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First cargo of Pearl Gas-To-Liquids products ship from Qatar ("Peak Oil" is economic nonsense news)
Oil & Gas Journal ^ | Jun 14, 2011 | OGJ editors

Posted on 06/15/2011 7:01:26 AM PDT by theBuckwheat

HOUSTON, June 14 -- Royal Dutch Shell PLC and Qatar Petroleum reported the Pearl gas-to-liquids plant in Qatar’s Ras Laffan Industrial City sold its first commercial shipment of GTL gas oil.

The sale marked the start of production of GTL products from the plant. In coming months, production is to ramp up from the Pearl GTL project’s first train, and the second train is expected to start up before yearend. The plant is expected to reach full production capacity by mid-2012. It is the largest energy project ever launched in the Qatar, officials said.

Qatar's Minister of Energy and Industry Mohammed bin Saleh Al-Sada said the project will enhance diversification of North field gas utilization and will optimize Qatar's competitive position in world markets.

When fully operational, Pearl GTL is expected to produce 1.6 bcfd from North field, which will be processed to deliver an expected 120,000 b/d of condensate, LPG, and ethane, plus an expected 140,000 b/d GTL products using Shell's technological and project management capabilities....


TOPICS: Business/Economy
KEYWORDS: energy; naturalgas; peakoil
"Peak Oil" is sophistry. We do not burn crude oil in our vehicles, we burn a highly technical product made by converting hydrocarbons that come from the most economical source. At present it is crude oil, but as this project shows, could also come from natural gas. The only issue is the cost of the finished product at the pump. Now we have three sources for gasoline, diesel and Jet-A: crude oil, natural gas and coal. Why on earth would we want to burn something we can use for food when we can burn something that we cannot eat?

Lastly, we are almost literally awash in hydrocarbons that can be converted into usable fuels. So stop worrying!

1 posted on 06/15/2011 7:01:30 AM PDT by theBuckwheat
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To: thackney

Ping


2 posted on 06/15/2011 7:04:50 AM PDT by Army Air Corps (Four fried chickens and a coke)
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To: theBuckwheat

If this is the case then the powers that be are scamming us.

The question is why?


3 posted on 06/15/2011 7:08:04 AM PDT by Doofer
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To: theBuckwheat

“Lastly, we are almost literally awash in hydrocarbons that can be converted into usable fuels. So stop worrying!”

I hear you. I shake my head at times when going through the checklist of “problems” we have. Every one is entirely the result of, or greatly exacerbated by, fatuous, wrong, perverse leftwing or globalist policy. Our injuries and limitations are for the most part self inflicted.

Either we wise up or crash and burn. Either way, the clever people who brought us to this pass will be thin on the ground.


4 posted on 06/15/2011 7:09:20 AM PDT by Psalm 144 (Voodoo Republicans: Don't read their lips - watch their hands.)
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To: theBuckwheat

For many there has never been any doubt about what you say. The problem is a government determined to destroy this country as a prosperous, independent and free nation in order to usher in World Government run by Marxists. The non-use of our resources is planned, not overlooked. Clinton put much of our clean burning coal off limits, the Democrat Congress keeps ANWR off limits, Obama is for all practical purposes eliminating off shore drilling, the environmentalists demand such stringent rules as to increase the cost and scarcity of it all. That is the problem, not availability.

Also, I am happy for this new plant but we have had liquified natural gas for a long time. Back in the ‘70’s they were building gigantic tankers just for the shipment of LNG.


5 posted on 06/15/2011 7:12:24 AM PDT by Mind-numbed Robot (I retain the right to be inconsistent, contradictory and even flat-out wrong!)
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To: Psalm 144

And if we run low on conventional hydrocarbons, and after we use up all our hydrocarbon-rich sewage sludge, there are methane hydrates to mine.

