{"id":29454,"date":"2018-01-06T09:03:20","date_gmt":"2018-01-06T14:03:20","guid":{"rendered":"http:\/\/olduvai.ca\/?p=29454"},"modified":"2018-01-06T09:03:20","modified_gmt":"2018-01-06T14:03:20","slug":"blowout-week-210","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=29454","title":{"rendered":"Blowout Week 210"},"content":{"rendered":"

Blowout Week 210<\/a><\/h3>\n
\n

\"\"Is the US about to become the world\u2019s largest oil producer? Our feature story says yes. To follow we have Trump\u2019s offshore leasing program; record Russian gas production; Saudi Arabia\u2019s gasoline price hike; Germany shuts down a nuclear reactor; Australia\u2019s industry to power down during heatwave; Coal growth in Asia; the Snowy hydro project a \u201cwrite off\u201d; UK releases plans for coal phase-out; North America\u2019s largest lithium battery; the wind (almost) always blows somewhere in Europe; fossil-fuel burning without the CO2; Scotland\u2019s plans to combat coastal erosion and the struggle to save chocolate from climate change extinction.<\/p>\n

CNN Money: America could become oil king of the world in 2018<\/a><\/b><\/p>\n

The United States is poised to ramp up crude oil production by 10% in 2018 to about 11 million barrels per day, according to research firm Rystad Energy.<\/p><\/blockquote>\n

Surging shale oil output should allow the United States to dethrone Russia and Saudi Arabia as the planet\u2019s leading crude oil producer, Rystad predicted in a recent report. The prediction shows how the fracking revolution has turned America into an energy powerhouse \u2014 a transformation that President Trump has vowed to accelerate by cutting regulation. This long-term shift has allowed the U.S. to be less reliant on foreign oil, including from the turbulent Middle East. The U.S. hasn\u2019t been the global leader, nor ahead of both Russia and Saudi Arabia, since 1975. \u201cThe market has completely changed due to the U.S. shale machine,\u201d said Nadia Martin Wiggen, Rystad\u2019s vice president of markets.<\/p><\/blockquote>\n

\"\"<\/a><\/p>\n

Reuters: U.S. oil rig count ends 2017 40 percent above year-ago levels <\/a><\/b><\/p>\n

The U.S. oil rig count rose by about 42 percent by end-2017 compared to the corresponding period last year, as energy companies boosted spending amid a recovery in crude prices.<\/p><\/blockquote>\n

…click on the above link to read the rest of the article…<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Blowout Week 210 Is the US about to become the world\u2019s largest oil producer? Our feature story says yes. To follow we have Trump\u2019s offshore leasing program; record Russian gas production; Saudi Arabia\u2019s gasoline price hike; Germany shuts down a nuclear reactor; Australia\u2019s industry to power down during heatwave; Coal growth in Asia; the Snowy […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3],"tags":[11260,570,11990],"class_list":["post-29454","post","type-post","status-publish","format-standard","hentry","category-energy-2","tag-energy-matters","tag-news","tag-roger-andrews"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/29454","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=29454"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/29454\/revisions"}],"predecessor-version":[{"id":29455,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/29454\/revisions\/29455"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=29454"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=29454"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=29454"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}