Monday, March 06, 2006

Renewable Energy Powering Fossil Fuel Extraction

Oil and Natural Gas extraction operations are starting to use renewable energy for power needs such as pumps. This preserves valuable liquid hydrocarbon fuels. -- Jeffrey Goettemoeller
WorldOil.com - Online Magazine Article: Columns - Feb-2006:
"Thus, alternative fuels entered the oilfield - photovoltaic, hydrogen and wind. If oil and gas could be preserved, then more hydrocarbons could be sold for a profit in the continuing high-price environment. Conservation and enhanced recovery improve the lifetime productivity and ultimate return from producing assets. It makes good business sense."

No comments: