Best ? [Extended Abstract

    E-Print Network [OSTI]

    Indyk, Piotr

    community in mining time series data. Such data naturally arise in business as well as scientific decision the price of the stock at the beginning of an operational day. Every time series is assigned to one out of 102 clusters (e.g. ``Computers (Hardware)'', ``Oil and Gas'', etc). Assuming this classification

  2. Modeling of Energy Production Decisions: An Alaska Oil Case Study

    E-Print Network [OSTI]

    Leighty, Wayne

    2008-01-01

    and Weimer, D.L. (1984) Oil prices shock, market response,OPEC behavior and world oil prices (pp. 175-185) London:many decades. Recent high oil prices have caused oil-holding

  3. Cursed Resources? Political Conditions and Oil Market Volatility*

    E-Print Network [OSTI]

    Edwards, Paul N.

    a country's political conditions affect oil production within its borders. We show production, with very democratic regimes exhibiting less volatility in their oil production than more of oil production volatility. Our finding has implications both for understanding world oil markets

  4. Process for demetallizing and desulfurizing heavy crude oil

    SciTech Connect (OSTI)

    Brown, R.E.; Hogan, R.J.; Combs, D.M.; Kukes, S.G.

    1989-12-05

    This patent describes a process for producing a synthetic crude oil of improved properties by desulfurizing, denitrogenating and demetallizing a heavy crude oil feed stock. The feed stock being a crude oil having an average boiling point at least as high as 500{degrees} F., an API gravity at 60{degrees} F. of less than 20, and containing at least about 1 weight percent sulfur.

  5. A REVIEW OF PREVIOUS USGS WORLD ENERGY ASSESSMENTS1

    E-Print Network [OSTI]

    Laughlin, Robert B.

    -145-97 (October, 1997), entitled "Changing perceptions of world oil and gas resources as shown........................................................RV-1 World Gas Resources Were Viewed as Less Exploited Than Those of Oil............RV-2 Total World Resources of Conventional Oil and Gas Were Viewed as Approximately Equal

  6. Buildings Stock Load Control 

    E-Print Network [OSTI]

    Joutey, H. A.; Vaezi-Nejad, H.; Clemoncon, B.; Rosenstein, F.

    2006-01-01

    , Shenzhen, China Building Commissioning for Energy Efficiency and Comfort, Vol.VI-9-4 Buildings Stock Load Control Ms H. Amrani Joutey Mr H. Vaezi-Nejad Mr B. Clemonçon Mr F.Rosenstein PHD student Research engineer Research... electricity consumption and curtail peak demand but in local form: building by building. Few developments are carried out for multi sites management. Multi sites management is essential in crisis and/or peak periods (large energy demand in particular during...

  7. Can the stock market be linearised? Dimitris N. Politis

    E-Print Network [OSTI]

    Politis, Dimitris N.

    Can the stock market be linearised? Dimitris N. Politis Department of Mathematics University of financial markets is a complicated real-world phenom- enon that ranks at the top in terms of difficulty- pose to transform the problem into a more manageable setting such as the setting of linearity. The form

  8. Statement by Harvard Corporation Committee on Shareholder Responsibility (CCSR) Regarding Stock in China Petroleum and Chemical Corporation (Sinopec Corporation)

    E-Print Network [OSTI]

    , Petrodar announced that its first shipment of crude oil would be shipped from Sudan in January 2006Statement by Harvard Corporation Committee on Shareholder Responsibility (CCSR) Regarding Stock the Harvard Corporation's decision to direct Harvard Management Company (HMC) to divest itself of stock held

  9. Oil Market Assessment

    Reports and Publications (EIA)

    2001-01-01

    Based on Energy Information Administration (EIA) contacts and trade press reports, overall U.S. and global oil supplies appear to have been minimally impacted by yesterday's terrorist attacks on the World Trade Center and the Pentagon.

  10. U.S. Military Expenditures to Protect the Use of Persian-Gulf Oil For Motor Vehicles

    E-Print Network [OSTI]

    Delucchi, Mark A.; Murphy, James

    1996-01-01

    per day, or 29% of world crude-oil production. Saudi Arabia,41.4% of world crude-oil production (Energy Information

  11. Report Title: The Economic Impact of Oil and Gas Extraction in New Mexico Type of Report: Technical Report

    E-Print Network [OSTI]

    Johnson, Eric E.

    presented. Historical oil and gas production, reserves, and price data are also presented and discussed. #12 ..................................................................................................................................................7 Oil Production ...............................................................................................................................................8 World Oil Production

  12. Running Out Of and Into Oil. Analyzing Global Oil Depletion and Transition Through 2050

    SciTech Connect (OSTI)

    Greene, David L.; Hopson, Janet L.; Li, Jia

    2003-10-01

    This report presents a risk analysis of world conventional oil resource production, depletion, expansion, and a possible transition to unconventional oil resources such as oil sands, heavy oil and shale oil over the period 2000 to 2050. Risk analysis uses Monte Carlo simulation methods to produce a probability distribution of outcomes rather than a single value.

  13. Evidence for distinct stocks of king mackerel,

    E-Print Network [OSTI]

    Evidence for distinct stocks of king mackerel, Scomberomorus cavalla, in the Gulf of Mexico Allyn G.-Evidence support- ing a two stock hypothesis for king mackerel, Scomberornorus cavalla, in the Gulf of Mexico. There are two identifiable stocks of king mackel'el in the Gulf of Mexico: a western stock and an eastern stock

  14. www.fightbac.o anola oil is

    E-Print Network [OSTI]

    Ca co Th Ca "Canola" c which is Addition Ca he Ca in Th ca Ca m C know? anola oil is ooking oils. he average anola oil is comes fro s another nal Inform anola oil is eart healthy anola oil is n the world. he part of th anola meal anola oil ca many crop va ano the lowest . canola see a good sou m

  15. Dynamics of the Oil Transition: Modeling Capacity, Costs, and Emissions

    E-Print Network [OSTI]

    Brandt, Adam R.; Farrell, Alexander E.

    2008-01-01

    Price elasticity of demand for crude oil: estimates for 2327] Krichene, N. World crude oil and natural gas: a demandIn contrast to synthetic crude oils produced from the above

  16. Crude Existence: The Politics of Oil in Northern Angola

    E-Print Network [OSTI]

    Reed, Kristin

    2009-01-01

    tion. A drop in world oil prices, coupled with a decrease indisbursements declined and oil prices dropped sharply inThe drastic drop in oil prices and further agricultural

  17. Dynamics of the Oil Transition: Modeling Capacity, Costs, and Emissions

    E-Print Network [OSTI]

    Brandt, Adam R.; Farrell, Alexander E.

    2008-01-01

    and income on energy and oil demand. Energy Journal, 23(1):conventional oil supply and demand. But, interestingly,World crude oil and natural gas: a demand and supply model.

  18. Dynamics of the Oil Transition: Modeling Capacity, Costs, and Emissions

    E-Print Network [OSTI]

    Brandt, Adam R.; Farrell, Alexander E.

    2008-01-01

    D. J. and Cecchine, G. Oil shale development in the Unitedresources of some world oil-shale deposits. Technical Reportfor CO2 evolved from oil shale. Fuel Processing Technology,

  19. Dynamics of the Oil Transition: Modeling Capacity, Costs, and Emissions

    E-Print Network [OSTI]

    Brandt, Adam R.; Farrell, Alexander E.

    2008-01-01

    playing key role in peak-oil debate, future energy supply.of di?ering views of peak oil, including Yergin’s, isHubbert’s Peak: The Impending World Oil Shortage. Princeton

  20. Modeling of Energy Production Decisions: An Alaska Oil Case Study

    E-Print Network [OSTI]

    Leighty, Wayne

    2008-01-01

    2007). The world will reach peak oil production rates, atenergy security costs, and peak oil as emergencies, we willwhen oil price is high, then the first peak in drilling cost

  1. Transforming the Oil Industry into the Energy Industry

    E-Print Network [OSTI]

    Sperling, Daniel; Yeh, Sonia

    2009-01-01

    Transforming the Oil Industry into the Energy Industry BYculprit. It consumes half the oil used in the world andconsuming two thirds of the oil and causing about one third

  2. Air Emissions and Oil Displacement Benefits

    E-Print Network [OSTI]

    McGaughey, Alan

    and the U.S. costs of oil consumption, including supply disruption risks, increases in world oil prices dueAir Emissions and Oil Displacement Benefits from Plug-in Vehicles The electrification of passenger; and (3) reduce gasoline consumption, helping to diminish dependency on imported oil. Current policy

  3. International Oil and Gas Exploration and Development

    Reports and Publications (EIA)

    1993-01-01

    Presents country level data on oil reserves, oil production, active drilling rigs, seismic crews, wells drilled, oil reserve additions, and oil reserve to production ratios (R/P ratios) for about 85 countries, where available, from 1970 through 1991. World and regional summaries are given in both tabular and graphical form.

  4. Persistent collective trend in stock markets

    E-Print Network [OSTI]

    Balogh, Emeric; Nagy, Balint Zs; Neda, Zoltan

    2010-01-01

    Empirical evidence is given for a significant difference in the collective trend of the share prices during the stock index rising and falling periods. Data on the Dow Jones Industrial Average and its stock components are studied between 1991 and 2008. Pearson-type correlations are computed between the stocks and averaged over stock-pairs and time. The results indicate a general trend: whenever the stock index is falling the stock prices are changing in a more correlated manner than in case the stock index is ascending. A thorough statistical analysis of the data shows that the observed difference is significant, suggesting a constant-fear factor among stockholders.

  5. Stocks of Conventional Gasoline

    Gasoline and Diesel Fuel Update (EIA)

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantity of Natural GasAdjustments (Billion Cubic Feet) Wyoming963 1.969 1.979 1.988 1.996Deutsche Bank AG Oil10:Price27,843 26,836

  6. Financial Times-World Energy Council Energy Leaders Summit |...

    Office of Energy Efficiency and Renewable Energy (EERE) Indexed Site

    aggressive action to achieve, is indeed critically important. First, let's look at our heavy reliance on oil. The growth in world oil consumption has been averaging about 1.8...

  7. U. S. Military Expenditures to Protect the Use of Persian Gulf Oil for Motor Vehicles: Report #15 in the series: The Annualized Social Cost of Motor-Vehicle Use in the United States, based on 1990-1991 Data

    E-Print Network [OSTI]

    Delucchi, Mark; Murphy, James

    2006-01-01

    only 57% of the world’s oil resources, and the Middle EastFree World access to oil resources, and the limitation offew years has made the oil resource in the Middle East more

  8. Quantum Brownian motion model for stock markets

    E-Print Network [OSTI]

    Meng, Xiangyi; Guo, Hong

    2014-01-01

    We investigate the relevance between quantum open systems and stock markets. A Quantum Brownian motion model is proposed for studying the interaction between the Brownian system and the reservoir, i.e., the stock index and the entire stock market. Based on the model, we investigate the Shanghai Stock Exchange of China from perspective of quantum statistics, and thereby examine the behaviors of the stock index violating the efficient market hypothesis, such as fat-tail phenomena and non-Markovian features. Our interdisciplinary works thus help to discovery the underlying quantum characteristics of stock markets and develop new research fields of econophysics.

  9. Unconventional Oil and Gas Resources

    SciTech Connect (OSTI)

    2006-09-15

    World oil use is projected to grow to 98 million b/d in 2015 and 118 million b/d in 2030. Total world natural gas consumption is projected to rise to 134 Tcf in 2015 and 182 Tcf in 2030. In an era of declining production and increasing demand, economically producing oil and gas from unconventional sources is a key challenge to maintaining global economic growth. Some unconventional hydrocarbon sources are already being developed, including gas shales, tight gas sands, heavy oil, oil sands, and coal bed methane. Roughly 20 years ago, gas production from tight sands, shales, and coals was considered uneconomic. Today, these resources provide 25% of the U.S. gas supply and that number is likely to increase. Venezuela has over 300 billion barrels of unproven extra-heavy oil reserves which would give it the largest reserves of any country in the world. It is currently producing over 550,000 b/d of heavy oil. Unconventional oil is also being produced in Canada from the Athabasca oil sands. 1.6 trillion barrels of oil are locked in the sands of which 175 billion barrels are proven reserves that can be recovered using current technology. Production from 29 companies now operating there exceeds 1 million barrels per day. The report provides an overview of continuous petroleum sources and gives a concise overview of the current status of varying types of unconventional oil and gas resources. Topics covered in the report include: an overview of the history of Oil and Natural Gas; an analysis of the Oil and Natural Gas industries, including current and future production, consumption, and reserves; a detailed description of the different types of unconventional oil and gas resources; an analysis of the key business factors that are driving the increased interest in unconventional resources; an analysis of the barriers that are hindering the development of unconventional resources; profiles of key producing regions; and, profiles of key unconventional oil and gas producers.

  10. International Oil Supplies and Demands

    SciTech Connect (OSTI)

    Not Available

    1992-04-01

    The eleventh Energy Modeling Forum (EMF) working group met four times over the 1989--1990 period to compare alternative perspectives on international oil supplies and demands through 2010 and to discuss how alternative supply and demand trends influence the world's dependence upon Middle Eastern oil. Proprietors of eleven economic models of the world oil market used their respective models to simulate a dozen scenarios using standardized assumptions. From its inception, the study was not designed to focus on the short-run impacts of disruptions on oil markets. Nor did the working group attempt to provide a forecast or just a single view of the likely future path for oil prices. The model results guided the group's thinking about many important longer-run market relationships and helped to identify differences of opinion about future oil supplies, demands, and dependence.

  11. International Oil Supplies and Demands

    SciTech Connect (OSTI)

    Not Available

    1991-09-01

    The eleventh Energy Modeling Forum (EMF) working group met four times over the 1989--90 period to compare alternative perspectives on international oil supplies and demands through 2010 and to discuss how alternative supply and demand trends influence the world's dependence upon Middle Eastern oil. Proprietors of eleven economic models of the world oil market used their respective models to simulate a dozen scenarios using standardized assumptions. From its inception, the study was not designed to focus on the short-run impacts of disruptions on oil markets. Nor did the working group attempt to provide a forecast or just a single view of the likely future path for oil prices. The model results guided the group's thinking about many important longer-run market relationships and helped to identify differences of opinion about future oil supplies, demands, and dependence.

  12. Stock Assessment of Columbia River Anadromous Salmonids : Final Report, Volume II, Steelhead Stock Summaries, Stock Transfer Guidelines, Information Needs.

    SciTech Connect (OSTI)

    Howell, Philip J.

    1985-07-01

    This report presents brief descriptions of wild and hatchery-raised steelhead trout stocks in the Columbia River Basin. (ACR)

  13. Aspects of Hess' Acquisition of American Oil & Gas

    Reports and Publications (EIA)

    2010-01-01

    On July 27, 2010, Hess Corporation announced that it had agreed to acquire American Oil & Gas, Inc. in a stock-only transaction worth as much as $488 million (based on Hess' closing price of $53.30/share, anticipated number of newly issued shares, and $30 million credit facility extended to American Oil & Gas prior to closing).

  14. Essays on macroeconomic risks and stock prices

    E-Print Network [OSTI]

    Duarte, Fernando Manuel

    2011-01-01

    In this thesis, I study the relationship between macroeconomic risks and asset prices. In the first chapter, I establish that inflation risk is priced in the cross-section of stock returns: stocks that have low returns ...

  15. Credit Conditions and Stock Return Predictability 

    E-Print Network [OSTI]

    Park, Heungju

    2012-10-19

    Survey on Bank Lending Practices. Using Standards, this study investigates whether the aggregate credit conditions predict the expected returns and volatility of the stock market. The first essay, "Credit Conditions and Expected Stock Returns," analyzes...

  16. Three Essays on Stock Market Dynamics

    E-Print Network [OSTI]

    Chen, Peng

    2013-05-31

    This dissertation aims to understand the comovements of international stock markets, financial contagion, and the relationship between international stock market comovements and macroeconomic factors. It contains three essays as follows: The first...

  17. Oil shale technology

    SciTech Connect (OSTI)

    Lee, S. (Akron Univ., OH (United States). Dept. of Chemical Engineering)

    1991-01-01

    Oil shale is undoubtedly an excellent energy source that has great abundance and world-wide distribution. Oil shale industries have seen ups and downs over more than 100 years, depending on the availability and price of conventional petroleum crudes. Market forces as well as environmental factors will greatly affect the interest in development of oil shale. Besides competing with conventional crude oil and natural gas, shale oil will have to compete favorably with coal-derived fuels for similar markets. Crude shale oil is obtained from oil shale by a relatively simple process called retorting. However, the process economics are greatly affected by the thermal efficiencies, the richness of shale, the mass transfer effectiveness, the conversion efficiency, the design of retort, the environmental post-treatment, etc. A great many process ideas and patents related to the oil shale pyrolysis have been developed; however, relatively few field and engineering data have been published. Due to the vast heterogeneity of oil shale and to the complexities of physicochemical process mechanisms, scientific or technological generalization of oil shale retorting is difficult to achieve. Dwindling supplied of worldwide petroleum reserves, as well as the unprecedented appetite of mankind for clean liquid fuel, has made the public concern for future energy market grow rapidly. the clean coal technology and the alternate fuel technology are currently of great significance not only to policy makers, but also to process and chemical researchers. In this book, efforts have been made to make a comprehensive text for the science and technology of oil shale utilization. Therefore, subjects dealing with the terminological definitions, geology and petrology, chemistry, characterization, process engineering, mathematical modeling, chemical reaction engineering, experimental methods, and statistical experimental design, etc. are covered in detail.

  18. Risk analysis in oil and gas projects : a case study in the Middle East

    E-Print Network [OSTI]

    Zand, Emad Dolatshahi

    2009-01-01

    Global demand for energy is rising around the world. Middle East is a major supplier of oil and gas and remains an important region for any future oil and gas developments. Meanwhile, managing oil and gas projects are ...

  19. Import policy effects on the optimal oil price

    SciTech Connect (OSTI)

    Suranovic, S.M. [George Washington Univ., Washington, DC (United States)

    1994-12-31

    A steady increase in oil imports leaves oil importing countries increasingly vulnerable tofuture oil price shocks. Using a variation of the U.S. EIA`s oil market simulation model, equilibria displaying multiple price shocks is derived endogenously as a result of optimizing behavior on the part of OPEC. Here we investigate the effects that an oil import tariff and a petroleum stock release policy may have on an OPEC optimal price path. It is shown that while both policies can reduce the magnitude of future price shocks neither may be politically or technically feasible. 21 refs., 7 figs., 6 tabs.

  20. Impacts of the Venezuelan Crude Oil Production Loss

    Reports and Publications (EIA)

    2003-01-01

    This assessment of the Venezuelan petroleum loss examines two areas. The first part of the analysis focuses on the impact of the loss of Venezuelan crude production on crude oil supply for U.S. refiners who normally run a significant fraction of Venezuelan crude oil. The second part of the analysis looks at the impact of the Venezuelan production loss on crude markets in general, with particular emphasis on crude oil imports, refinery crude oil throughput levels, stock levels, and the changes in price differences between light and heavy crude oils.

  1. World Shale Resource Assessments

    Reports and Publications (EIA)

    2015-01-01

    Four countries: Chad, Kazakhstan, Oman and the United Arab Emirates (UAE) have been added to report “Technically Recoverable Shale Oil and Shale Gas Resources.” The report provides an estimate of shale resources in selected basins around the world. The new chapters cover shale basins from the Sub-Saharan Africa region, represented by Chad; the Caspian region, represented by Kazakhstan; and the Middle East region, represented by Oman and the United Arab Emirates (UAE) and are available as supplemental chapters to the 2013 report.

  2. Fuel Oil",,,"Fuel Oil Consumption",,"Fuel Oil Expenditures"

    U.S. Energy Information Administration (EIA) Indexed Site

    1. Total Fuel Oil Consumption and Expenditures, 1999" ,"All Buildings Using Fuel Oil",,,"Fuel Oil Consumption",,"Fuel Oil Expenditures" ,"Number of Buildings (thousand)","Floorspac...

  3. Cushing, Oklahoma Stocks of Crude Oil and Petroleum Products

    Gasoline and Diesel Fuel Update (EIA)

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantity of Natural GasAdjustments (Billion Cubic Feet) Wyoming963 1.969 1.979Coal4Cubic Feet)Cubic1992Thousand 2010 201159,026

  4. Stocks of Distillate Fuel Oil Greater Than 500 ppm Sulfur

    Gasoline and Diesel Fuel Update (EIA)

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantity of Natural GasAdjustments (Billion Cubic Feet) Wyoming963 1.969 1.979 1.988 1.996Deutsche Bank AG

  5. Stocks of Total Crude Oil and Petroleum Products (Including SPR)

    Gasoline and Diesel Fuel Update (EIA)

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantity of Natural GasAdjustments (Billion Cubic Feet) Wyoming963 1.969 1.979 1.988 1.996Deutsche Bank AG Weekly Download35 35 35 35

  6. PADD 1 Stocks of Crude Oil and Petroleum Products

    Gasoline and Diesel Fuel Update (EIA)

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantity of Natural GasAdjustments (Billion Cubic Feet) Wyoming Dry NaturalPrices1Markets16 (next20, 20082008707Oxygenate14,719

  7. Refinery Stocks of Crude Oil and Petroleum Products

    Gasoline and Diesel Fuel Update (EIA)

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantity of Natural GasAdjustments (Billion Cubic Feet) Wyoming Dry NaturalPrices1Markets160Product:7a.CORPORATION /Analysis

  8. Crude Oil Stocks at Tank Farms & Pipelines

    Gasoline and Diesel Fuel Update (EIA)

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantity of Natural GasAdjustments (Billion Cubic Feet) Wyoming Dry Natural GasNatural Gas Usage Form 2003 Commercial293,845

  9. OECD/IEA 2013 World Renewable Energy

    E-Print Network [OSTI]

    Canet, Léonie

    © OECD/IEA 2013 World Renewable Energy Outlook 2030-2050 Paolo Frankl Head, Renewable Energy 2030 2035 TWh Coal Renewables Gas Nuclear Oil Source: IEA World Energy Outlook 2012 New Policies important renewable energy source in industry in 2050 solar thermal contributes mainly to low

  10. 61. Nelson, D. C. Oil Shale: New Technologies Defining New Opportunities. Presented at the Platts Rockies Gas & Oil Conference, Denver, CO, April

    E-Print Network [OSTI]

    Kulp, Mark

    61. Nelson, D. C. Oil Shale: New Technologies Defining New Opportunities. Presented at the Platts I, II Modeling of the In-Situ Production of Oil from .',1 l ',".1" Oil Shale ilil 'I' 'I~ :' l of conventional oil reserves amidst increasing liquid fuel demand in the world have renewed interest in oil shale

  11. What does the stock market have in common with our brain? The physics behind the economy

    E-Print Network [OSTI]

    Jacob, Eshel Ben

    1 What does the stock market have in common with our brain? The physics behind the economy The? Econophysicist's analyze the world of economy through the glasses of physics, and explain why eventually hidden in the complexity of economies and financial markets. Imagine yourself entering into a store

  12. Fact #742: August 27, 2012 Oil Price and Economic Growth

    Office of Energy Efficiency and Renewable Energy (EERE)

    Major oil price shocks have disrupted world energy markets five times in the past 30 years (1973-74, 1979-80, 1990-91, 1999-2000, and 2008). Most of the oil price shocks were followed by an...

  13. STEO January 2013 - world oil prices

    Broader source: All U.S. Department of Energy (DOE) Office Webpages (Extended Search)

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantity ofkandz-cm11 Outreach Home RoomPreservation of Fe(II) byMultidayAlumni > The2/01/12 Page 1NEWSSupportcoal demand

  14. Crude oil prices: Are our oil markets too tight?

    SciTech Connect (OSTI)

    Simmons, M.R. [Simmons and Co. International, Houston, TX (United States)

    1997-02-01

    The answer to the question posed in the title is that tightness in the market will surely prevail through 1997. And as discussed herein, with worldwide demand expected to continue to grow, there will be a strong call on extra oil supply. Meeting those demands, however, will not be straightforward--as many observers wrongly believe--considering the industry`s practice of maintaining crude stocks at ``Just in time`` inventory levels. Further, impact will be felt from the growing rig shortage, particularly for deepwater units, and down-stream capacity limits. While these factors indicate 1997 should be another good year for the service industry, it is difficult to get any kind of consensus view from the oil price market. With most observers` information dominated by the rarely optimistic futures price of crude, as reflected by the NYMEX, the important fact is that oil prices have remained stable for three years and increased steadily through 1996.

  15. Water issues associated with heavy oil production.

    SciTech Connect (OSTI)

    Veil, J. A.; Quinn, J. J.; Environmental Science Division

    2008-11-28

    Crude oil occurs in many different forms throughout the world. An important characteristic of crude oil that affects the ease with which it can be produced is its density and viscosity. Lighter crude oil typically can be produced more easily and at lower cost than heavier crude oil. Historically, much of the nation's oil supply came from domestic or international light or medium crude oil sources. California's extensive heavy oil production for more than a century is a notable exception. Oil and gas companies are actively looking toward heavier crude oil sources to help meet demands and to take advantage of large heavy oil reserves located in North and South America. Heavy oil includes very viscous oil resources like those found in some fields in California and Venezuela, oil shale, and tar sands (called oil sands in Canada). These are described in more detail in the next chapter. Water is integrally associated with conventional oil production. Produced water is the largest byproduct associated with oil production. The cost of managing large volumes of produced water is an important component of the overall cost of producing oil. Most mature oil fields rely on injected water to maintain formation pressure during production. The processes involved with heavy oil production often require external water supplies for steam generation, washing, and other steps. While some heavy oil processes generate produced water, others generate different types of industrial wastewater. Management and disposition of the wastewater presents challenges and costs for the operators. This report describes water requirements relating to heavy oil production and potential sources for that water. The report also describes how water is used and the resulting water quality impacts associated with heavy oil production.

  16. World energy consumption

    SciTech Connect (OSTI)

    NONE

    1995-12-01

    Historical and projected world energy consumption information is displayed. The information is presented by region and fuel type, and includes a world total. Measurements are in quadrillion Btu. Sources of the information contained in the table are: (1) history--Energy Information Administration (EIA), International Energy Annual 1992, DOE/EIA-0219(92); (2) projections--EIA, World Energy Projections System, 1994. Country amounts include an adjustment to account for electricity trade. Regions or country groups are shown as follows: (1) Organization for Economic Cooperation and Development (OECD), US (not including US territories), which are included in other (ECD), Canada, Japan, OECD Europe, United Kingdom, France, Germany, Italy, Netherlands, other Europe, and other OECD; (2) Eurasia--China, former Soviet Union, eastern Europe; (3) rest of world--Organization of Petroleum Exporting Countries (OPEC) and other countries not included in any other group. Fuel types include oil, natural gas, coal, nuclear, and other. Other includes hydroelectricity, geothermal, solar, biomass, wind, and other renewable sources.

