Hydrogen

2020 ◽  
pp. 403-446
Author(s):  
Paul F. Meier

In an effort to reduce the amount of crude oil used in the United States, a government program was started in 2002 to examine the use of hydrogen as a transportation fuel. In this application, hydrogen is used in a fuel cell vehicle to produce electricity. This allows a vehicle to enjoy the higher energy efficiency of a battery versus a gasoline-powered vehicle, while avoiding the frequent and long charging times needed for an electric vehicle. There are currently other applications for hydrogen in the United States and the world, primarily in refineries and the manufacture of ammonia. Unlike fossil fuels, such as coal, natural gas, and crude oil, there are no natural sources of hydrogen gas. There are several options for producing hydrogen, such as reforming natural gas or gasifying coal or biomass. Alternatively, a renewable energy source, such as wind or solar, could be used to produce hydrogen via water electrolysis.

Author(s):  
S. A. Zolina ◽  
I. A. Kopytin ◽  
O. B. Reznikova

In 2018 the United States surpassed Saudi Arabia and Russia to become the largest world oil producer. The article focuses on the mechanisms through which the American shale revolution increasingly impacts functioning of the world oil market. The authors show that this impact is translated to the world oil market mainly through the trade and price channels. Lifting the ban on crude oil exports in December 2015 allowed the United States to increase rapidly supply of crude oil to the world oil market, the country’s share in the world crude oil exports reached 4,4% in 2018 and continues to rise. The U.S. share in the world petroleum products exports, on which the American oil sector places the main stake, reached 18%. In parallel with increasing oil production the U.S. considerably shrank crude oil import that forced many oil exporters to reorient to other markets. Due to high elasticity of tight oil production to the oil price increases oil from the U.S. has started to constrain the world oil price from above. According to the majority of authoritative forecasts, oil production in the U.S. will continue to increase at least until 2025. Since 2017 the tendency to the increasing expansion of supermajors into American unconventional oil sector has become noticeable, what will contribute to further strengthening of the U.S. position in the world oil market and accelerate its restructuring.  


THE BULLETIN ◽  
2021 ◽  
Vol 3 (391) ◽  
pp. 122-127
Author(s):  
N.B. Shamuratova ◽  
Y.S. Baitilenova ◽  
A.N. Narenova ◽  
Zh.A. Nazikova ◽  
A.A. Kamerova

Biofuels are viewed as a possible fuel of the future. Concerning energy for cars there is intense “competition” stemming from electricity and rising in popularity due to modern research is also hydrogen. In general, biofuels are nowadays strongly supported in the European Union as well as in the United States of America and many other regions of the world. Active management in the oil and gas industry needs to take in account knowledge not only about fossil fuels but also various types of alternative fuels like biofuels. This thesis goal is to analyze the economics of producing Bio-Crude oil from a plant called Jatrophae curcadis, (or also known as “purging nut”). It is nowadays growing around subtropical regions of the North American continent, especially in Mexico, and southern Asia, and with lower yield can grow even in arid wastelands of Central Asia (in arid Mali it is grown to hold wildlife from plants). It is the very undemanding plant so the biofuel produced from it can be very cheap compared to other biofuels. The oil produced from this plant is not being traded on commodities markets yet but is viewed as biofuel of the future as currently sold soybean oil and palm oil are according to my analysis more expensive in many areas of the world. Production of the plant seeds (nuts) when pressed leads to bio-crude oil which can be processed to biocrude. Economic analysis showed that given irrigation and good genetic selection of the plants to give higher production of seeds (price of the kg would be determining factor), the biocrude produced from the seeds has the potential to successfully compete with alternative fuels made from soybean or palm oils.


Geophysics ◽  
1948 ◽  
Vol 13 (4) ◽  
pp. 529-534 ◽  
Author(s):  
E. A. Eckhardt

In 1947 the oil industry of the United States produced 2.011 billion barrels of crude oil and natural‐gas liquids. The same number of barrels of new oil must be discovered in one year if the industry is to maintain its reserves. This provides a measure of the exploration job to be done.


