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Oil And Gas Companies Are Being Watched By a New Methane-Tracking Satellite
Gizmodo ^ | 3/8/2024 | Passant Rabie

Posted on 03/12/2024 2:32:32 AM PDT by Recovering_Democrat

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To: griswold3

Methane makes up 0.00017% of the atmosphere. Is that really a problem?


21 posted on 03/12/2024 5:11:03 AM PDT by carcraft (Pray for our Country.)
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To: Candor7
I wonder how the herds of Buffalo and Cattle out West will appear on the satellite monitor....producing more methane than any oil and gas wells.

The brightest blip will be when Stacey Abrams relaxes after her bi-hourly visit to the buffet bar.

22 posted on 03/12/2024 5:15:45 AM PDT by Tell It Right (1st Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
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To: Recovering_Democrat
So the government alleges that it has the authority to tax a specific emission from only a specific taxpayer - but not apply the tax on the same specific emission from all other taxpayers.

23 posted on 03/12/2024 5:24:26 AM PDT by linMcHlp
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To: carcraft
Methane makes up 0.00017% of the atmosphere. Is that really a problem?

You speak logic. That's not a language the left's cult followers understand. They can sheepishly support banning natural gas today even if it's just a few years after they called on the gubment to force power companies to switch from coal to "clean burning natural gas".

Bull crap like that is why I looked at ways to make my home more energy efficient (honestly what I should have done long ago). I also looked into producing most of the energy we consume (with solar). I wish I could produce my own natural gas or coal or gasoline. But I can't. Don't be surprised if in the near future more conservatives and libertarians living in the south (good area for decentralized solar) are doing like I'm doing. It's why we also have an EV as the car we usually drive (not worth going that far like I did unless you also drive a lot of miles like we do -- 26K miles per year with 16K of them charged at home).

Solar isn't my preferred energy source, but it's the one I can harness directly without having to buy it through the over-regulated energy market and provide 80% of the power my all-electric house consumes (again, think good for the south but not north). EV's aren't my preferred cars of choice, but it's the only type of car I can drive that utilizes the only energy I can produce (at least for local driving and the first 200 miles of long trips). It's a good feeling to not worry about the Dims messing up power rates or natural gas rates or gasoline rates in a way that messes up my retirement financial planning (like I'm sure they'll do after the election unless Trump wins).

24 posted on 03/12/2024 5:30:48 AM PDT by Tell It Right (1st Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
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To: Candor7

“”I wonder how the herds of Buffalo and Cattle out West will appear on the satellite monitor....producing more methane than any oil and gas wells.””

I’ve got 72 wells here in West Texas that I operate, combined they produce 1400 to 1700 MCF per day. Unless there’s a flow line leak zero methane is released to the atmosphere on my side. From my meters it goes into a gathering line and off to to be refined. Again zero methane is released to the atmosphere Once at the refinery the liquids are pulled off it goes to the end users. Again no methane released. At the end user it’s burned as energy. Again no methane released. Once burned the end result is CO2 and water. Barring a leak, you can produce a million MCF per day, ship it, refine it, ship it again and burn it and never release any to the atmosphere. In Oil and Gas, methane is money and we don’t like losing money.

Methane is released to the atmosphere daily, it’s release comes from our soil, and our waters naturally through decomposition. Earth is a Methane producing machine.


25 posted on 03/12/2024 5:54:29 AM PDT by Dusty Road (")
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To: Recovering_Democrat

Hawaii has six active volcanoes, park one of those satellites over that and get back to us on how much American cars pollute in one year vs one day of those volcanoes.


26 posted on 03/12/2024 6:00:56 AM PDT by Jolla
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To: Recovering_Democrat

Global Warming is the biggest fraud in history.


27 posted on 03/12/2024 6:20:11 AM PDT by bray (You can tell who the Commies fear.)
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To: Tell It Right

I have a friend who is an engineer for a power company. We discuss solar energy vs on the grid. Solar energy, at this point, is not cost effective. My friend was responsible for integrating two large solar farms into the power grid. If you want it fine but you won’t recoup your costs.


