Energy history facts

From ancient times people use various energy sources. Geothermal energy were used for springs and heating, hydro and wind energy were used for mills, sailing, water pumps and other mechanical devices, solar energy was used for heating, biomass and coal were used for heating, illumination, cooking, and so on.  For example, nearly 2000 years ago the Greeks used water wheels to grind wheat into

Read more »

Fossil fuels receive more subsidies than renewables

The fossil fuel lobbies like to point to the fact that renewable energy sources are being heavily subsidized. Though this has been pretty much true in the last decade or so, global fossil fuel subsidies still get most of the money, with estimates from the WorldWatch institute being at between $775 billion and more than $1 trillion in 2012, compared to just $66 billion for renewable energy

Read more »

Oil spill facts

An oil spill is an unintentional release of crude oil or refined oil products into the environment. Oil spill is a form of pollution. The term often refers to marine oil spills, where oil is released into the ocean or coastal waters.

Main causes of oil spills are deliberate sabotages (wars) and oil drilling accidents. Major oil spill can also occur when transporting oil with huge tankers or

Read more »

Global oil facts - statistics

At the end of 2009, there were 1333.1 billion barrels of proved oil reserves (this number doesn't include Canadian oil sands) according to the BP's Statistical Review of World Energy.Russia is currently the world's largest oil producer. In 2009, Russia produced in average 9.93 million barrels of oil per day for a total of 494.2 million tons, which is around 12% of world's total oil

Read more »

Fossil fuels facts

Fossil fuels are formed by the anaerobic decomposition of remains of organisms including phytoplankton and zooplankton that settled to the sea (or lake) bottom in large quantities under anoxic conditions, millions of years ago.Fossil fuels are oil, coal and natural gas. In 2006 primary sources of energy consisted of petroleum 36.8%, coal 26.6%, and natural gas 22.9%, amounting to an 86% share for

Read more »

CO2 can be turned into methanol

CO2 is the biggest reason why world today faces very difficult challenge in overcoming the climate change problem caused mostly by excessive CO2 emissions. These excessive emissions are mostly the result of fossil fuels burning because world needs energy, and energy demands keeps on growing all the time, so fossil fuels are really a necessary evil we need to satisfy our everyday needs.Carbon

Read more »

Oil prices at record levels

Serious oil shortage is to be expected in years to come.New oil price record (more than $134 for barrel, 05/22/2008, New York Mercantile Exchange - NYME) has been set after US government confessed decrease in crude oil and gasoline stockpiles last week, surprising analysts who were expecting an increase. U.S. Energy Information Administration said that crude stocks fell by 5.4 million barrels

Read more »

Fossil fuels - dominant but dangerous

Carbon cycle process. Click on picture for full size.Fossil fuels are non-renewable energy sources since they need millions of years to form and its reserves are being depleted much faster than new ones are being formed. Fossil fuels category includes oil, coal and natural gas. Fossil fuels when burning release carbon dioxide into the atmosphere and carbon dioxide is very harmful greenhouse gas,

Read more »

Carbon capture technology - Best solution?

Carbon capture technology is technology that tends to reduce negative impact of global warming by capturing carbon dioxide(CO2) from power plants and subsequently storing it instead of releasing it into the atmosphere. Capturing carbon dioxide means nothing without its storage and the storage of carbon dioxide is still relatively unknown in majority of the world countries.Carbon capture

Read more »

Oil energy facts

Oil is non-renewable energy source and belongs to fossil fuels, together with coal and natural gas.Oil was formed more than 300 million years ago.Oil has been used for more than 5000 years (ancient Babylonians and Sumerians had used crude oil).Oil can be found under ground in areas of rock that are porous and contain the oil within the rock itself.Oil is made into many different products like for

Read more »

SRC - Selective Catalytic Reduction

Selective Catalytic Reduction is one of the most cost-effective and fuel-efficient technologies available to help reduce emissions in passenger cars and heavy-duty trucks. In a high-cost, fuel-dependent society, our goal is to advance the understanding and education of SCR enough so that everyone involved can make informed choices in technology. DRIVING AMERICANS TO CHANGE – SCR SAVES FUEL & THE

Read more »

Crude Oil Futures Prices - NYMEX

Current oil price: .

Read more »