2014 ◽  
Vol 978 ◽  
pp. 157-160
Author(s):  
Rong Huo ◽  
Kai Bo Duan

With the furthering of China’s all round reform, there will be greater economic growth and more urgent demands for energy. And the achievements of shale gas exploration and development in the United States provide a lot of lessons for domestic gas and oil exploration and development [Figure. 1]. However, the introduction of the matured foreign exploration and development technologies also suffers a great challenge. This paper aims to analyzing the problems in the exploration and development in China’s typical exploration areas and the measures that have been taken. Also, it sums up the emerging technologies and methods in the world, hoping to boost the future exploration and development of shale gas in China in a certain way. Fig. 1 U.S. dry natural gas production ( drawn from EIA)


Energies ◽  
2020 ◽  
Vol 13 (17) ◽  
pp. 4479
Author(s):  
Soohyeon Kim ◽  
Surim Oh

The rise of shale resources in the United States is changing the petrochemical industries. Ethylene, the first building block of petrochemical products, is becoming the first target to be hit by the shale boom, and its shifting price dynamics needs to be explored. This study analyzes the transition of ethylene prices from crude oil to natural gas (vertical price dynamics) and investigates widening gaps among regional ethylene prices (horizontal price dynamics). To do this, we detect structural changes in cointegrating relationships and derive time-varying cointegration equations. In addition, for the long- and short-run dynamics, this study established and estimated an error correction model (ECM), with controlling, time-varying cointegrations. This study develops econometric studies by applying time-varying cointegration to nonenergy uses of fossil fuels. Thereby, our results discover that the feedstock structure of US ethylene is moving from crude oil to natural gas and that the comovement of US and Japanese prices is getting intensified.


Author(s):  
Mohammad Arif Khan ◽  
Yitung Chen ◽  
Robert Boehm ◽  
Sean Hsieh

A process analysis and simulation model has been developed in the framework of the process simulator ASPEN PLUSTM in order to produce solar thermo-chemical hydrogen. Hydrogen is an environmentally attractive transportation fuel that has the potential to replace fossil fuels. Chemical mass balance, conversion rate, operating temperature and pressure are comparatively assessed for a wide range of hydrogen production processes, including processes which are hydrocarbon based (methane cracking and steam methane reforming), non-hydrocarbon based (water electrolysis) and integrated process (combined hydrocarbon and non-hydrocarbon based processes). The process analysis and simulation also provide a quantitative tool for insight and understanding the process. The project collaborators among General Atomics, NREL, SNL, UCB and UNLV have done the selection screening from all available thermochemical processes. Then a process analysis and simulation model by using ASPEN PLUS has been built up with the help of detailed reactions, additional data, reactor dimensions, rate laws, parameter values and specific reaction rate and equilibrium constants to find an economically feasible and environmentally suitable process to generate pure hydrogen gas which can be used in fuel cell and automobiles.


2019 ◽  
Vol 38 (4) ◽  
pp. 252-253
Author(s):  
Soman Chacko ◽  
Satchidananda Rath ◽  
Pranab Sen ◽  
Subrata Kumar Das

India is currently the third-largest global consumer of petroleum products after the United States and China. The country produces approximately 720,000 barrels of crude oil and 3.16 billion ft3 of gas per day and imports more than 80% of its oil and 50% of its gas needs. This large discrepancy between domestic supply and consumption has been rising rapidly of late. With an economy growing at 6%–8% per year, India's energy demand growth over the next couple of decades is forecast to be among the highest in the world. To mitigate the heavy dependence on imported energy, India has stepped up efforts in recent years to increase domestic production of oil and gas.


2021 ◽  
Vol 33 (1) ◽  
pp. 57-67
Author(s):  
Shakil Ahmad ◽  

Introduction. The outbreak of the new coronavirus (COVID-19) crisis monopolizes these days the worldwide public agendas. The COVID-19 pandemic makes fear and uncertainty, defeat the world economy and swelling the financial markets instability. The coronavirus pandemic has led the global economy to slam the brakes, leading to an extremely sharp drop in demand for oil. It has created a massive oil glut and raised concerns about the lack of physical storage space for it. Materials and Methods. The autoregressive distributed lag (ARDL) model has been used for decades to study the correlation between variables using a single equation time series. The ARDL model is one of the most common dynamic unrestricted models in econometric literature. In this model, the dependent variable is expressed by the lag and current values of independent and its own lag value. This paper analyzed the effect of COVID-19 pandemic on the United States (US) Crude oil imports prices, using daily data for the period December 31, 2019 to March 21, 2020. Using the ADF test for stationary and bounds testing approach to cointegration, developed within an ARDL model. Results. Finding of the study showed that the total death, have significant consequence on the crude oil price, the adverse effect shows, if 1 percent increase in total death leads to decrease the crude oil -0.001 percent. The total cases are also negative effect the crude oil price, mean one percent increase in the COVID-19 which lead to decrease crude oil price -10.23. Discussion and Conclusion. The contuse increasing of COVID-19 pandemic generates shock waves on the crude oil markets, as well as in the real economy of US and also in the world. The deepness of the new economic recession will depend on the policy reaction to the coronavirus. This research paper analyzes how the COVID-19 total death and total cases effect the US crude oil price. The results of the study show that the world COVID-19 total death is significant impact on the crude oil price, if one percent increase in the total death in the world which lead decrees the crude oil price. The total cases of COVID-19 also have negative and significant effects the crude oil price.


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