Examples of providers of such heavy oil are Russia (Urals), Canada (oil sands), and Venezuela (oil sands in Orinoco belt). The price for such heavy oil tends to lag behind the price for lighter crude oil because of the high cost of transporting and processing such oil. Strangely enough...
In addition, these vehicles are subject to efficiency improvements and changing consumer mobility habits. In contrast, demand for petrochemical feedstocks will continue to grow. The major oil-derived petrochemical feedstocks are ethane, liquid petroleum gas (LPG), and naphtha. These...
According to McKinsey’s Global Energy Perspective 2022, fossil fuels such as oil and natural gas will continue to make up a significant share of the energy mix by 2050, partly because of how they combine affordability and security of supply.1,” McKinsey, ...
Fracking is an inexpensive way to extract oil or natural gas that can't be reached through impermeable rock by conventional drilling. It requires injecting large volumes of water that can become contaminated and affect local soil and water supplies, however. It also releases large quantities of me...
Alternative investments, such as precious metals,derivatives, oil and gas leases, and other non-correlative assets, can also reduce the overall volatility of your portfolio. They can also help generate better returns during periods when traditional asset classes are idle. ...
Ozonation: Ozone gas (the same type found in the atmosphere), typically created by subjecting oxygen to electrical current, is an antimicrobial agent — it kills microorganisms. The water is infused with ozone (03) molecules as a disinfecting process, and the molecules naturally break down and ...
Replacing the gas range that had come with our house when we moved in 20 years ago, and which had become increasingly iffy about having two of its burners light, was an unquestionable part of finally getting the kitchen redone. Getting an induction range did not seem as obvious until some ...
it increased the tax on gas and used the money to create a new bus system. Today, almost 500,000 people use these buses every day. To reduce traffic, Bogotá also put more bike lanes around the city. Now, almost 350,000 people commute to school or work on their bicycles. On ...
a higher temperature than proton exchange membrane fuel cells, so it has a longer warm-up time. This makes it unsuitable for use in cars. Phosphoric-acid systems are likely to fall out of favor because they are less efficient than other fuel cells and require a toxic gas as their catalyst...