Don’t Count on Revolution in Oil Supply

theoildrum.com 21 Aug '12, 6pm

Don’t Count on Revolution in Oil Supply

The report mixes NGLs, which feed petrochemicals and domestic or industrial fuel applications, with conventional oil, which is the main source for transportation fuels. When fractionated, NGLs yield propane, butane and light naphtha. These products cannot replace oil distillates such as gasoline, diesel or jet fuel. For example, NGLs grew from 7 million b/d in 2003 to an estimated 12 million b/d in 2011 but provided no relief to the demand for transportation fuels, which was surging across those years. The growth in NGLs is now forecast by the IEA to reach an ambitious 20 million b/d by 2030. Impressive as this may be, NGLs will remain at best marginally relevant to transportation applications until widespread changes occur in the technology and infrastructure of the auto and trucking industries. Given cost and complexities, there is no evidence that this is likely to happ...

Full article: http://www.theoildrum.com/node/9411

Tweets

@fidusz » 30 Aug '12, 12pm
al-Huseini: Don't Count on Revolution in Oil Supply [link] #peakoil
@v36ar » 27 Aug '12, 2am
@eivindtraedal Om hvor fastlåst oljebransjen er: Don’t Count on Revolution in Oil Supply - [link]
@gowillywonka » 25 Aug '12, 5pm
Sadad al-Huseini ex vicepresidente della Saudi Aramco critica lo studio di #Maugeri Oil: The Next Revolution [link]
@Faaz71 » 24 Aug '12, 1pm
A response to Leonardo Maugeri's new study 'Oil: the Next Revolution'. Challenging optimism about future #oil #supplies [link]
@JPods » 24 Aug '12, 12pm
Former head of Saudi Aramco's exploration explains why oil supply will decline. The whole has passed Peak Oil. [link]
@platinumshore » 23 Aug '12, 11pm
Don’t Count on a Revolution in #Oil Supply [link] #Romney #Maugeri #politics
@danielgoldfarb » 21 Aug '12, 8pm
RT @brookporter: Former EVP of Saudi Aramco on coming oil boom - "Don't count on it.": [link]
@peterpolder » 21 Aug '12, 8pm
RT @nelderini: Former exec VP @ Saudi Aramco, Sadad al-Huseini tackles Maugeri RT @TheOilDrum: Don’t Count on Revolution in Oil Supply [link]
@brookporter » 21 Aug '12, 8pm
Former EVP of Saudi Aramco on coming oil boom - "Don't count on it.": [link]
@thewomensparty » 21 Aug '12, 7pm
to my favorite cornucopian @kaltezar ;-) [link]
@edwiebe » 21 Aug '12, 7pm
RT @chrisalecanada: A short, must read update on why oil prices remain high and why Canadian Oil Sands cannot possibly do anything... [link]
@edwiebe » 21 Aug '12, 7pm
More discussion of a realistic oil production future [link]
@GregMTBusiness » 21 Aug '12, 7pm
Donât Count on Revolution in Oil Supply [link] via @sharethis
@metadesigners » 21 Aug '12, 7pm
Worried that the fear of climate disaster might stop us squandering fossil fuels? Relax - business stops at nothing:-) [link]
@2TVolts » 21 Aug '12, 7pm
Energy industry stakeholders want to be optimistic, but it's not an oil glut keeping oil prices high. [link] via @sharethis
@Cimation » 21 Aug '12, 7pm
Don't Count on Revolution in Oil Supply [link]
@akamaotto » 21 Aug '12, 7pm
RT @komaliaint: Don’t Count on Revolution in Oil Supply: This is a guest post by Sadad al-Huseini, now a petroleum consultant an... [link]
@nelderini » 21 Aug '12, 7pm
Former exec VP @ Saudi Aramco, Sadad al-Huseini tackles Maugeri RT @TheOilDrum: Don’t Count on Revolution in Oil Supply [link]
@EarthOrgUK » 21 Aug '12, 6pm
RT @TheOilDrum: Don’t Count on Revolution in Oil Supply [link]
@EnergySysNews » 21 Aug '12, 6pm
[oilbarrel] Don’t Count on Revolution in Oil Supply: This is a guest post by Sadad al-Huseini, now a petroleum c... [link]
@cfroyalty » 21 Aug '12, 6pm
Don’t Count on Revolution in Oil Supply: This is a guest post by Sadad al-Huseini, now a pe... [link] [link]
@openib » 21 Aug '12, 6pm
Don’t Count on Revolution in Oil Supply: This is a guest post by Sadad al-Huseini, now a petroleum consu... [link] #iSolar
@komaliaint » 21 Aug '12, 6pm
Don’t Count on Revolution in Oil Supply: This is a guest post by Sadad al-Huseini, now a petroleum consultant an... [link]
@bigpicturetv » 21 Aug '12, 6pm
The Oil Drum: Don’t Count on Revolution in Oil Supply: This is a guest post by Sadad al-Huseini, now a petroleum... [link]
@khalfa0s » 21 Aug '12, 9pm
RT @nelderini: Former exec VP @ Saudi Aramco, Sadad al-Huseini tackles Maugeri RT @TheOilDrum: Don’t Count on Revolution in Oil Supply [link]
@ZeronautBeFeed » 21 Aug '12, 9pm
RT @TheOilDrum Don’t Count on Revolution in Oil Supply [link]
@florisvc » 21 Aug '12, 9pm
RT @TheOilDrum Don’t Count on Revolution in Oil Supply [link]
@peakoilnl » 21 Aug '12, 8pm
RT @nelderini: Former exec VP @ Saudi Aramco, Sadad al-Huseini tackles Maugeri RT @TheOilDrum: Don’t Count on Revolution in Oil Supply [link]
@Proselenes » 21 Aug '12, 8pm
RT @TheOilDrum: Don’t Count on Revolution in Oil Supply [link]
@m_l_harris » 21 Aug '12, 7pm
RT @TheOilDrum: Don’t Count on Revolution in Oil Supply [link]
@BrianBantugan » 21 Aug '12, 7pm
RT @TheOilDrum: Don’t Count on Revolution in Oil Supply [link]
@bestofscience » 21 Aug '12, 7pm
Don’t Count on Revolution in Oil Supply: This is a guest post by Sadad al-Huseini, now a petroleum consultant an... [link]
@Peter_Durante » 21 Aug '12, 7pm
RT @TheOilDrum: Don’t Count on Revolution in Oil Supply [link]
@jvogler » 21 Aug '12, 6pm
Don’t Count on Revolution in Oil Supply: This is a guest post by Sadad al-Huseini, now a petroleum consultant an... [link]
@WeBuyWasteOil » 21 Aug '12, 6pm
Don’t Count on Revolution in Oil Supply [link] [link]
@TheOilDrum » 21 Aug '12, 6pm
Don’t Count on Revolution in Oil Supply [link]