Petroleum Engineering Commons^™

The Price Of Oil, R. W. Clack

UMR-MEC Conference on Energy / UMR-DNR Conference on Energy

An examination of major forces in the petroleum market with primary emphasis on the decade of the 1970s. The market force (s) responsible for the factor-of-ten increase in the price of crude oil is isolated, if not identified. The market's "message" is set forth for energy policy planners.

The Oil Industry And Antitrust Merger Policy, Pauline Weber

UMR-MEC Conference on Energy / UMR-DNR Conference on Energy

This paper examines the trends in merger activity in the petroleum industry in light of over-all merger activity and of the Justice Department's merger guidelines. Supreme Court precedents and economic conditions within the petroleum area are discussed. Some conclusions concerning the Justice Department's merger policy are included.

Recovery Of Oil From Oil Shale -- An Overall Technological Perspective, Abu Ahmad, Sayeed Hasan

UMR-MEC Conference on Energy / UMR-DNR Conference on Energy

The hydrocarbon content of oil shale can be converted into liquid oil which is a possible energy resource for the future. Different aspects of shale oil recovery is briefly discussed. The technology of modified in situ oil shale retorting, which is receiving increasing attention for commercialization, is discussed in a little more detail.

Economic Incentives In The Exploration, Extraction And Refining Of Crude Oil, Angelos Pagoulatos, David Debertin, Emilio Pagoulatos

UMR-MEC Conference on Energy / UMR-DNR Conference on Energy

A simultaneous econometric model consisting of 37 stochastic equations and 3 identities which captures the decisions affecting the supply of new discoveries, the size of proven reserves, the production out of reserves, the demands and supplies of refined products and the imports of crude oil and refined products, is estimated. Simulation with the econometric model analyzed the effect of alternative pricing policies on domestic oil production, consumption and imports.

Systematic Implementation Of Local, State And Federal Regulations To Control Transportation And Land Use Can Reduce Energy Required For Transportation, J. Larry Josey, J. Edwin Clark

UMR-MEC Conference on Energy / UMR-DNR Conference on Energy

Petroleum is available in limited amounts and the Transportation industry is currently using a giant share of the petroleum based fuel used in America. Ways are explored in this paper to reduce the amount of fuel needed to maintain mobility. Regulations on Transportation and Land Use are shown to be potential tools for fuel savings.

The Current Status Of The Canadian Coal Industry, Philip S. Martin

UMR-MEC Conference on Energy / UMR-DNR Conference on Energy

Mineable reserves of coal are known to exist right across Canada and some 30 mines are currently operating in five provinces, plus one small mine in the Yukon. Total production in 1977 will a- mount to some 30 million short tons with a value of approximately $700 million, which will be a new record tonnage.

The Opec Oil-Pricing Policies, Vaman Rao

UMR-MEC Conference on Energy / UMR-DNR Conference on Energy

The capital-theoretic model suggested for determining the price- quantity combinations does not hold in the case of most natural resources, including petroleum, since the inelastic demand function would vitiate the optimal solution. The specification of a dynamic demand function, with necessary, attributes, no doubt, results in a valid optimal solution in period t, but that could be achieved only at the cost of sub-optimal solution in other periods. If the OPEC starts behaving as a discriminating monopoly, instead of as a pure monopoly, the optimal solution is assured in all markets and in all time periods.

Theoretical And Empirical Approaches To The Analysis Of Opec, Albert L. Danielsen

UMR-MEC Conference on Energy / UMR-DNR Conference on Energy

Formal theoretical models of world oil price determination have been developed in recent years. In addition, some empirical estimates of expected future prices have been proposed. This paper explains how exhaustible resource and cartel theory are integrated into the opitmal control framework. Some empirical studies in the optimal control tradition are surveyed and evaluated.

Manufacturers' Responses To Fuel Supply Problems, Evelyn R. Rosenthal

UMR-MEC Conference on Energy / UMR-DNR Conference on Energy

The progress of energy conservation in industry was investigated with the aim of identifying barriers to strong energy conservation efforts. One of these barriers proved to be fuel supply problems as exemplified by the natural gas shortage of 1976-77.