  17. International Oil Supplies and Demands. Volume 1

    SciTech Connect (OSTI)

    Not Available

    1991-09-01

    The eleventh Energy Modeling Forum (EMF) working group met four times over the 1989--90 period to compare alternative perspectives on international oil supplies and demands through 2010 and to discuss how alternative supply and demand trends influence the world`s dependence upon Middle Eastern oil. Proprietors of eleven economic models of the world oil market used their respective models to simulate a dozen scenarios using standardized assumptions. From its inception, the study was not designed to focus on the short-run impacts of disruptions on oil markets. Nor did the working group attempt to provide a forecast or just a single view of the likely future path for oil prices. The model results guided the group`s thinking about many important longer-run market relationships and helped to identify differences of opinion about future oil supplies, demands, and dependence.

  18. International Oil Supplies and Demands. Volume 2

    SciTech Connect (OSTI)

    Not Available

    1992-04-01

    The eleventh Energy Modeling Forum (EMF) working group met four times over the 1989--1990 period to compare alternative perspectives on international oil supplies and demands through 2010 and to discuss how alternative supply and demand trends influence the world`s dependence upon Middle Eastern oil. Proprietors of eleven economic models of the world oil market used their respective models to simulate a dozen scenarios using standardized assumptions. From its inception, the study was not designed to focus on the short-run impacts of disruptions on oil markets. Nor did the working group attempt to provide a forecast or just a single view of the likely future path for oil prices. The model results guided the group`s thinking about many important longer-run market relationships and helped to identify differences of opinion about future oil supplies, demands, and dependence.

  19. Running Out of and Into Oil: Analyzing Global Oil Depletion and Transition Through 2050

    SciTech Connect (OSTI)

    Greene, D.L.

    2003-11-14

    This report presents a risk analysis of world conventional oil resource production, depletion, expansion, and a possible transition to unconventional oil resources such as oil sands, heavy oil and shale oil over the period 2000 to 2050. Risk analysis uses Monte Carlo simulation methods to produce a probability distribution of outcomes rather than a single value. Probability distributions are produced for the year in which conventional oil production peaks for the world as a whole and the year of peak production from regions outside the Middle East. Recent estimates of world oil resources by the United States Geological Survey (USGS), the International Institute of Applied Systems Analysis (IIASA), the World Energy Council (WEC) and Dr. C. Campbell provide alternative views of the extent of ultimate world oil resources. A model of oil resource depletion and expansion for twelve world regions is combined with a market equilibrium model of conventional and unconventional oil supply and demand to create a World Energy Scenarios Model (WESM). The model does not make use of Hubbert curves but instead relies on target reserve-to-production ratios to determine when regional output will begin to decline. The authors believe that their analysis has a bias toward optimism about oil resource availability because it does not attempt to incorporate political or environmental constraints on production, nor does it explicitly include geologic constraints on production rates. Global energy scenarios created by IIASA and WEC provide the context for the risk analysis. Key variables such as the quantity of undiscovered oil and rates of technological progress are treated as probability distributions, rather than constants. Analyses based on the USGS and IIASA resource assessments indicate that conventional oil production outside the Middle East is likely to peak sometime between 2010 and 2030. The most important determinants of the date are the quantity of undiscovered oil, the rate at which unconventional oil production can be expanded, and the rate of growth of reserves and enhanced recovery. Analysis based on data produced by Campbell indicates that the peak of non-Middle East production will occur before 2010. For total world conventional oil production, the results indicate a peak somewhere between 2020 and 2050. Key determinants of the peak in world oil production are the rate at which the Middle East region expands its output and the minimum reserves-to-production ratios producers will tolerate. Once world conventional oil production peaks, first oil sands and heavy oil from Canada, Venezuela and Russia, and later some other source such as shale oil from the United States must expand if total world oil consumption is to continue to increase. Alternative sources of liquid hydrocarbon fuels, such as coal or natural gas are also possible resources but not considered in this analysis nor is the possibility of transition to a hydrogen economy. These limitations were adopted to simplify the transition analysis. Inspection of the paths of conventional oil production indicates that even if world oil production does not peak before 2020, output of conventional oil is likely to increase at a substantially slower rate after that date. The implication is that there will have to be increased production of unconventional oil after that date if world petroleum consumption is to grow.

  20. Saudi Aramco describes crisis oil flow hike

    SciTech Connect (OSTI)

    Not Available

    1991-12-02

    On Aug. 2, 1990, Iraqi forces invaded Kuwait and triggered one of the most severe crises in the world's oil supplies since World War II. Within a few days of the invasion, Iraqi and Kuwaiti oil exports were embargoed, and almost 4.6 million b/d oil of production was removed from world markets. This shortfall amounted to about 20% of total Organization of Petroleum Exporting Countries production at the time and could have proven disastrous to the world's industrial and financial well-being. However, there was no disruption to the major economies of the world. This paper reports that the primary reason for the cushioning of this impact was the massive expansion in production undertaken by Saudi Arabian Oil Co. (Saudi Aramco).

  1. Oil Market Simulation model user's manual. [Oil market

    SciTech Connect (OSTI)

    Not Available

    1992-07-01

    The Oil Market Simulation (OMS) model is a LOTUS 1-2-3 spreadsheet that simulates the world oil market. OMS is an annual model that projects the world oil market through the year 2010 from a data base that begins in 1979. The geographic coverage includes all market economies, with net imports from the centrally planned economies taken as an assumption. The model estimates the effects of price changes on oil supply and demand and computes an oil price path over nine that allows supply and demand to remain in balance within the market economies area as a whole. The input assumptions of OMS are highlighted (in color) on the spreadsheet and include the following: The capacity of the OPEC countries to produce petroleum liquids (crude oil, natural gas liquids, condensates, refinery gains); a reference case projection of regional oil supply and demand at some arbitrary reference path of oil prices over time. The reference case provided with this diskette is that used for EIA's latest base case in the International Energy Outlook 1992 DOE/EIA-0484(92). The demonstration requires an IBM PC (or compatible), preferably with a color monitor. The demonstration diskette is self-contained, with all the files needed to run the demonstration. It does not, however, have the DOS system files, so this diskette cannot be used to start (boot) the computer.

  2. U.S. Total Stocks

    Gasoline and Diesel Fuel Update (EIA)

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantity of Natural GasAdjustments (Billion Cubic Feet) Wyoming Dry NaturalPrices Global CrudeWhat'sMay-15May-15 Jun-15 Jul-15Stock

  3. ORNL/TM-2003/259 RUNNING OUT OF AND INTO OIL

    E-Print Network [OSTI]

    ORNL/TM-2003/259 RUNNING OUT OF AND INTO OIL: ANALYZING GLOBAL OIL DEPLETION AND TRANSITION THROUGH Government or any agency thereof. #12;#12;ORNL/TM-2003/259 RUNNING OUT OF AND INTO OIL: ANALYZING GLOBAL OIL ...................................................................................................................1 2. WORLD OIL RESOURCE ESTIMATES

  4. A new approach to oil refining with allowance for ecological requirements

    SciTech Connect (OSTI)

    Nasirov, R.K.; Serikov, P.Yu.; Barsukov, O.V. [and others

    1994-12-01

    More stringent quality requirements are being imposed on oil fuels because of the deteriorating ecological situation. At the same time the new ecological constraints have slightly reduced the supplies of light crudes on the world market because the oil-producing countries have been forced to consume more of their best crudes and only heavier and sour crudes are sent to other countries for refining. In view of this, in recent years work has been focused on thorough refining of oil distillates and residues in a medium of hydrogen-containing gas in the presence of catalysts for hydrorefining and hydrocracking. Hydrorefining destroys sulfur-, nitrogen-, and oxygen-containing compounds of the stock, removes organometallic components, improves the ecological characteristics of the products, reduces the corrosion of the refinery equipment, and reduces atmospheric pollution. Hydrorefining units have been built at almost all refineries, with allowance for the above and the fact that the hydroprocesses are highly technologically suitable and controllable and produce almost no waste. A number of problems pertaining to hydroprocesses, interesting scientific results, and developed theoretical approaches to intensify hydrorefining processes are described.

  5. Attitudes toward offshore oil development: A summary of current evidence

    E-Print Network [OSTI]

    Gramling, R; Freudenburg, Wm R

    2006-01-01

    History of oil well drilling. Houston: Gulf Publishing Co;1955. World’s deepest well. Drilling December:52. [8] Loganwell as ?guratively deeper and more hostile. The loss of the drilling

  6. Pilot application of PalmGHG, the RSPO greenhouse gas calculator for oil palm products , Chase L.D.C.b

    E-Print Network [OSTI]

    Paris-Sud XI, Université de

    1 Pilot application of PalmGHG, the RSPO greenhouse gas calculator for oil palm products Bessou C, accounting in 2011 for 31.3% of the global oils and fats production (Oil World, 2012). About 10% of global production is certified by RSPO, the Roundtable on Sustainable Palm Oil (Oil World, 2012; RSPO, 2013). RSPO

  7. World`s developing regions provide spark for pipeline construction

    SciTech Connect (OSTI)

    Koen, A.D.; True, W.R.

    1996-02-05

    This paper reviews the proposed construction of oil and gas pipelines which are underway or proposed to be started in 1996. It breaks down the projects by region of the world, type of product to be carried, and diameter of pipeline. It also provides mileage for each category of pipeline. Major projects in each region are more thoroughly discussed giving details on construction expenditures, construction problems, and political issues.

  8. The world economy has been undergoing a radical transformation over the past half century, from

    E-Print Network [OSTI]

    Laughlin, Robert B.

    the world's oil production. The challenge of meeting growing demand for oil will be daunting in the years contracts or government relationships between specific buyers and oil producers to a global market system, and competitive global market for oil in which no seller or group of sellers can dominate the market and thereby

  9. STOCK ASSESSMENT OF THE BLUE CRAB

    E-Print Network [OSTI]

    STOCK ASSESSMENT OF THE BLUE CRAB IN CHESAPEAKE BAY 2011 #12;2011 Stock assessment for blue crab in Chesapeake Bay iii Executive Summary The blue crab (Callinectes sapidus) is an icon for the Chesapeake Bay region. The commercial fisheries for blue crab in the Bay remain one of the most valuable fishery sectors

  10. Bachelor Project StockHome -Web Application

    E-Print Network [OSTI]

    Lanza, Michele

    Bachelor Project StockHome - Web Application User interface for a financial analysis tool Gilad and assisting us during dark times. Last but not least, I would like to thank my friends who spent those long . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 iii #12;Gilad Geron StockHome - Web Application A Technologies 31 A.1 Ruby

  11. Eulachon (Thaleichthys pacificus) Spawning Stock Biomass (SSB)

    E-Print Network [OSTI]

    Eulachon (Thaleichthys pacificus) Spawning Stock Biomass (SSB) for the Cowlitz River, 2014; in particular the Cowlitz River #12;Technique: Spawning Stock Biomass (SSB): Calculation of SSB for eulachon in the Cowlitz River was accomplished via the following equation: B = P/(F*R) Eq. 1 where: B = Biomass: total

  12. A quantum mechanical model for the relationship between stock price and stock ownership

    SciTech Connect (OSTI)

    Cotfas, Liviu-Adrian [Faculty of Economic Cybernetics, Statistics and Informatics, Academy of Economic Studies, 6 Piata Romana, 010374 Bucharest (Romania)

    2012-11-01

    The trade of a fixed stock can be regarded as the basic process that measures its momentary price. The stock price is exactly known only at the time of sale when the stock is between traders, that is, only in the case when the owner is unknown. We show that the stock price can be better described by a function indicating at any moment of time the probabilities for the possible values of price if a transaction takes place. This more general description contains partial information on the stock price, but it also contains partial information on the stock owner. By following the analogy with quantum mechanics, we assume that the time evolution of the function describing the stock price can be described by a Schroedinger type equation.

  13. A quantum mechanical model for the relationship between stock price and stock ownership

    E-Print Network [OSTI]

    Liviu-Adrian Cotfas

    2012-09-05

    The trade of a fixed stock can be regarded as the basic process that measures its momentary price. The stock price is exactly known only at the time of sale when the stock is between traders, that is, only in the case when the owner is unknown. We show that the stock price can be better described by a function indicating at any moment of time the probabilities for the possible values of price if a transaction takes place. This more general description contains partial information on the stock price, but it also contains partial information on the stock owner. By following the analogy with quantum mechanics, we assume that the time evolution of the function describing the stock price can be described by a Schrodinger type equation.

  14. Public Review Draft: A Method for Assessing Carbon Stocks, Carbon

    E-Print Network [OSTI]

    Public Review Draft: A Method for Assessing Carbon Stocks, Carbon Sequestration, and Greenhouse, and Zhu, Zhiliang, 2010, Public review draft; A method for assessing carbon stocks, carbon sequestration

  15. Reactive plasma upgrade of squalane - a heavy oil simulant

    SciTech Connect (OSTI)

    Kong, P.C.; Watkins, A.D.; Detering, B.A. [Idaho National Engineering Lab., Idaho Falls, ID (United States)] [and others

    1995-07-01

    U.S. light crude oil production has steadily declined over the last two decades. However, huge known heavy oil deposits in the North American continent remain largely untapped. In the past 10 years, the API gravity of crude oils has been decreasing by about 0.17% per year, and the sulfur content has been increasing by about 0.027% per year. As the API gravity of crude oil decreases, there will be an urgent need for economically viable new technologies to ungrade the heavy oil to a high API gravity feed stock for the refineries. The Idaho National Engineering Laboratory is investigating an innovative plasma process to upgrade heavy oil and refinery residuum. This paper will present some of the results and the implications of this technology for heavy oil upgrade and conversion.

  16. Reactive plasma upgrade of squalane - a heavy oil simulant

    SciTech Connect (OSTI)

    Kong, P.C.; Watkins, A.D.; Detering, B.A.; Thomas, C.P.

    1995-10-01

    U.S. light crude oil production has steadily declined over the last two decades. However, huge known heavy oil deposits in the North American continent remain largely untapped. In the past 10 years, the API gravity of crude oils has been decreasing by about 0.17% per year, and the sulfur content has been increasing by about 0.027% per year. As the API gravity of crude oil decreases, there will be an urgent need for economically viable new technologies to upgrade the heavy oil to a high API gravity feed stock for the refineries. The Idaho National Engineering Laboratory is investigating an innovative plasma process to upgrade heavy oil and refinery residuum. This paper will present some of the results and the implications of this technology for heavy oil upgrade and conversion.

  17. International petroleum statistics report

    SciTech Connect (OSTI)

    Not Available

    1995-01-01

    This monthly publication provides current data on international oil production, demand, imports, exports, and stocks. Section 1 contains time series data on world oil production, and on oil demand and stocks in the OECD. Section 2 presents an oil supply/demand balance for the world. Section 3 presents data on oil imports by OECD countries. Section 4 presents annual time series data on world oil production and oil stocks, demand, and trade in OECD countries.

  18. Crude oil and alternate energy production forecasts for the twenty-first century: The end of the hydrocarbon era

    SciTech Connect (OSTI)

    Edwards, J.D.

    1997-08-01

    Predictions of production rates and ultimate recovery of crude oil are needed for intelligent planning and timely action to ensure the continuous flow of energy required by the world`s increasing population and expanding economies. Crude oil will be able to supply increasing demand until peak world production is reached. The energy gap caused by declining conventional oil production must then be filled by expanding production of coal, heavy oil and oil shales, nuclear and hydroelectric power, and renewable energy sources (solar, wind, and geothermal). Declining oil production forecasts are based on current estimated ultimate recoverable conventional crude oil resources of 329 billion barrels for the United States and close to 3 trillion barrels for the world. Peak world crude oil production is forecast to occur in 2020 at 90 million barrels per day. Conventional crude oil production in the United States is forecast to terminate by about 2090, and world production will be close to exhaustion by 2100.

  19. World Biofuels Study

    SciTech Connect (OSTI)

    Alfstad,T.

    2008-10-01

    This report forms part of a project entitled 'World Biofuels Study'. The objective is to study world biofuel markets and to examine the possible contribution that biofuel imports could make to help meet the Renewable Fuel Standard (RFS) of the Energy Independence and Security Act of 2007 (EISA). The study was sponsored by the Biomass Program of the Assistant Secretary for Energy Efficiency and Renewable Energy (EERE), U.S. Department of Energy. It is a collaborative effort among the Office of Policy and International Affairs (PI), Department of Energy and Oak Ridge National Laboratory (ORNL), National Renewable Energy Laboratory (NREL) and Brookhaven National Laboratory (BNL). The project consisted of three main components: (1) Assessment of the resource potential for biofuel feedstocks such as sugarcane, grains, soybean, palm oil and lignocellulosic crops and development of supply curves (ORNL). (2) Assessment of the cost and performance of biofuel production technologies (NREL). (3) Scenario-based analysis of world biofuel markets using the ETP global energy model with data developed in the first parts of the study (BNL). This report covers the modeling and analysis part of the project conducted by BNL in cooperation with PI. The Energy Technology Perspectives (ETP) energy system model was used as the analytical tool for this study. ETP is a 15 region global model designed using the MARKAL framework. MARKAL-based models are partial equilibrium models that incorporate a description of the physical energy system and provide a bottom-up approach to study the entire energy system. ETP was updated for this study with biomass resource data and biofuel production technology cost and performance data developed by ORNL and NREL under Tasks 1 and 2 of this project. Many countries around the world are embarking on ambitious biofuel policies through renewable fuel standards and economic incentives. As a result, the global biofuel demand is expected to grow very rapidly over the next two decades, provided policymakers stay the course with their policy goals. This project relied on a scenario-based analysis to study global biofuel markets. Scenarios were designed to evaluate the impact of different policy proposals and market conditions. World biofuel supply for selected scenarios is shown in Figure 1. The reference case total biofuel production increases from 12 billion gallons of ethanol equivalent in 2005 to 54 billion gallons in 2020 and 83 billion gallons in 2030. The scenarios analyzed show volumes ranging from 46 to 64 billion gallons in 2020, and from about 72 to about 100 billion gallons in 2030. The highest production worldwide occurs in the scenario with high feedstock availability combined with high oil prices and more rapid improvements in cellulosic biofuel conversion technologies. The lowest global production is found in the scenario with low feedstock availability, low oil prices and slower technology progress.

  20. Oil and gas journal databook, 1987 edition

    SciTech Connect (OSTI)

    Not Available

    1987-01-01

    This book is an annual compendium of surveys and special reports reviewed by experts. The 1987 edition opens with a forward by Gene Kinney, co-publisher of the Oil and Gas Journal and includes the OGJ 400 Report, Crude Oil Assays, Worldwide Petrochemical Survey, the Midyear Forecast and Reviews, the Worldwide Gas Processing Report, the Ethylene Report, Sulfur Survey, the International Refining, Catalyst Compilation, Annual Refining Survey, Worldwide Construction Report, Pipeline Economics Report, Worldwide Production and Refining Report, the Morgan Pipeline Cost Index for Oil and Gas, the Nelson Cost Index, the Hughes Rig Count, the Smith Rig Count, the OGJ Production Report, the API Refinery Report, API Crude and Product Stocks, APU Imports of Crude and Products, and the complete Oil and Gas Journal 1986 Index of articles.

  1. Oil production models with normal rate curves Dudley Stark

    E-Print Network [OSTI]

    Stark, Dudley

    Oil production models with normal rate curves Dudley Stark School of Mathematical Sciences Queen;Abstract The normal curve has been used to fit the rate of both world and U.S.A. oil production. In this paper we give the first theoretical basis for these curve fittings. It is well known that oil field

  2. ,"Fuel Oil Consumption",,,"Fuel Oil Expenditures"

    U.S. Energy Information Administration (EIA) Indexed Site

    4. Fuel Oil Consumption and Expenditure Intensities for Non-Mall Buildings, 2003" ,"Fuel Oil Consumption",,,"Fuel Oil Expenditures" ,"per Building (gallons)","per Square Foot...

  3. ,"Fuel Oil Consumption",,,"Fuel Oil Expenditures"

    U.S. Energy Information Administration (EIA) Indexed Site

    2. Fuel Oil Consumption and Expenditure Intensities, 1999" ,"Fuel Oil Consumption",,,"Fuel Oil Expenditures" ,"per Building (gallons)","per Square Foot (gallons)","per Worker...

  4. Material Stock Requests -SH Version Date: June 2013

    E-Print Network [OSTI]

    Material Stock Requests - SH Version Date: June 2013 #12;Training Guide Material Stock Requests injury. If you use this software in dangerous applications, then you shall be responsible to take all Stock Requests - SH Page iii Table of Contents Material Stock Requests - SH

  5. Influence network in Chinese stock market

    E-Print Network [OSTI]

    Gao, Ya-Chun; Cai, Shi-Min

    2015-01-01

    In a stock market, the price fluctuations are interactive, that is, one listed company can influence others. In this paper, we seek to study the influence relationships among listed companies by constructing a directed network on the basis of Chinese stock market. This influence network shows distinct topological properties, particularly, a few large companies that can lead the tendency of stock market are recognized. Furthermore, by analyzing the subnetworks of listed companies distributed in several significant economic sectors, it is found that the influence relationships are totally different from one economic sector to another, of which three types of connectivity as well as hub-like listed companies are identified. In addition, the rankings of listed companies obtained from the centrality metrics of influence network are compared with that according to the assets, which gives inspiration to uncover and understand the importance of listed companies in the stock market. These empirical results are meaning...

  6. REITs: Stocks, Bonds, or Real Estate?

    E-Print Network [OSTI]

    Rosen, Kenneth T.

    1995-01-01

    Berkeley FISHER CENTER FOR REAL ESTATE AND URBAN ECONOMICS244 RElTs: Stocks, Bonds or Real Estate? By KENNETH T. ROSENBUSINESS FISHER CENTER FOR REAL ESTATE AND URBAN ECONOMICS

  7. David L. Greene, Janet L. Hopson, and Jia Li A risk analysisis presentedof thepeakingof world conventionaloil pro-

    E-Print Network [OSTI]

    conventionaloil pro- duction and the likely transition to unconventionaloil resourcessuchas oil sands,heavyoil, and shaleoil. Estimatesof world oil resourcesby the U.S. GeologicalSurvey (USGS)andC. J. Campbell provide alternative viewsof ultimate world oil resources.A global energyscenariocreated bytheInternational Institute

  8. Stocks of Total Motor Gasoline

    Gasoline and Diesel Fuel Update (EIA)

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantity of Natural GasAdjustments (Billion Cubic Feet) Wyoming Dry NaturalPrices Global Crude Oil Prices Brent

  9. New world cutaneous leishmaniasis

    E-Print Network [OSTI]

    Trufant, Joshua W; Lewin, Jesse M; Hale, Christopher S; Meehan, Shane A; Pomeranz, Miriam Keltz

    2015-01-01

    Mitropoulos P. , et al. New world cutaneous leishmanaiasis:2014 Case Presentation New world cutaneous leishmaniasishave been identified. Old World CL is most commonly caused

  10. Running into an out of oil: Scenarios of global oil use and resource depletion to 2050

    SciTech Connect (OSTI)

    Greene, David L.; Hopson, Janet L.; Li, Jia

    2002-07-23

    Is a transition from conventional oil imminent? Is it likely to lock the world into a high-carbon energy future? This report attempts to shed some light on these questions.

  11. Maximum of oil output of a treadle-powered peanut oil press

    E-Print Network [OSTI]

    Patel, Ravi M. (Ravi Mahendra)

    2007-01-01

    The manual processing of food products has become a substantial part of the daily routine of a typical household in the developing world. Consumption of oil is an essential part of an individual's diet and thus, the ...

  12. Have We Run Out of Oil Yet? Oil Peaking Analysis from an Optimist's Perspective

    SciTech Connect (OSTI)

    Greene, David L; Hopson, Dr Janet L; Li, Jia

    2005-01-01

    This study addresses several questions concerning the peaking of conventional oil production from an optimist's perspective. Is the oil peak imminent? What is the range of uncertainty? What are the key determining factors? Will a transition to unconventional oil undermine or strengthen OPEC's influence over world oil markets? These issues are explored using a model combining alternative world energy scenarios with an accounting of resource depletion and a market-based simulation of transition to unconventional oil resources. No political or environmental constraints are allowed to hinder oil production, geological constraints on the rates at which oil can be produced are not represented, and when USGS resource estimates are used, more than the mean estimate of ultimately recoverable resources is assumed to exist. The issue is framed not as a question of "running out" of conventional oil, but in terms of the timing and rate of transition from conventional to unconventional oil resources. Unconventional oil is chosen because production from Venezuela's heavy-oil fields and Canada's Athabascan oil sands is already underway on a significant scale and unconventional oil is most consistent with the existing infrastructure for producing, refining, distributing and consuming petroleum. However, natural gas or even coal might also prove to be economical sources of liquid hydrocarbon fuels. These results indicate a high probability that production of conventional oil from outside of the Middle East region will peak, or that the rate of increase of production will become highly constrained before 2025. If world consumption of hydrocarbon fuels is to continue growing, massive development of unconventional resources will be required. While there are grounds for pessimism and optimism, it is certainly not too soon for extensive, detailed analysis of transitions to alternative energy sources.

  13. F95 F50 F5 Mean F95 F50 F5 Mean Mean F95 F50 F5 Mean World (excluding United States)

    E-Print Network [OSTI]

    Laughlin, Robert B.

    WORLD PETROLEUM ASSESSMENT 2000-- DESCRIPTION AND RESULTS U.S. Geological Survey World Energy Assessment) Table AR-1. World level summary of petroleum estimates for undiscovered conventional petroleum with oil Combined with oil U.S. GEOLOGICAL SURVEY WORLD PETROLEUM ASSESSMENT 2000-- DESCRIPTION AND RESULTS

  14. JOURNAL OF THE WORLD AQUACULTURE SOCIETY

    E-Print Network [OSTI]

    JOURNAL OF THE WORLD AQUACULTURE SOCIETY Vol. 41, No. S1 February, 2010 Twin Screw Extrusion, soybean oil, vitamin and mineral mix). The blends were moisture balanced to 15% db, then extruded that contained 20 and 27.5% DDGS had the highest durability and sinking velocity values. Extrusion cooking

  15. Strain Storage Typically, mycobacteria can be stored as lyophilized stocks, agar slants, or frozen stocks.

    E-Print Network [OSTI]

    Strain Storage Typically, mycobacteria can be stored as lyophilized stocks, agar slants, or frozen stocks. Since lyophilization is not a cost-effective product storage alternative for virulent M. tuberculosis and agar slants can take up considerable BSL3 storage space, the best alternative for strain

  16. Peak Population: Timing and Influences of Peak Energy on the World and the United States 

    E-Print Network [OSTI]

    Warner, Kevin 1987-

    2012-11-28

    Peak energy is the notion that the world’s total production of usable energy will reach a maximum value and then begin an inexorable decline. Ninety-two percent of the world’s energy is currently derived from the non-renewable sources (oil, coal...

