Chuck DeVore on Obama’s hypocrisy on offshore drilling
January 7th, 2011 at 02:37pm Under Oil price
->
By Oilism.com 7 comments
Crude Oil October 2011 Future |
Heating Oil October 2011 Future |
Natural Gas October 2011 Future |
|
|
|
|
January 7th, 2011 at 02:37pm Under Oil price
->
By Oilism.com 7 comments
January 7th, 2011 at 02:37pm Under Oil price
Invest in oil and gas
Article by Elle Wood
Investing in Oil and Gas Ventures can provide any investor with a large window of opportunity. Today’s investor can choose among numerous projects that offer very high financial rewards, and an investment in oil and gas is definitely one of them. You can expect Return of Capital in 6 to 12 months with greater than average Annual Rate of Return. Risk inherent in an average well is less risky than what it was10 years ago with the probability of success to be better than 90%, however, available projects would be economically attractive if oil prices would fall 50%. There are various advantages associated with drilling. In the United States, Congress has instituted tax incentives to promote domestic natural gas and oil production financed by private resources making involvement in oil and gas ventures to be a considerable tax advantage. The availability of Small drilling prospects is better than ever. Since Oil companies are not as anxious to renew expired leases making lease costs low. Long-range projections of price forecasts are up and since Rig activity is lowest in 50 years, drilling costs are low. In addition, recent advances in oil finding technology has improved recovery and reduced risk with some companies reporting 85% success on wildcat wells. Natural gas is now one of the most deregulated commodities. Since traditional sources of drilling money are no longer available, it is considered a bonanza for independent investors. One of the simplest way to bet on the price of oil is by investing in shares of USO (the U.S. Oil Fund) which is an asset created to track the price of oil. Investors can buy it like a stock. A handful of exchange-traded funds (ETFs) relating to oil are available as well such as OIH, IXC, IYE, XLE, and VDE. Some people prefer to invest in ETFs rather than mutual fund because the cost of ownership is lower, and you can buy and sell them any time through the day. If you are wary of the market, discuss your options with a true Oil and Gas Operator. Discover your possibilities, and weigh the advantages of becoming a true Oil and Gas investor.
By Oilism.com Add comment
January 7th, 2011 at 12:38pm Under Oil Spills
Oil Spill dispersants – A Boon or a Bane!
Article by oilmbs
The moment we come across an oil spill, one remedy that strikes our mind is the use of oil spill dispersants. Though we’re aware that these dispersants can help contain an oil spill, most of us don’t know its exact working mechanism. We don’t even know if they are a boon or bane. If you have the same doubts in your mind, then read on!Pros: Here are some advantages of using oil spill dispersants* Oil spill dispersants change the chemical and physical properties of oil so that it mixes better with water. * Oil spill dispersants when used efficiently can prove to be a effective method of oil spill containment. Cons: Though using dispersants may seem like a fair idea, it has several drawbacks* First and foremost, once dispersants break down oil in the deep water, the oil gets to the top surface, which is then contained using booms. But, what makes their use not advisable is the fact that they cannot be used near the shore. If used, they might be even toxic than the oil itself. For instance, Corexit, the dispersant being used in the containment of the recent Gulf oil spill is a kerosene-based dispersant and can be considered hazardous. Also, EPA recommends the use of this dispersant only at depths of 75 meters or deeper* Dispersants can be effective only when used within 1 or 2 days after an oil spill, after which natural weathering makes the oil more complex to disperse. * Dispersed oil also stands the risk of entering the food chain as there are chances of the oil being consumed by planktons. * Viscous oil cannot be dispersed effectively using chemical dispersants since the oil may run off into the water even before the solvents can penetrate. Since chemical oil spill dispersants’ cons overweigh pros, you can think of using eco-friendly cleaners, such as Oil Gone Easy S-200, which works using bioremediation technique, to cleanup oil spills.