The Energy Needs Of The Developing Countries, Vaman Rao

UMR-MEC Conference on Energy / UMR-DNR Conference on Energy

The energy needs of the developing countries are enormous. They will grow with the passage of time as the pace of economic development accelerates and those countries enter the industrial epoch. The sheer physical non-availability of coal and petroleum to most of them makes it obligatory to choose an unconventional resource as an energy-base. The nuclear fission is the only option now available which is feasible, less-expensive and plentiful. Solar and fusion may be the ultimate sources in the steady state, when appropriate technologies are developed.

The Political Economy Of Opec, Loring Allen

UMR-MEC Conference on Energy / UMR-DNR Conference on Energy

The Organization of Petroleum Exporting Countries (OPEC) is a part of the hard reality of the present and future energy position of the U. S. It burst upon the world scene in 1973 in response to long years of shabby treatment by the oil companies and oil-importing countries. Through cooperation in the exercise of their sovereignty over oil deposits, OPEC members have extracted increasing revenues through restricting production and raising price. Although serving its own interests, OPEC benefits also the rest of the world, even though its presence portends a shift in the world balance of power.

An Overview Of Potential Impacts Of Changing Petroleum Energy Prices On Grain Farms, Jean-Paul Chavas, James B. Kliebenstein

UMR-MEC Conference on Energy / UMR-DNR Conference on Energy

Since the early 1970s world fossil fuel energy prices have risen dramatically. Assuming there is no significant breakthrough in en- ergy technology, the world will see further increases in energy prices. These changes will likely lead to economic adjustments in U. S. agriculture. A firm level linear programming model is used to evaluate what some of these adjustments could be on a Missouri grain farm. To obtain expected energy price affects on production mixes, energy prices are changed parametrically. Potential crop adjustments are from corn to single-crop soybeans to wheat as energy prices increase. Fertilization adjustments are from chemical to …

4th Annual Umr-Dnr Conference On Energy -- Entire Proceedings, University Of Missouri--Rolla

UMR-MEC Conference on Energy / UMR-DNR Conference on Energy

No abstract provided.

The Operator’S Guide For Minimizing Energy Costs, Charles Dare, Frank A. Gerig

UMR-MEC Conference on Energy / UMR-DNR Conference on Energy

The consumption of petroleum by transportation activities is increasing despite the finite limits on its supply. This paper concentrates on the motor vehicle driver, his driving habits, and guides to reduced fuel consumption which would enable the individual to curtail wasteful practices with respect to vehicle operation.

The Impact Of Regulation Upon The Oil And Gas Industries, Lee Carter

UMR-MEC Conference on Energy / UMR-DNR Conference on Energy

It is paradoxical that the oil and gas industries both ask for and resist the idea of regulation. Historic examples are given of how and why this is so. Since the Arab oil crisis of 1973, new and onerous rules for domestic producers have been introduced, first by improvization and more recently by a national energy plan. Both the good and bad features of the 1977 national energy plan are reviewed to generate words of commendation and words of warning about its effect on the oil and gas industries.

Front Matter, University Of Missouri--Rolla

UMR-MEC Conference on Energy / UMR-DNR Conference on Energy

No abstract provided.

Opening Remarks, Raymond L. Bisplinghoff

UMR-MEC Conference on Energy / UMR-DNR Conference on Energy

You are all extended the very warmest welcome to the University of Missouri-Rolla. This four day conference on energy, the second of its kind, is filled with papers and activities that should find some interest for almost everyone involved in energy activities. All of us on this campus want you to have a rewarding four days and to enjoy yourselves as well. It goes without saying that we stand ready to aid you in every way that is possible. I want to commend the organizers, particularly Dr. Derald Morgan, for his hard and dedicated work in putting the conference together.

