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petroleum

Unlicensed Tugboat Operator Causes Oil Tanker Collision

When we think of environmental disasters involving petroleum, we often transfer the blame from bad transportation operations to the oil production itself. Prepare for another “oil is bad” media onslaught because of the tugboat named Mel Oliver.

I’m glad nobody was hurt. UPI reports:

NEW ORLEANS, July 24 (UPI) — A catastrophic oil spill resulting from a tanker collision stretched about 100 miles from New Orleans to the mouth of the Mississippi River, officials say.

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The oil spill occurred early Wednesday when a 600-foot Liberian tanker collided with a barge carrying 400,000 gallons of thick, marine oil. The barge was split in half, sending nearly all of its contents into the river. The barge reportedly was being pulled by the tugboat Mel Oliver, which had no appropriately licensed personnel on board at the time of the incident, the newspaper said. (emphasis mine)

I see a lawsuit in the making. Let’s hope it stays with the tugging company.

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Cheap Gas on My Birthday

$5.97 for 30 gallons of gasoline

$5.97 for 30 gallons of gasoline

In addition to a bunch of things I needed to get done today, I was able to employ our accumulated Giant Eagle fuelperks!(R) on our gasoline. I don’t think one can normally get gasoline this cheaply, even in Houston.

It’s a little funny how a program like fuelperks!(R) can drive the purchase of red California-approved plastic fuel cans — produced with petroleum, by the way. ;)

Can you beat 20 cents a gallon?

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Beisel: Service Doesn’t Announce Itself

Pr. Beisel hits me between the eyes:

His point in telling me this story was that service doesn’t announce itself. True service, done out of love should not be done expecting accolades and commendations from the recipient. It is quiet, it is humble, it is often unseen, unappreciated, unnoticed. This is true of much of what our wives do each day. They do so much without anyone ever noticing, but if she didn’t do it, it would be noticed!

How many comedy routines have the husband announcing to his wife, “Hey! I took out the trash!” I am convicted.

Let’s expand the thought. We are demanded to produce results increasingly in church. The service that doesn’t announce itself is shunned for visible, hey-look-at-me service in the name of church growth accountability. Would Martha have made a decent Church Growth-er?

We talk about doing evangelism more than do evangelism. We need to look around us and see what God has given us to do, rather than create work with the intention of getting noticed.

Great post, Pastor Beisel.

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Black Gold Fracs First Well

Wednesday night’s Black Gold episode featured a fracture job on one of the wells. Unfortunately they used Cudd and not Halliburton, but they had a good, quick description of fracturing.

Black Gold LogoThe zone they fractured was 200 ft high at 60 bpm. I’ve seen plenty of those types of jobs. They threatened to run out of sand and keep pumping. The risk is that there would not be sand near the well, and the fracture would close and plug the well. Apparently this gamble paid off, for the well flowed oil after the job.

The job cost about $500,000, a little higher than they went for nine years ago. :)

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Mexico’s Production Continues to Drop

Mexico’s petroleum is owned and produced by the state, rather than private companies like American oil. Because of this, it can’t react to changing conditions such as a one-third drop in production as reported by the Financial Times.

Many opposition leaders argue the problems stem mainly from the government’s rising dependence on oil income, which has starved Pemex of cash it could use for exploration.

But the government maintains the vast bulk of the country’s reserves lie in deep waters and require technology and knowhow to develop that Pemex does not possess.

I don’t know what it takes to pass an amendment to the Mexican Constitution, which currently prevents petroleum privatization. The sooner they figure it out, the better. Until then we need to make up the difference with our own supplies.

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You Speculate Too, You Evil Person!

There is one gas station near my highway exit that seems to govern the price of all three gas stations. When consumers see it jack prices up in the morning, they have until lunch time to get gas at the other two stations before their prices go up.

Why the other two gas stations merely follow the one gas station’s lead instead of remaining low to undercut remains a mystery, but let’s examine the behavior: given one piece of information, consumers rush to the lower price gas stations because they know the price will go up. Failure to do so would cost the consumer money when they are forced to fill up at the higher price. They in fact are speculating.

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