By Oilism.com Add comment
January 7th, 2011 at 10:37am Under Oil price
By Oilism.com 25 comments
January 7th, 2011 at 08:38am Under Oil price
oil jobs, oil and gas jobs
Article by oiljobcentre.com
Oil jobs if you’re looking for a new oil Job or need to enter the industry, an excellent spot to start is oiljobcentre.com here you’ll find thousands of oil and gas industry vacancies. This super internet site is dedicated to oil job hunters and recruiters from all over the world, everything is positively free! Oil and gas Job vacancies can be searched across regions which include Africa, East Asia, Australasia, Canada, Central America, Central Asia, Europe, former Soviet union, Middle East, South America, US, UK. A., Spain, Sudan, Switzerland, Sweden, Trinidad, Turkmenistan, Ukraine, U. A. E. Oil Jobs also has a lively forum here you’ll find many interesting sections including the oil employees notice board – where you’ll find anything from apartments to rent in Houston, a jeep for sale in Aberdeen, moving to Lagos Nigeria tips, golf course suggestions in Dubai, nightlife recommendations in Kazakhstan,. This forum is great for ex-pats working within the oil and gas industry abroad and similarly is also good for neighbors. Also you will find the oil and gas Job category forums which include alternative energy, contracts and buying, drilling and well engineering, engineering, geosciences, HSSE, legal, Marine/diving/ROV, production, quality/inspection/assurance, sales/marketing, terminal/refinery/distribution, trading, this forum is excellent for oil industry execs to talk about all sides of their job with associates from other oil and companies and countries. At the oil Job Centre you will also find the most recent oil and gas industry news, this is constantly updated during the day and stories comes in from all four corners of the world, you can also subscribe to the monthly oiljobcentre.com newsletter which contains all the months most crucial oil and gas industry stories into one easy-to-read newsletter. alert certain jobs within the oil industry can be unsafe and threatening, you are advised to analyze meticulously, be certain you get the necessary and required health safety security and environment coaching, you must think and live safety at all times while working in the oil industry! Oil Job centre also has an extensive education and training section, here you’ll find info on coaching, institutes, schools, colleges, courses. Oil Job centre also has a salary checker where you can instantly check on the going day rates and salaries for your chosen oil industry profession, this is consistently updated and is one of the most complete and up-to-date free pay scale resources available on the world wide web today. Oil Job centre also has lively blog where you can read opinions about the oil in gas industry job sector and post comments. Oil Job centre also has an amazing oil and gas online book shop where you’ll find many titles. Oil Job centre also hosts oil television where you will find thousands of oil industry videos, in fact biggest depositary of oil and gas industry videos on the World Wide Web! .
By Oilism.com Add comment
January 7th, 2011 at 06:39am Under Oil Spills
Spill Equipment Having an Effect on BP Oil Spill
Article by John Moore
With oil from the BP oil spill, which resulted from the Deepwater Horizon disaster in April, already coming onshore and ruining beaches along the Gulf of Mexico companies are scrambling to use spill equipment to help save the beaches. Some are having some success using absorbent booms, which are lined up for miles on the coastline absorbing the oil as the tide moves it toward shore. HESCO® Concertainer® basket units are also being used as a weapon against the BP oil spill. These are defensive structures that have been used in the past to protect beaches against storms, floods and even the U.S. military uses them in combat situations. Their accordion design allows for easy positioning and they can be put together quickly, within as little as 20 minutes in most cases. They also have a stable core with a pyramid design of three rows and be concealed easily with a layer of sand placed on top of it with a high-powered sand blower. The units can be equivalent to 1,500 sandbags, which take about 10 people and seven hours minimum to install. That runs up the cost of labor and more time, which is precious in the oil spill clean up effort. Also, adding Enviro-Armour™ to the units will make them even more effective. Enviro-Armour is a polymer agent that will transform the oil into a floating solid. This makes it easier to clean up and it can even be reused as a raw material such as:
By Oilism.com Add comment
January 7th, 2011 at 04:39am Under Oil Spills
Oil Spill Response and Reporting for Boaters – A Practical Necessity!
Article by oilmbs
By Oilism.com Add comment
January 7th, 2011 at 02:37am Under Oil Spills
Oil Spills Clean Up Going Better with HESCO® Units
Article by John Moore
The sight of oil coming up on shores along the Gulf of Mexico is sad indeed. The oil from BP’s Deepwater Horizon well has already showed up in some places and is destroying wildlife as well as causing businesses owners to lose out because tourists are staying away in droves. However, the clean up effort is being made a bit easier thanks to some new inventions. HESCO® Concertainer® Units are one thing that have helped in the oil spills clean up. They have been used before for flood protection, helping to stave off beach erosion and even the U.S. military places their confidence in them and uses them for combat situation. They are made with geotextiles and have a welded mesh framework. Once joined together, they can become a wall that protects beaches from hydrocarbon spills such as with the BP oil spill. Fill them with materials like sand, crushed rock or earth and they are solid units that will prevent beaches from being saturated with oil. Also, agents like Enviro Armour⢠can be added to the units and then any oil that comes near them with be turned into a solid upon contact.
By Oilism.com Add comment
January 7th, 2011 at 12:38am Under Oil Spills
Good Oil Spill Clean Up Companies Take Charge When it Counts
Article by John Moore
By Oilism.com Add comment
January 6th, 2011 at 10:41pm Under Oil price
By Oilism.com 14 comments