Thursday, June 9, 2011

STUFF

USGS planning to revise '08 est. of Bakken (ND) reserves - 4.3B bls (25X higher than '95 est.). March '11 production ~360kb/d. An est. there's 11B bls. And it's light, sweet crude. Central Montana's Heath reservoir getting more attention.

Poll said 47% of American adults say global warming caused by human activity. Reality beats opinions everytime.

UN's FAO reports global rice production beating demand, stocks likely highest since '02. Wheat recovering from last year, but production won't meet demand this year. And corn supply lowest in 37 years.

Intel: by '18, supercomputers will be able to perform millions of trillions of operations/sec. But they will need >500MW of power each.

World supply of NG ~16,000 TCF (~200 yrs at present use). NG releases 1/2 the CO2 of coal, and less Hg, SOx and NOx.

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