  17. World trends: Improving fortunes restore upstream health

    SciTech Connect (OSTI)

    1996-08-01

    After a decade of recovery from the oil price collapse of 1986, the global upstream industry appears headed for a period of renewed strength and growth. Underpinning the prosperity is steady unrelenting growth in crude demand. Stronger global crude demand and heavy natural gas usage in the US are driving higher prices. Operators are reacting to better prices with larger drilling programs. Also boosting drilling levels are crude production expansion projects that many countries have underway in response to perceived future demand. Not surprisingly, World Oil`s outlook calls for global drilling to rise 4.5% to 60,273 wells, a second straight annual increase. Better US activity is helping, but so are stronger-than-expected numbers in Canada. Meanwhile, World Oil`s 51st annual survey of governments and operators indicates that global oil production rose 1.4% last year, to 62,774 million bpd. That was not enough, however, to keep up with demand. The paper discusses financial performance, business practices, other factors, and operating outlook. A table lists the 1996 forecasts, estimated wells drilled in 1995, and total wells and footage drilled in 1994 by country. A second table lists global crude and condensate production and wells actually producing in 1995 versus 1994.

  18. Essays on Macroeconomics and Oil

    E-Print Network [OSTI]

    CAKIR, NIDA

    2013-01-01

    Oil Production . . . . . . . . . . . . . . . . . . . . . . . . . . .Oil Production in Venezuela and Mexico . . . . . . . . . .Oil Production and Productivity in Venezuela and

  19. Essays on Macroeconomics and Oil

    E-Print Network [OSTI]

    CAKIR, NIDA

    2013-01-01

    the Oil Industry . . . . . . . . . . . . . . . . . . . . . .in the Venezuelan Oil Industry . . . . . . . . . . . . .and Productivity: Evidence from the Oil Industry . .

  20. International transmission of oil price effects and the derivation of optimal oil prices

    SciTech Connect (OSTI)

    Marquez, J.R.

    1983-01-01

    The purpose of this dissertation is to study the international transmission of oil-price effects and the derivation of optimal oil prices not as two separate problems but rather as one problem by recognizing that changes in oil prices affect real income of oil importers and thus feed back to the demand for oil faced by OPEC. To study the international transmission of oil price changes, the author develops a three-region world model where real income, prices, and international trade are endogenously determined. With this model he derives the comparative statics of oil price changes. He also analyzes the feedback effect of oil price changes, allowing for counterinflationary policies in oil-importing countries. A modified version of the theoretical model is econometrically estimated with data for 1960-1979. The quantitative dimension of oil price changes using dynamic multipliers is studied. Also studied are the impacts of restrictive fiscal policy in DC's, greater absorption by OPEC, and increased financial transfers to LDC's on real income, in the international oil market, on inflation, and on international trade of manufacturers and raw materials. It was found that not recognizing the feedback effects of oil price increases introduces a significant upward bias in the total price elasticity and in the optimal oil price path, neither of which is consistent with OPEC's best interest.

  1. International petroleum statistics report, July 1996

    SciTech Connect (OSTI)

    1996-07-01

    This report presents data on international oil production, demand, imports and exports, and stocks. World oil production and historical data are also presented.

  2. Heading off the permanent oil crisis

    SciTech Connect (OSTI)

    MacKenzie, J.J.

    1996-11-01

    The 1996 spike in gasoline prices was not a signal of any fundamental worldwide shortage of crude oil. But based on a review of many studies of recoverable crude oil that have been published since the 1950s, it looks as though such a shortfall is now within sight. With world demand for oil growing at 2 percent per year, global production is likely to peak between the years 2007 and 2014. As this time approaches, we can expect prices to rise markedly and, most likely, permanently. Policy changes are needed now to ease the transition to high-priced oil. Oil production will continue, though at a declining rate, for many decades after its peak, and there are enormous amounts of coal, oil sands, heavy oil, and oil shales worldwide that could be used to produce liquid or gaseous substitutes for crude oil, albeit at higher prices. But the facilities for making such synthetic fuels are costly to build and environmentally damaging to operate, and their use would substantially increase carbon dioxide emissions (compared to emissions from products made from conventional crude oil). This paper examines ways of heading of the impending oil crisis. 8 refs., 3 figs.

  3. High-Temperature Nuclear Reactors for In-Situ Recovery of Oil from Oil Shale

    SciTech Connect (OSTI)

    Forsberg, Charles W.

    2006-07-01

    The world is exhausting its supply of crude oil for the production of liquid fuels (gasoline, jet fuel, and diesel). However, the United States has sufficient oil shale deposits to meet our current oil demands for {approx}100 years. Shell Oil Corporation is developing a new potentially cost-effective in-situ process for oil recovery that involves drilling wells into oil shale, using electric heaters to raise the bulk temperature of the oil shale deposit to {approx}370 deg C to initiate chemical reactions that produce light crude oil, and then pumping the oil to the surface. The primary production cost is the cost of high-temperature electrical heating. Because of the low thermal conductivity of oil shale, high-temperature heat is required at the heater wells to obtain the required medium temperatures in the bulk oil shale within an economically practical two to three years. It is proposed to use high-temperature nuclear reactors to provide high-temperature heat to replace the electricity and avoid the factor-of-2 loss in converting high-temperature heat to electricity that is then used to heat oil shale. Nuclear heat is potentially viable because many oil shale deposits are thick (200 to 700 m) and can yield up to 2.5 million barrels of oil per acre, or about 125 million dollars/acre of oil at $50/barrel. The concentrated characteristics of oil-shale deposits make it practical to transfer high-temperature heat over limited distances from a reactor to the oil shale deposits. (author)

  4. Gravity of world crude barrel to rise by 1995

    SciTech Connect (OSTI)

    Not Available

    1991-12-16

    This paper reports on the loss of crude exports from Iraq and Kuwait in 1990-91 and their gradual reentry into oil markets which will have a profound effect on world crude quality. Accordingly, the proportion of heavy crude in world markets will decline the next 5 years.

  5. Pear Stocks. Some Parasitic Fungi of Texas. 

    E-Print Network [OSTI]

    Brunk, Thomas L; Jennings, H. S. (Herbert Spencer)

    1890-01-01

    loam, and rich bottom lands. The up- PEAR STOCKS. 1 'l lands mainly underlaid with red clay and the bottom land with a lighter col- ored subsoil. G. W. Stoner, Jewella, Louisiana, January 10, 1890: In answering the questions you ask, will first... seedlings are worth there $10 per thousand, which will cost laid down here about $18 per thou- sand. And in the same catalogue I can buy pear stocks at $10 per ten thou- sand, or $1 a thousand. The temptation is great to take the latter. Man is but n...

  6. ,"Total Fuel Oil Expenditures

    U.S. Energy Information Administration (EIA) Indexed Site

    . Fuel Oil Expenditures by Census Region for Non-Mall Buildings, 2003" ,"Total Fuel Oil Expenditures (million dollars)",,,,"Fuel Oil Expenditures (dollars)" ,,,,,"per...

  7. ,"Total Fuel Oil Consumption

    U.S. Energy Information Administration (EIA) Indexed Site

    0. Fuel Oil Consumption (gallons) and Energy Intensities by End Use for Non-Mall Buildings, 2003" ,"Total Fuel Oil Consumption (million gallons)",,,,,"Fuel Oil Energy Intensity...

  8. ,"Total Fuel Oil Expenditures

    U.S. Energy Information Administration (EIA) Indexed Site

    4. Fuel Oil Expenditures by Census Region, 1999" ,"Total Fuel Oil Expenditures (million dollars)",,,,"Fuel Oil Expenditures (dollars)" ,,,,,"per Gallon",,,,"per Square Foot"...

  9. ,"Total Fuel Oil Expenditures

    U.S. Energy Information Administration (EIA) Indexed Site

    A. Fuel Oil Expenditures by Census Region for All Buildings, 2003" ,"Total Fuel Oil Expenditures (million dollars)",,,,"Fuel Oil Expenditures (dollars)" ,,,,,"per Gallon",,,,"per...

  10. ,"Total Fuel Oil Consumption

    U.S. Energy Information Administration (EIA) Indexed Site

    A. Fuel Oil Consumption (gallons) and Energy Intensities by End Use for All Buildings, 2003" ,"Total Fuel Oil Consumption (million gallons)",,,,,"Fuel Oil Energy Intensity...

  11. A diagnostic analysis of retail out-of-stocks

    E-Print Network [OSTI]

    Foo, Yong Ning

    2007-01-01

    In the highly competitive retail industry, merchandise out-of-stock (OOS) is a significant and pertinent problem. This thesis performs a diagnostic analysis on retail out-of-stocks using empirical data from a major retailer. ...

  12. Emotion Regulation: Taking Stock and Moving Forward James J. Gross

    E-Print Network [OSTI]

    Gross, James J.

    Emotion Regulation: Taking Stock and Moving Forward James J. Gross Stanford University The field). In this article, I take stock of the field and consider how it might be moved forward. I do this by asking

  13. This Issue: Forest Carbon Stocks and Flows

    E-Print Network [OSTI]

    Policy Framework Managing Forests because Carbon Matters: Integrating Energy, Products, and Land's Note M.T. Goergen Jr. SAF TASK FORCE REPORT Managing Forests because Carbon Matters: Integrating EnergyThis Issue: Forest Carbon Stocks and Flows Climate­Forest Interactions Biomass Use and Feedstock

  14. Realized Stock Volatility 2.1 Introduction

    E-Print Network [OSTI]

    Niebur, Ernst

    Chapter 2 Realized Stock Volatility 2.1 Introduction Financial market volatility is indispensable for asset and derivative pricing, asset allocation, and risk management. As volatility is not a directly is to calculate the daily volatility from the sample variance of intraday returns, the `realized' volatility

  15. DELINEATION OF TILEFISH, LOPHOLATILUS CHAMAELEONTICEPS, STOCKS ALONG

    E-Print Network [OSTI]

    AND IN THE GULF OF MEXICO S. J. KATZ,l C. B. GRIMES,2 AND K. W. ABLE3 ABSTRACT Tilefish, Lopkolatilus fisheries in the South Atlantic Bight and the Gulf of Mexico. Attempts were made to delineate stocks over'etic migration of eye, liver, and muscle proteins. Morphological and electrophoretic data (liver isocitrate

  16. Two Stock-Trading Agents: Market Making and Technical Analysis

    E-Print Network [OSTI]

    Stone, Peter

    Two Stock-Trading Agents: Market Making and Technical Analysis Yi Feng, Ronggang Yu, Peter Stone://www.cs.utexas.edu/~{fengyi,ryu,pstone} Abstract. Evolving information technologies have brought computa- tional power and real-time facilities into the stock market. Automated stock trading draws much interest from both the #12;elds of computer sci- ence

  17. The Information in Option Volume for Future Stock Prices

    E-Print Network [OSTI]

    Gabrieli, John

    that option trading volume contains information about future stock prices. Taking advantage of a unique dataThe Information in Option Volume for Future Stock Prices Jun Pan MIT Sloan School of Management set, we construct put-call ratios from option volume initiated by buyers to open new positions. Stocks

  18. Another Small World

    E-Print Network [OSTI]

    Bots, Eliane Esther

    2011-01-01

    Bots, E. “Another Small World. ” http://escholarship.org/uc/ISSN: 2159-2926 Another Small World Eliane Bots Bots, E. “Another Small World. ” http://escholarship.org/uc/

  19. International petroleum statistics report

    SciTech Connect (OSTI)

    1996-12-01

    This report presents data on international oil production, demand, imports, and stocks. World oil production and OECD demand data are for the years 1970 through 1995; stocks from 1973 through 1995, and trade from 1985 through 1995.

  20. International petroleum statistics report

    SciTech Connect (OSTI)

    1996-03-01

    This report presents data on international oil production, demand, imports, exports, and stocks. World oil production and OECD demand data are for the years 1970 through 1994; OECD stocks from 1973 through 1994; and OECD trade from 1984 through 1994.

  1. Oilfields of the World. Third edition

    SciTech Connect (OSTI)

    Tiratsoo, E.N.

    1985-01-01

    This third edition (updated to 1984) covers all of the world's major producing areas (both onshore and offshore) on six continents. It offers essential geologic, reserves, and production data on 13 nations that have become commercial oil producers in the last five years: Benin, Cameroon, Congo Republic, Ghana, Ivory Coast, Sudan, Zaire, Greece, The Phillippines, Sharjah, Thailand, Guatemala, and Surinam. Numerous maps display the geologic details of each area. This book also contains full-color maps of the oil and gas fields of the North Sea, Persian Gulf, Mexico, Venezuela, and Brazil.

  2. Do oil markets work; is OPEC dead

    SciTech Connect (OSTI)

    Gately, D. (New York Univ., NY (USA). Dept. of Economics)

    1989-01-01

    In this paper the authors review what has happened in world oil markets since the 1970s and examine the prospects for OPEC and world oil prices. The paper summarizes the data for the last two decades: by fuel, by product, and by region. It focuses on OPEC and its members, examining the differences in behavior between its members and non-OPEC producers. The authors find that OPEC is clearly still relevant, if no longer very powerful. Its members have collectively reduced output dramatically, in an unsuccessful attempt to defend the price increases. They examine the important institutional changes of the last two decades, in comparison with the industry's stability for much of the century. They suggest an interpretation of OPEC's current situation. The paper summarizes the outlook for OPEC and the world oil market over the next two decades.

  3. Oil Dependence: The Value of R{ampersand}D

    SciTech Connect (OSTI)

    Greene, D.L.

    1997-07-01

    Over the past quarter century the United States` dependence on oil has cost its economy on the order of $5 trillion. Oil dependence is defined as economically significant consumption of oil, given price inelastic demand in the short and long run and given the ability of the OPEC cartel to use market power to influence oil prices. Although oil prices have been lower and more stable over the past decade, OPEC still holds the majority of the world`s conventional oil resources according to the best available estimates. OPEC`s share of the world oil market is likely to grow significantly in the future,restoring much if not all of their former market power. Other than market share, the key determinants of OPEC`s market power are the long and short run price elasticities of world oil demand and supply. These elasticities depend critically on the technologies of oil supply and demand, especially the technology of energy use in transportation. Research and development can change these elasticities in fundamental ways, and given the nature of the problem,the government has an important role to play in supporting such research.

  4. Shale Oil Value Enhancement Research

    SciTech Connect (OSTI)

    James W. Bunger

    2006-11-30

    Raw kerogen oil is rich in heteroatom-containing compounds. Heteroatoms, N, S & O, are undesirable as components of a refinery feedstock, but are the basis for product value in agrochemicals, pharmaceuticals, surfactants, solvents, polymers, and a host of industrial materials. An economically viable, technologically feasible process scheme was developed in this research that promises to enhance the economics of oil shale development, both in the US and elsewhere in the world, in particular Estonia. Products will compete in existing markets for products now manufactured by costly synthesis routes. A premium petroleum refinery feedstock is also produced. The technology is now ready for pilot plant engineering studies and is likely to play an important role in developing a US oil shale industry.

  5. U. S. Military Expenditures to Protect the Use of Persian Gulf Oil for Motor Vehicles: Report #15 in the series: The Annualized Social Cost of Motor-Vehicle Use in the United States, based on 1990-1991 Data

    E-Print Network [OSTI]

    Delucchi, Mark; Murphy, James

    2006-01-01

    there to protect world oil demand” (in Plesch et al. , 2005,instability related to U.S. demand for oil. Although to ourassociated with U.S. demand for Persian Gulf oil. If this is

  6. A Model of Stock Market Participants

    E-Print Network [OSTI]

    captures what data the participant has access to (e.g., the participant has access to all historical price markets #12; 1 Motivation At the turn of the century, Texas wildcatters would decide were to dig for oil of the causal processes that led to the formation of oil deposits. Everett Lee De Golyer, known as the Father

  7. Oil, gas tanker industry responding to demand, contract changes

    SciTech Connect (OSTI)

    True, W.R.

    1998-03-02

    Steady if slower growth in demand for crude oil and natural gas, low levels of scrapping, and a moderate newbuilding pace bode well for the world`s petroleum and natural-gas shipping industries. At year-end 1997, several studies of worldwide demand patterns and shipping fleets expressed short and medium-term optimism for seaborne oil and gas trade and fleet growth. The paper discusses steady demand and shifting patterns, the aging fleet, the slowing products traffic, the world`s fleet, gas carriers, LPG demand, and LPG vessels.

  8. Northeast Home Heating Oil Reserve System Heating Oil, PIA Office...

    Broader source: Energy.gov (indexed) [DOE]

    Northeast Home Heating Oil Reserve System Heating Oil, PIA Office of Fossil Energy Headquaters Northeast Home Heating Oil Reserve System Heating Oil, PIA Office of Fossil Energy...

  9. SOVENT BASED ENHANCED OIL RECOVERY FOR IN-SITU UPGRADING OF HEAVY OIL SANDS

    SciTech Connect (OSTI)

    Munroe, Norman

    2009-01-30

    With the depletion of conventional crude oil reserves in the world, heavy oil and bitumen resources have great potential to meet the future demand for petroleum products. However, oil recovery from heavy oil and bitumen reservoirs is much more difficult than that from conventional oil reservoirs. This is mainly because heavy oil or bitumen is partially or completely immobile under reservoir conditions due to its extremely high viscosity, which creates special production challenges. In order to overcome these challenges significant efforts were devoted by Applied Research Center (ARC) at Florida International University and The Center for Energy Economics (CEE) at the University of Texas. A simplified model was developed to assess the density of the upgraded crude depending on the ratio of solvent mass to crude oil mass, temperature, pressure and the properties of the crude oil. The simplified model incorporated the interaction dynamics into a homogeneous, porous heavy oil reservoir to simulate the dispersion and concentration of injected CO2. The model also incorporated the characteristic of a highly varying CO2 density near the critical point. Since the major challenge in heavy oil recovery is its high viscosity, most researchers have focused their investigations on this parameter in the laboratory as well as in the field resulting in disparaging results. This was attributed to oil being a complex poly-disperse blend of light and heavy paraffins, aromatics, resins and asphaltenes, which have diverse behaviors at reservoir temperature and pressures. The situation is exacerbated by a dearth of experimental data on gas diffusion coefficients in heavy oils due to the tedious nature of diffusivity measurements. Ultimately, the viscosity and thus oil recovery is regulated by pressure and its effect on the diffusion coefficient and oil swelling factors. The generation of a new phase within the crude and the differences in mobility between the new crude matrix and the precipitate readily enables removal of asphaltenes. Thus, an upgraded crude low in heavy metal, sulfur and nitrogen is more conducive for further purification.

  10. Power the world's powers the world's economy.

    E-Print Network [OSTI]

    Power the world's economy BUSINESS #12;powers the world's economy. Put yourself in the driver. · A buyer, merchandiser, planner or manager in a retail operation. · The manager of a restaurant or food materials firm. · A marketer promoting a business, nonprofit organization or public agency. · A small

  11. World oilseed situation and U. S. export opportunities, March 1984. Foreign agriculture circular

    SciTech Connect (OSTI)

    Not Available

    1984-03-01

    The world oilseed supply situation tightened in this month with estimated world oilseed, meal and oil production all down from the last month. Reduced peanut and sunflower seed output in drought-damaged areas in Africa more than offset an increase in Argentine soybean output. The protein meal sector remained quiet, with an adjustment in peanut meal production and a reduction in Soviet soybean meal imports. The situation for vegetable and marine oils also remained quiet during the month, with offsetting reductions of Singapore's palm oil imports and exports indicating that country's decline as a transshipper of palm oil.

  12. Using Fuel Oil",,,"Fuel Oil Consumption",,"Fuel Oil Expenditures...

    U.S. Energy Information Administration (EIA) Indexed Site

    . Total Fuel Oil Consumption and Expenditures for Non-Mall Buildings, 2003" ,"All Buildings* Using Fuel Oil",,,"Fuel Oil Consumption",,"Fuel Oil Expenditures" ,"Number of Buildings...

  13. Using Fuel Oil",,,"Fuel Oil Consumption",,"Fuel Oil Expenditures...

    U.S. Energy Information Administration (EIA) Indexed Site

    A. Total Fuel Oil Consumption and Expenditures for All Buildings, 2003" ,"All Buildings Using Fuel Oil",,,"Fuel Oil Consumption",,"Fuel Oil Expenditures" ,"Number of Buildings...

  14. About Hercules Offshore Headquartered in Houston, Texas, Hercules Offshore serves the oil and

    E-Print Network [OSTI]

    Fisher, Kathleen

    About Hercules Offshore Headquartered in Houston, Texas, Hercules Offshore serves the oil and gas largest in the world. The company's jackup rigs, liftboats and inland barges are used for oil and gas provides shallow-water drilling and support services to the oil and gas industry. The company serves

  15. Energy Management Program of an Integrated National Oil Company in the Middle-East 

    E-Print Network [OSTI]

    Kumana, J. D.; Aseeri, A. S.

    2007-01-01

    Saudi Aramco is the largest oil producer/exporter in the world, with a maximum sustained production capacity of over 10 MM bpd of crude oil and 8,000 MM scfd of natural gas. The Company operates approximately 32 large Gas-Oil Separation Plants...

  16. Industrial Use of Fish Oils UNITED STATES DEPART MENT OF THE INTERIOR

    E-Print Network [OSTI]

    Industrial Use of Fish Oils UNITED STATES DEPART MENT OF THE INTERIOR FISH AND WILDLIFE SERVICE BUREAU OF COMMERCIAL FISHERIES #12;Industrial Use of Fish Oils UNITED STATES DEPART MENT OF THE INTERIOR 16 IIndustrial Use of Fish Oils INTRODUCTION The world's waters annually produce a tremendous harwst

  17. Patterns of crude demand: Future patterns of demand for crude oil as a func-

    E-Print Network [OSTI]

    Langendoen, Koen

    #12;2 #12;Patterns of crude demand: Future patterns of demand for crude oil as a func- tion;5 Summary The crude oil market is actually experiencing dramatic changes on a world wide scale. Most schemes, and/or change quality of the feedstock (crude). Demand for crude oil is growing, especially

  18. Lake Level Controlled Sedimentological I Heterogenity of Oil Shale, Upper Green River

    E-Print Network [OSTI]

    Gani, M. Royhan

    Chapter 3 Lake Level Controlled Sedimentological 1:'_i 'I I Heterogenity of Oil Shale, Upper Green email: mgani@uno.edu t",. The Green River Formation comprises the world's largest deposit of oil-shale characterization of these lacustrine oil-shale deposits in the subsurface is lacking. This study analyzed ~300 m

  19. EFFECTS OF OIL ON MARINE ECOSYSTEMS: A REVIEW FOR ADMINISTRATORS AND POLICY MAKERS

    E-Print Network [OSTI]

    of crude oil and petroleum products should be con- servative and in favor of protecting the natural is reviewed. The focus is on studies on crude oil. and the results are discussed with the purpose of providing of ignorance we have about this world in which we live. Pollution ofthe ocean by oil is a worldwide prob- lem

  20. David L. Greene, Janet L. Hopson, and Jia Li A risk analysisis presentedof thepeakingof world conventionaloil pro-

    E-Print Network [OSTI]

    alternative viewsof ultimate world oil resources.A global energyscenariocreated bytheInternational Institute resources are indeed finite (1). Additionally, oil resourcesarenotafixed quantityt.-buta vari- able). The question of whether the availability of oil resources will someday soon prevent us from producing

  1. World Bio Markets

    Broader source: Energy.gov [DOE]

    Held in Amsterdam, Netherlands, the 10th anniversary World Bio Markets convened from March 1– 4, 2015.

  2. The microbe-mediated mechanisms affecting topsoil carbon stock...

    Office of Scientific and Technical Information (OSTI)

    affecting topsoil carbon stock in Tibetan grasslands Warming has been shown to cause soil carbon (C) loss in northern grasslands owing to accelerated microbial decomposition...

  3. Comparing Wealth Effects: The Stock Market versus The Housing Market

    E-Print Network [OSTI]

    Case, Karl E.; Quigley, John M.; Shiller, Robert J.

    2012-01-01

    The Stock Market, The Housing Market and Consumer Spending,”Perspective,” Journal of Housing Economics, 6, 1997: 119-of House Value,” Journal of Housing Economics, 2, 1992: 339-

  4. Studyatatop20 world university

    E-Print Network [OSTI]

    Applebaum, David

    Studyatatop20 world university www.kcl.ac.uk Opendayguide2015 #12;Welcome to King's College London Universities surveys. 6th in the UK Times Higher Education World University Rankings, 2014-15. If you want to make a difference and help shape the world in which we live, King's is the university for you. Ranked

  5. World Views From fragmentation

    E-Print Network [OSTI]

    World Views From fragmentation to integration Diederik Aerts Leo Apostel Bart De Moor Staf in 1994 by VUB Press: Brussels Internet edition by Clément Vidal and Alexander Riegler #12;World Views 2................................................................................................................... 5 1.1 The fragmentation of our world

  6. Manhattan World James Coughlan

    E-Print Network [OSTI]

    Yuille, Alan L.

    Manhattan World James Coughlan Smith-Kettlewell Eye Research Institute San Francisco, CA 94115 Alan@stat.ucla.edu In Neural Computation. Vol. 15. No. 5. pp 1063-1088. May. 2003. 1 #12;Manhattan World: Orientation are unaligned to the grid. To determine the applicability of the Manhattan world model we implement a null

  7. Scienceandthe DevelopingWorld

    E-Print Network [OSTI]

    -quality research and to provide education in order to promote science in the developing world. As we celebrate our to evolve in response to a changing world, initiating efforts where new priorities--and new potential and supporting science in the developing world. 2 New Research Areas: Develop new research areas

  8. Wireless World Research Forum

    E-Print Network [OSTI]

    Sasse, Angela

    Wireless World Research Forum Working Group 1 IEEE Communications Magazine Article Draft Considering the User in the Wireless World Authors: Ken Crisler (Motorola, US) Andrew Aftelak (Motorola, UK Dainesi (University of Pavia, Italy) Thea Turner (Motorola, US) #12;Abstract The Wireless World Research

  9. The outlook for US oil dependence

    SciTech Connect (OSTI)

    Greene, D.L.; Jones, D.W.; Leiby, P.N.

    1995-05-11

    Market share OPEC lost in defending higher prices from 1979-1985 is being steadily regained and is projected to exceed 50% by 2000. World oil markets are likely to be as vulnerable to monopoly influence as they were 20 years ago, as OPEC regains lost market share. The U.S. economy appears to be as exposed as it was in the early 1970s to losses from monopoly oil pricing. A simulated 2-year supply reduction in 2005-6 boosts OPEC revenues by roughly half a trillion dollars and costs the U.S. economy an approximately equal amount. The Strategic Petroleum Reserve appears to be of little benefit against such a determined, multi-year supply curtailment either in reducing OPEC revenues or protecting the U.S. economy. Increasing the price elasticity of oil demand and supply in the U.S. and the rest of the world, however, would be an effective strategy.

  10. Understanding Crude Oil Prices

    E-Print Network [OSTI]

    Hamilton, James Douglas

    2008-01-01

    Figure 5. Monthly oil production for Iran, Iraq, and Kuwait,day. Monthly crude oil production Iran Iraq Kuwait Figure 6.and the peak in U.S. oil production account for the broad

  11. Understanding Crude Oil Prices

    E-Print Network [OSTI]

    Hamilton, James Douglas

    2008-01-01

    per day. Monthly crude oil production Iran Iraq KuwaitEIA Table 1.2, “OPEC Crude Oil Production (Excluding Lease2008, from EIA, “Crude Oil Production. ” Figure 16. U.S.

  12. Understanding Crude Oil Prices

    E-Print Network [OSTI]

    Hamilton, James Douglas

    2008-01-01

    2004. “OPEC’s Optimal Crude Oil Price,” Energy Policy 32(2),the Predictive Accuracy of Crude Oil Futures Prices,” EnergyFigure 3. Price of crude oil contract maturing December of

  13. Understanding Crude Oil Prices

    E-Print Network [OSTI]

    Hamilton, James Douglas

    2008-01-01

    2004. “OPEC’s Optimal Crude Oil Price,” Energy Policy 32(2),percent change in real oil price. Figure 3. Price of crude023 Understanding Crude Oil Prices James D. Hamilton June

  14. Understanding Crude Oil Prices

    E-Print Network [OSTI]

    Hamilton, James Douglas

    2008-01-01

    and Income on Energy and Oil Demand,” Energy Journal 23(1),the faster its growth in oil demand over the last half ofthe income elasticity of oil demand to fall signi?cantly.

  15. China's Global Oil Strategy

    E-Print Network [OSTI]

    Thomas, Bryan G

    2009-01-01

    current pace of growth in oil demand as staying consistentthis point, China’s demand Oil Demand vs. Domestic Supply inand predictions of oil supply and demand affected foreign

  16. China's Global Oil Strategy

    E-Print Network [OSTI]

    Thomas, Bryan G

    2009-01-01

    Michael T. Klare, Blood and Oil: The Dangers of America’sDowns and Jeffrey A. Bader, “Oil-Hungry China Belongs at BigChina, Africa, and Oil,” (Council on Foreign Relations,

  17. Understanding Crude Oil Prices

    E-Print Network [OSTI]

    Hamilton, James Douglas

    2008-01-01

    Natural Gas, Heating Oil and Gasoline,” NBER Working Paper.2006. “China’s Growing Demand for Oil and Its Impact on U.S.and Income on Energy and Oil Demand,” Energy Journal 23(1),

  18. China's Global Oil Strategy

    E-Print Network [OSTI]

    Thomas, Bryan G

    2009-01-01

    China made an Iranian oil investment valued at $70 billion.across Iran, China’s oil investment may exceed $100 billionthese involving investment in oil and gas, really undermine

  19. Understanding Crude Oil Prices

    E-Print Network [OSTI]

    Hamilton, James Douglas

    2008-01-01

    in U.S. real GDP and oil consumption, 1949-2006. slope =Historical Chinese oil consumption and projection of trend.1991-2006: Chinese oil consumption in millions of barrels

  20. Understanding Crude Oil Prices

    E-Print Network [OSTI]

    Hamilton, James Douglas

    2008-01-01

    2004. “OPEC’s Optimal Crude Oil Price,” Energy Policy 32(2),023 Understanding Crude Oil Prices James D. Hamilton Junedirectly. Understanding Crude Oil Prices* James D. Hamilton

  1. Oil Security Metrics Model

    SciTech Connect (OSTI)

    Greene, David L.; Leiby, Paul N.

    2005-03-06

    A presentation to the IWG GPRA USDOE, March 6, 2005, Washington, DC. OSMM estimates oil security benefits of changes in the U.S. oil market.

  2. China's Global Oil Strategy

    E-Print Network [OSTI]

    Thomas, Bryan G

    2009-01-01

    China’s domestic oil supply will peak, and demand Robertpeak will come around 2020, 24 and that by this point, China’s demand Oil

  3. Understanding Crude Oil Prices

    E-Print Network [OSTI]

    Hamilton, James Douglas

    2008-01-01

    historical data for claiming to be able to predict oil pricehistorical data. The second is to look at the predictions of economic theory as to how oil prices

  4. Biochemically enhanced oil recovery and oil treatment

    DOE Patents [OSTI]

    Premuzic, Eugene T. (East Moriches, NY); Lin, Mow (Rocky Point, NY)

    1994-01-01

    This invention relates to the preparation of new, modified organisms, through challenge growth processes, that are viable in the extreme temperature, pressure and pH conditions and salt concentrations of an oil reservoir and that are suitable for use in microbial enhanced oil recovery. The modified microorganisms of the present invention are used to enhance oil recovery and remove sulfur compounds and metals from the crude oil.

  5. Biochemically enhanced oil recovery and oil treatment

    DOE Patents [OSTI]

    Premuzic, E.T.; Lin, M.

    1994-03-29

    This invention relates to the preparation of new, modified organisms, through challenge growth processes, that are viable in the extreme temperature, pressure and pH conditions and salt concentrations of an oil reservoir and that are suitable for use in microbial enhanced oil recovery. The modified microorganisms of the present invention are used to enhance oil recovery and remove sulfur compounds and metals from the crude oil. 62 figures.

  6. A predictive ocean oil spill model

    SciTech Connect (OSTI)

    Sanderson, J.; Barnette, D.; Papodopoulos, P.; Schaudt, K.; Szabo, D.

    1996-07-01

    This is the final report of a two-year, Laboratory-Directed Research and Development (LDRD) project at the Los Alamos National Laboratory (LANL). Initially, the project focused on creating an ocean oil spill model and working with the major oil companies to compare their data with the Los Alamos global ocean model. As a result of this initial effort, Los Alamos worked closely with the Eddy Joint Industry Project (EJIP), a consortium oil and gas producing companies in the US. The central theme of the project was to use output produced from LANL`s global ocean model to look in detail at ocean currents in selected geographic areas of the world of interest to consortium members. Once ocean currents are well understood this information could be used to create oil spill models, improve offshore exploration and drilling equipment, and aid in the design of semi-permanent offshore production platforms.

  7. Coal reserves in the United States and around the world

    SciTech Connect (OSTI)

    Jubert, K.; Masudi, H.

    1995-03-01

    There is an urgent need to examine the role that coal might play in meeting world energy needs during the next 20 years. Oil from the Organization of Petroleum Exporting Countries (OPEC) can no longer be relied upon to provide expanding supplies of energy, even with rapidly rising prices. Neither can nuclear energy be planned on for rapid expansion worldwide until present uncertainties about it are resolved. Yet, the world`s energy needs will continue to grow, even with vigorous energy conservation programs and with optimistic rates of expansion in the use of solar energy. Coal already supplies 25% of the world`s energy, its reserves are vast, and it is relatively inexpensive. This study, with the aid of reports from the World Coal Study (WOCOL) examines the needs for coal on a global scale, its availability past and present, and its future prospects.

  8. Preferred Stock and the Debt-Equity Hybrid Puzzle: An Analysis Using Credit Ratings 

    E-Print Network [OSTI]

    Strawser, William

    2011-08-08

    This study investigates the effect of preferred stock on the credit ratings assessed by professional credit analysts. Preferred stock inherently contains both features of debt and equity financing. Hence, the nature of preferred stock has...

  9. MARATHON OIl COMpANy TeAMS wITH MSU'S eARTH SCIeNCeS DepARTMeNT

    E-Print Network [OSTI]

    Barge, Marcy

    MARATHON OIl COMpANy TeAMS wITH MSU'S eARTH SCIeNCeS DepARTMeNT When Marathon Oil Corporation, one of the world's leading oil companies, wanted to support research and teaching excellence in earth science Marathon Oil Corporation and MSU that promotes the research and educational objectives of both

  10. Using Neural Networks to Forecast Stock Market Prices Ramon Lawrence

    E-Print Network [OSTI]

    Lawrence, Ramon

    Using Neural Networks to Forecast Stock Market Prices Ramon Lawrence Department of Computer Science on the application of neural networks in forecasting stock market prices. With their ability to discover patterns in nonlinear and chaotic systems, neural networks offer the ability to predict market directions more

  11. Industrial Electricity Usage and Stock Returns , Dayong Huang

    E-Print Network [OSTI]

    Pfrender, Michael

    on electricity consumption as a more accurate measure of economic growth in China. "All other figures, especiallyIndustrial Electricity Usage and Stock Returns Zhi Da , Dayong Huang , Hayong Yun§ April 2015 Abstract The industrial electricity usage growth rate predicts future stock returns up to one year

  12. Material Stock Requests 9.1 BRFHS and BRFHM

    E-Print Network [OSTI]

    Material Stock Requests 9.1 BRFHS and BRFHM Version Date: January 2014 #12;Training Guide BRFHS injury. If you use this software in dangerous applications, then you shall be responsible to take all and BRFHM Page iii Table of Contents Material_Stock_Requests_9_1_BRFHS

  13. Material Stock Requests 9.1 Version Date: April 2013

    E-Print Network [OSTI]

    Material Stock Requests 9.1 HCSD Version Date: April 2013 Revision Date: April 2013 #12;Training be responsible to take all appropriate fail-safe, backup, redundancy and other measures to ensure the safe use Guide HCSD Page iii Table of Contents Material Stock Requests HCSD

  14. Describing Spatial Relations using Informal Semantics Kristin Stock1

    E-Print Network [OSTI]

    Stock, Kristin

    Describing Spatial Relations using Informal Semantics Kristin Stock1 1 University of Nottingham, NG7 2RD, Nottingham Tel. +44(0)787 299 3270 Email: kristin.stock@nottingham.ac.uk Web address: http, people tend to think in terms of informal semantics. Informal semantics take the form of cognitive models

  15. REVIEW / SYNTHSE Increasing biological realism of fisheries stock

    E-Print Network [OSTI]

    Hutchings, Jeffrey A.

    sources of information to construct more biologically realistic stock-assessment models. The main message species. The hierarchical Bayesian framework provides a way of formally integrating these sources of knowledge into the stock-assessment protocol and to accumulate information from multiple sources and over

  16. International petroleum statistics report

    SciTech Connect (OSTI)

    1995-10-01

    The International Petroleum Statistics Report is a monthly publication that provides current international oil data. This report presents data on international oil production, demand, imports, exports and stocks. The report has four sections. Section 1 contains time series data on world oil production, and on oil demand and stocks in the Organization for Economic Cooperation and Development (OECD). Section 2 presents an oil supply/demand balance for the world, in quarterly intervals for the most recent two years. Section 3 presents data on oil imports by OECD countries. Section 4 presents annual time series data on world oil production and oil stocks, demand, and trade in OECD countries.

  17. Oil market simulation model user's manual

    SciTech Connect (OSTI)

    Not Available

    1988-05-01

    The Oil Market Simulation (OMS) Model is a LOTUS 1-2-3 Spreadsheet that simulates the world oil market. OMS is an annual model with a data base that begins in 1979 and computes projections through the year 2000. The geographic coverage includes all market economies, with net imports from the centrally planned economies taken as an assumption. The model estimate the effects of price changes on oil supply and demand and computes an oil price path over time that allows supply and demand to remain in balance within the market economics area as a whole. The input assumptions of OMS are highlighted (in color) on the spreadsheet and include the following: 1. The capacity of the OPEC countries to produce petroleum liquids (crude oil, natural gas liquids, condensates, refinery gains); 2. A reference case projection of regional oil supply and demand at some arbitrary reference path of oil prices over time. The reference case provided with this diskette is that used or EIA's latest base case in the International Energy Outlook, 1987 DOE/EIA-0484(87). 2 figs., 2 tabs.

  18. Jeffrey Sachs Director, Earth Institute at Columbia University; Author, "To Move the World: JFK's

    E-Print Network [OSTI]

    , Canada to the US Gulf Coast, carrying petroleum produced from Alberta's oil sands to the Gulf refineries extraction and use of Canada's enormous unconventional supplies. Therein lies the problem. The overwhelming implications of the climate science are clear. Either we keep some of the world's oil, gas, and coal reserves

  19. Eco Oil 4

    SciTech Connect (OSTI)

    Brett Earl; Brenda Clark

    2009-10-26

    This article describes the processes, challenges, and achievements of researching and developing a biobased motor oil.

  20. OIL & GAS INSTITUTE Introduction

    E-Print Network [OSTI]

    Strathclyde, University of

    OIL & GAS INSTITUTE CONTENTS Introduction Asset Integrity Underpinning Capabilities 2 4 4 6 8 9 10 COMPETITIVENESS UNIVERSITY of STRATHCLYDE OIL & GAS INSTITUTE OIL & GAS EXPERTISE AND PARTNERSHIPS #12;1 The launch of the Strathclyde Oil & Gas Institute represents an important step forward for the University

  1. The growing world LP-gas supply

    SciTech Connect (OSTI)

    Hoare, M.C.

    1988-11-01

    The possible range of future (LPG) export availabilities is huge, but actual production levels depend on factors, many of which are beyond our direct control - world demand for crude oil and gas, developments in technology, and the price of both energy in general and LPG specifically. Although these factors limit some of the potential developments, a substantial increase in LPG supply is certain, and this is likely to depress its price relative to other products. Over the last few years, a dramatic expansion has taken place in the industry. From 1980 to 1987, non-Communist world production of LPG increased by close to 35%, to a total of 115 million tonnes. If this is set against the general energy scene, LPG represented 3.7% of crude oil production by weight in 1980, rising to 5.4% in 1987. This growth reflects rise in consciousness around the world of the value of the product. LPG is no longer regarded as a byproduct, which is flared or disposed of at low value, but increasingly as a co-product, and much of the growth in production has been due to the installation of tailored recovery systems. LPG markets historically developed around sources of supply, constrained by the costs of transportation. The major exceptions, of course, were the Middle East, the large exporter, and Japan, the large importer.

  2. Transporting US oil imports: The impact of oil spill legislation on the tanker market

    SciTech Connect (OSTI)

    Rowland, P.J. (Rowland (P.) Associates (United States))

    1992-05-01

    The Oil Pollution Act of 1990 ( OPA'') and an even more problematic array of State pollution laws have raised the cost, and risk, of carrying oil into and out of the US. This report, prepared under contract to the US Department of energy's Office of Domestic and International Policy, examines the impact of Federal and State oil spill legislation on the tanker market. It reviews the role of marine transportation in US oil supply, explores the OPA and State oil spill laws, studies reactions to OPA in the tanker and tank barge industries and in related industries such as insurance and ship finance, and finally, discusses the likely developments in the years ahead. US waterborne oil imports amounted to 6.5 million B/D in 1991, three-quarters of which was crude oil. Imports will rise by almost 3 million B/D by 2000 according to US Department of energy forecasts, with most of the crude oil growth after 1995. Tanker demand will grow even faster: most of the US imports and the increased traffic to other world consuming regions will be on long-haul trades. Both the number of US port calls by tankers and the volume of offshore lightering will grow. Every aspect of the tanker industry's behavior is affected by OPA and a variety of State pollution laws.

  3. ,"Total Fuel Oil Consumption (trillion Btu)",,,,,"Fuel Oil Energy...

    U.S. Energy Information Administration (EIA) Indexed Site

    A. Fuel Oil Consumption (Btu) and Energy Intensities by End Use for All Buildings, 2003" ,"Total Fuel Oil Consumption (trillion Btu)",,,,,"Fuel Oil Energy Intensity (thousand Btu...

  4. Brane-world Cosmology

    SciTech Connect (OSTI)

    Wands, David [Institute of Cosmology and Gravitation, University of Portsmouth, Mercantile House, Portsmouth P01 2EG (United Kingdom)

    2006-06-19

    Brane-world models, where observers are restricted to a brane in a higher dimensional spacetime, offer a novel perspective on cosmology. I discuss some approaches to cosmology in extra dimensions and some interesting aspects of gravity and cosmology in brane-world models.

  5. Costs of U.S. Oil Dependence: 2005 Update

    SciTech Connect (OSTI)

    Greene, D.L.

    2005-03-08

    For thirty years, dependence on oil has been a significant problem for the United States. Oil dependence is not simply a matter of how much oil we import. It is a syndrome, a combination of the vulnerability of the U.S. economy to higher oil prices and oil price shocks and a concentration of world oil supplies in a small group of oil producing states that are willing and able to use their market power to influence world oil prices. Although there are vitally important political and military dimensions to the oil dependence problem, this report focuses on its direct economic costs. These costs are the transfer of wealth from the United States to oil producing countries, the loss of economic potential due to oil prices elevated above competitive market levels, and disruption costs caused by sudden and large oil price movements. Several enhancements have been made to methods used in past studies to estimate these costs, and estimates of key parameters have been updated based on the most recent literature. It is estimated that oil dependence has cost the U.S. economy $3.6 trillion (constant 2000 dollars) since 1970, with the bulk of the losses occurring between 1979 and 1986. However, if oil prices in 2005 average $35-$45/bbl, as recently predicted by the U.S. Energy Information Administration, oil dependence costs in 2005 will be in the range of $150-$250 billion. Costs are relatively evenly divided between the three components. A sensitivity analysis reflecting uncertainty about all the key parameters required to estimate oil dependence costs suggests that a reasonable range of uncertainty for the total costs of U.S. oil dependence over the past 30 years is $2-$6 trillion (constant 2000 dollars). Reckoned in terms of present value using a discount rate of 4.5%, the costs of U.S. oil dependence since 1970 are $8 trillion, with a reasonable range of uncertainty of $5 to $13 trillion.

  6. Ras Al Khaimah (RAK): World Oil Report 1991

    SciTech Connect (OSTI)

    Not Available

    1991-08-01

    This paper reports on Ras Al Khalmah (RAK) that had no drilling activity in 1990. In 1991, International Petroleum Ltd., (IPL), which holds a 1,100 sq mi concession onshore, may spud their West Jiri prospect. Amoco holds an offshore concession and was to have completed seismic last year. the RAK Gas Commission was reported to be operating the offshore Saleh gas field in 1990, which a former foreign concessionaire relinquished in mid-1989 since it had reached its economic limit. Production from Saleh last year is estimated at 1,000 bcpd and about 9 MMcfgd.

  7. BIOENERGIZEME INFOGRAPHIC CHALLENGE: Oil Future of the World

    Office of Energy Efficiency and Renewable Energy (EERE)

    This infographic was created by students from Miami Palmetto Senior High School in Pinecrest, FL, as part of the U.S. Department of Energy-BioenergizeME Infographic Challenge. The BioenergizeME...

  8. World Oils`s 1995 coiled tubing tables

    SciTech Connect (OSTI)

    1995-03-01

    Increasingly in demand in almost every aspect of today`s E and P market because of flexibility, versatility and economy, coiled tubing is being used for a variety of drilling, completion and production operations that previously required conventional jointed pipe, workover and snubbing units, or rotary drilling rigs. For 1995 the popular coiled tubing tables have been reformatted, expanded and improved to give industry engineering and field personnel additional, more specific selection, operational and installation information. Traditional specifications and dimensions have been augmented by addition of calculated performance properties for downhole workover and well servicing applications. For the first time the authors are presenting this information as a stand-alone feature, separate from conventional jointed tubing connection design tables, which are published annually in the January issue. With almost seven times as much usable data as previous listings, the authors hope that their new coiled tubing tables are even more practical and useful to their readers.

  9. UAE-Abu Dhabi: World Oil Report 1991

    SciTech Connect (OSTI)

    Not Available

    1991-08-01

    This paper reports that production expansion projects remain the focus in Abu Dhabi, with increased drilling operations underway both on and offshore. Only Abu Dhabi Co. for Onshore Operations (Adco) and Abu Dhabi Marine Operating Co. (Adma-Opco) provide any information about activity in the Emirate. Plans call for boosting productive capacity by 1 million bpd to near 3 million bpd. Present sustainable capacity is estimated at 1.8 million bpd by the CIA. This rate has been exceeded recently (it reached over 2 million bpd) to take advantage of higher prices in late 1990 and to make up for the shortfall due to loss of Iraqi and Kuwaiti exports. However, it does not appear higher rates can be sustained for a long period of time. By year-end 1992, sustainable output has been projected to reach 2.3 million bpd.

  10. Essays on Macroeconomics and Oil

    E-Print Network [OSTI]

    CAKIR, NIDA

    2013-01-01

    is described below. Data Crude oil production data is fromproductivity measure is crude oil production per worker, andwhich is measured as crude oil production per worker, is

  11. The Politics of Oil Nationalizations

    E-Print Network [OSTI]

    Mahdavi, Paasha

    2015-01-01

    in the oil and gas sectors . . . . . . . . . . . . . .of regime change, using oil and gas income per capita as aregime change, using fitted oil and gas income per capita as

  12. Essays on Macroeconomics and Oil

    E-Print Network [OSTI]

    CAKIR, NIDA

    2013-01-01

    Venezuelan Oil Industry Total Wells Drilled and InvestmentWells Drilled and Investment in the Venezuelan Oil Industryopenness of the oil sector to foreign investment contributes

  13. Middle East sparking increase in world drilling

    SciTech Connect (OSTI)

    Not Available

    1990-02-01

    Global drilling outside the United States appears to have bottomed out last year if official numbers and estimates supplied to World oil prove accurate. The 1990:0090 forecast calls for a 7.8% boost to 22,316 wells (excluding the USSR, Eastern Europe and North Korea), and every region expects to see a net increase. Figures provided by governmental agencies, operating companies and other sources indicate Middle Eastern drilling last year hit a new high for the 1980's with 948 wells. These figures are also given for Western Europe, the Far East, Africa, South America, Canada, Mexico, Costa Rica, and Guatemala.

  14. OPEC production: Untapped reserves, world demand spur production expansion

    SciTech Connect (OSTI)

    Ismail, I.A.H. (Organization of the Petroleum Exporting Countries, Vienna (Austria))

    1994-05-02

    To meet projected world oil demand, almost all members of the Organization of Petroleum Exporting Countries (OPEC) have embarked on ambitious capacity expansion programs aimed at increasing oil production capabilities. These expansion programs are in both new and existing oil fields. In the latter case, the aim is either to maintain production or reduce the production decline rate. However, the recent price deterioration has led some major OPEC producers, such as Saudi Arabia and Iran, to revise downward their capacity plans. Capital required for capacity expansion is considerable. Therefore, because the primary source of funds will come from within each OPEC country, a reasonably stable and relatively high oil price is required to obtain enough revenue for investing in upstream projects. This first in a series of two articles discusses the present OPEC capacity and planned expansion in the Middle East. The concluding part will cover the expansion plans in the remaining OPEC countries, capital requirements, and environmental concerns.

  15. Apparatus for distilling shale oil from oil shale

    SciTech Connect (OSTI)

    Shishido, T.; Sato, Y.

    1984-02-14

    An apparatus for distilling shale oil from oil shale comprises: a vertical type distilling furnace which is divided by two vertical partitions each provided with a plurality of vent apertures into an oil shale treating chamber and two gas chambers, said oil shale treating chamber being located between said two gas chambers in said vertical type distilling furnace, said vertical type distilling furnace being further divided by at least one horizontal partition into an oil shale distilling chamber in the lower part thereof and at least one oil shale preheating chamber in the upper part thereof, said oil shale distilling chamber and said oil shale preheating chamber communication with each other through a gap provided at an end of said horizontal partition, an oil shale supplied continuously from an oil shale supply port provided in said oil shale treating chamber at the top thereof into said oil shale treating chamber continuously moving from the oil shale preheating chamber to the oil shale distilling chamber, a high-temperature gas blown into an oil shale distilling chamber passing horizontally through said oil shale in said oil shale treating chamber, thereby said oil shale is preheated in said oil shale preheating chamber, and a gaseous shale oil is distilled from said preheated oil shale in said oil shale distilling chamber; and a separator for separating by liquefaction a gaseous shale oil from a gas containing the gaseous shale oil discharged from the oil shale preheating chamber.

  16. Oil Market Simulation model user`s manual

    SciTech Connect (OSTI)

    Not Available

    1992-07-01

    The Oil Market Simulation (OMS) model is a LOTUS 1-2-3 spreadsheet that simulates the world oil market. OMS is an annual model that projects the world oil market through the year 2010 from a data base that begins in 1979. The geographic coverage includes all market economies, with net imports from the centrally planned economies taken as an assumption. The model estimates the effects of price changes on oil supply and demand and computes an oil price path over nine that allows supply and demand to remain in balance within the market economies area as a whole. The input assumptions of OMS are highlighted (in color) on the spreadsheet and include the following: The capacity of the OPEC countries to produce petroleum liquids (crude oil, natural gas liquids, condensates, refinery gains); a reference case projection of regional oil supply and demand at some arbitrary reference path of oil prices over time. The reference case provided with this diskette is that used for EIA`s latest base case in the International Energy Outlook 1992 DOE/EIA-0484(92). The demonstration requires an IBM PC (or compatible), preferably with a color monitor. The demonstration diskette is self-contained, with all the files needed to run the demonstration. It does not, however, have the DOS system files, so this diskette cannot be used to start (boot) the computer.

  17. Spot-Oiling Johnsongrass. 

    E-Print Network [OSTI]

    Elliott, Fred C.; Norris, M. J.; Rea, H. E.

    1955-01-01

    -treat Johnsongrass in cotton in 19 54. Power-driven sprayers normally used for in- tect control in row crops were modified for Yose. A spray pressure of 12 pounds re inch was used. Two systems of the grass were tried. In one system the crenr applying the oil... crown-oilings with naphtha, 83 percent in 7 tests by 3 oil- ings, 95 percent in 6 tests by 4 oilings and 98 percent in 4 tests by 5 to 7 oilings. The use of mixtures of 50 percent naphtha and 50 per- cent kerosene or diesel fuel oil reduced...

  18. A world-classuniversity in aWorld Heritage city

    E-Print Network [OSTI]

    Burton, Geoffrey R.

    A world-classuniversity in aWorld Heritage city strategy university 2013-16 #12;shapingour future-choiceuniversityforstudentsworldwide.Weoffer adistinctiveblendofacademicreputation,anoutstandinggraduate employmentrecord,world-classsportsfacilities,andafullprogramme ofsocial our alumni, research and strategic partnerships. A world-class university in a World Heritage city

  19. The effect of the currency movements on stock markets 

    E-Print Network [OSTI]

    Zohrabyan, Tatevik

    2006-04-12

    This paper uncovers the relationship between stock markets and exchange rates in seven countries by employing stable aggregate currency (SAC) for the period of 1973- 2004. Ordinary Least Squares (OLS) regression, time ...

  20. Taking Stock of Our Situation: Pricing and Randomness

    E-Print Network [OSTI]

    O'Leary, Dianne P.

    Taking Stock of Our Situation: Pricing and Randomness Dianne P. O'Leary1 Many fascinating study is a supplement to Scientific Computing with Case Studies, Dianne P. O'Leary, SIAM Press

  1. Locke, Stock, and Peril: Natural Property Rights, Pollution, Peter Railton

    E-Print Network [OSTI]

    Callender, Craig

    1 Locke, Stock, and Peril: Natural Property Rights, Pollution, and Risk* Peter Railton INTRODUCTION rightfully take it from him or hinder him in his enjoyment of it. His right entitles him to exclude others

  2. Forecasting Stock Market Volatility: Evidence from Fourteen Countries. 

    E-Print Network [OSTI]

    Balaban, Ercan; Bayar, Asli; Faff, Robert

    2002-01-01

    This paper evaluates the out-of-sample forecasting accuracy of eleven models for weekly and monthly volatility in fourteen stock markets. Volatility is defined as within-week (within-month) standard deviation of continuously ...