Energy Conservation In Uniroyal, Inc., John C. Madigan

UMR-MEC Conference on Energy / UMR-DNR Conference on Energy

In the last year, rapid developments have led to the establishment of industry conservation goals and monitoring by the Department of Commerce and the Federal Energy Administration via the various industry associations.

Since 1972, Uniroyal has progressed more than half way toward the 1980 goal of 15% established for the rubber and chemical industries. This paper will describe details of the program with emphasis on new input, such as the computerized tracking method now in use.

Plant studies have provided an assessment of "base" loads vs. process loads, important when considering unit energy consumption. These vary, particularly with the climate …

The Energy Conservation Implications Of Master Metering Of Electric Service In Apartments, Gordon Gross

UMR-MEC Conference on Energy / UMR-DNR Conference on Energy

A study has been made of the difference in electricity usage between residents of "Electricity included" apartments and those tenants who pay individual "light bills." The factors which influence owners' and builders' choices of metering service are discussed in detail.

Data taken from over 100 apartment buildings or complexes in 10 major U.S. metropolitan areas and from over 50 major electric power companies are used as the basis for the reported results. Contractors estimates of the costs to convert building service from master to individual meter and some bases for these costs are presented.

The energy conservation potential which might …

Energy Conservation Program At Ralston Purina, George A. Bossman

UMR-MEC Conference on Energy / UMR-DNR Conference on Energy

While the food industry as a whole uses only about 5 per cent of total manufacturing energy, we at Ralston Purina Company recognize our dependence upon energy and the importance of a strong energy management program. Last year, as part of this program, we established and implemented an energy conservation program designed to identify opportunities for conservation.

The major thrust of this program has been directed at manufacturing facilities where usages can be traced, wastes detected, and appropriate action taken. These are separate from a general overall corporate effort to make employees more energy conscious in every phase of their …

Solar Assisted Power Systems, A. G. Potter

UMR-MEC Conference on Energy / UMR-DNR Conference on Energy

Except for hydroelectric power, solar electric generation has not been widely used in the past to assist power system generation because of its relatively high cost. This situation has now started to change with the advent of the energy crisis as exemplified by decreasing natural gas supplies and increasing fossil fuel prices. One possible response to this situation which appears to have a relatively good chance for economic success is the utilization of wind and solar thermal energy for space and water heating loads served by natural gas or electric power. Unfortunately, a large portion of the energy collected in …

Wind Energy Concentrators, John L. Loth

UMR-MEC Conference on Energy / UMR-DNR Conference on Energy

This paper presents two alternatives to the shrouded propeller wind energy concentrator. Their operation is based on generating a low pressure area, with high local wind velocity, around the windmill rotor.

The two types of wind energy concentrators considered are: (1) the "obstruction type" concentrator where a vertical cylinder or vertical flat surface is used to produce high local velocities around two counter-rotating vertical axis rotors, and (2) the "vortex type" concentrator where a horizontal vortex is generated by a vertical high lift wing of finite span. The high local wind kinetic energy inside the vortex is harnessed by a …

Energy From Agriculture, E. C. Clausen, D. L. Million, Efton Park, J. L. Gaddy

UMR-MEC Conference on Energy / UMR-DNR Conference on Energy

During the past few years, the demand for energy and petrochemicals has grown at a pace so rapid that our reserves of fossil fuels, once considered inexhaustible, are now being quickly depleted. To help lessen this impending problem, alternative sources of energy must be rapidly developed.

Of the many new sources of energy being studied, solar energy, undisputedly, is the most inexhaustible. Energy from the sun, incident upon the earth's surface, exceeds by nearly three orders of magnitude the total energy consumption today. Furthermore, it is not subject to nationalistic boundaries and its use would be compatible with our environmental …

Energy Management In The Food Store, Paul Adams

UMR-MEC Conference on Energy / UMR-DNR Conference on Energy

Food store refrigeration is vital to the food distribution system and consumes much of the energy used in a supermarket. The manufacturers of food store display equipment have worked long and hard to develop new ideas in supermarket energy conservation. Hussmann's studies have uncovered a number of facts invaluable to anyone concerned with energy conservation in the supermarket.

