Tuesday, March 17, 2015

GLOBAL SOLAR INSTALLS EXPECTED TO RISE 23% to 58GW IN '15 .... Portions of land along Bristol Bay Alaska opening up to oil/gas development .... Alberta new rules for oil sands waste .... US oil production up 115Kb/d in Feb. Expected to grow 760Kb/d in '15. 1.6Mb/d gain in '14 .... DOE plans 5M bl buy for SPR .... Bakken crude still going for ~$32/bl at wellhead .... Baghdad no longer has money to grow their oil production .... China saving est. $200B/yr on oil imports .... China econ now at ~$10T/yr .... China carbon emissions down 2% in '14 with lower coal use .... 68 nuke reactors under construction in world. 25 in China .... New car sales down 38% in Russia in Feb yoy. Chev sales off 74%. Big increase in prices from imported parts with Ruble plunge .... Saud nuke coop deal with S Korea. (Back up in case Iran goes forth with their nukes. Yea, right, in case.) .... Balkan nations planning new natgas pipe, connecting their pipes .... Palestinian group cancelled $1.2B purchase of NG from offshore Israel field .... Mexico lowered proven oil reserves 3% to 13B bls. (Normal depletion.) Pemex cutting '15 production 100Kb/d to 2.3M .... US oil rig count down 56 more to 866. 709 sidelined last 14 wks .... 12 underground injection wells closed in Cal last week to protect aquifers. Cal has ~50K UI wells .... Oregon 1st state that will collect truck, auto taxes by miles v. gallons. July 1 start. Vehicles to be fitted with real-time monitoring device. (Does that creep you out at all? Oregon?!) .... ACWA Power to build 2Gw solar in 2 stages in Saudi Arabia for $7B .... Masdar (UAE) to build $2B clean coal plant somewhere in area .... Red Rock Biofuels got VC funds for $200M Oregon plant with 12-15M gal/yr cap. To supply Southwest Air with 3M gal/yr. Woodwaste feedstock. $70M Fed grant .... Showa Shell unit to supply 100Mw solar to Welspun for India projects .... RWE lending $45M to Conergy (solar developer). Conergy to install 450Mw this year, up 50% from '14 .... Armenia, Georgia got Euro113M for power transmission line project .... Snow geese dropped dead out of Idaho sky .... Manatee population at record high .... EPA urging PA, VA to step up efforts to curb runoff into Chesapeake Bay .... NJ Senate rejected Exxon settlement .... Japan utilities to scrap 5 aging nuke reactors .... Mumbai running out of room for garbage.

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