  3. The informational feedback effect of stock prices on corporate disclosure

    E-Print Network [OSTI]

    Zuo, Luo, Ph. D. Massachusetts Institute of Technology

    2013-01-01

    This paper studies whether managers use investor information they learn from the stock market when making forward-looking disclosures. Using annual management earnings forecasts from 1996 to 2010, I find that the association ...

  4. Essays on liquidity of U.S. common stocks

    E-Print Network [OSTI]

    Nageswaran, Shalini

    2012-01-01

    31, 2002. The daily data on stock bid-ask quotes and finalstock market data such as daily or intraday prices, bid-asknarrower bid-ask spreads. Using daily price and quote data

  5. NONLINEARITY AND MARKET EFFICIENCY IN GCC STOCK MARKETS

    E-Print Network [OSTI]

    Alharbi, Abdullah M. H.

    2009-07-31

    ): Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates (UAE), using three robust and highly regarded nonlinearity tests. In addition, the Efficient Market Hypothesis (EMH) was tested in this dissertation for the GCC stock markets using...

  6. International petroleum statistics report

    SciTech Connect (OSTI)

    1996-08-01

    This report provides information on current international petroleum production, demand, imports, and stocks. World oil demand and OECD demand data are presented for the years 1970 thru 1995.

  7. WORLD EDITOR TRAINING GUIDE

    Office of Energy Efficiency and Renewable Energy (EERE) Indexed Site

    when selected. 4. In the panel on the right-hand side of the World Editor, select the Browser Tree tab (the tab turns blue when it is active). 5. In the Browser Tree hierarchy...

  8. China's Global Oil Strategy

    E-Print Network [OSTI]

    Thomas, Bryan G

    2009-01-01

    21, 2008. Ying, Wang. “ China, Venezuela firms to co-developApril 21, “China and Venezuela sign oil agreements. ” Chinaaccessed April 21, “Venezuela and China sign oil deal. ” BBC

  9. Understanding Crude Oil Prices

    E-Print Network [OSTI]

    Hamilton, James Douglas

    2008-01-01

    an alternative investment strategy to buying oil today andinvestments necessary to catch up. This was the view o?ered by oilinvestment strategy. date t) in order to purchase a quantity Q barrels of oil

  10. Vegetable oils for tractors

    SciTech Connect (OSTI)

    Moroney, M.

    1981-11-14

    Preliminary tests by the Agricultural Institute, show that tractors can be run on a 50:50 rape oil-diesel mixture or on pure rape oil. In fact, engine power actually increased slightly with the 50:50 blend but decreased fractionally with pure rape oil. Research at the North Dakota State University on using sunflower oil as an alternative to diesel fuel is also noted.

  11. SRC Residual fuel oils

    DOE Patents [OSTI]

    Tewari, Krishna C. (Whitehall, PA); Foster, Edward P. (Macungie, PA)

    1985-01-01

    Coal solids (SRC) and distillate oils are combined to afford single-phase blends of residual oils which have utility as fuel oils substitutes. The components are combined on the basis of their respective polarities, that is, on the basis of their heteroatom content, to assure complete solubilization of SRC. The resulting composition is a fuel oil blend which retains its stability and homogeneity over the long term.

  12. SRC residual fuel oils

    SciTech Connect (OSTI)

    Tewari, K.C.; Foster, E.P.

    1985-10-15

    Coal solids (SRC) and distillate oils are combined to afford single-phase blends of residual oils which have utility as fuel oils substitutes. The components are combined on the basis of their respective polarities, that is, on the basis of their heteroatom content, to assure complete solubilization of SRC. The resulting composition is a fuel oil blend which retains its stability and homogeneity over the long term.

  13. Enhanced Oil Recovery of Viscous Oil by Injection of Water-in-Oil Emulsion Made with Used Engine Oil 

    E-Print Network [OSTI]

    Fu, Xuebing

    2012-08-20

    Solids-stabilized water-in-oil emulsions have been suggested as a drive fluid to recover viscous oil through a piston-like displacement pattern. While crude heavy oil was initially suggested as the base oil, an alternative oil ? used engine oil...

  14. World’s Largest Solar Energy Project Heads to Mojave

    Broader source: Energy.gov [DOE]

    A California company will harness the Mojave Desert sunshine to create the world’s largest solar energy system by the end of 2013.

  15. Oil Quantity : The histori

    E-Print Network [OSTI]

    Lin, C.-Y. Cynthia

    120 140 160 19 Oil Quantity Con Wel N E A N N ng Results e Bay : The histori Bay over tim : Prudhoe Ba returns plan n in percent m 0% to 300% 968 1973 Oil Productio Productio 5000600 4000500 3000400 2000300 model for Prudhoe Bay. Figure 11: Historical Prudhoe Bay oil production data, modeled economically

  16. Biochemical upgrading of oils

    DOE Patents [OSTI]

    Premuzic, Eugene T. (East Moriches, NY); Lin, Mow S. (Rocky Point, NY)

    1999-01-12

    A process for biochemical conversion of heavy crude oils is provided. The process includes contacting heavy crude oils with adapted biocatalysts. The resulting upgraded oil shows, a relative increase in saturated hydrocarbons, emulsions and oxygenates and a decrease in compounds containing in organic sulfur, organic nitrogen and trace metals. Adapted microorganisms which have been modified under challenged growth processes are also disclosed.

  17. Biochemical upgrading of oils

    DOE Patents [OSTI]

    Premuzic, E.T.; Lin, M.S.

    1999-01-12

    A process for biochemical conversion of heavy crude oils is provided. The process includes contacting heavy crude oils with adapted biocatalysts. The resulting upgraded oil shows, a relative increase in saturated hydrocarbons, emulsions and oxygenates and a decrease in compounds containing organic sulfur, organic nitrogen and trace metals. Adapted microorganisms which have been modified under challenged growth processes are also disclosed. 121 figs.

  18. Oil spill response resources 

    E-Print Network [OSTI]

    Muthukrishnan, Shankar

    1996-01-01

    source in an effective manner. Oil spills are fast becoming pollution sources that are causing the maximum damage to the environment. This is owing to the compounds that are released and the way oil spreads in both water and land. Preventing the oil spill...

  19. Oil and Gas Exploration

    E-Print Network [OSTI]

    Tingley, Joseph V.

    , oil and gas, and geothermal activities and accomplishments in Nevada: production statistics Products 23. Sloan dolomite quarry 24. Weiser gypsum quarry Oil Fields 1. Blackburn field 2. North WillowMetals Industrial Minerals Oil and Gas Geothermal Exploration Development Mining Processing Nevada

  20. Lower oil prices and their implications for energy research and development policy

    SciTech Connect (OSTI)

    Not Available

    1983-01-01

    Two panels of witnesses from federal agencies, industrial and university research organizations, and the Congressional Budget Office discussed the effect that lower world oil prices might have on the level of government funding for energy research and development. The witnesses were asked to consider the long-term price of oil; recent changes in oil price, supply, and demand; the adequacy of projection models and forecasts in assessing the impacts of lower oil prices; and whether it is appropriate to link research and development funding to oil prices. Additional reports, analyses, statements, and responses to committee questions submitted for the record follow the testimony of the eight witnesses. (DCK)

  1. World pipeline work set for rapid growth

    SciTech Connect (OSTI)

    Not Available

    1992-08-01

    This paper reports on international pipeline construction which has entered a fast-growth period, accelerated by the new political and economic realities around the world and increasing demand for natural gas, crude oil and refined petroleum products. Many projects are under way or in planning for completion in the mid- to late 1990s in Europe, South America, Asia and the Middle East. Pipeline And Gas Journal's projection calls for construction or other work on 30,700 miles of new natural gas, crude oil and refined products pipelines in the 1992-93 period outside Canada and the U.S. These projects will cost an estimated $30 billion-plus. Natural gas pipelines will comprise most of the mileage, accounting for almost 23,000 miles at an estimated cost of $26.3 billion. Products pipelines, planned or under construction, will add another 5,800 miles at a cost of $2.8 billion. Crude oil pipelines, at a minimum, will total 1,900 new miles at a cost of slightly under $1 billion.

  2. Utah Heavy Oil Program

    SciTech Connect (OSTI)

    J. Bauman; S. Burian; M. Deo; E. Eddings; R. Gani; R. Goel; C.K. Huang; M. Hogue; R. Keiter; L. Li; J. Ruple; T. Ring; P. Rose; M. Skliar; P.J. Smith; J.P. Spinti; P. Tiwari; J. Wilkey; K. Uchitel

    2009-10-20

    The Utah Heavy Oil Program (UHOP) was established in June 2006 to provide multidisciplinary research support to federal and state constituents for addressing the wide-ranging issues surrounding the creation of an industry for unconventional oil production in the United States. Additionally, UHOP was to serve as an on-going source of unbiased information to the nation surrounding technical, economic, legal and environmental aspects of developing heavy oil, oil sands, and oil shale resources. UHOP fulGilled its role by completing three tasks. First, in response to the Energy Policy Act of 2005 Section 369(p), UHOP published an update report to the 1987 technical and economic assessment of domestic heavy oil resources that was prepared by the Interstate Oil and Gas Compact Commission. The UHOP report, entitled 'A Technical, Economic, and Legal Assessment of North American Heavy Oil, Oil Sands, and Oil Shale Resources' was published in electronic and hard copy form in October 2007. Second, UHOP developed of a comprehensive, publicly accessible online repository of unconventional oil resources in North America based on the DSpace software platform. An interactive map was also developed as a source of geospatial information and as a means to interact with the repository from a geospatial setting. All documents uploaded to the repository are fully searchable by author, title, and keywords. Third, UHOP sponsored Give research projects related to unconventional fuels development. Two projects looked at issues associated with oil shale production, including oil shale pyrolysis kinetics, resource heterogeneity, and reservoir simulation. One project evaluated in situ production from Utah oil sands. Another project focused on water availability and produced water treatments. The last project considered commercial oil shale leasing from a policy, environmental, and economic perspective.

  3. Wind Turbine Gearbox Oil Filtration and Condition Monitoring

    SciTech Connect (OSTI)

    Sheng, Shuangwen

    2015-10-25

    This is an invited presentation for a pre-conference workshop, titled advances and opportunities in lubrication: wind turbine, at the 2015 Society of Tribologists and Lubrication Engineers (STLE) Tribology Frontiers Conference held in Denver, CO. It gives a brief overview of wind turbine gearbox oil filtration and condition monitoring by highlighting typical industry practices and challenges. The presentation starts with an introduction by covering recent growth of global wind industry, reliability challenges, benefits of oil filtration and condition monitoring, and financial incentives to conduct wind operation and maintenance research, which includes gearbox oil filtration and condition monitoring work presented herein. Then, the presentation moves on to oil filtration by stressing the benefits of filtration, discussing typical main- and offline-loop practices, highlighting important factors considered when specifying a filtration system, and illustrating real-world application challenges through a cold-start example. In the next section on oil condition monitoring, a discussion on oil sample analysis, oil debris monitoring, oil cleanliness measurements and filter analysis is given based on testing results mostly obtained by and at NREL, and by pointing out a few challenges with oil sample analysis. The presentation concludes with a brief touch on future research and development (R and D) opportunities. It is hoping that the information presented can inform the STLE community to start or redirect their R and D work to help the wind industry advance.

  4. An Empirical Growth Model for Major Oil Exporters

    E-Print Network [OSTI]

    Esfahani, Hadi Salehi; Mohaddes, Kamiar; Pesaran, M. Hashem

    2012-03-21

    . 3See, for example, Amuzegar (2008) and the British Petroleum Statistical Review of World Energy. 3 Figure 1: Oil Export Revenues to Income Ratios for Major Oil Exporters 0.0 0.2 0.4 0.6 0.8 1980 1988 1996 2004 2010 Saudi Arabia Iran Norway Venezuela... shows most other OPEC (Organization of the Petroleum Exporting Countries) member countries such as Saudi Arabia, Venezuela, Nigeria, Algeria, United Arab Emirates and Kuwait, and a few countries outside OPEC such as Norway and Russia have similar oil...

  5. Heavy oil reservoirs recoverable by thermal technology. Annual report

    SciTech Connect (OSTI)

    Kujawa, P.

    1981-02-01

    The purpose of this study was to compile data on reservoirs that contain heavy oil in the 8 to 25/sup 0/ API gravity range, contain at least ten million barrels of oil currently in place, and are non-carbonate in lithology. The reservoirs within these constraints were then analyzed in light of applicable recovery technology, either steam-drive or in situ combustion, and then ranked hierarchically as candidate reservoirs. The study is presented in three volumes. Volume I presents the project background and approach, the screening analysis, ranking criteria, and listing of candidate reservoirs. The economic and environmental aspects of heavy oil recovery are included in appendices to this volume. This study provides an extensive basis for heavy oil development, but should be extended to include carbonate reservoirs and tar sands. It is imperative to look at heavy oil reservoirs and projects on an individual basis; it was discovered that operators, and industrial and government analysts will lump heavy oil reservoirs as poor producers, however, it was found that upon detailed analysis, a large number, so categorized, were producing very well. A study also should be conducted on abandoned reservoirs. To utilize heavy oil, refiners will have to add various unit operations to their processes, such as hydrotreaters and hydrodesulfurizers and will require, in most cases, a lighter blending stock. A big problem in producing heavy oil is that of regulation; specifically, it was found that the regulatory constraints are so fluid and changing that one cannot settle on a favorable recovery and production plan with enough confidence in the regulatory requirements to commit capital to the project.

  6. Testing for market integration crude oil, coal, and natural gas

    SciTech Connect (OSTI)

    Bachmeier, L.J.; Griffin, J.M.

    2006-07-01

    Prompted by the contemporaneous spike in coal, oil, and natural gas prices, this paper evaluates the degree of market integration both within and between crude oil, coal, and natural gas markets. Our approach yields parameters that can be readily tested against a priori conjectures. Using daily price data for five very different crude oils, we conclude that the world oil market is a single, highly integrated economic market. On the other hand, coal prices at five trading locations across the United States are cointegrated, but the degree of market integration is much weaker, particularly between Western and Eastern coals. Finally, we show that crude oil, coal, and natural gas markets are only very weakly integrated. Our results indicate that there is not a primary energy market. Despite current price peaks, it is not useful to think of a primary energy market, except in a very long run context.

  7. High-energy photon transport modeling for oil-well logging

    E-Print Network [OSTI]

    Johnson, Erik D., Ph. D. Massachusetts Institute of Technology

    2009-01-01

    Nuclear oil well logging tools utilizing radioisotope sources of photons are used ubiquitously in oilfields throughout the world. Because of safety and security concerns, there is renewed interest in shifting to ...

  8. Characterizing shale gas and tight oil drilling and production performance variability

    E-Print Network [OSTI]

    Montgomery, Justin B. (Justin Bruce)

    2015-01-01

    Shale gas and tight oil are energy resources of growing importance to the U.S. and the world. The combination of horizontal drilling and hydraulic fracturing has enabled economically feasible production from these resources, ...

  9. "ENDING STOCKS OF CRUDE OIL (excluding SPR)"

    U.S. Energy Information Administration (EIA) Indexed Site

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Home Page on Google Bookmark EERE: Alternative Fuels Data Center Home Page| Open Energy Information Serbia-EnhancingEtGeorgia:Illinois:WizardYatescloudDataAge Refining Air BPElectricity 1ENDING

  10. "US Commercial Crude Oil Stocks and Storage Capacity"

    U.S. Energy Information Administration (EIA) Indexed Site

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Home Page on Google Bookmark EERE: Alternative Fuels Data Center Home Page|Monthly","10/2015","1/15/1981"0. Total Consumption of LPG, Distillate6. Total1.6.6.9.US

  11. DOE Accepts Bids for Northeast Home Heating Oil Stocks | Department of

    Broader source: Energy.gov (indexed) [DOE]

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantity of Natural GasAdjustmentsShirleyEnergyTher i n c i p aDepartmentEnergyEveryCustomerD=DISCLAIMER:1904-AC23,T A *

  12. DOE Completes Sale of Northeast Home Heating Oil Stocks | Department of

    Broader source: Energy.gov (indexed) [DOE]

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantity of Natural GasAdjustmentsShirleyEnergyTher i n c i pState Efficiency,Energy News

  13. U.S. Crude Oil and Petroleum Products Stocks by Type

    Gasoline and Diesel Fuel Update (EIA)

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantity of Natural GasAdjustments (Billion Cubic Feet) Wyoming963 1.969 1.979 1.988Prices,Flight....131 2.253 2.161

  14. Distillate Fuel Oil Refinery, Bulk Terminal, and Natural Gas Plant Stocks

    Gasoline and Diesel Fuel Update (EIA)

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantity of Natural GasAdjustments (Billion Cubic Feet) Wyoming Dry NaturalPrices1 Table272/S The National Interim714 b Weekly

  15. EIA-803, Weekly Crude Oil Stocks Report Page 1 U. S. ENERGY INFORMATION ADMINISTRATION

    Gasoline and Diesel Fuel Update (EIA)

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantity of Natural GasAdjustments (Billion Cubic Feet) Wyoming Dry Natural GasNatural GasEIA lowers forecast for summer1

  16. Cost of Oil Dependence: A 2000 Update

    SciTech Connect (OSTI)

    Greene, D.L.; Tishchishyna, N.I.

    2000-05-01

    Oil dependence remains a potentially serious economic and strategic problem for the United States. This report updates previous estimates of the costs of oil dependence to the U.S. economy and introduces several methodological enhancements. Estimates of the costs to the U.S. economy of the oil market upheavals of the last 30 years are in the vicinity of $7 trillion, present value 1998 dollars, about as large as the sum total of payments on the national debt over the same period. Simply adding up historical costs in 1998 dollars without converting to present value results in a Base Case cost estimate of $3.4 trillion. Sensitivity analysis indicates that cost estimates are sensitive to key parameters. A lower bound estimate of $1.7 trillion and an upper bound of $7.1 trillion (not present value) indicate that the costs of oil dependence have been large under almost any plausible set of assumptions. These cost estimates do not include military, strategic or political costs associated with U.S. and world dependence on oil imports.

  17. Costs of Oil Dependence: A 2000 Update

    SciTech Connect (OSTI)

    Greene, D.L.

    2000-05-17

    Oil dependence remains a potentially serious economic and strategic problem for the United States. This report updates previous estimates of the costs of oil dependence to the U.S. economy and introduces several methodological enhancements. Estimates of the costs to the U.S. economy of the oil market upheavals of the last 30 years are in the vicinity of $7 trillion, present value 1998 dollars, about as large as the sum total of payments on the national debt over the same period. Simply adding up historical costs in 1998 dollars without converting to present value results in a Base Case cost estimate of $3.4 trillion. Sensitivity analysis indicates that cost estimates are sensitive to key parameters. A lower bound estimate of $1.7 trillion and an upper bound of $7.1 trillion (not present value) indicate that the costs of oil dependence have been large under almost any plausible set of assumptions. These cost estimates do not include military, strategic or political costs associated with U.S. and world dependence on oil imports.

  18. The Welfare Implications of Oil Privatisation: A Cost-Benefit Analysis of Norway's Statoil

    E-Print Network [OSTI]

    Wolf, C.; Pollitt, Michael G.

    producing position on the NCS, all of Statoil’s sales markets have long been competitive: its crude oil production is exported onto the world market, its refined oil products and petrochemicals compete for market share in Scandinavia, the Baltics... sample of global oil privatisations (Wolf 2008b; Wolf and Pollitt 2008)3 – but also relevant 1 For supporters of private markets public ownership per se results in lower economic efficiency; control...

  19. Geologic control of natural marine hydrocarbon seep emissions, Coal Oil Point seep field, California

    E-Print Network [OSTI]

    Luyendyk, Bruce

    ORIGINAL Geologic control of natural marine hydrocarbon seep emissions, Coal Oil Point seep field geology and gas-phase (methane) seepage for the Coal Oil Point (COP) seep field, one of the world (Shindell et al. 2005; Etiope 2009). As a result, future Kyoto- type treaties likely will seek to reduce

  20. Geographically-Distributed Databases: A Big Data Technology for Production Analysis in the Oil & Gas Industry

    E-Print Network [OSTI]

    SPE 167844 Geographically-Distributed Databases: A Big Data Technology for Production Analysis advances in the scientific field of "big-data" to the world of Oil & Gas upstream industry. These off-of-the-start IT technologies currently employed in the data management of Oil & Gas production operations. Most current

  1. Integration of nuclear power with oil sands extraction projects in Canada

    E-Print Network [OSTI]

    Finan, Ashley (Ashley E.)

    2007-01-01

    One of the largest oil reserves in the world is not in the Middle East or in Alaska, but in Canada. This fuel exists in the form of bitumen in Alberta's oil sands. While it takes a tremendous amount of energy to recover ...

  2. Fact #579: July 13, 2009 Oil Price and Economic Growth, 1970-2008

    Broader source: Energy.gov [DOE]

    Major oil price shocks have disrupted world energy markets five times in the past 30 years – 1973-74, 1979-80, 1990-1991, 1999-2000 and again in 2008. Most of the oil price shocks were followed by...

  3. World Cup Blues

    E-Print Network [OSTI]

    Hacker, Randi

    2010-08-18

    Broadcast Transcript: World Cup. 1966. North Korea stuns soccer fans by becoming the first Asian team ever to advance to the quarterfinals where they go up 3-0 against Portugal before finally being defeated at the hands--or rather feet...

  4. oxford world's classics PHILOSOPHICAL CRUMBS

    E-Print Network [OSTI]

    Doyle, Robert

    oxford world's classics REPETITION and PHILOSOPHICAL CRUMBS Søren Aabye Kierkegaard (1813:29:34 PM #12;oxford world's classics For over 100 years Oxford World's Classics have brought readers closer to the world's great literature. Now with over 700 titles --from the 4,000-year-old myths of Mesopotamia

  5. REVIEW PAPER Biodeterioration of crude oil and oil derived

    E-Print Network [OSTI]

    Appanna, Vasu

    REVIEW PAPER Biodeterioration of crude oil and oil derived products: a review Natalia A. Yemashova January 2007 Ó Springer Science+Business Media B.V. 2007 Abstract Biodeterioration of crude oil and oil of operational problems. Nowadays various test-systems are utilized for microbial monitoring in crude oils

  6. Crude Oil Analysis Database

    DOE Data Explorer [Office of Scientific and Technical Information (OSTI)]

    Shay, Johanna Y.

    The composition and physical properties of crude oil vary widely from one reservoir to another within an oil field, as well as from one field or region to another. Although all oils consist of hydrocarbons and their derivatives, the proportions of various types of compounds differ greatly. This makes some oils more suitable than others for specific refining processes and uses. To take advantage of this diversity, one needs access to information in a large database of crude oil analyses. The Crude Oil Analysis Database (COADB) currently satisfies this need by offering 9,056 crude oil analyses. Of these, 8,500 are United States domestic oils. The database contains results of analysis of the general properties and chemical composition, as well as the field, formation, and geographic location of the crude oil sample. [Taken from the Introduction to COAMDATA_DESC.pdf, part of the zipped software and database file at http://www.netl.doe.gov/technologies/oil-gas/Software/database.html] Save the zipped file to your PC. When opened, it will contain PDF documents and a large Excel spreadsheet. It will also contain the database in Microsoft Access 2002.

  7. Quantum spatial-periodic harmonic model for daily price-limited stock markets

    E-Print Network [OSTI]

    Meng, Xiangyi; Xu, Jingjing; Guo, Hong

    2015-01-01

    We investigate the behavior of stocks in daily price-limited stock markets by purposing a quantum spatial-periodic harmonic model. The stock price is presumed to oscillate and damp in a quantum spatial-periodic harmonic oscillator potential well. Complicated non-linear relations including inter-band positive correlation and intra-band negative correlation between the volatility and the trading volume of stocks are derived by considering the energy band structure of the model. The validity of price limitation is then examined and abnormal phenomena of a price-limited stock market (Shanghai Stock Exchange) of China are studied by applying our quantum model.

  8. International petroleum statistics report

    SciTech Connect (OSTI)

    1997-11-01

    This document is a monthly publication which provides current data on international oil production,demand,imports and stocks. This report has four sections which contain time series data on world oil production and oil demand and stocks in the Organization for Economic Cooperation and Development (OECD). Also included is oil supply/demand balance information for the world, and data on oil imports and trade by OECD countries.

  9. Hawaii energy strategy project 2: Fossil energy review. Task 1: World and regional fossil energy dynamics

    SciTech Connect (OSTI)

    Breazeale, K.; Isaak, D.T.; Yamaguchi, N.; Fridley, D.; Johnson, C.; Long, S.

    1993-12-01

    This report in the Hawaii Energy Strategy Project examines world and regional fossil energy dynamics. The topics of the report include fossil energy characteristics, the world oil industry including reserves, production, consumption, exporters, importers, refining, products and their uses, history and trends in the global oil market and the Asia-Pacific market; world gas industry including reserves, production, consumption, exporters, importers, processing, gas-based products, international gas market and the emerging Asia-Pacific gas market; the world coal industry including reserves, classification and quality, utilization, transportation, pricing, world coal market, Asia-Pacific coal outlook, trends in Europe and the Americas; and environmental trends affecting fossil fuels. 132 figs., 46 tabs.

  10. World energy: Building a sustainable future

    SciTech Connect (OSTI)

    Schipper, L.; Meyers, S.

    1992-04-01

    As the 20th century draws to a close, both individual countries and the world community face challenging problems related to the supply and use energy. These include local and regional environmental impacts, the prospect of global climate and sea level change associated with the greenhouse effect, and threats to international relations in connection with oil supply or nuclear proliferation. For developing countries, the financial cost of providing energy to provide basic needs and fuel economic development pose an additional burden. To assess the magnitude of future problems and the potential effectiveness of response strategies, it is important to understand how and why energy use has changed in the post and where it is heading. This requires study of the activities for which energy is used, and of how people and technology interact to provide the energy services that are desired. The authors and their colleagues have analyzed trends in energy use by sector for most of the world`s major energy-consuming countries. The approach we use considers three key elements in each sector: the level of activity, structural change, and energy intensity, which expresses the amount of energy used for various activities. At a disaggregated level, energy intensity is indicative of energy efficiency. But other factors besides technical efficiency also shape intensity.

  11. Rising U.S. oil output leads world oil supply growth

    Gasoline and Diesel Fuel Update (EIA)

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantity of Natural GasAdjustments (Billion Cubic Feet) Wyoming Dry Natural GasNaturalOctoberheating13, 2014propanepropane2,165

  12. Understanding Crude Oil Prices

    E-Print Network [OSTI]

    Hamilton, James Douglas

    2008-01-01

    disruptions, and the peak in U.S. oil production account foroil increased 81.1% (logarithmically) between January 1979 and the peak

  13. Crude Oil Prices

    U.S. Energy Information Administration (EIA) Indexed Site

    Petroleum Marketing Annual 2001 41 Table 21. Domestic Crude Oil First Purchase Prices (Dollars per Barrel) - Continued Year Month PAD District II (Continued) PAD District...

