GasBuddy Blog

GasBuddy News Article

votes

Study: Coal-Based CO2 Could Boost US Oil Production by 3.5 MMbpd

Rig Zone -- A new study found that CO2 capture and utilization at existing and new coal-fired power plants and coal-to-liquids facilities could boost U.S. oil production by more than 3.5 million barrels per day for more than 40 years.

The study, prepared for U.S. Energy Secretary Steven Chu by the National Coal Council, features input from 60 energy experts in coordination with the National Petroleum Council. The focus is enhanced oil recovery, or EOR, which has increased U.S. oil production for almost half a century, the NCC said.

"It's time to think of CO2 as a valuable commodity," study chairman Richard Bajura said. "Advanced coal technology is key to affordably realizing deep reductions in emissions. The U.S. uses more coal than any nation except China, and potential production of U.S. oil

Read the Full Article

Submitted Jun 30, 2012 By: mastermariner

Back To News

Category: Daily News Article Discussions > Topics	Add to favorite topics

Author	Topic: Study: Coal-Based CO2 Could Boost US Oil Production by 3.5 MMbpd	Post a Reply Back to Topics

REPLIES (newest first)Ignore Short Messages

First

Next Last

honda0105 Champion Author Tallahassee Posts:18,590 Points:1,606,595 Joined:Nov 2008	Message Posted: Jul 3, 2012 5:20:06 AM Ignore honda0105 Report Abuse exploration of alternatives is a good thing, as long as it's not a total waste of taxpayers' money.
honda0105 Champion Author Tallahassee Posts:18,590 Points:1,606,595 Joined:Nov 2008	Message Posted: Jul 2, 2012 6:40:00 AM Ignore honda0105 Report Abuse lots of ideas floating, lots of opinions. When looking at long range predictions, there should be at least a barrel of salt in the whole thing...
remay Champion Author Houston Posts:6,953 Points:2,114,690 Joined:May 2006	Message Posted: Jul 1, 2012 6:49:25 AM Ignore remay Report Abuse "...we can increase use of domestic energy, fuel economic growth and enhance national security." Really??? enhance national security???
jetlagAK Champion Author Anchorage Posts:2,246 Points:634,700 Joined:Jan 2010	Message Posted: Jun 30, 2012 11:34:45 PM Ignore jetlagAK Report Abuse Anyone else 2012!
Harry813 Champion Author Iowa Posts:2,990 Points:658,940 Joined:Jul 2011	Message Posted: Jun 30, 2012 11:18:11 PM Ignore Harry813 Report Abuse Production or profit ?
MahopacJack Champion Author New York Posts:8,005 Points:1,581,725 Joined:Feb 2008	Message Posted: Jun 30, 2012 11:04:37 PM Ignore MahopacJack Report Abuse Very interesting except our present administration has written off coal which would of course provide thousands of jobs.
firefly09 Champion Author San Diego Posts:2,488 Points:714,770 Joined:Mar 2009	Message Posted: Jun 30, 2012 9:42:21 PM Ignore firefly09 Report Abuse I agree with camel1.
FunMyster All-Star Author Indiana Posts:907 Points:73,215 Joined:Jul 2011	Message Posted: Jun 30, 2012 7:47:15 PM Ignore FunMyster Report Abuse This administration hates coal.
DCbeachbum Champion Author South Carolina Posts:2,642 Points:902,240 Joined:May 2010	Message Posted: Jun 30, 2012 6:44:48 PM Ignore DCbeachbum Report Abuse U.S. Energy Secretary Steven Chu does not want to see anything that doesn't make the US look like Europe.
camel1 Champion Author Minnesota Posts:8,260 Points:2,264,665 Joined:Jul 2006	Message Posted: Jun 30, 2012 6:43:46 PM Ignore camel1 Report Abuse options need to be explored
amayne11 Champion Author Vancouver Posts:1,745 Points:497,030 Joined:Nov 2011	Message Posted: Jun 30, 2012 6:29:36 PM Ignore amayne11 Report Abuse sounds good
DTrainCanada Champion Author Saskatoon Posts:1,848 Points:1,418,950 Joined:Aug 2005	Message Posted: Jun 30, 2012 6:22:45 PM Ignore DTrainCanada Report Abuse Cool ...
Ray_10589 Champion Author New York Posts:4,931 Points:1,180,810 Joined:May 2009	Message Posted: Jun 30, 2012 6:17:57 PM Ignore Ray_10589 Report Abuse good news ....
itsjustme719 All-Star Author Hamilton Posts:611 Points:597,400 Joined:Dec 2010	Message Posted: Jun 30, 2012 6:14:20 PM Ignore itsjustme719 Report Abuse Agreed. The coal industry will say anything to stay in production.
MikLamb Champion Author Texas Posts:7,970 Points:2,172,195 Joined:Jun 2006	Message Posted: Jun 30, 2012 6:05:33 PM Ignore MikLamb Report Abuse Ok.
PithyOpiner Champion Author Stockton Posts:16,190 Points:1,594,620 Joined:Jun 2008	Message Posted: Jun 30, 2012 6:03:04 PM Ignore PithyOpiner Report Abuse Man, the coal industry will do and say anthing to stay in business. What next? Eat coal if your testosterone is low?
GoGoGoodyear Champion Author Los Angeles Posts:2,048 Points:505,360 Joined:Mar 2010	Message Posted: Jun 30, 2012 5:58:55 PM Ignore GoGoGoodyear Report Abuse This seems like a great way to have our cake and eat it too. There are many coal burning electric power plants in the US. They are facing the higher costs and complexity of installing special equipment to capture the CO2 output if they continue to use coal, or the higher costs of converting to natural gas to generate electricity. Now the oil companies come along and want to buy that CO2 which they need, to use in extracting more oil from the wells. As a side benefit, the CO2 won't be released into the atmosphere, instead it will remain down in the empty oil wells after the oil is removed. Another benefit is that the CO2 can be sent to any oil wells where needed by the same pipelines crisscrossing the country that now carry oil and natural gas. The coal burning electric generators make money by selling something they would need to dispose of anyway, and the oil companies get the CO2 they need for less money than if they make CO2 from processed natural gas. Some of the CO2 gets stored in empty wells where it can't hurt the environment. I don't see a problem, unless the government gets involved and messes it up somehow. Wikipedia has a decent article on Enhanced Oil Recovery (EOR) which explains the use of CO2 for oil extraction.
Is246 Champion Author Albuquerque Posts:1,010 Points:425,330 Joined:Apr 2011	Message Posted: Jun 30, 2012 5:57:20 PM Ignore Is246 Report Abuse Good news.
libertyut Champion Author Utah Posts:1,344 Points:290,650 Joined:Mar 2012	Message Posted: Jun 30, 2012 5:53:48 PM Ignore libertyut Report Abuse $2.00 or less a gallon.
DrLyon Champion Author Michigan Posts:6,640 Points:1,209,955 Joined:May 2006	Message Posted: Jun 30, 2012 5:50:48 PM Ignore DrLyon Report Abuse Do it..
Sego Veteran Author Florida Posts:383 Points:70,305 Joined:Apr 2012	Message Posted: Jun 30, 2012 5:49:10 PM Ignore Sego Report Abuse ok
tsgasprc Champion Author Colorado Posts:1,312 Points:359,840 Joined:Jun 2010	Message Posted: Jun 30, 2012 5:49:00 PM Ignore tsgasprc Report Abuse Anything to keep the cash flowing to big oil...
mickealo Champion Author Spokane Posts:6,147 Points:2,141,510 Joined:Oct 2006	Message Posted: Jun 30, 2012 5:46:28 PM Ignore mickealo Report Abuse ya right
HoosierDaddyKY Champion Author Kentucky Posts:1,257 Points:294,135 Joined:Dec 2011	Message Posted: Jun 30, 2012 5:43:27 PM Ignore HoosierDaddyKY Report Abuse We shall see...
Jeepergeo Champion Author San Bernardino Posts:1,380 Points:584,680 Joined:Jan 2011	Message Posted: Jun 30, 2012 5:43:22 PM Ignore Jeepergeo Report Abuse Bring it on.
mandoid Champion Author Colorado Springs Posts:7,302 Points:1,524,720 Joined:May 2008	Message Posted: Jun 30, 2012 5:41:48 PM Ignore mandoid Report Abuse burning ANYTHING is not clean, but until we get fusion nothing really is
GPD1739P Champion Author Illinois Posts:2,505 Points:722,355 Joined:Feb 2011	Message Posted: Jun 30, 2012 5:38:52 PM Ignore GPD1739P Report Abuse Coal is not a clean source of energy.
cmsense Champion Author Columbus Posts:1,358 Points:165,345 Joined:Jan 2012	Message Posted: Jun 30, 2012 5:38:41 PM Ignore cmsense Report Abuse This is an article that needs further explanation and specifics.
Mowerman08 Champion Author Milwaukee Posts:4,745 Points:1,215,070 Joined:Aug 2008	Message Posted: Jun 30, 2012 5:38:08 PM Ignore Mowerman08 Report Abuse NO COAL, that is OBAMA'S GOAL!
