Energy: A Methane Economy

Natural gas has always been the bane of oil production.  The processes deep in the earth that create oil over millions of years tend to produce even more volatile gases than liquid oil.  These have typically been “flared”, or burned off to get rid of them, since they are difficult to transport or do anything with.

The value of this great resource is finally being tapped around the world, and with some new technologies there are processes in place which can make suitable fuels directly from natural gas.  These systems need development and refinement, which can only come from implementation.  That, and a bit more research in the lab can revolutionize gasoline – and open the market to a vital new source of supply.

Continue reading

Energy: The Market

This is the first in a small series on energy in the US, focusing on energy independence and renewables.

There is nothing more fundamental to the health of economy than energy costs, particularly the price of gasoline.  There are more important things in life, especially food, but that cost does not rise and fall as rapidly and unpredictably as the cost of the gasoline that keeps our whole system running.

The cost of gasoline is determined by a very open market that is functioning about as well as it can.  A critical analysis of this market shows that there are key trends that will constantly drive up the price in narrow bands.  The largest problems with this market are barriers to entry, in particular the available refineries, and the single source of raw material in the form of crude.  Opening up this system to new technologies and sources of energy is the only way it can be improved to produce more stable, reliable costs.

Continue reading

Cinco de Mayo

It started as invasion by France to collect a debt, but the larger and better equipped French invasion force was defeated by a ragged group of Mexicans, some armed with little more than machetes and pitchforks.  The Battle of Puebla on 5 May 1862 was 150 years ago this Saturday.  It was not decisive, needing a few years before the colorful armies and politicians could sort it all out.  But the victory at Puebla is a story deep at the heart of Mexican character – a determination and toughness that the great continent of North America shares as a very odd, sometimes dysfunctional family.

Continue reading