  14. Crude Oil Prices

    U.S. Energy Information Administration (EIA) Indexed Site

    Petroleum Marketing Annual 2000 41 Table 21. Domestic Crude Oil First Purchase Prices (Dollars per Barrel) - Continued Year Month PAD District II (Continued) PAD District...

  15. Crude Oil Prices

    U.S. Energy Information Administration (EIA) Indexed Site

    Petroleum Marketing Annual 1999 41 Table 21. Domestic Crude Oil First Purchase Prices (Dollars per Barrel) - Continued Year Month PAD District II (Continued) PAD District...

  16. Crude Oil Prices

    U.S. Energy Information Administration (EIA) Indexed Site

    Petroleum Marketing Annual 1998 41 Table 21. Domestic Crude Oil First Purchase Prices (Dollars per Barrel) - Continued Year Month PAD District II (Continued) PAD District...

  17. Crude Oil Prices

    U.S. Energy Information Administration (EIA) Indexed Site

    Petroleum Marketing Annual 2002 41 Table 21. Domestic Crude Oil First Purchase Prices (Dollars per Barrel) - Continued Year Month PAD District II (Continued) PAD District...

  18. Transporting US oil imports: The impact of oil spill legislation on the tanker market. Draft final report

    SciTech Connect (OSTI)

    Rowland, P.J. [Rowland (P.) Associates (United States)

    1992-05-01

    The Oil Pollution Act of 1990 (``OPA``) and an even more problematic array of State pollution laws have raised the cost, and risk, of carrying oil into and out of the US. This report, prepared under contract to the US Department of energy`s Office of Domestic and International Policy, examines the impact of Federal and State oil spill legislation on the tanker market. It reviews the role of marine transportation in US oil supply, explores the OPA and State oil spill laws, studies reactions to OPA in the tanker and tank barge industries and in related industries such as insurance and ship finance, and finally, discusses the likely developments in the years ahead. US waterborne oil imports amounted to 6.5 million B/D in 1991, three-quarters of which was crude oil. Imports will rise by almost 3 million B/D by 2000 according to US Department of energy forecasts, with most of the crude oil growth after 1995. Tanker demand will grow even faster: most of the US imports and the increased traffic to other world consuming regions will be on long-haul trades. Both the number of US port calls by tankers and the volume of offshore lightering will grow. Every aspect of the tanker industry`s behavior is affected by OPA and a variety of State pollution laws.

  19. Variation of mitochondrial control region sequences of Steller sea lions: the three-stock hypothesis 

    E-Print Network [OSTI]

    Baker, Alyson Renee

    2004-09-30

    -statistics at the regional level. The Commander Islands clearly associate with Alaskan western stock rookeries, not with the Asian rookeries. Within each of the three stocks there is significant isolation by distance among rookeries. This relationship does not hold...

  20. Are analysts biased? An analysis of analysts' stock recommendations that perform contrary to expectations 

    E-Print Network [OSTI]

    Taffler, Richard; Mokoteli, Thabang; Ryan, Paul

    2006-01-01

    This paper seeks to test whether analysts are prone to behavioral biases when making stock recommendations. In particular, we work with stocks whose performance subsequent to a new buy or sell recommendation is in the ...

  1. Modelling the costs of non-conventional oil: A case study of Canadian bitumen

    E-Print Network [OSTI]

    Méjean, A.; Hope, Chris

    of the parameter range. However, the issue about non-conventional oil is less to do with the size of the resources than the rate at which they can be produced, (ASPO, 2003). According to the 2004 World Energy Outlook (IEA, 2004a), total non-conventional oil... transformations of the oil market, including 3 the erosion of spare capacity due to lack of investment and strong world economic growth driven by China, the U.S. and the Middle East (EIA, 2007b), see also (Stevens, 2005). Some analysts claim that the recent...

  2. PIA - Northeast Home Heating Oil Reserve System (Heating Oil...

    Energy Savers [EERE]

    Home Heating Oil Reserve System (Heating Oil) More Documents & Publications PIA - WEB Physical Security Major Application PIA - GovTrip (DOE data) PIA - WEB Unclassified...

  3. Oil Shale and Oil Sands Development Robert Keiter; John Ruple...

    Office of Scientific and Technical Information (OSTI)

    Conjunctive Surface and Groundwater Management in Utah: Implications for Oil Shale and Oil Sands Development Robert Keiter; John Ruple; Heather Tanana; Rebecca Holt 29 ENERGY...

  4. History and some potentials of oil shale cement

    SciTech Connect (OSTI)

    Knutson, C.F.; Smith, R.P.; Russell, B.F. (Idaho National Engineering Lab., Idaho Falls, ID (USA))

    1989-01-01

    The utilization of oil shale as a cement component is discussed. It was investigated in America and Europe during World War I. Additional development occurred in Western Europe, Russia, and China during the 1920s and 1930s. World War II provided further development incentives and a relatively mature technology was in place in Germany, Russia, and China prior to 1980. The utilization of oil shale in cement has taken a number of different paths. One approach has been to utilize the energy in the oil shale as the principal source for the cement plant and to use the combusted shale as a minor constituent of the plant's cement product. A second approach has been to use the combusted shale as a class C or cementitious fly-ash component in portland cement concrete. Other approaches utilizing eastern oil shale have been to use the combusted oil shale with additives as a specialty cement, or to cocombust the oil shale with coal and utilize the sulfur-rich combustion product.

  5. Pyrolysis of Woody Residue Feedstocks: Upgrading of Bio-Oils from Mountain-Pine-Beetle-Killed Trees and Hog Fuel

    SciTech Connect (OSTI)

    Zacher, Alan H.; Elliott, Douglas C.; Olarte, Mariefel V.; Santosa, Daniel M.; Preto, Fernando; Iisa, Kristiina

    2014-12-01

    Liquid transportation fuel blend-stocks were produced by pyrolysis and catalytic upgrading of woody residue biomass. Mountain pine beetle killed wood and hog fuel from a saw mill were pyrolyzed in a 1 kg/h fluidized bed reactor and subsequently upgraded to hydrocarbons in a continuous fixed bed hydrotreater. Upgrading was performed by catalytic hydrotreatment in a two-stage bed at 170°C and 405°C with a per bed LHSV between 0.17 and 0.19. The overall yields from biomass to upgraded fuel were similar for both feeds: 24-25% despite the differences in bio-oil (intermediate) mass yield. Pyrolysis bio-oil mass yield was 61% from MPBK wood, and subsequent upgrading of the bio-oil gave an average mass yield of 41% to liquid fuel blend stocks. Hydrogen was consumed at an average of 0.042g/g of bio-oil fed, with final oxygen content in the product fuel ranging from 0.31% to 1.58% over the course of the test. Comparatively for hog fuel, pyrolysis bio-oil mass yield was lower at 54% due to inorganics in the biomass, but subsequent upgrading of that bio-oil had an average mass yield of 45% to liquid fuel, resulting in a similar final mass yield to fuel compared to the cleaner MPBK wood. Hydrogen consumption for the hog fuel upgrading averaged 0.041 g/g of bio-oil fed, and the final oxygen content of the product fuel ranged from 0.09% to 2.4% over the run. While it was confirmed that inorganic laded biomass yields less bio-oil, this work demonstrated that the resultant bio-oil can be upgraded to hydrocarbons at a higher yield than bio-oil from clean wood. Thus the final hydrocarbon yield from clean or residue biomass pyrolysis/upgrading was similar.

  6. The Politics of Oil Nationalizations

    E-Print Network [OSTI]

    Mahdavi, Paasha

    2015-01-01

    model specifications Oil production in the 1930-1950 period,NOCs by type, 1947-2005 . . Oil production, before and afterThe Political Economy of Oil Production in Latin America. ”

  7. The Politics of Oil Nationalizations

    E-Print Network [OSTI]

    Mahdavi, Paasha

    2015-01-01

    revenues (adjusted for real oil price) before and after es-to the volatility of oil prices – and thus the volatility ofSonin (2011) shows that oil prices and executive constraints

  8. The Politics of Oil Nationalizations

    E-Print Network [OSTI]

    Mahdavi, Paasha

    2015-01-01

    assessment of political and economic factors of oilAssessment of PEMEX’s Performance and Strategy. In Oil andOil Company resembled more of a regulator NOC). I will combine this assessment

  9. The Politics of Oil Nationalizations

    E-Print Network [OSTI]

    Mahdavi, Paasha

    2015-01-01

    Markus Br¨ uckner. 2012. “Oil Rents, Corruption, and Statewithin-country variance in oil rents and their effects onshift in the capture of oil rents – but I show why more work

  10. The Legacy of Oil Spills

    E-Print Network [OSTI]

    Trevors, J. T.; Saier, M. H.

    2010-01-01

    010-0527-5 The Legacy of Oil Spills J. T. Trevors & M. H.workers were killed, and oil has been gushing out everday. It is now June, and oil continues to spew forth into

  11. World Energy Projection System Plus Model Documentation: World Electricity Model

    Reports and Publications (EIA)

    2011-01-01

    This report documents the objectives, analytical approach and development of the World Energy Projection System Plus (WEPS ) World Electricity Model. It also catalogues and describes critical assumptions, computational methodology, parameter estimation techniques, and model source code.

  12. RoSCAR: Robot Stock Car Autonomous Racing , Corey Montella

    E-Print Network [OSTI]

    Spletzer, John R.

    RoSCAR: Robot Stock Car Autonomous Racing Kyle Hart , Corey Montella , Georges Petitpas , DylanSCAR. The platform is based on a 1/10-scale short track race car, integrated with an on-board desktop-class computer of Computer Science and Engineering Department of Mechanical Engineering ABSTRACT In this paper, we present

  13. Forecasting stock prices using Genetic Programming and Chance Discovery

    E-Print Network [OSTI]

    Fernandez, Thomas

    finance. GAs are algorithms that emulate evolution and natural selection to solve a problem. A populationForecasting stock prices using Genetic Programming and Chance Discovery Alma Lilia Garcia to financial problems. In particular, the use of Genetic Algorithms (GAs), for financial purposes, has

  14. Safety Stocks in Manufacturing Systems Stephen C. Graves*

    E-Print Network [OSTI]

    Graves, Stephen C.

    1987 A.P. Sloan School of Management Massachusetts Institute of Technology Room E53-390 Cambridge, MA Stephen C.Graves A.P.Sloan School of Management Massachusetts Institute of Technology Cambridge, MA 02139Safety Stocks in Manufacturing Systems by Stephen C. Graves* WP 1894-87 January 1987 revised June

  15. The Volatility of Liquidity and Expected Stock Returns 

    E-Print Network [OSTI]

    Akbas, Ferhat 1981-

    2011-07-29

    The pricing of total liquidity risk is studied in the cross-section of stock returns. The study suggests that there is a positive relation between total volatility of liquidity and expected returns. Our measure of liquidity is based on Amihud...

  16. Market Maker Inventories and Stock Prices Terrence Hendershott

    E-Print Network [OSTI]

    Kearns, Michael

    in intraday trading and price formation.2 This paper examines the relationship between closing market makerMarket Maker Inventories and Stock Prices Terrence Hendershott U.C. Berkeley Mark S. Seasholes U prices follow naturally from inventory models. Liquidity suppliers and market markers profit from

  17. An empirical investigation of Australian Stock Exchange Data.

    E-Print Network [OSTI]

    Sydney, University of

    separate data series representing an intraday and overnight component. Power law exponents the price dy- namics of the securities that trade on it. Markets such as the ASX allow for price development during non-trading periods, such as after hours trading and dual-listed stocks. A new approach

  18. An empirical investigation of Australian Stock Exchange Data.

    E-Print Network [OSTI]

    Sydney, University of

    separate data series representing an intraday and overnight component. Power law exponents the price dy­ namics of the securities that trade on it. Markets such as the ASX allow for price development during non­trading periods, such as after hours trading and dual­listed stocks. A new approach

  19. Trend Following Algorithms for Technical Trading in Stock Market

    E-Print Network [OSTI]

    Si, Yain Whar "Lawrence"

    to the design of technical trading systems. It implies that the fluctuation of market trend should be monitoredTrend Following Algorithms for Technical Trading in Stock Market Simon Fong, Jackie Tai, Yain Whar-- Trend following (TF) is a rule-based trading mechanism that taps on the movements of long-term market

  20. Stock Picking Skills of SEC Employees Shivaram Rajgopal

    E-Print Network [OSTI]

    Aazhang, Behnaam

    on trades by SEC employees are interesting. In March 2009, H. David Kotz, then Inspector General (IG for all securities in general; and (ii) about 8.5% in U.S. common stocks in particular. The abnormal of Thomson-Reuters for her invaluable help in explaining the institutional details of the Form 144 reporting

  1. STOCK COMPOSITION, GROWTH, MORTALITY, AND AVAILABILITY OF PACIFIC SAURY,

    E-Print Network [OSTI]

    RA, OF THE NORTHEASTERN PACIFIC OCEAN STEVEN E. HUGHES) ABSTRACT Recent international interest in the Pacific saury (C%/ahi" "£lira) resource of the north- eastern Pacific Ocean prompted studies to determine the stock, in the northeastern Pacific Ocean was begun by our laboratory. This study was a direct result of a tenfold decrease

  2. The St. Petersburg Paradox and the Crash of High-Tech Stocks in 2000

    E-Print Network [OSTI]

    Richards, Donald St. P.

    . P. RICHARDS During the late 1990s high technology growth stock prices were raised to unprecedented in which the valuation of growth stocks is related to the St. Petersburg paradox. Our conclusion- ball team; Fair game of chance; Geometric distribution; High technology stocks; Irrational exuberance

  3. Dynamics of a fishery on two fishing zones with fish stock dependent migrations: aggregation and control

    E-Print Network [OSTI]

    Bravo de la Parra, Rafael

    Dynamics of a fishery on two fishing zones with fish stock dependent migrations: aggregation a specific stock-effort dynamic model. The stock corresponds to two fish populations growing and moving between two fishing zones, on which they are harvested by two different fleets. The effort represents

  4. Balancing oil and environment... responsibly.

    SciTech Connect (OSTI)

    Weimer, Walter C.; Teske, Lisa

    2007-01-25

    Balancing Oil and Environment…Responsibly As the price of oil continues to skyrocket and global oil production nears the brink, pursuing unconventional oil supplies, such as oil shale, oil sands, heavy oils, and oils from biomass and coal has become increasingly attractive. Of particular significance to the American way is that our continent has significant quantities of these resources. Tapping into these new resources, however, requires cutting-edge technologies for identification, production, processing and environmental management. This job needs a super hero or two for a job of this size and proportion…

  5. Oil & Gas Science and Technology

    E-Print Network [OSTI]

    F. DAÏM

    2002-11-12

    update of the mechanical displacement and porosity field. In ... water and oil pressures are equal. ... o or w, denote the cell values of the oil and water phase.

  6. Essays on Macroeconomics and Oil

    E-Print Network [OSTI]

    CAKIR, NIDA

    2013-01-01

    Oil Production in Venezuela and Mexico . . . . . . . . . .and Productivity in Venezuela and Mexico . . . . . . . . OilEllner, ”Organized Labor in Venezuela 1958-1991: Behavior

  7. Heavy oil hydroprocessing

    SciTech Connect (OSTI)

    Pratt, R.E.; Nongbri, G.; Clausen, G.A. [Texaco R& D, Port Arthur, TX (United States)] [and others

    1995-12-31

    Many of the crude oils available worldwide are classified as heavy oils (API gravity less than 20). In addition, many of the heavier crude oils are also high in sulfur content. Both the low gravity and high sulfur content make these crude oils difficult to process in many refineries and additional processing equipment is required. Often, deasphalting of the vacuum residuum is one of the processing routes chosen. However, the deasphalted oil (DAO) is often of poor quality and presents problems in processing in existing refinery units. Fixed bed hydrotreater and hydrocracker catalysts are quickly fouled and fluid catalytic cracking units (FCCU) reach regenerator temperature limits with only small amounts of DAO in the feed. Use of the T-STAR ebullated bed process to hydrocrack and upgrade the DAO is an excellent route for making the DAO more palatable to refinery units.

  8. WCI - World Consensus Initiative

    Broader source: All U.S. Department of Energy (DOE) Office Webpages (Extended Search)

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantity of NaturalDukeWakefieldSulfateSciTechtail.Theory ofDidDevelopmentat LENA|UpcomingVisit Us Download theVisualVolunteerWorld

  9. Corrosivity Of Pyrolysis Oils

    SciTech Connect (OSTI)

    Keiser, James R; Bestor, Michael A; Lewis Sr, Samuel Arthur; Storey, John Morse

    2011-01-01

    Pyrolysis oils from several sources have been analyzed and used in corrosion studies which have consisted of exposing corrosion coupons and stress corrosion cracking U-bend samples. The chemical analyses have identified the carboxylic acid compounds as well as the other organic components which are primarily aromatic hydrocarbons. The corrosion studies have shown that raw pyrolysis oil is very corrosive to carbon steel and other alloys with relatively low chromium content. Stress corrosion cracking samples of carbon steel and several low alloy steels developed through-wall cracks after a few hundred hours of exposure at 50 C. Thermochemical processing of biomass can produce solid, liquid and/or gaseous products depending on the temperature and exposure time used for processing. The liquid product, known as pyrolysis oil or bio-oil, as produced contains a significant amount of oxygen, primarily as components of water, carboxylic acids, phenols, ketones and aldehydes. As a result of these constituents, these oils are generally quite acidic with a Total Acid Number (TAN) that can be around 100. Because of this acidity, bio-oil is reported to be corrosive to many common structural materials. Despite this corrosive nature, these oils have the potential to replace some imported petroleum. If the more acidic components can be removed from this bio-oil, it is expected that the oil could be blended with crude oil and then processed in existing petroleum refineries. The refinery products could be transported using customary routes - pipelines, barges, tanker trucks and rail cars - without a need for modification of existing hardware or construction of new infrastructure components - a feature not shared by ethanol.

  10. International oil and gas exploration and development: 1991

    SciTech Connect (OSTI)

    Not Available

    1993-12-01

    This report starts where the previous quarterly publication ended. This first publication of a new annual series contains most of the same data as the quarterly report, plus some new material, through 1991. It also presents historical data covering a longer period of time than the previous quarterly report. Country-level data on oil reserves, oil production, active drilling rigs, seismic crews, wells drilled, oil reserve additions, and oil reserve-to-production rations (R/P ratios) are listed for about 85 countries, where available, from 1970 through 1991. World and regional summaries are given in both tabular and graphical form. The most popular table in the previous quarterly report, a listing of new discoveries, continues in this annual report as Appendix A.

  11. Update: Oil protectionism - three views of US vulnerability

    SciTech Connect (OSTI)

    Not Available

    1987-06-30

    World oil prices seem to have stabilized above the US $18 mark, many US publics fear that market power will once again be transferred to the Organization of Petroleum Exporting Countries (OPEC). When the price was weak, many observers said the weakness reflected victory over OPEC, as if the 1986 oil price crash were a result of the Organization's failure to exert its selfish will. Now that prices are higher, will US dependency on OPEC mushroom, fueling a campaign to protect indigenous crude oil prices through effective import fees. In this issue, latest available official import statistics for three views on how US oil import dependency might be evolving are supplied. This issue also contains: (1) ED refining netback data for the US Gulf and West Coasts, Rotterdam, and Singapore for late June 1987; and (2) the ED fuel price/tax series for countries of the Eastern Hemisphere, June 1987 edition. 4 figures, 5 tables.

  12. Virtual World Grammar (Extended Abstract)

    E-Print Network [OSTI]

    Rodríguez, Inmaculada

    Virtual World Grammar (Extended Abstract) Tomas Trescak Artificial Intelligence Research Institute by means of 3D virtual worlds facilitating then the interaction among participants, i.e humans and agents. In this paper we propose a system that can automatically gen- erate a 3D virtual world from formal

  13. Smart World 2004 Semantic Modeling

    E-Print Network [OSTI]

    Brock, David

    Smart World 2004 Semantic Modeling December 8th , 2004 Modern business and operations managers decisions, and translate new data capabilities into new waves of productivity? At Smart World 2004, hear how such as interoperable data modeling and interactive simulation. Register now for Smart World 2004 to envision a fully

  14. WATER-TRAPPED WORLDS

    SciTech Connect (OSTI)

    Menou, Kristen [Department of Astronomy, Columbia University, 550 West 120th Street, New York, NY 10027 (United States)

    2013-09-01

    Although tidally locked habitable planets orbiting nearby M-dwarf stars are among the best astronomical targets to search for extrasolar life, they may also be deficient in volatiles and water. Climate models for this class of planets show atmospheric transport of water from the dayside to the nightside, where it is precipitated as snow and trapped as ice. Since ice only slowly flows back to the dayside upon accumulation, the resulting hydrological cycle can trap a large amount of water in the form of nightside ice. Using ice sheet dynamical and thermodynamical constraints, I illustrate how planets with less than about a quarter the Earth's oceans could trap most of their surface water on the nightside. This would leave their dayside, where habitable conditions are met, potentially dry. The amount and distribution of residual liquid water on the dayside depend on a variety of geophysical factors, including the efficiency of rock weathering at regulating atmospheric CO{sub 2} as dayside ocean basins dry up. Water-trapped worlds with dry daysides may offer similar advantages as land planets for habitability, by contrast with worlds where more abundant water freely flows around the globe.

  15. MARGINAL EXPENSE OIL WELL WIRELESS SURVEILLANCE MEOWS

    SciTech Connect (OSTI)

    Mason M. Medizade; John R. Ridgely; Donald G. Nelson

    2004-11-01

    A marginal expense oil well wireless surveillance system to monitor system performance and production from rod-pumped wells in real time from wells operated by Vaquero Energy in the Edison Field, Main Area of Kern County in California has been successfully designed and field tested. The surveillance system includes a proprietary flow sensor, a programmable transmitting unit, a base receiver and receiving antenna, and a base station computer equipped with software to interpret the data. First, the system design is presented. Second, field data obtained from three wells is shown. Results of the study show that an effective, cost competitive, real-time wireless surveillance system can be introduced to oil fields across the United States and the world.

  16. Just oil? The distribution of environmental and social impacts of oil production and consumption

    E-Print Network [OSTI]

    O'Rourke, D; Connolly, S

    2003-01-01

    htm ENVIRONMENTAL AND SOCIAL IMPACTS OF OIL Dutch Shell andAnalysis ENVIRONMENTAL AND SOCIAL IMPACTS OF OIL Briefs:ENVIRONMENTAL AND SOCIAL IMPACTS OF OIL Oil obviously

  17. An informal description of Standard OIL and Instance OIL

    E-Print Network [OSTI]

    Murawski, Andrzej

    An informal description of Standard OIL and Instance OIL 28 November 2000 Sean Bechhofer (1) Jeen to be specified in some language. This paper introduces the newest version of OIL ­ the ontology inference layer of the DAML language, with working name DAML-OIL, was proposed in a message to the rdf-logic mailing list

  18. European Market Study for BioOil (Pyrolysis Oil)

    E-Print Network [OSTI]

    European Market Study for BioOil (Pyrolysis Oil) Dec 15, 2006 Doug Bradley President Climate Change of Contents Scope Executive Summary 1. Background 2. Pyrolysis Oil-Char Supply and Export Potential 2 Competitiveness 3.1. Substitute Fuels 3.2. Price of Fossil Fuels 3.3. Delivered Costs of Pyrolysis Oil/Char 4

  19. International petroleum statistics report, November 1993

    SciTech Connect (OSTI)

    Not Available

    1993-11-26

    The International Petroleum Statistics Report presents data on international oil production, demand, imports, exports, and stocks. The report has four sections. Section 1 contains time series data on world oil production, and on oil demand and stocks in the Organization for Economic Cooperation and Development (OECD). This section contains annual data beginning in 1985, and monthly data for the most recent two years. Section 2 presents an oil supply/demand balance for world. This balance is presented in quarterly intervals for the most recent two years. Section 3 presents data on oil imports by OECD countries. This section contains annual data for the most recent year, quarterly data for the most recent twelve months. Section 4 presents annual time series data on world oil production and oil stocks, demand, and trade in OECD countries World oil production and OECD demand data are for the years 1970 through 1992; OECD stocks from 1973 through 1992: and OECD trade from 1982 through 1992.

  20. World energy: Building a sustainable future

    SciTech Connect (OSTI)

    Schipper, L.; Meyers, S.

    1992-04-01

    As the 20th century draws to a close, both individual countries and the world community face challenging problems related to the supply and use energy. These include local and regional environmental impacts, the prospect of global climate and sea level change associated with the greenhouse effect, and threats to international relations in connection with oil supply or nuclear proliferation. For developing countries, the financial cost of providing energy to provide basic needs and fuel economic development pose an additional burden. To assess the magnitude of future problems and the potential effectiveness of response strategies, it is important to understand how and why energy use has changed in the post and where it is heading. This requires study of the activities for which energy is used, and of how people and technology interact to provide the energy services that are desired. The authors and their colleagues have analyzed trends in energy use by sector for most of the world's major energy-consuming countries. The approach we use considers three key elements in each sector: the level of activity, structural change, and energy intensity, which expresses the amount of energy used for various activities. At a disaggregated level, energy intensity is indicative of energy efficiency. But other factors besides technical efficiency also shape intensity.

  1. World oilseed situation and US export opportunities, November 1983. Foreign agriculture circular

    SciTech Connect (OSTI)

    Not Available

    1983-11-01

    Tight supplies have continued to dominate the oilseeds and products situation since the October report, with estimated world oilseed production (including flaxseed) dropping by half a million tons. Increased projections of world soybean and peanut supplies were more than offset by reduced estimates of cottonseed output, as well as smaller reductions in prospective sunflower and rapeseed output. Forecast protein meal consumption dropped slightly from last month's level; forecast vegetable oil consumption also dropped slightly from last month's level.

  2. New Products TACKLING OIL SPILLS

    E-Print Network [OSTI]

    Rock, Chris

    New Products TACKLING OIL SPILLS Low-grade nonwoven cotton Texas Tech University researchers its own weight in oil. The results strengthen the use of cotton as a natural sorbent for oil, said Mr Engineering and Environmental Toxicology. "With the 2010 crude oil spill in the Gulf of Mexico. which resulted

  3. World nuclear outlook 1995

    SciTech Connect (OSTI)

    1995-09-29

    As part of the EIA program to provide energy information, this analysis report presents the current status and projections through 2015 of nuclear capacity, generation, and fuel cycle requirements for all countries in the world using nuclear power to generate electricity for commercial use. It also contains information and forecasts of developments in the uranium market. Long-term projections of US nuclear capacity, generation, and spent fuel discharges for two different scenarios through 2040 are developed for the Department of Energy`s Office of Civilian Radioactive Waste Management (OCRWM). In turn, the OCRWM provides partial funding for preparation of this report. The projections of uranium requirements are provided to the Organization for Economic Cooperation and Development (OECD) for preparation of the Nuclear Energy Agency/OECD report, Summary of Nuclear Power and Fuel Cycle Data in OECD Member Countries.

