Oil Slick Stuff

Antenna Heat Fuels Oil Sands Recovery Process
by Karen Boman
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Rigzone Staff


A new process that uses antenna heat to enhance oil sands recovery has been successfully tested by a consortium that includes Laricina Energy, Nexen, Suncor Energy, and Harris Corporation, with plans for a pilot project to be conducted next year.
Global communications and information technology company Harris Corp., which has been mostly focused on providing communications to a number of industries, including oil and gas, aerospace and defense, unveiled this new application of technology at the Global Petroleum Show in Calgary in June.
The electromagnetic heating technology was first evaluated and tested in Florida, then moved to Fort McMurray for the proof-of-concept field testing. The test took place at Suncor's Steepbank mine facility north of Fort McMurray.
[h=2]Technology Discovered by Accident[/h]Harris was working on a project for a horizontal directional drilling company when a drilling company consultant asked if the ground could be heated using some of Harris' antennas.
"We do it by accident all the time," said Travis Berrier, who works in business development for Harris.
The consultant suggested Harris talk to Canadian oil sand producers, including Laricina, Suncor and Nexen, who were seeking to enhance oil sands recovery while reducing greenhouse gas emissions and operating costs.
RIGZONE - Antenna Heat Fuels Oil Sands Recovery Process
 
Sometimes I wish we could go back to the late 70's and 80's before oil was speculated on the market. It would be nice to be paying between $1-$2 a gallon but it was the way gas prices went up. Around Thursday gas would go up maybe 3-7 cents a gallon and by Monday it was back down again. Yesterday driving to work (I still work part time at Best Buy) gas was $3.30/gallon. By 4pm gas jumped up to $3.59/gallon. It took almost 2 weeks for gas to fall to that $3.30 mark but less than 12 hours to jump 29 cents. This is BS.
 
Sometimes I wish we could go back to the late 70's and 80's before oil was speculated on the market. It would be nice to be paying between $1-$2 a gallon but it was the way gas prices went up. Around Thursday gas would go up maybe 3-7 cents a gallon and by Monday it was back down again. Yesterday driving to work (I still work part time at Best Buy) gas was $3.30/gallon. By 4pm gas jumped up to $3.59/gallon. It took almost 2 weeks for gas to fall to that $3.30 mark but less than 12 hours to jump 29 cents. This is BS.
Now you've got it!:toung:
 
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[TD="class: econo-reportname, colspan: 2"] EIA Petroleum Status Report
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Prior
Actual
Crude oil inventories (weekly change)
Gasoline (weekly change)
Distillates (weekly change)

[TD="class: econo-releaseinfo"]Released On 7/18/2012 10:30:00 AM For wk7/13, 2012
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[TD="class: actual_consensus_box_numbers"]-4.7 M barrels
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[TD="class: actual_consensus_box_numbers"] -0.8 M barrels
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[TD="class: actual_consensus_box_numbers"]2.8 M barrels
[/TD]
[TD="class: actual_consensus_box_numbers"] -1.8 M barrels
[/TD]

[TD="class: actual_consensus_box_numbers"]3.1 M barrels
[/TD]
[TD="class: actual_consensus_box_numbers"] 2.6 M barrels
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Economic Calendar - Bloomberg
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The goal?
The goal is to convince you that there is no other alternative and extract as money as possible from your wallet. All in the name of shareholder value, of course.
 
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