Dsin44 Champion Author Abbotsford Posts:1,272 Points:272,660 Joined:Apr 2011	Message Posted: Jun 30, 2012 5:37:41 PM Ignore Dsin44 Report Abuse ok
s90201 Rookie Author Long Island Posts:57 Points:17,215 Joined:Jun 2012	Message Posted: Jun 30, 2012 5:37:20 PM Ignore s90201 Report Abuse Nice
dieselgus1 All-Star Author Montana Posts:528 Points:482,400 Joined:Oct 2009	Message Posted: Jun 30, 2012 5:36:57 PM Ignore dieselgus1 Report Abuse So many good ideas nowadays, let's hope one like this gets somewhere.
preacherjohn Champion Author Modesto Posts:3,978 Points:1,916,895 Joined:May 2006	Message Posted: Jun 30, 2012 5:34:16 PM Ignore preacherjohn Report Abuse is coal here to stay ..or is it a thing of the past?
Bleeder Champion Author Virginia Posts:8,038 Points:1,698,125 Joined:Jan 2008	Message Posted: Jun 30, 2012 5:34:13 PM Ignore Bleeder Report Abuse Interesting report. Not quite wure of the veracity of its conclusions though.
captngasTN Champion Author Tennessee Posts:3,015 Points:1,324,350 Joined:Jun 2009	Message Posted: Jun 30, 2012 5:30:28 PM Ignore captngasTN Report Abuse and BO wants to kill coal plants
humancry Champion Author Michigan Posts:4,618 Points:1,002,455 Joined:Nov 2006	Message Posted: Jun 30, 2012 5:29:14 PM Ignore humancry Report Abuse hmmmmmmmmm i need to hear more of this
MadTraveler Champion Author Idaho Posts:2,082 Points:572,100 Joined:Nov 2009	Message Posted: Jun 30, 2012 5:27:19 PM Ignore MadTraveler Report Abuse Interesting.
Tru2psu2 Champion Author Winston-Salem Posts:14,461 Points:1,553,525 Joined:Feb 2004	Message Posted: Jun 30, 2012 5:25:03 PM Ignore Tru2psu2 Report Abuse Plants NEED it!
DirtDauber Champion Author San Antonio Posts:6,771 Points:1,625,510 Joined:Nov 2005	Message Posted: Jun 30, 2012 5:23:48 PM Ignore DirtDauber Report Abuse Another Coulda, Woulda, Shoulda.
CatMan623 Champion Author Houston Posts:16,349 Points:2,341,845 Joined:Aug 2006	Message Posted: Jun 30, 2012 5:23:39 PM Ignore CatMan623 Report Abuse The industry has been injecting CO2 in wells for decades.
no8c Champion Author Ohio Posts:2,794 Points:702,900 Joined:Jul 2008	Message Posted: Jun 30, 2012 5:23:15 PM Ignore no8c Report Abuse Thanks
car54BC Champion Author British Columbia Posts:3,327 Points:1,253,255 Joined:May 2008	Message Posted: Jun 30, 2012 5:22:05 PM Ignore car54BC Report Abuse The key words are " could boost "
knifeman9 Champion Author North Carolina Posts:5,665 Points:1,484,465 Joined:Oct 2008	Message Posted: Jun 30, 2012 5:20:36 PM Ignore knifeman9 Report Abuse Nice
gas4433 Champion Author Houston Posts:2,342 Points:542,725 Joined:Sep 2011	Message Posted: Jun 30, 2012 5:19:07 PM Ignore gas4433 Report Abuse Ok
heysailor Champion Author Pittsburgh Posts:9,572 Points:2,330,720 Joined:Mar 2006	Message Posted: Jun 30, 2012 5:18:55 PM Ignore heysailor Report Abuse So why aren't we doing this? Because it might involve spending money? That's not spending money at the Pentagon? The the chicken hawks don't want to spend any money on anything that's not built in their district and they don't want to spend any money on anything else.
gsofrs Champion Author Greensboro Posts:4,138 Points:1,214,515 Joined:Apr 2009	Message Posted: Jun 30, 2012 5:15:09 PM Ignore gsofrs Report Abuse Still need to conserve.
trytogetby All-Star Author Cincinnati Posts:864 Points:214,000 Joined:Apr 2012	Message Posted: Jun 30, 2012 5:13:19 PM Ignore trytogetby Report Abuse OK
streetcars Champion Author Toledo Posts:12,254 Points:2,604,690 Joined:Apr 2005	Message Posted: Jun 30, 2012 5:08:35 PM Ignore streetcars Report Abuse yup
WhiteTreeIndian Champion Author New Jersey Posts:5,639 Points:1,119,185 Joined:Dec 2009	Message Posted: Jun 30, 2012 5:08:16 PM Ignore WhiteTreeIndian Report Abuse Yeah I agree with that too.
fireless1 Champion Author Atlanta Posts:2,152 Points:535,840 Joined:Dec 2010	Message Posted: Jun 30, 2012 5:07:31 PM Ignore fireless1 Report Abuse Ok