Gas (Methane) Hydrates — A New Frontier

Methane trapped in marine sediments as a hydrate represents such an immense carbon reservoir that it must be considered a dominant factor in estimating unconventional energy resources; the role of methane as a ‘greenhouse’ gas also must be carefully assessed.
Dr. William Dillon,
U.S. Geological Survey

Gas hydrates occur abundantly in nature, both in Arctic regions and in marine sediments. Gas hydrate is a crystalline solid consisting of gas molecules, usually methane, each surrounded by a cage of water molecules. It looks very much like water ice. Methane hydrate is stable in ocean floor sediments at water depths greater than 300 meters, and where it occurs, it is known to cement loose sediments in a surface layer several hundred meters thick.

The worldwide amounts of carbon bound in gas hydrates is conservatively estimated to total twice the amount of carbon to be found in all known fossil fuels on Earth.

from:
http://marine.usgs.gov/fact-sheets/gas-hydrates/title.html


6 posted on 06/15/2011 7:12:49 AM PDT by theBuckwheat
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To: theBuckwheat

There’s another process possible, using thorium left over in coal fly sh to run reactors that provide heat to turn coal to syn fuel. Many choices coming.


7 posted on 06/15/2011 7:15:09 AM PDT by DaxtonBrown (HARRY: Money Mob & Influence (See my Expose on Reid on amazon.com written by me!))
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To: Doofer
the powers that be are scamming us

What scam are you talking about?

8 posted on 06/15/2011 7:16:46 AM PDT by thackney (life is fragile, handle with prayer)
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To: Doofer

“The question is why?”

Dominance. It is probably as simple as that - the orgasmic ecstasy of holding power over others, for the maimed personalities who think that way.

Think about what you see in the typical politician, or NGO apparat. Power lust, pure and simple.


9 posted on 06/15/2011 7:17:02 AM PDT by Psalm 144 (Voodoo Republicans: Don't read their lips - watch their hands.)
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To: theBuckwheat
Lastly, we are almost literally awash in hydrocarbons that can be converted into usable fuels. So stop worrying!

Well somebody had better hurry up and start producing because I'm tired of paying $3.40+ a gallon for gas.

10 posted on 06/15/2011 7:21:23 AM PDT by OB1kNOb (My new business is great! I make prayer rugs w/ bombs inside. Prophets are going thru the roof!)
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To: theBuckwheat
“Peak Oil” is a demoRat propaganda scare tactic to try to force corn ethanol and hydrogen fuel. We have more oil than they thought existed a few years ago in the whole world.
11 posted on 06/15/2011 7:27:06 AM PDT by mountainlion (A nation that forgets it's past has no future. WinstonChirchill)
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To: theBuckwheat

Always remember that the Democrat’s/liberal’s biggest fear is that there are/will be too many people on this planet. Starvation is an acceptable form of euthenasia for them, as long as it’s people they don’t have to see.


12 posted on 06/15/2011 7:41:38 AM PDT by blueunicorn6 ("A crack shot and a good dancer")
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To: Psalm 144

Amen Brother.


13 posted on 06/15/2011 8:05:18 AM PDT by Wildbill22
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To: theBuckwheat

The problem is not available supply or the necessary chemistry. It is the drive to totalitarian power that Peak Oil and AGW have lent such impetus to. The scientists, engineers and capitalists can keep this world humming but the politicians and leeches-with-power can and probably will abort it all.


14 posted on 06/15/2011 8:21:01 AM PDT by arthurus (Read Hazlitt's "Economics In One Lesson.")
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To: Doofer

Power.
Control.
Enslavement.
The Left, the idealists among them anyway, has a very feudal and royalist view of proper relationships of ruler to ruled. They are the ones who dream about Camelot and conservatives can get dreamy about Camelot, too, because they don’t understand the type of economy and society it is that sustains a Camelot. There is not room in it for anything between bare subsistence masses and opulent rulers.


15 posted on 06/15/2011 8:37:14 AM PDT by arthurus (Read Hazlitt's "Economics In One Lesson.")
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To: DaxtonBrown

Very soon there won’t be any leftover coal fly ash. The kenyan is aggressively shutting that industry down even now.


16 posted on 06/15/2011 8:38:45 AM PDT by arthurus (Read Hazlitt's "Economics In One Lesson.")
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