28 posted on 03/12/2024 6:48:21 AM PDT by carcraft (Pray for our Country.)
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To: Recovering_Democrat

Biggest offender:

Amazon rain forest.


29 posted on 03/12/2024 6:50:43 AM PDT by Uncle Miltie (Objective: Permanently break the will of the population to ever wage war again.)
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To: Uncle Miltie

Amazon floodplain trees emit as much methane as all Earth’s oceans combined

https://www.sciencedaily.com/releases/2017/12/171205142636.htm


30 posted on 03/12/2024 6:51:55 AM PDT by Uncle Miltie (Objective: Permanently break the will of the population to ever wage war again.)
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To: carcraft
I have a friend who is an engineer for a power company. We discuss solar energy vs on the grid. Solar energy, at this point, is not cost effective. My friend was responsible for integrating two large solar farms into the power grid. If you want it fine but you won’t recoup your costs.

Your friend and I would probably agree on a lot. Especially if he has as much disdain as I do about making the grid depend on solar farms. The grid should be based on dependable power.

Another thing we'd agree on is, as you put it, "We discuss solar energy vs on the grid", assuming I'm interpreting what you mean by that. In virtually every scenario it'd be cost prohibitive to make a comfortable home be completely solar powered (go off-grid). My goal is not to be so energy independent that I'm off-grid. My goal is to win most of the battle on energy costs by producing most (not all) of the power we need. In other words, finding the sweet spot between taking advantage of the economies of scale, but not try to fight the law of diminishing returns.

As far as not recouping costs....it depends...on a lot. You have to do your homework, lots of it, to make sure it's good for you. And then you have to do more homework on how to tweak it to make it even more beneficial without trying to go too far and it be a money drain with little return on investment. I'm a software engineer with more experience on the back-end data side than the front-end. I'll never claim to know as much about power as an electrical engineer, nor as much about any other field of study as a (whatever)-engineer (except IT, obviously). But I am good at looking at the real-world numbers for whatever client/functional user I work for in whatever industry I work for. I used those skills to give my family's finances some protection from the warmageddon cult Democrats' stupid energy polices and their attempts to use energy price increases to slowly control us more and more (like slow boiling a frog).

My personal energy project as it's been running for the past year and a half (when I upgraded it after studying the original for a year and a half) looks at paying for itself 8 years from now (10 years after the upgrade). That includes the cost of solar (parts and labor), the cost of doing other energy projects to the house (mainly replacing my old AC and nat gas furnace with a variable speed heat pump and var speed air handler and electric heat strips, and replacing nat gas water heater with a hybrid water heater), and the cost of getting an EV (vs getting another ICE car since it was time to replace my wife's old ICE car anyway). That also includes putting the tax credits into paying down the HELOC. I hate the tax credits, but it is what it is so it's part of the math.

This 10 year pay back projection assumes only a reasonable 3% inflation rate in the energy costs I avoid (obviously if the Dims spike energy costs past that then my payback time is sooner). And it assumes a 1.2% degradation rate of my solar equipment (based on the solar panels having 25-year warranties guaranteed to still be operating at 70% in the final year, and my batteries having 19-year/50% warranties). It also assumes paying off the HELOC I took out with a fixed low interest rate, to pay most of the up front costs. (Basically I now pay a small power bill + HELOC payment, in place of sky high power bill + high natural gas bill + tons of money at the gasoline pump).

If I hadn't gone with the other energy improvements to my home and gotten an EV, (just did solar), the payback period I was projecting was about 12 years. This was after Phase I of the solar project had run for a while (before the solar upgrade and before the other energy improvements). This was when I was trying to decide if Phase II would be just the full solar upgrade I originally wanted (but experimenting with Phase I smaller system first to make sure it worked before spending more money on it in Phase II). At that point I decided to make Phase II include replacing my wife's ICE car not with another ICE car, but with an EV. Again, real world data on your own situation helps make wise decisions.