The first fact is to realize that supermarkets are different from any other retail stores. They consume more energy each year per sq. ft. of store - or per customer - or per dollar sales than other retail stores and most commercial …

Osmo - Power. Osmotic Work; Energy Production From Osmosis Of Fresh Water/Sea-Water Systems, H. H. G. Jellinek

UMR-MEC Conference on Energy / UMR-DNR Conference on Energy

It is imperative that new and ecologically acceptable energy sources are made available. Solar energy is a source which seems to be inexhaustible and free of pollution hazards. One vast source, which can be considered to be a solar energy source consists of the system fresh water/sea water. Fresh water is continually removed by the hydrological cycle where water evaporates from the ocean due to solar radiation and is eventually precipitated again in the form of fresh water feeding various rivers. Fresh water and ocean (salt) water mix when rivers flow into the oceans. The different chemical potentials are equalized …

Lean Burning Spark-Ignition Engines -- An Overview, J. A. Alic

UMR-MEC Conference on Energy / UMR-DNR Conference on Energy

Means of improving the thermal efficiency of spark-ignition internal combustion engines through fuel-lean combustion at part-load are discussed. For purposes of comparison and evaluation, lean-burning engines are classified as modified conventional engines, stratified charge engines, and engines using alternative fuels. Particular attention is given to automobile applications because of their importance for conservation of fuels.

Efficiency In The Use Of Energy Has Been Effected Through Industrial Use Of Subsurface Space, Truman Stauffer Sr.

UMR-MEC Conference on Energy / UMR-DNR Conference on Energy

Our Nation, with its high standard of living made possible by industrialization, draws heavily on energy producing natural resources. Self reliance mandates the use of every measure of conservation in order to extend the yet finite supply of energy to meet our national needs. Efficiency in the use of energy has been and can increasingly be effected through industrial use of subsurface space. The use of mined rooms for industry and warehousing utilizes the natural stable underground temperature and the low coefficient of heat transfer existing naturally in the lithosperic materials of the subsurface environment. The small amount of energy …

A Vehicle For Improving Energy Management For Business And Industry, Herbert M. Eckerlin, Albert S. Boyers

UMR-MEC Conference on Energy / UMR-DNR Conference on Energy

A new technical assistance program focusing on the area of energy management has been developed by North Carolina State University for business and industry. This paper describes the operation of the program and presents some typical recommendations made to industry. The impact of the energy crisis on small industry is discussed and future plans for addressing this problem are presented.

Planned Reduction In Electrical Energy Use In Nashville - Davidson County, Tennessee: A Preliminary Assessment, Barry D. Lichter, William F. Flanagan, Robert S. Goodrich, James K. Sebenius, C. Paul Beach

UMR-MEC Conference on Energy / UMR-DNR Conference on Energy

An assessment was carried out of the impacts of the various alternative strategies designed to reduce the rate of electrical energy use in the Nashville-Davidson County area, in the light of a potential crisis in supply. Seven strategies were identified among the major categories of voluntary reduction, price regulation, and mandatory reduction. Thirty-three sub-sectors were identified among residential, commercial and industrial users, and the consequences of imposing the strategies were assessed using a cross-impact matrix. The value of the methodology as an aid to public policy formulation lies in its possible extension to allow direct participation of various affected publics.

Alternative Approaches To Energy Modeling, Alan S. Cohen, Kenneth W. Costello

UMR-MEC Conference on Energy / UMR-DNR Conference on Energy

The effects of government and private sector energy policies are varied and interrelated. Before implementing research and development programs, new technologies, environmental and price regulations, import quotas, and other energy-related policies, the consequences of these programs must be identified and quantified on a regional basis. To evaluate the regional impacts of energy policies, we need to consider production costs, transportation costs, and the location of reserves, as well as the demands for energy and nonenergy goods. Developing techniques for analyzing these factors was the objective of many previous research efforts. The strengths and weaknesses of the resulting models are discussed …