  4. World nuclear outlook 1994

    SciTech Connect (OSTI)

    NONE

    1994-12-01

    As part of the EIA program to provide energy information, this analysis report presents the current status and projections through 2010 of nuclear capacity, generation, and fuel cycle requirements for all countries in the world using nuclear power to generate electricity for commercial use. It also contains information and forecasts of developments in the uranium market. Long-term projections of US nuclear capacity, generation, and spent fuel discharges for three different scenarios through 2040 are developed for the Department of Energy`s Office of Civilian Radioactive Waste Management (OCRWM). In turn, the OCRWM provides partial funding for preparation of this report. The projections of uranium requirements are provided to the Organization for Economic Cooperation and Development (OECD) for preparation of the Nuclear Energy Agency/OECD report, Summary of Nuclear Power and Fuel Cycle Data in OECD Member Countries.

  5. Securities Regulation in a Virtual World

    E-Print Network [OSTI]

    Thompson, Shannon L.

    2009-01-01

    Regulation in a Virtual World Shannon L. Thompson* I.A. What Is a Virtual World? . B.The Virtual World of Second Life .. 1. The

  6. Oil shale research in China

    SciTech Connect (OSTI)

    Jianqiu, W.; Jialin, Q. (Beijing Graduate School, Petroleum Univ., Beijing (CN))

    1989-01-01

    There have been continued efforts and new emergence in oil shale research in Chine since 1980. In this paper, the studies carried out in universities, academic, research and industrial laboratories in recent years are summarized. The research areas cover the chemical structure of kerogen; thermal behavior of oil shale; drying, pyrolysis and combustion of oil shale; shale oil upgrading; chemical utilization of oil shale; retorting waste water treatment and economic assessment.

  7. Oil Mill Operators 

    E-Print Network [OSTI]

    Unknown

    2011-08-17

    Natural gas and petroleum are non-renewable and scarce energy sources. Although, it is well known that hydrocarbon reserves are depleting through the years, oil and gas remain the principal source of energy upon which our ...

  8. Crude Oil Prices

    Annual Energy Outlook [U.S. Energy Information Administration (EIA)]

    19.11 18.73 18.63 17.97 18.75 18.10 See footnotes at end of table. 21. Domestic Crude Oil First Purchase Prices Energy Information Administration Petroleum Marketing Annual...

  9. Crude Oil Prices

    Annual Energy Outlook [U.S. Energy Information Administration (EIA)]

    20.86 20.67 20.47 20.24 20.32 19.57 See footnotes at end of table. 21. Domestic Crude Oil First Purchase Prices Energy Information Administration Petroleum Marketing Annual...

  10. Using Oils As Pesticides 

    E-Print Network [OSTI]

    Bogran, Carlos E.; Ludwig, Scott; Metz, Bradley

    2006-10-30

    Petroleum and plant-derived spray oils show increasing potential for use as part of Integrated Pest Management systems for control of soft-bodied pests on fruit trees, shade trees, woody ornamentals and household plants. ...

  11. Understanding Crude Oil Prices

    E-Print Network [OSTI]

    Hamilton, James Douglas

    2008-01-01

    that the income elasticity of U.S. petroleum demand hasincome growth over the period and 1.11 for 11 oil-exporting countries.. And it is the latter countries where petroleum

  12. Imbibition assisted oil recovery 

    E-Print Network [OSTI]

    Pashayev, Orkhan H.

    2004-11-15

    analyzed in detail to investigate oil recovery during spontaneous imbibition with different types of boundary conditions. The results of these studies have been upscaled to the field dimensions. The validity of the new definition of characteristic length...

  13. Nigeria`s oil production behavior: Tests of alternative hypotheses

    SciTech Connect (OSTI)

    Awokuse, T.O.; Jones, C.T.

    1994-12-31

    The sudden quadrupling of world oil prices in 1973-1974 marked the beginning of several formal inquiries by economists into the production behavior of members of the Organization of the Petroleum Exporting Countries (OPEC). Interest in the organization was further heightened in 1979 when nominal oil prices further doubled. However, oil market analysts have differed in their evaluation of OPEC`s role in the determination of world oil prices. Most energy economists have modeled OPEC as a cartel. Morris Adelman has suggested that OPEC`s true nature lies somewhere between two polar cases of a dominant-firm industry and an imperfect, market-sharing cartel. In the former case, one large, dominant firm (i.e., Saudi Arabia) serves as the {open_quotes}swing producer,{close_quotes} allowing other cartel members and non-OPEC oil producers to produce whatever they wished, controlling the market price by itself through its own output adjustments. The latter case of an imperfect market-sharing cartel is a loose collusive arrangement in which all members agree on an acceptable price level and individual output shares for each producer. Adelman believes that OPEC wobbles between these two cases, depending upon market conditions.

  14. Changes in exchange rates and oil prices for Saudi Arabia and other OPEC members

    SciTech Connect (OSTI)

    Cooper, R.L.

    1994-12-31

    When the U.S. dollar weakens significantly against currencies of other major trading nations, oil-exporting countries often become concerned about both loss of purchasing power for their imports as well as capital losses on dollar-denominated assets. This paper addresses these issues by (1) examining previous studies, (2) reviewing the historical oil price movements of oil denominated in different G-7 currencies, (3) performing a causality test between changes in exchange rates and the price of oil, (4) using an analytical model to relate changes in exchange rates and the price of oil through the world oil market; and (5) evaluating the gains and losses in terms of purchasing power of Saudi Arabia and other members of the Organization of the Petroleum Exporting Countries for selected historical periods.

  15. Stocking and Management Recommendations for Texas Farm Ponds. 

    E-Print Network [OSTI]

    Anonymous,

    1983-01-01

    , ponds less than one acre receive different recommendations than larger ponds. The extent of water surface fluctuations, degree of expected fishing pressure and the muddiness of the water are a few of the traits which the pondowner needs to know... fluctuate considerably in surface area should be stocked on the basis of average annual low water surface area. Muddy Water Many Texas ponds have a tendency to stay muddy. This condition is caused by suspended soil particles in the water and should...

  16. Taking stock of renewables: NREL teaches farm and ranch appliations

    SciTech Connect (OSTI)

    Marsh, M.G. [NREL, Golden, CO (United States)

    1996-09-01

    NREL workshop leaders find a receptive audience for renewable energy technologies among farmers and ranchers. As an exhibitor/participant in Denver`s National Western Stock Show, the National Renewable Energy Laboratory (NREL) of Golden, Colorado sponsored an educational workshop to demonstrate applications of solar and wind energy on the farm and ranch, offering a very non-traditional energy approach to people who pride themselves in tradition. This article describes solar and wind energy applications to farms and ranches.

  17. Oil and the American Way of Life: Don't Ask, Don't Tell

    ScienceCinema (OSTI)

    Kaufmann, Robert [Boston University, Boston, Massachusetts, United States

    2010-01-08

    In the coming decades, US consumers will face a series of important decisions about oil. To make effective decisions, consumers must confront some disturbing answers to questions they would rather not ask. These questions include: is the US running out of oil, is the world running out of oil, is OPEC increasing its grip on prices, is the US economy reducing its dependence on energy, and will the competitive market address these issues in a timely fashion? Answers to these questions indicate that the market will not address these issues: the US has already run out of inexpensive sources of oil such that rising prices no longer elicit significant increases in supply. The US experience implies that within a couple of decades, the world oil market will change from increasing supply at low prices to decreasing supply at higher prices. As the world approaches this important turning point, OPEC will strengthen its grip on world oil prices. Contrary to popular belief, the US economy continues to be highly dependent on energy, especially inexpensive sources of energy. Together, these trends threaten to undermine the basic way in which the US economy generates a high standard of living.

  18. Oil/gas collector/separator for underwater oil leaks

    DOE Patents [OSTI]

    Henning, Carl D. (Livermore, CA)

    1993-01-01

    An oil/gas collector/separator for recovery of oil leaking, for example, from an offshore or underwater oil well. The separator is floated over the point of the leak and tethered in place so as to receive oil/gas floating, or forced under pressure, toward the water surface from either a broken or leaking oil well casing, line, or sunken ship. The separator is provided with a downwardly extending skirt to contain the oil/gas which floats or is forced upward into a dome wherein the gas is separated from the oil/water, with the gas being flared (burned) at the top of the dome, and the oil is separated from water and pumped to a point of use. Since the density of oil is less than that of water it can be easily separated from any water entering the dome.

  19. Seismic stimulation for enhanced oil recovery

    E-Print Network [OSTI]

    Pride, S.R.

    2008-01-01

    aims to enhance oil production by sending seismic wavesbe expected to enhance oil production. INTRODUCTION The hopethe reservoir can cause oil production to increase. Quite

  20. WASTEWATER TREATMENT IN THE OIL SHALE INDUSTRY

    E-Print Network [OSTI]

    Fox, J.P.

    2010-01-01

    H. H. Peters, Shale Oil Waste Water Recovery by Evaporation,treatment of oil shale waste products. Consequently, bothmost difficult and costly oil shale waste stream requiring

  1. Water Heaters (Storage Oil) | Department of Energy

    Energy Savers [EERE]

    Oil) Water Heaters (Storage Oil) Water Heater, Storage Oil - v1.0.xlsx More Documents & Publications Water Heaters (Tankless Electric) Water Heaters (Storage Electric)...

  2. WASTEWATER TREATMENT IN THE OIL SHALE INDUSTRY

    E-Print Network [OSTI]

    Fox, J.P.

    2010-01-01

    during oil shale retorting: retort water and gas condensate.commercial oil shale plant, retort water and gas condensateunique to an oil shale retort water, gas condensate, and

  3. 2008 world direct reduction statistics

    SciTech Connect (OSTI)

    NONE

    2009-07-01

    This supplement discusses total direct reduced iron (DRI) production for 2007 and 2008 by process. Total 2008 production by MIDREX(reg sign) direct reduction process plants was over 39.8 million tons. The total of all coal-based processes was 17.6 million tons. Statistics for world DRI production are also given by region for 2007 and 2008 and by year (1970-2009). Capacity utilization for 2008 by process is given. World DRI production by region and by process is given for 1998-2008 and world DRI shipments are given from the 1970s to 2008. A list of world direct reduction plants is included.

  4. User cost in oil production

    E-Print Network [OSTI]

    Adelman, Morris Albert

    1990-01-01

    The assumption of an initial fixed mineral stock is superfluous and wrong. User cost (resource rent) in mineral production is the present value of expected increases in development cost. It can be measured as the difference ...

  5. Characterization of new Co and Ru on -WC catalysts for Fischer-Tropsch reaction. Influence of the carbide surface state.

    E-Print Network [OSTI]

    Paris-Sud XI, Université de

    continuously and represent at present the estimates of the world wild resources crude oil. Valorization-196" DOI : 10.1016/j.molcata.2006.06.015 #12;2 1. Introduction The world stocks of natural gas increase

  6. Characterization of new Co and Ru on -WC catalysts for Fischer-Tropsch reaction. Influence of the carbide surface state.

    E-Print Network [OSTI]

    Paris-Sud XI, Université de

    wild resources crude oil. Valorization of this natural gas induces a renewed interest for the Fischer The world stocks of natural gas increase continuously and represent at present the estimates of the world

  7. Model of world energy markets and OPEC pricing

    SciTech Connect (OSTI)

    Choe, B.J.

    1984-01-01

    This paper presents an analysis of the world energy and petroleum markets, carried out by means of an econometric simulation model. The model accepts a certain pricing path for OPEC crude oil (a price seen as being chosen by OPEC mainly on the basis of its revenue implications) together with assumptions about GDP and population growth, and generates energy balance projections for seven world regions - three industrial country regions and four developing country groups. The demand side of the model consists of three end-use sectors (transportation, industrial and residential/commercial) and one energy transformation sector (thermal power generation). The model presently has an endogenous supply specification only for coal. The performance of the model in simulating the historical period of the 1970s was reasonably satisfactory. Simulation results under a range of assumptions about future economic growth and OPEC pricing portend that world demand for energy and petroleum is likely to remain at relatively low levels throughout the 1980s and the early 1990s. Past and expected petroleum price increases will provide a strong and sustained incentive to substitute away from energy and petroleum; enough to keep the demand for OPEC oil comfortably within OPEC's productive capacity through the early 1990s. Coal will play a key role as a substitute fuel for the next 20 years. About two-thirds of the projected incremental demand for primary energy between 1978 and the year 2000 is accounted for by developing countries. 87 references, 8 figures, 45 tables.

  8. DEPARTMENT OF ECONOMICS AND FINANCE COLLEGE OF BUSINESS AND ECONOMICS

    E-Print Network [OSTI]

    Hickman, Mark

    -month futures crude oil prices, and for prices of gasoline and heating oil traded on the New York Stock Exchange-Variance and Stochastic Dominance Introduction Crude oil is an important commodity for the world economy. With the increasing tension of crude oil price, oil futures have became a popular derivative to hedge against the risk

  9. Submitted to The First World Congress on Integrated Design and Process Technology Integrated Production Systems for

    E-Print Network [OSTI]

    Foss, Bjarne A.

    and petrochemical plants, oil-processing plants including re neries, pulp and paper plants, metallurgical plantsSubmitted to The First World Congress on Integrated Design and Process Technology Integrated Production Systems for The Process Industries yBjarne A. Foss 1, zRoger Klev, zMorten Levin, xKristian Lien y

  10. Small-World Propensity in Weighted, Real-World Networks

    E-Print Network [OSTI]

    Muldoon, Sarah Feldt; Bassett, Danielle S

    2015-01-01

    Quantitative descriptions of network structure in big data can provide fundamental insights into the function of interconnected complex systems. Small-world structure, commonly diagnosed by high local clustering yet short average path length between any two nodes, directly enables information flow in coupled systems, a key function that can differ across conditions or between groups. However, current techniques to quantify small-world structure are dependent on nuisance variables such as density and agnostic to critical variables such as the strengths of connections between nodes, thereby hampering accurate and comparable assessments of small-world structure in different networks. Here, we address both limitations with a novel metric called the Small-World Propensity (SWP). In its binary instantiation, the SWP provides an unbiased assessment of small-world structure in networks of varying densities. We extend this concept to the case of weighted networks by developing (i) a standardized procedure for generati...

  11. Linkages between the markets for crude oil and the markets for refined products

    SciTech Connect (OSTI)

    Didziulis, V.S.

    1990-01-01

    To understand the crude oil price determination process it is necessary to extend the analysis beyond the markets for petroleum. Crude oil prices are determined in two closely related markets: the markets for crude oil and the markets for refined products. An econometric-linear programming model was developed to capture the linkages between the markets for crude oil and refined products. In the LP refiners maximize profits given crude oil supplies, refining capacities, and prices of refined products. The objective function is profit maximization net of crude oil prices. The shadow price on crude oil gives the netback price. Refined product prices are obtained from the econometric models. The model covers the free world divided in five regions. The model is used to analyze the impacts on the markets of policies that affect crude oil supplies, the demands for refined products, and the refining industry. For each scenario analyzed the demand for crude oil is derived from the equilibrium conditions in the markets for products. The demand curve is confronted with a supply curve which maximizes revenues providing an equilibrium solution for both crude oil and product markets. The model also captures crude oil price differentials by quality. The results show that the demands for crude oil are different across regions due to the structure of the refining industries and the characteristics of the demands for refined products. Changes in the demands for products have a larger impact on the markets than changes in the refining industry. Since markets for refined products and crude oil are interrelated they can't be analyzed individually if an accurate and complete assessment of a policy is to be made. Changes in only one product market in one region affect the other product markets and the prices of crude oil.

  12. Small-world models Winfried Just

    E-Print Network [OSTI]

    Just, Winfried

    Small-world models Winfried Just Hannah Callender May 27, 2015 Small-world networks are classes of networks that have both the small-world property and exhibit strong clustering. Two constructions worlds 1.1 The small-world property and small-world networks In our module Exploring distances with IONTW

  13. WORLD CONFERENCE AND GENEALOGICAL SEMINAR

    E-Print Network [OSTI]

    Olsen Jr., Dan R.

    WORLD CONFERENCE ON RECORDS AND GENEALOGICAL SEMINAR Salt Lake City, Utah, U.S.A. 5-8 August 1969 Research In Yugoslavia By Joze Zontar COPYRIGHT© 1969 THE GENEALOGICAL SOCIETY OF THE CHURCH OF JESUS CHRIST OF LATTER·DAY SAINTS, INC. AREA 0 -13 WORLD CONFERENCE ON RECORDS AND GENEALOGICAL SEMINAR Salt

  14. Do Daylight-Saving Time Adjustments Really Impact Stock Returns?

    E-Print Network [OSTI]

    Steigerwald, Douglas G; Conte, Marc

    2007-01-01

    Taylor, 1935, World Daylight Saving Time, Chicago: Cur- ranthe Market: The Daylight Saving Anomaly”, American Economicat the Market: The Daylight Saving Anomaly: Reply”, American

  15. Oil and Gas Investor returns climb as oil

    E-Print Network [OSTI]

    Arizona, University of

    Oil and Gas Investor returns climb as oil and gas drilling ventures succeed. www #12;Eng-Tips Forum Medical News Building/Construction · Engineers Advance Fuel Cell Technology · Micro

  16. Cow-Calf and Vegetation Response to Heavy Rates of Stocking at the Texas Experimental Ranch. 

    E-Print Network [OSTI]

    Heitschmidt, R.K.; Johnson, A.B.; Frasure, J.R.; Price, D.L.

    1983-01-01

    at a stocking rate considerably great er than that normally associated with conventional grazing systems (Fig. 1). To properly evaluate any extensive rangeland graz ing system, large areas of land and large numbers of livestock are required, since... dry winters. Annual precipitation at the ranch since 1960 has averaged 690 mm (Fig. 2). The pasture layout was a completely randomized design with two replications of three rates of stock ing. Treatment stocking rates were 5.0, 4.2, and 3...

  17. Used Oil and Filter Disposal Used Oil: Create a segregated storage area or container. Label the container "Waste Oil Only".

    E-Print Network [OSTI]

    Maroncelli, Mark

    the container "Waste Oil Only". Maintain a written log to document all amounts and types of oil addedUsed Oil and Filter Disposal Used Oil: Create a segregated storage area or container. Label to the container. No solvents, oil contaminated with solvents, PCBs, non-petroleum based oils, or any other

  18. Non-OPEC oil supply gains to outpace demand in 1997

    SciTech Connect (OSTI)

    Beck, R.J.

    1997-01-27

    Rising oil supplies in 1997 will relax some of the market tightness that drove up crude prices last year. Worldwide demand for petroleum products in 1996 rose faster than anticipated and faster than supply from outside the Organization of Petroleum Exporting Countries. This increased demand for OPEC oil and pushed up prices for crude. At year end, the world export price of crude was up more than 25% from the same period a year earlier. Market conditions will change in 1997. While worldwide economic growth will continue to boost demand for energy and petroleum, non-OPEC petroleum supply will grow even more. Increases in North Sea and Latin American production will help boost non-OPEC output by 1.9 million b/d. And revenues from 1996 production gains will make additional investment possible in exploration and production. The paper discusses world economic growth, world oil demand, worldwide supply, supply outlook, prices and international drilling.

  19. Virent is Replacing Crude Oil

    Office of Energy Efficiency and Renewable Energy (EERE)

    Breakout Session 2A—Conversion Technologies II: Bio-Oils, Sugar Intermediates, Precursors, Distributed Models, and Refinery Co-Processing Virent is Replacing Crude Oil Randy Cortright, Founder & Chief Technology Officer, Virent

  20. Business cycles in oil economies

    SciTech Connect (OSTI)

    Al-Mutairi, N.H.

    1991-01-01

    This study examines the impact of oil price shocks on output fluctuations of several oil-exporting economies. In most studies of business cycles, the role of oil price is ignored; the few studies that use oil price as one of the variables in the system focus on modeling oil-importing economies. The vector autoregression (VAR) technique is used to consider the cases of Norway, Nigeria, and Mexico. Both atheoretical and structural' VARs are estimated to determine the importance of oil price impulses on output variations. The study reports two types of results: variance decomposition and impulse response functions, with particular emphasis on the issues of stationarity and co-integration among the series. The empirical results suggest that shocks to oil price are important in explaining output variations. In most cases, shocks to oil price are shown to explain more than 20% of the forecast variance of output over a 40-quarter horizon.

  1. Oil | Department of Energy

    Office of Energy Efficiency and Renewable Energy (EERE) Indexed Site

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Home Page on Google Bookmark EERE: Alternative Fuels Data Center Home Page on Delicious Rank EERE: Alternative Fuelsof EnergyApril 2014DepartmentCouncilOffice of the ChiefResearchOil Oil For

  2. Oil and gas outlook

    Gasoline and Diesel Fuel Update (EIA)

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Homesum_a_epg0_fpd_mmcf_m.xls" ,"Available from WebQuantity of Natural GasAdjustments (Billion Cubic Feet) Wyoming Dry Natural GasNatural GasEIARegionalMethodologyNorth093 *Oil andOil and

  3. Fujian Zhongde Technology Stock Co Ltd | Open Energy Information

    Open Energy Info (EERE)

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Home Page on Google Bookmark EERE: Alternative Fuels Data Center Home Page on QA:QA J-E-1 SECTION J APPENDIX E LISTStar2-0057-EA Jump to:ofEnia SpAFlexStock Co Ltd Jump to: navigation, search Name:

  4. Jiangsu FAW Foundry Stock Co Ltd | Open Energy Information

    Open Energy Info (EERE)

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Home Page on Google Bookmark EERE: Alternative Fuels Data Center Home Page on QA:QA J-E-1 SECTION J APPENDIX E LIST OFAMERICA'SHeavyAgency (IRENA) Jump to: navigation,Wind Jump to:FAW Foundry Stock

  5. Correlation structure and principal components in global crude oil market

    E-Print Network [OSTI]

    Dai, Yue-Hua; Jiang, Zhi-Qiang; Jiang, George J; Zhou, Wei-Xing

    2014-01-01

    This article investigates the correlation structure of the global crude oil market using the daily returns of 71 oil price time series across the world from 1992 to 2012. We identify from the correlation matrix six clusters of time series exhibiting evident geographical traits, which supports Weiner's (1991) regionalization hypothesis of the global oil market. We find that intra-cluster pairs of time series are highly correlated while inter-cluster pairs have relatively low correlations. Principal component analysis shows that most eigenvalues of the correlation matrix locate outside the prediction of the random matrix theory and these deviating eigenvalues and their corresponding eigenvectors contain rich economic information. Specifically, the largest eigenvalue reflects a collective effect of the global market, other four largest eigenvalues possess a partitioning function to distinguish the six clusters, and the smallest eigenvalues highlight the pairs of time series with the largest correlation coefficie...

  6. Nineteenth oil shale symposium proceedings

    SciTech Connect (OSTI)

    Gary, J.H.

    1986-01-01

    This book contains 23 selections. Some of the titles are: Effects of maturation on hydrocarbon recoveries from Canadian oil shale deposits; Dust and pressure generated during commercial oil shale mine blasting: Part II; The petrosix project in Brazil - An update; Pathway of some trace elements during fluidized-bed combustion of Israeli Oil Shale; and Decommissioning of the U.S. Department of Energy Anvil Points Oil Shale Research Facility.

  7. Oil Conservation Division Environmental Bureau

    E-Print Network [OSTI]

    Oil Conservation Division Environmental Bureau Brine Well Collapse Evaluation Report June 18, 2009 Prukop of the Energy, Minerals and Natural Resources Department (EMNRD) ordered the Oil Conservation directed OCD to work with the Environmental Protection Agency, other states, technical experts, and oil

  8. Hypocholesterolemic Effects of Marine Oils

    E-Print Network [OSTI]

    Hypocholesterolemic Effects of Marine Oils UNITED STATES DEPART MENT OF THE INTERIOR FISH FISHERIES, H. E. Crowther, Director Hypocholesterolemic Effects of Marine Oils By JAMES J. PEIFER Excerpt from Chapter 23 of the book, "Fish Oils,·· M. E. Stansby, editor Avi Publishing Company, Westport

  9. OIL ANALYSIS LAB TRIVECTOR ANALYSIS

    E-Print Network [OSTI]

    OIL ANALYSIS LAB TRIVECTOR ANALYSIS This test method is a good routine test for the overall condition of the oil, the cleanliness, and can indicate the presence of wear metals that could be coming of magnetic metal particles within the oil. This may represent metals being worn from components (i

  10. Oil shale: Technology status report

    SciTech Connect (OSTI)

    Not Available

    1986-10-01

    This report documents the status of the US Department of Energy's (DOE) Oil Shale Program as of the end of FY 86. The report consists of (1) a status of oil shale development, (2) a description of the DOE Oil Shale Program, (3) an FY 86 oil shale research summary, and (4) a summary of FY 86 accomplishments. Discoveries were made in FY 86 about the physical and chemical properties and behavior of oil shales, process chemistry and kinetics, in situ retorting, advanced processes, and the environmental behavior and fate of wastes. The DOE Oil Shale Program shows an increasing emphasis on eastern US oil shales and in the development of advanced oil shale processing concepts. With the award to Foster Wheeler for the design of oil shale conceptual plants, the first step in the development of a systems analysis capability for the complete oil shale process has been taken. Unocal's Parachute Creek project, the only commercial oil shale plant operating in the United States, is operating at about 4000 bbl/day. The shale oil is upgraded at Parachute Creek for input to a conventional refinery. 67 refs., 21 figs., 3 tabs.

  11. The Politics of Oil Nationalizations

    E-Print Network [OSTI]

    Mahdavi, Paasha

    2015-01-01

    s ability to use oil wealth to finance its expenditures.Finance Bribes paid to SOCAR officials Bribes through agents to Sonangol, Iraqi oilFinance Act, and in the United States the effective tax rate is 16.7% for shallow-water oil

  12. Possibility in the Actual World

    E-Print Network [OSTI]

    Webb, Douglas J.

    Possibility in the Actual World Douglas J. Webb I. Introduction If one affirms an unrestricted law of bivalence, then there is a set of present truths that captures everything about the future. To begin, let me explain and briefly criticize... no other way the world (this world) can go. What is true cannot become false; hence what is true is logically fixed, or necessarily true. On the other hand, we suspect that in the reasoning just mentioned we are somehow confusing truth with necessity...

  13. African oil plays

    SciTech Connect (OSTI)

    Clifford, A.J. )

    1989-09-01

    The vast continent of Africa hosts over eight sedimentary basins, covering approximately half its total area. Of these basins, only 82% have entered a mature exploration phase, 9% have had little or no exploration at all. Since oil was first discovered in Africa during the mid-1950s, old play concepts continue to bear fruit, for example in Egypt and Nigeria, while new play concepts promise to become more important, such as in Algeria, Angola, Chad, Egypt, Gabon, and Sudan. The most exciting developments of recent years in African oil exploration are: (1) the Gamba/Dentale play, onshore Gabon; (2) the Pinda play, offshore Angola; (3) the Lucula/Toca play, offshore Cabinda; (4) the Metlaoui play, offshore Libya/Tunisia; (5) the mid-Cretaceous sand play, Chad/Sudan; and (6) the TAG-I/F6 play, onshore Algeria. Examples of these plays are illustrated along with some of the more traditional oil plays. Where are the future oil plays likely to develop No doubt, the Saharan basins of Algeria and Libya will feature strongly, also the presalt of Equatorial West Africa, the Central African Rift System and, more speculatively, offshore Ethiopia and Namibia, and onshore Madagascar, Mozambique, and Tanzania.