But again, you have to do tons of research on your own power consumption needs, the amount of sunlight that radiates in your area on average per day, how much that changes in the seasons, how much your power consumption changes across the seasons, etc. For example, for my Phase II upgrade I originally expected to triple my solar panel capacity and double my battery capacity. But studying the data my inverters tracked (in 5-minute candles) showed me the opposite -- I doubled my solar capacity and tripled my battery capacity. (Some of that extra was to handle the extra power consumption of charging an EV, but even that is not such a burden if you're home a lot in the day like my retired wife and my quasi-retired-working-from-home self is.) That was also the point in time that I confirmed that it was unfeasible to try to be 100% energy independent. 80% energy self-reliant is the sweet spot for us (invest enough to take advantage of economies of scale to increase your ROI, but not so much that you're fighting the law of diminishing returns and lowering your ROI).

And to add a little pessimism in my predictions, in none of the payback calculation do I figure out how much I'm gaining in my Roth IRA's by not having to pay sky high energy prices. Thus, by keeping more money in my Roth IRA's (by not having to pay high energy bills and price at the pump) our investments grow more than just the sum of the energy costs I avoid. But again, I don't track that. I just keep it in the back of my mind as the main reason I did this project anyway (protecting our retirement financial planning from the Dims' energy policies).

I do have to make a HELOC payment (because of the solar project), but it's predictable. I know how much it'll be next year and the year after -- unlike the energy costs I'm mostly avoiding. And the HELOC's minimum payment is always based on the balance, which is payed down. In other words, next year's HELOC payments will be lower than this years (unlike probably the energy prices). And the year after that my cost of saving on energy (the HELOC payment) will be even lower, while the energy costs I avoid will be higher (saving more money next year). Thus next year's ROI will increase (cost me less next year to save more next year). And more ROI the year after that. And the year after that. Obviously, this increase in ROI each year is not linear (i.e. Brandon lowered the price of gas during an election year, and Trump may win to lower energy for 4 years). But it is an overall increase across years. And in my budget my energy costs (including the HELOC) feels like it's year 2019 (what I was paying for energy back then before solar and EV and when Trump was in office, but before covid messed up energy prices, so I don't like using 2020 as a standard). Next year, if my power bill goes down a little more (again if Trump lowers energy costs), I'll put the difference into paying down the HELOC more (again keeping the energy portion of my budget like it's still year 2019 so I don't "feel" in my budget the changes in energy costs). When the HELOC is paid off I'll keep making my energy budget feel like it's year 2019 by putting the excess into an investment account. That'll pay for future solar/EV repairs and replacements (i.e. replacing the EV's battery at about the 10-year anniversary of owning it, replacing or repairing my hybrid water heater, etc.)

31 posted on 03/12/2024 8:28:07 AM PDT by Tell It Right (1st Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
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To: Hillarys Gate Cult

Sounds like it’s time to test out some ASATs.🤔


32 posted on 03/12/2024 11:07:52 AM PDT by BiteYourSelf ( Earth first, we'll strip mine the other planets later.)
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To: Tell It Right

Buahahahahahahahahaha!

They could supply half of Europe with her emissions alone!


33 posted on 03/12/2024 11:44:23 AM PDT by Candor7 (Ask not for whom Trump Trolls,He htrolls for thee!),<img src="" width=300</img><a href="">tag</a>)
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To: Dusty Road

You have a tight operation. I bet most Americans do who are in the business.

We needto orgaize ti fight these asshats...imagine the EPA visiting your operations with false pollution data from their satellite monitoring.

This is only the beginning..The fascists are going to try and shut oil and gas producers down. To do so they will fake the data.


34 posted on 03/12/2024 11:48:36 AM PDT by Candor7 (Ask not for whom Trump Trolls,He htrolls for thee!),<img src="" width=300</img><a href="">tag</a>)
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To: Tell It Right

Thank you for the considerate reply. I think a lot of cost/benefit depends on doing your homework which you have done. My friend’s consensus is the only reason solar works is there is other stable production supplying when solar variation in solar production is on the down swing. It is easy to scale alternate energy for small operations, like homes. For production for cites etc it is much more difficult.


35 posted on 03/12/2024 12:16:57 PM PDT by carcraft (Pray for our Country.)
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