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Petrochemicals - US

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This working group focuses on issues surrounding the extraction, processing, and use of petrochemicals.

This working group focuses on issues surrounding the extraction, processing, and use of petrochemicals.

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mdmcdonald

Email address for group

petrochemicals-us@m.resiliencesystem.org

BP's Deepwater Horizon Bill Rises by $200m as Profits Fall

Deepwater Horizon disaster, 2010: BP's bill keeps rising. Photograph: Handout/Getty Images

Latest update on continuing costs of Macondo blowout comes as oil firm reports fall in quarterly and yearly profits

theguardian.com - by Terry Macalister - February 4, 2014

BP has been forced to set aside an extra $200m (£123m) for the Gulf of Mexico oil spill, bringing the bill so far to $42.7bn.

The final figure could be far higher, however, as the latest tally does not take account of additional provisions for economic loss claims from a further legal settlement BP has made, the group said. BP is also waiting for a final US court decision over whether it was considered grossly negligent for the Deepwater Horizon accident.

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How the U.S. Exports Global Warming

Illustration by Victor Juhasz

While Obama talks of putting America on the path to a clean, green future, we're flooding world markets with cheap, high carbon fuels

rollingstone.com - by Tim Dickinson - February 3, 2014

. . . America's oil and coal corporations are racing to position the country as the planet's dirty-energy dealer – supplying the developing world with cut-rate, high-polluting, climate-damaging fuels. Much like tobacco companies did in the 1990s – when new taxes, regulations and rising consumer awareness undercut domestic demand – Big Carbon is turning to lucrative new markets in booming Asian economies where regulations are looser. Worse, the White House has quietly championed this dirty-energy trade.

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Keystone: The Pipeline to Disaster

huffingtonpost.com - by Jeffrey Sachs - February 3, 2014

CLICK HERE - Final Supplemental Environmental Impact Statement for the Keystone XL Project - Executive Summary January 2014 (44 page .PDF report)

The new State Department Environmental Impact Statement for the Keystone Pipeline does three things. First, it signals a greater likelihood that the pipeline project will be approved later this year by the administration. Second, it vividly illustrates the depth of confusion of US climate change policy. Third, it self-portrays the US Government as a helpless bystander to climate calamity.

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Exxon Mobil Profit Tumbles As Energy Production Tapers

         

An Exxon gas station is pictured in Arlington, Virginia January 31, 2012.  Credit: Reuters/Jason Reed

reuters.com- by Ernest Scheyder - January 30, 2014

(Reuters) - Exxon Mobil Corp (XOM.N), the world's largest publicly traded oil company by market value, posted lower-than-expected quarterly profit on Thursday as it failed to offset declining production but spent heavily to find fresh reserves.

The problem of declining production at legacy oil and natural gas wells has become endemic for multinational energy groups, which have tried to offset the trend by launching massive and risky exploration projects.

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Oil Trains Spilled More Crude Last Year Than In The Previous 38 Years Combined

           

A fireball goes up at the site of an oil train derailment on Monday, Dec. 30, 2013, in Casselton, N.D. (AP Photo/Bruce Crummy) | ASSOCIATED PRESS

huffingtonpost.com - by James Gerken - January 22, 2014

A new analysis of government data shows that more oil was spilled from trains in the U.S. in 2013 than in every year between 1975 and 2012 combined. Railcars released more than 1.15 million gallons of crude oil last year, reports McClatchy's Curtis Tate, while only a combined 800,000 gallons were spilled in the previous 38 years.

The analysis used data from the Department of Transportation's Pipeline and Hazardous Materials Safety Administration and does not include the deadly July 6 train derailment in Lac-Mégantic, Quebec, that released an estimated 1.58 million gallons of oil and killed 47 people.

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Judge Rules Exxon Must Face Criminal Charges Over 50,000 Gallon Fracking Waste Spill

Image: Fracking opponents protest before the Tom Corbett inauguration to become the 46th governor of Pennsylvania at the state capitol in Harrisburg, Pa., Tuesday, Jan. 18, 2011. CREDIT: AP Photo/Matt Rourke

Image: Fracking opponents protest before the Tom Corbett inauguration to become the 46th governor of Pennsylvania at the state capitol in Harrisburg, Pa., Tuesday, Jan. 18, 2011. CREDIT: AP Photo/Matt Rourke

thinkprogress.org - January 3rd 2014 - Emily Atkin

Exxon Mobil Corp. subsidiary XTO Energy will have to face criminal charges for allegedly dumping tens of thousands of gallons of hydraulic fracturing waste at a Marcellus Shale drilling site in 2010, according to a Pennsylvania judge’s ruling on Thursday.

Following a preliminary hearing, Magisterial District Judge James G. Carn decided that all eight charges against Exxon — including violations of both the state Clean Streams Law and the Solid Waste Management Act — will be “held for court,” meaning there is enough evidence to take the fossil fuel giant to trial over felony offenses.

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Art Berman: Reflections on a Decade of Shale Gas

http://www.youtube.com/watch?v=DHkKa4Zj_94

Art Berman, Labyrinth Consulting Services, Houston, talks to HGS about his research into the economics of drilling and producing unconventional reservoirs in the United States. He discusses the Eagle Ford, Haynesville, Barnett and other shale gas plays. Berman presents graphs that show shale gas uneconomic to drill and produce at current gas prices. He says the public is mislead by energy company statements that gas reserves are large and that companies are making a profit from shale gas. The Houston Geological Society is not responsible for content or conclusions presented in this talk.

By: HGSGeoEducation

http://www.hgs.org/multimedia_Education

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EPA Report on Fracking in Texas Raises New Concerns

An inspector general's report says the EPA was justified in investigating claims of water contamination near a fracking site in Texas.

latimes.com - By Neela Banjeree - December 24, 2013

WASHINGTON — The Environmental Protection Agency was justified in intervening to examine possible risks of gas drilling to Texas drinking water, the agency's internal watchdog reported Tuesday.

But environmentalists say the report raises fresh concerns about the EPA's 2012 decision to halt its investigation into possible well-water contamination in Parker County, Texas.

The EPA inspector general's report is the latest analysis to spotlight the regulator's handling of high-profile cases of alleged drinking-water contamination near natural gas drilling sites.

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The U.S. Is A Gas-Guzzling Horror Show, In 1 Chart

Gas consumption chart, worldwide.Image: International gas consumption chart.

huffingtonpost.com - December 16th, 2013 - Maxwell Strachan

No country in the world knows how to fill 'er up quite like the good old U.S.A., not even the countries that keep gas prices well below market rates. If you need proof, take a look at this chart, via a new report on fuel subsidies by UC Berkeley Business Professor Lucas W. Davis.
The chart graphs gas consumption per person against the average price of a gallon of gas in 128 countries.

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Researchers Link Earthquakes In Texas To Fracking Process

      

CREDIT: SHUTTERSTOCK

thinkprogress.org - By Katie Valentine - December 6, 2013

Researchers at Southern Methodist University have linked a string of 2009 and 2010 earthquakes in Texas to the injection of fracking wastewater into the ground, according to a new study.

The researchers examined the group of more than 50 earthquakes that hit the area of Cleburne, Texas in 2009 and 2010, and found that they could have happened because of wastewater injection wells associated with fracking operations. Before 2008, the Fort Worth Basin of Texas had never experienced an earthquake.

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STUDY - Analysis of the Cleburne, Texas, Earthquake Sequence from June 2009 to June 2010

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