NewEnergyNews: THE RISKIEST ENERGY PLAYS IN THE WORLD

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    Founding Editor Herman K. Trabish

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    Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart

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  • TODAY AT NewEnergyNews, December 13:

  • ORIGINAL REPORTING: How California Is Easing Off NatGas With New Energy
  • ORIGINAL REPORTING: Illinois cloud computing debate could open utility rate reform

    Thursday, August 21, 2014

    THE RISKIEST ENERGY PLAYS IN THE WORLD

    Oilsands, deepwater among riskiest energy plays in the world, report says; A U.K study highlighted 20 projects around the world that need a minimum oil price of US$95 a barrel to be viable

    Lauren Krugel, August 15, 2014 (The Canadian Press via Maclean’s)

    “Some of the world’s costliest energy projects are in Alberta’s oil sands and some could be cancelled without higher oil prices, according to Oil & Gas Majors: Fact Sheets from the Carbon Tracker Initiative, which] highlighted 20 of the biggest projects around the world that need a minimum oil price of US$95 a barrel to be economically viable…Most on the list require prices well north of US$110 a barrel and a few in the oil sands even need prices higher than US$150…Crude for September delivery was at around US$97 a barrel…[T]he 20 projects represent close to $91 billion in capital spending over the next decade…[raising the question of] whether those funds should be invested in risky projects…” click here for more

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