  14. Production of Shale Oil 

    E-Print Network [OSTI]

    Loper, R. D.

    1982-01-01

    part of 40% share up to a maximum of $1.1 billion. North of these two projects are the two prot Federal lease projects in Colorado -- the we most operated by the Rio Blanco Shale Oil Co a limited partnership between Amoco and Gulf Their early...

  15. Dying for oil

    SciTech Connect (OSTI)

    Sachs, A.

    1996-05-01

    This article discusses the fight and execution of Ken Saro-Wiwa, the Ogoni leader who defended his people`s land on the Niger delta against oil development encouraged by the government and persued by the Royal/Dutch Shell Co. Political reprocussions and heightened vigilance of environmental activists are discussed at length.

  16. Structural Oil Pan With Integrated Oil Filtration And Cooling System

    DOE Patents [OSTI]

    Freese, V, Charles Edwin (Westland, MI)

    2000-05-09

    An oil pan for an internal combustion engine includes a body defining a reservoir for collecting engine coolant. The reservoir has a bottom and side walls extending upwardly from the bottom to present a flanged lip through which the oil pan may be mounted to the engine. An oil cooler assembly is housed within the body of the oil pan for cooling lubricant received from the engine. The body includes an oil inlet passage formed integrally therewith for receiving lubricant from the engine and delivering lubricant to the oil cooler. In addition, the body also includes an oil pick up passage formed integrally therewith for providing fluid communication between the reservoir and the engine through the flanged lip.

  17. Energy Policy 34 (2006) 515531 Have we run out of oil yet? Oil peaking analysis from

    E-Print Network [OSTI]

    2006-01-01

    of conventional oil production from an optimist's perspective. Is the oil peak imminent? What is the range oil production, geological constraints on the rates at which oil can be produced are not represented. Unconventional oil is chosen because production from Venezuela's heavy-oil fields and Canada's Athabascan oil

  18. The world price of coal

    E-Print Network [OSTI]

    Ellerman, A. Denny

    1994-01-01

    A significant increase in the seaborne trade for coal over the past twenty years has unified formerly separate coal markets into a world market in which prices move in tandem. Due to its large domestic market, the United ...

  19. Entrepreneurial ecosystems around the world

    E-Print Network [OSTI]

    Kumar, Anand R

    2013-01-01

    Entrepreneurship is a vehicle of growth and job creation. America has understood it and benefitted most from following this philosophy. Governments around the world need to build and grow their entrepreneurial ecosystems ...

  20. Following the world's first nuclear...

    Broader source: All U.S. Department of Energy (DOE) Office Webpages (Extended Search)

    Laboratory) 35 National Security Science December 2014 From 1943 until the end of World War II (WWII) in 1945, Los Alamos was a secret city-officially it did not exist. Even...

  1. Stock market comovements: nonlinear approach for 48 countries

    E-Print Network [OSTI]

    Ferreira, Paulo; Movahed, S M S

    2015-01-01

    This paper examines the stock market comovements using basically three different approaches. Firstly, we used the most common linear analysis, based on cointegration and Granger causality tests; secondly we applied a nonlinear approach, using mutual information to analyze nonlinear dependence. Since underlying data sets are affected by non-stationarities, we also applied MF-DFA and MF-DXA in order to examine the multifractality nature of data and to analyze the relationship and mutual interaction between pairs of series, respectively. The overall results are quite interesting, since we found only 170 pair of stock markets cointegrated, and according to the Granger causality and mutual information we realized that the strongest relations lies between emerging markets, and between emerging and frontier markets. According to scaling exponent given by MF-DFA, $h(q=2)>1$, we found that all underlying data belong to non-stationary process. There is no cross-over in the fluctuation functions determined by MF-DFA met...

  2. Forecasting stock market returns over multiple time horizons

    E-Print Network [OSTI]

    Kroujiline, Dimitri; Ushanov, Dmitry; Sharov, Sergey V; Govorkov, Boris

    2015-01-01

    In this paper we seek to demonstrate the predictability of stock market returns and explain the nature of this return predictability. To this end, we further develop the news-driven analytic model of the stock market derived in Gusev et al. (2015). This enables us to capture market dynamics at various timescales and shed light on mechanisms underlying certain market behaviors such as transitions between bull- and bear markets and the self-similar behavior of price changes. We investigate the model and show that the market is nearly efficient on timescales shorter than one day, adjusting quickly to incoming news, but is inefficient on longer timescales, where news may have a long-lasting nonlinear impact on dynamics attributable to a feedback mechanism acting over these horizons. Using the model, we design the prototypes of algorithmic strategies that utilize news flow, quantified and measured, as the only input to trade on market return forecasts over multiple horizons, from days to months. The backtested res...

  3. World Best Practice Energy Intensity Values for Selected Industrial Sectors

    E-Print Network [OSTI]

    Worrell, Ernst; Price, Lynn; Neelis, Maarten; Galitsky, Christina; Zhou, Nan

    2007-01-01

    ammonia is made from heavy oil and coal, which is much lessfeedstock, followed by heavy oil, which requires an averagepartial oxidization of heavy fuel oil, gasification of coal,

  4. World Best Practice Energy Intensity Values for Selected Industrial Sectors

    E-Print Network [OSTI]

    Worrell, Ernst; Price, Lynn; Neelis, Maarten; Galitsky, Christina; Zhou, Nan

    2007-01-01

    feedstock, followed by heavy oil, which requires an averageammonia is made from heavy oil and coal, which is much lesspartial oxidization of heavy fuel oil, gasification of coal,

  5. The use of agent-based financial market models to test the effectiveness of regulatory policies*

    E-Print Network [OSTI]

    Tesfatsion, Leigh

    of crude oil varied on average by about 1.7 percent every day between 1986 and 2000 (see Shiller 2000, the course of the Japanese stock market between 1985 and 1995, the world-wide collapse of the stock markets.5 percent every day between 1974 and 1998. Commodity and stock prices can be even more volatile. The price

  6. International Petroleum Statistics Report, January 1994

    SciTech Connect (OSTI)

    Not Available

    1994-01-31

    The International Petroleum Statistics Report presents data on international oil production, demand, imports, exports, and stocks. The report has four sections. Section 1 contains time series data on world oil production, and on oil demand and stocks in the organization for Economic Cooperation and Development (OECD). This section contains annual data beginning in 1985, and monthly data for the most recent two years. Section 2 presents an oil supply/demand balance for world. This balance is presented in quarterly intervals for the most recent two years. Section 3 presents data on oil imports by OECD countries. This section contains annual data for the most recent year, quarterly data for the most recent two quarters, and monthly data for the most recent twelve months. Section 4 presents annual time series data on world oil production and oil stocks, demand, and trade for the years 1970 through 1992; OECD stocks from 1973 through 1992; and OECD trade from 1982 through 1992.

  7. International petroleum statistics report, October 1997

    SciTech Connect (OSTI)

    1997-10-01

    The International Petroleum Statistics Report presents data on international oil production, demand, imports, and stocks. The report has four sections. Section 1 contains time series data on world oil production, and on oil demand and stocks in the Organization for Economic Cooperation and Development (OECD). This section contains annual data intervals for the most recent two years. Section 3 presents data on oil imports by OECD countries. This section contains annual data for the most recent year, quarterly data for the most recent two quarters, and monthly data for the most recent twelve months. Section 4 presents annual time series data on world oil production and oil stocks, demand, and trade in OECD countries. World oil production and OECD demand data are for the years 1970 through 1996; OECD stocks from 1973 through 1996; and OECD trade from 1986 through 1996. 4 figs., 48 tabs.

  8. Just oil? The distribution of environmental and social impacts of oil production and consumption

    E-Print Network [OSTI]

    O'Rourke, D; Connolly, S

    2003-01-01

    bution of the impacts of oil production and consumption. Theof harmful effects from oil production and use. A criticaland procedural impacts of oil production and consumption

  9. Just oil? The distribution of environmental and social impacts of oil production and consumption

    E-Print Network [OSTI]

    O'Rourke, D; Connolly, S

    2003-01-01

    of the impacts of oil production and consumption. The reviewimpacts of oil production and consumption conclude theincreased oil production and consumption. But how well do

  10. Just oil? The distribution of environmental and social impacts of oil production and consumption

    E-Print Network [OSTI]

    O'Rourke, D; Connolly, S

    2003-01-01

    AND SOCIAL IMPACTS OF OIL product, product that does notthe quantity of oil products that escapes from pipelines. ”transport of crude oil and petroleum products accounted for

  11. Just oil? The distribution of environmental and social impacts of oil production and consumption

    E-Print Network [OSTI]

    O'Rourke, D; Connolly, S

    2003-01-01

    VII. IMPACTS OF OIL CONSUMPTION . . . . . . .and the location of oil consumption necessitates that crudere?neries. VII. IMPACTS OF OIL CONSUMPTION The combustion of

  12. Table 2. U.S. tight oil plays: production and proved reserves, 2013-14

    U.S. Energy Information Administration (EIA) Indexed Site

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Home Page on Google Bookmark EERE: Alternative Fuels Data Center Home Page| Open Energy Informationmonthly gasoline price toStocks 2009CubicAnalysisYear Jana.Alabama"U.S. tight oil

  13. Table 6. Crude oil and lease condensate proved reserves, reserves changes, and p

    U.S. Energy Information Administration (EIA) Indexed Site

    AFDC Printable Version Share this resource Send a link to EERE: Alternative Fuels Data Center Home Page to someone by E-mail Share EERE: Alternative Fuels Data Center Home Page on Facebook Tweet about EERE: Alternative Fuels Data Center Home Page on Twitter Bookmark EERE: Alternative Fuels Data Center Home Page on Google Bookmark EERE: Alternative Fuels Data Center Home Page| Open Energy Informationmonthly gasoline price toStocksU.S. shale gas plays: natural gasPetroleum NetCrude oil and

  14. Collective behavior of stock price movements in an emerging market Raj Kumar Pan* and Sitabhra Sinha

    E-Print Network [OSTI]

    Sinha, Sitabhra

    Sinha The Institute of Mathematical Sciences, C. I. T. Campus, Taramani, Chennai 600 113, India Received of stock price fluctuations in the National Stock Exchange NSE of India. We find that this emerging market activity is also influenced significantly by the arrival of external informa- tion. Statistical properties

  15. Comparison of coniferous forest carbon stocks between old-growth and young second-growth

    E-Print Network [OSTI]

    Sanborn, Paul

    stocks by 54%­41%. Résumé : Les stocks de carbone (C) ont été évalués pour les forêts de montagne-Britannique, au Canada. Des parcelles-échantillons ont été éta- blies dans quatre vieilles forêts (141­250 ans) et quatre jeunes forêts de seconde venue (ans) sur les deux types dominants de texture du sol, grossière

  16. Application of Pulsed Melodic Affective Processing to Stock Market Algorithmic Trading and Analysis

    E-Print Network [OSTI]

    Miranda, Eduardo Reck

    Application of Pulsed Melodic Affective Processing to Stock Market Algorithmic Trading and Analysis) to stock market analysis and algorithmic trading is examined. PMAP utilizes musically-based pulse sets on the processing efficiency and power. Having defined these elements, they then go on to investigate ways of making

  17. Building the Santa Fe Artificial Stock Market Blake LeBaron

    E-Print Network [OSTI]

    Tesfatsion, Leigh

    Building the Santa Fe Artificial Stock Market Blake LeBaron Brandeis University June 2002 Abstract This short summary presents an insider's look at the construction of the Santa Fe artificial stock of the directions that researchers have been taking is the use of agent-based financial markets. These "bottom- up

  18. Joint Stocking and Product Offer Decisions Under the Multinomial Logit Model

    E-Print Network [OSTI]

    Topaloglu, Huseyin

    Joint Stocking and Product Offer Decisions Under the Multinomial Logit Model Huseyin Topaloglu This paper studies a joint stocking and product offer problem. We have access to a number of products to satisfy the demand over a finite selling horizon. Given that customers choose among the set of offered

  19. Attribute Transformations on Numerical Applications to Stock Market and Economic Data

    E-Print Network [OSTI]

    Lin, Tsau Young

    Attribute Transformations on Numerical Databases Applications to Stock Market and Economic Data T of attribu- tion transformations, linear transformations, is applied to stock market and economic data. Some@cs.berkely.edu Abstract. The e#11;ects of attribute transformations on numerical data mining are investigated. Theoretical

  20. Agent-based modelling of stock markets using existing order book data

    E-Print Network [OSTI]

    Harman, Mark

    is highly problematic, because such infrequent, rapid intra-day move- ments denote one of the largest market primarily for stock market sim- ulation with a focus on longer time frames than intra-day behaviour. A keyAgent-based modelling of stock markets using existing order book data Efstathios Panayi1 , Mark

  1. RECOVERING A TIME-HOMOGENEOUS STOCK PRICE PROCESS FROM PERPETUAL OPTION PRICES

    E-Print Network [OSTI]

    RECOVERING A TIME-HOMOGENEOUS STOCK PRICE PROCESS FROM PERPETUAL OPTION PRICES ERIK EKSTR¨OM AND DAVID HOBSON Abstract. It is well-known how to determine the price of perpetual American options if the underlying stock price is a time-homogeneous diffusion. In the present paper we consider the inverse problem

  2. ON THE RELATION BETWEEN OPTION AND STOCK PRICES: A CONVEX OPTIMIZATION APPROACH

    E-Print Network [OSTI]

    Bertsimas, Dimitris

    ON THE RELATION BETWEEN OPTION AND STOCK PRICES: A CONVEX OPTIMIZATION APPROACH DIMITRIS BERTSIMAS of option and stock prices based just on the no-arbitrage assumption, but without assuming any model for the underlying price dynamics, has a long history in the financial economics literature. We introduce convex and

  3. Gomory Cuts from a Position-Indexed Formulation of 1D Stock Cutting

    E-Print Network [OSTI]

    Scheithauer, Guntram.

    Consider the one-dimensional cutting stock problem (CSP): given material pieces of length L and product the minimal number of stock pieces. 1.1 The Gilmore-Gomory and Arc-Flow Formulations Its classical formulation formulation. For each product type i = 1, . . . , m and for each capacity p = 0, . . . , L - li define flow

  4. Can the Bond Price Reaction to Earnings Announcements Predict Future Stock Returns?

    E-Print Network [OSTI]

    Tipple, Brett

    Can the Bond Price Reaction to Earnings Announcements Predict Future Stock Returns? Omri Even. #12;Abstract In this paper I show that the bond price reaction to earnings announcements has. By demonstrating that a firm's bond price reaction to an earnings announcement can predict future stock returns

  5. Heterogeneous capital stocks and the optimal timing for CO2 abatement

    E-Print Network [OSTI]

    Heterogeneous capital stocks and the optimal timing for CO2 abatement Mark Jaccard *, Nic Rivers assumptions, an early start at CO2 abatement for long-lived capital stocks would be economically optimal for achieving long run targets for atmospheric CO2 concentrations. If the target is a specific concentration

  6. Shifting production trends point to more oil from OPEC

    SciTech Connect (OSTI)

    Ismail, I.A.H. (Organization of Petroleum Exporting Countries, Vienna (Austria))

    1994-12-26

    Oil production from the Organization of Petroleum Exporting Countries and non-OPEC regions has undergone four major phases of change in relation to oil price since 1960. Patterns visible in those phases offer an indication of world-wide production trends in the future. These four phases are described. Overall, demand for oil during 1960--93 has increased from around 20 million b/d in 1960 to as high as 65 million b/d in 1993. The consensus among energy analysts and forecasters is that this demand growth will continue. This will encourage OPEC and non OPEC producers to invest in the oil industry to meet future demand growth. However, since the resource base is larger in OPEC than in non-OPEC areas, and since the cost of developing these resources is lower in OPEC than outside OPEC, the future call on OPEC oil to meet growth in demand will undoubtedly be substantiated as production from the non-OPEC region diminishes or at best stagnates. The paper discusses OPEC production trends, non-OPEC production, natural gas liquids, future production scenarios, and future constraints on production.

  7. The World Bank Group Energy Strategy

    E-Print Network [OSTI]

    Kammen, Daniel M.

    The World Bank Group Energy Strategy Approach Paper Sustainable Development Network October 2009...............................................................................................................................................iii World Bank Group Energy Strategy Approach Paper...............................................................................................................3 World Bank Group Energy Sector Strategy and Performance in Recent Years

  8. Blasting Our World (Joy to The World) Pedrolina "Paige" Delaperrucca and The Greater Westerly Raging Grannies

    E-Print Network [OSTI]

    Nightingale, Peter

    Blasting Our World (Joy to The World) Pedrolina "Paige" Delaperrucca and The Greater Westerly of the our They Rem- We Blast- Nu- G 2 truth di- leave they king- do dom D world waste war bomb, world

  9. Novel Vertimass Catalyst for Conversion of Ethanol and Other Alcohols into Fungible Gasoline, Jet, and Diesel Fuel Blend Stocks

    Broader source: Energy.gov [DOE]

    Novel Vertimass Catalyst for Conversion of Ethanol and Other Alcohols into Fungible Gasoline, Jet, and Diesel Fuel Blend Stocks

  10. Dynamics of the Oil Transition: Modeling Capacity, Costs, and Emissions

    E-Print Network [OSTI]

    Brandt, Adam R.; Farrell, Alexander E.

    2008-01-01

    EOR continues to unlock oil resources. Oil & Gas Journal, [of conventional oil resource availability. Estimates ofthe tar sands and heavy oil resource in Figure 10. Note that

  11. Successful Sequestration and Enhanced Oil Recovery Project Could...

    Office of Energy Efficiency and Renewable Energy (EERE) Indexed Site

    Successful Sequestration and Enhanced Oil Recovery Project Could Mean More Oil and Less CO2 Emissions Successful Sequestration and Enhanced Oil Recovery Project Could Mean More Oil...

  12. Shale oil recovery process

    DOE Patents [OSTI]

    Zerga, Daniel P. (Concord, CA)

    1980-01-01

    A process of producing within a subterranean oil shale deposit a retort chamber containing permeable fragmented material wherein a series of explosive charges are emplaced in the deposit in a particular configuration comprising an initiating round which functions to produce an upward flexure of the overburden and to initiate fragmentation of the oil shale within the area of the retort chamber to be formed, the initiating round being followed in a predetermined time sequence by retreating lines of emplaced charges developing further fragmentation within the retort zone and continued lateral upward flexure of the overburden. The initiating round is characterized by a plurality of 5-spot patterns and the retreating lines of charges are positioned and fired along zigzag lines generally forming retreating rows of W's. Particular time delays in the firing of successive charges are disclosed.

  13. Oil shale retort apparatus

    DOE Patents [OSTI]

    Reeves, Adam A. (Grand Junction, CO); Mast, Earl L. (Norman, OK); Greaves, Melvin J. (Littleton, CO)

    1990-01-01

    A retorting apparatus including a vertical kiln and a plurality of tubes for delivering rock to the top of the kiln and removal of processed rock from the bottom of the kiln so that the rock descends through the kiln as a moving bed. Distributors are provided for delivering gas to the kiln to effect heating of the rock and to disturb the rock particles during their descent. The distributors are constructed and disposed to deliver gas uniformly to the kiln and to withstand and overcome adverse conditions resulting from heat and from the descending rock. The rock delivery tubes are geometrically sized, spaced and positioned so as to deliver the shale uniformly into the kiln and form symmetrically disposed generally vertical paths, or "rock chimneys", through the descending shale which offer least resistance to upward flow of gas. When retorting oil shale, a delineated collection chamber near the top of the kiln collects gas and entrained oil mist rising through the kiln.

  14. Energy Secretary Moniz Dedicates World's Largest Concentrating...

    Energy Savers [EERE]

    Dedicates World's Largest Concentrating Solar Power Project Energy Secretary Moniz Dedicates World's Largest Concentrating Solar Power Project February 13, 2014 - 5:00am Addthis...

  15. The virtual oil company

    SciTech Connect (OSTI)

    Garibaldi, C.A.; Haney, R.M.; Ross, C.E. [Arthur D Little, Houston, TX (United States)

    1995-09-01

    In anticipation of continuing declines in upstream activity levels over the next 15 years, the virtual oil company model articulates a vision of fewer, leaner, but financially stronger firms that concentrate only on their core competencies and outsource the rest through well-structured partnering arrangements. Freed from the ``clutter,`` these leading companies will be in better position to focus on those opportunities that offer the potential for renewed reserve and revenue growth.

  16. 11World-Leading Research with Real-World Impact! Group-Centric Secure Information Sharing

    E-Print Network [OSTI]

    Sandhu, Ravi

    11World-Leading Research with Real-World Impact! Group-Centric Secure Information Sharing client © Ravi Sandhu World-Leading Research with Real-World Impact! Goal: Share but protect Policy-Centric Collaboration © Ravi Sandhu World-Leading Research with Real-World Impact! Collaboration Group Individual

  17. PHYSICAL REVIEW E 84, 046112 (2011) Financial factor influence on scaling and memory of trading volume in stock market

    E-Print Network [OSTI]

    Stanley, H. Eugene

    2011-01-01

    of price returns [31­33] for different stock markets have been widely studied. It should be noted October 2011) We study the daily trading volume volatility of 17 197 stocks in the US stock markets during price and trading volume have been studied for decades as a prerequisite to developing effective

  18. Brane-world Quantum Gravity

    E-Print Network [OSTI]

    M. D. Maia; Nildsen Silva; M. C. B. Fernandes

    2007-04-10

    The Arnowitt-Deser-Misner canonical formulation of general relativity is extended to the covariant brane-world theory in arbitrary dimensions. The exclusive probing of the extra dimensions makes a substantial difference, allowing for the construction of a non-constrained canonical theory. The quantum states of the brane-world geometry are defined by the Tomonaga-Schwinger equation, whose integrability conditions are determined by the classical perturbations of submanifolds contained in the Nash's differentiable embedding theorem. In principle, quantum brane-world theory can be tested by current experiments in astrophysics and by near future laboratory experiments at Tev energy. The implications to the black-hole information loss problem, to the accelerating cosmology, and to a quantum mathematical theory of four-sub manifolds are briefly commented.

  19. Scaling impacts on environmental controls and spatial heterogeneity of soil organic carbon stocks

    DOE Public Access Gateway for Energy & Science Beta (PAGES Beta)

    Mishra, U.; Riley, W. J.

    2015-07-02

    The spatial heterogeneity of land surfaces affects energy, moisture, and greenhouse gas exchanges with the atmosphere. However, representing the heterogeneity of terrestrial hydrological and biogeochemical processes in Earth system models (ESMs) remains a critical scientific challenge. We report the impact of spatial scaling on environmental controls, spatial structure, and statistical properties of soil organic carbon (SOC) stocks across the US state of Alaska. We used soil profile observations and environmental factors such as topography, climate, land cover types, and surficial geology to predict the SOC stocks at a 50 m spatial scale. These spatially heterogeneous estimates provide a data setmore »with reasonable fidelity to the observations at a sufficiently high resolution to examine the environmental controls on the spatial structure of SOC stocks. We upscaled both the predicted SOC stocks and environmental variables from finer to coarser spatial scales (s = 100, 200, and 500 m and 1, 2, 5, and 10 km) and generated various statistical properties of SOC stock estimates. We found different environmental factors to be statistically significant predictors at different spatial scales. Only elevation, temperature, potential evapotranspiration, and scrub land cover types were significant predictors at all scales. The strengths of control (the median value of geographically weighted regression coefficients) of these four environmental variables on SOC stocks decreased with increasing scale and were accurately represented using mathematical functions (R2 = 0.83–0.97). The spatial structure of SOC stocks across Alaska changed with spatial scale. Although the variance (sill) and unstructured variability (nugget) of the calculated variograms of SOC stocks decreased exponentially with scale, the correlation length (range) remained relatively constant across scale. The variance of predicted SOC stocks decreased with spatial scale over the range of 50 m to ~ 500 m, and remained constant beyond this scale. The fitted exponential function accounted for 98 % of variability in the variance of SOC stocks. We found moderately accurate linear relationships between mean and higher-order moments of predicted SOC stocks (R2 ? 0.55–0.63). Current ESMs operate at coarse spatial scales (50–100 km), and are therefore unable to represent environmental controllers and spatial heterogeneity of high-latitude SOC stocks consistent with observations. We conclude that improved understanding of the scaling behavior of environmental controls and statistical properties of SOC stocks could improve ESM land model benchmarking and perhaps allow representation of spatial heterogeneity of biogeochemistry at scales finer than those currently resolved by ESMs.« less

  20. Scaling impacts on environmental controls and spatial heterogeneity of soil organic carbon stocks

    DOE Public Access Gateway for Energy & Science Beta (PAGES Beta)

    Mishra, U.; Riley, W. J.

    2015-01-27

    The spatial heterogeneity of land surfaces affects energy, moisture, and greenhouse gas exchanges with the atmosphere. However, representing heterogeneity of terrestrial hydrological and biogeochemical processes in earth system models (ESMs) remains a critical scientific challenge. We report the impact of spatial scaling on environmental controls, spatial structure, and statistical properties of soil organic carbon (SOC) stocks across the US state of Alaska. We used soil profile observations and environmental factors such as topography, climate, land cover types, and surficial geology to predict the SOC stocks at a 50 m spatial scale. These spatially heterogeneous estimates provide a dataset with reasonablemore »fidelity to the observations at a sufficiently high resolution to examine the environmental controls on the spatial structure of SOC stocks. We upscaled both the predicted SOC stocks and environmental variables from finer to coarser spatial scales (s = 100, 200, 500 m, 1, 2, 5, 10 km) and generated various statistical properties of SOC stock estimates. We found different environmental factors to be statistically significant predictors at different spatial scales. Only elevation, temperature, potential evapotranspiration, and scrub land cover types were significant predictors at all scales. The strengths of control (the median value of geographically weighted regression coefficients) of these four environmental variables on SOC stocks decreased with increasing scale and were accurately represented using mathematical functions (R2 = 0.83–0.97). The spatial structure of SOC stocks across Alaska changed with spatial scale. Although the variance (sill) and unstructured variability (nugget) of the calculated variograms of SOC stocks decreased exponentially with scale, the correlation length (range) remained relatively constant across scale. The variance of predicted SOC stocks decreased with spatial scale over the range of 50 to ~ 500 m, and remained constant beyond this scale. The fitted exponential function accounted for 98% of variability in the variance of SOC stocks. We found moderately-accurate linear relationships between mean and higher-order moments of predicted SOC stocks (R2 ~ 0.55–0.63). Current ESMs operate at coarse spatial scales (50–100 km), and are therefore unable to represent environmental controllers and spatial heterogeneity of high-latitude SOC stocks consistent with observations. We conclude that improved understanding of the scaling behavior of environmental controls and statistical properties of SOC stocks can improve ESM land model benchmarking and perhaps allow representation of spatial heterogeneity of biogeochemistry at scales finer than those currently resolved by ESMs.« less