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In the movies, lasers make things explode. Occasionally, they make things explode in real life, too. Even more occasionally, they do this in a way that’s beneficial, by making the explosions that we rely on every day even better. Lasers: making your daily explosions 27 percent more explodey. Let’s do it. Unless your life is way more exciting than mine, most of your daily explosions probably take place inside the engine of your car. In a conventional internal combustion engine, a mixture of fuel...
One of the subtlest, most effective moves in sports is the head-fake. It's a thing of beauty when done well. In the energy commodity business, it can be disastrous to anyone who falls for it. Right now, everyone is focused on low crude oil prices, and the subsequent layoffs and rig shutdowns that follow. I say it's a head-fake, because too many companies are buying into the narrative and scurrying for cover, while the smart money slips past them to victory. In the past, a downward move of 50%...
Massive and on-going advances in our lives (↑ life expectancy, ↓ hunger, ↑innovation, ↑work efficiency, etc.) can be directly correlated to the widespread commercial use of fossil fuels as they began to power the Industrial Revolution in the early 1800s. Few informed individuals would deny that the energy provided by fossil fuels is still necessary to maintain and continue improving our standard of living in developed countries, as well as providing the energy necessary to bring those same...
Although much of the hydraulic fracturing debate focuses on unseen effects below ground, the surface impacts of drilling and ongoing activity are in plain sight. Operators make their own roads to carry heavy equipment to and from the well site. They run pipelines, install water-pumping systems, build power grids, and dig storage ponds for wastewater. Each of these activities is a potential point of community conflict, and also adds to the well’s operating costs. Everyone stands to gain from...
Sam Etherington, founder of Renewable Wave Power, Lancaster, UK, is willing to take a chance. Admittedly, he can be headstrong when someone tells him he can’t do something. He kiteboards. The latter is actually part of the reason he’s the youngest person ever shortlisted for the UK Engineering Hall of Fame. At the age of 24. Surfing on a kiteboard, he realized the power of waves and developed a way to harvest energy through his wave power generator. READ MORE AT ASME
Secretary Moniz has announced the creation of the Jobs Strategy Council (JSC), an initiative focused on accelerating job growth in American-made clean energy sources while implementing the President’s Climate Action Plan, during a roundtable with the business leaders of Energy Intensive, Trade Exposed industries and their unions, the United Steelworkers, the United Autoworkers, the Machinists, the IUE-CWA, and the AFL-CIO. Building on the President’s effort laid out in the State of the Union to...
A Colorado task force on oil and gas drilling is trying to find agreement on proposals to resolve disputes over local control and landowner rights. The 21-member panel meets again Tuesday as it whittles down a list of 56 suggestions. Gov. John Hickenlooper formed the task force last year and set a Feb. 27 deadline for its recommendations. The panel hasn't taken any final votes. The task force is made up of oil and gas industry representatives, local government officials and civic leaders....
Plunging oil prices have hurt American companies in the short run, but increased U.S. production means that the country is on the path to become a global leader in oil production, the head of the U.S. oil and gas industry's top lobbying arm said. Falling oil prices have empowered the United States and weakened OPEC and Russia, said Jack Gerard, the CEO of the American Petroleum Institute. The result is that increased U.S. production in North Dakota and elsewhere has "fundamentally reordered the...
Oil and gas industry employers in the UK are facing significant skills shortages according to the Oil & Gas Global Salary Guide, and over 65 percent (68.1%) of employers plan to increase headcount in 2014, exacerbating the already skill-short market, adding pressure to increase salaries to attract candidates, which is based on data from 24,000 respondents. 83 percent of employers predict an upturn in salaries in the coming year as hiring managers vie for top talent, at the same time as...
Good oil and gas talent is in short supply. Combine the so-called “Big Shift Change” with the reduced number of students applying for and completing STEM courses in college, and there is a serious concern about where the next generation of industry talent will come from. As oil and gas companies bring in new talent to meet staffing demands, CEB research shows that five-in-six hiring managers believe their new graduate hires lack the skills and knowledge they need to be successful. But rather...

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