Louisiana Light • 3 days | 83.64 | +1.36 | +1.65% | |||
Bonny Light • 2 days | 86.67 | -1.02 | -1.16% | |||
Opec Basket • 3 days | 84.47 | -0.33 | -0.39% | |||
Mars US • 1 day | 77.08 | -1.08 | -1.38% | |||
Gasoline • 1 day | 2.589 | -0.024 | -0.90% |
Bonny Light • 2 days | 86.67 | -1.02 | -1.16% | |||
Girassol • 2 days | 86.10 | -0.85 | -0.98% | |||
Opec Basket • 3 days | 84.47 | -0.33 | -0.39% |
Peace Sour • 2 days | 75.26 | +0.86 | +1.16% | |||
Light Sour Blend • 2 days | 76.56 | +0.86 | +1.14% | |||
Syncrude Sweet Premium • 2 days | 85.51 | +0.86 | +1.02% | |||
Central Alberta • 2 days | 74.86 | +0.86 | +1.16% |
Eagle Ford • 10 days | 76.81 | +0.85 | +1.12% | |||
Oklahoma Sweet • 3 days | 77.50 | +1.00 | +1.31% | |||
Kansas Common • 3 days | 71.25 | +0.75 | +1.06% | |||
Buena Vista • 3 days | 84.42 | +0.36 | +0.43% |
Europe’s natural gas prices are…
Crude prices held steady on…
With ever increasing energy prices, and the knowledge that oil and natural gas will one day run out, scientists and engineers are constantly trying to discover new, renewable sources of energy. A recent article released in the Environmental Science and Technology journal describes a promising study by Ngai Yin Yip and Menachem Elimelech of the Department of Chemical and Environmental Engineering at Yale University.
Via a process known as pressure-retarded osmosis (PRO) they believe that enough electricity could be cleanly produced to support the needs of 520 million people. Their idea makes use of the difference in saltiness between freshwater river-water and salty seawater at the mouths of rivers around the world.
ADVERTISEMENT
According to the American Chemical Society, “in PRO, freshwater flows naturally by osmosis through a special membrane to dilute seawater on the other side. The pressure from the flow spins a turbine generator and produces electricity.”
ADVERTISEMENT
A similar study carried out by Stanford researchers last year came to the conclusion that PRO could generate 13% of the world’s energy needs.
Yip and Elimelech calculate that by using the water from just one-tenth of the rivers which flow into the ocean around the world should generate enough zero carbon electricity for more than half a billion people. In comparison, to provide the same amount of electricity from coal powered plants would release over one billion tonnes of greenhouse gases each year.
By. Charles Kennedy of Oilprice.com
ADVERTISEMENT
ADVERTISEMENT
Colonial Shuts Key Fuel Pipeline To The U.S. Northeast
Venezuela Suspends Oil Exports
Saudi’s Won’t Let Oil Stay At $75: Pioneer CEO
Oil Drops On Huge Unexpected Crude Inventory Build
OPEC’s Second-Largest Oil Producer Issues Arrest Warrant For Donald Trump
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
The materials provided on this Web site are for informational and educational purposes only and are not intended to provide tax, legal, or investment advice.
Nothing contained on the Web site shall be considered a recommendation, solicitation, or offer to buy or sell a security to any person in any jurisdiction.
Trading and investing carries a high risk of losing money rapidly due to leverage. Individuals should consider whether they can afford the risks associated to trading.
74-89% of retail investor accounts lose money. Any trading and execution of orders mentioned on this website is carried out by and through OPCMarkets.
Merchant of Record: A Media Solutions trading as Oilprice.com