U.S. almost energy rich: but for how long?

The United States energy industry is evolving quickly (but not congress’s ability to come to an agreement concerning climate change). The global price of oil per barrel is $70 higher compared to back in 2004. As a result, even though the U.S.’s domestic oil production has risen over the past two years (from 5.5 million barrels a day to 7.5 million), their annual bill for importing oil has skyrocketed to $365 billion.

Why?

All signs points to wasteful consumption habits. Americans simply take too much for granted. Companies focus more on profits than manufacturing conversion efficiencies, or utility bills, or energy alternatives.

The shale gas bubble in the U.S. has caused the domestic price of gas to drop from $10 per million cubic feet in 2010 to less than $4 million today. If car manufactures were to replace their gasoline and diesel engines with ones that ran on compressed gas, Americans could be paying as little as $0.50 cents a gallon. Imagine that!

Conventional power providers now fear that their coal-fired and nuclear plants are fast becoming extinct. Worse yet – their former customers might even become competitors, generating electricity for sale from new technology like the SH-Box by NRGLab – a portable generator capable of producing electricity for as little as $0.03 per kWh.

The U.S. government has barely addressed this impending energy revolution. Neither the Obama administration nor opposing Republicans have presented a clear-cut plan for how best to utilize the country’s newfound abundance of energy resources. A comprehensive reform of current energy policies must be conducted, while new policies that revitalize middle-class jobs must be passed.

But without a plan, will the U.S. allow this potentially world-changing opportunity to slip through their economic fingers?

While the rest of the world sits idly by and waits, NRGLab is striving towards a greener future with an array of innovative energy projects. From the aforementioned SH-Box, to the SV-Turbine for the gasification of agricultural waste, NRGLab is prepared to face the diverse problems we’ll surely face in the future.

For more information, visit nrglab.asia.


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More fracking protests in England

On Monday, a high court in West Sussex, England, upheld protesters’ rights to camp outside of a potential fracking sit in Balcombe, saying they can stay until early October. Residents of the small, Mid-Sussex village have recently been evicted to make way for yet another fracking operation. Big machinery. Manpower. No room for the indigenous population, apparently.

How many lives have to be uprooted for a country to stay competitive on the global energy market?

The court ruled that the eviction notice handed down by the local council was flawed, and therefore, additional hearings will be held until a judgment is reached. Hundreds of protesters have been camping out at the site over the summer, with crowd numbers soaring into the thousands during the most intense protests.

Cuadrilla Resources, an oil and gas company based out of the United Kingdom, is currently seeking to explore for oil in Balcombe. But the protests are only the most recent setback for the company which, over the years, has endured a series of them in the UK. Back in 2011, earthquakes at their Blackpool fracking site forced a shutdown that last over a year.

The judge has adjourned the Balcombe case until October 8th, when the local council will have to decide if the public backlash is worth proceeding.  While many support the protest and oppose fracking and, others are aggravated by protestors camping out in their backyards.

"We are delighted to see sanity and justice prevailing for the Balcombe protectors,” says Vanessa Vine, a local resident and protestor. “When will West Sussex county council take action to evict those who are genuinely posing a threat to the local community – those within the gates of the drill site who are putting us at grave risk, for short-term ecocidal corporate gain?"

NRGLab has been asking a very similar question. But until justice is done, we’re determined to offer cost-effective, environmentally friendly solutions to today’s energy crisis. We believe energy independence shouldn’t jeopardize familiar stability. If anything, it should make the family stronger by providing them with self-sufficient means of producing electricity for lighting and heating their homes.

If you’d be interested in something like the SH-Box – a carbon free, polycrystalline generator capable of producing electricity for as little as $0.03 per kWh – or the SV-Turbine – for the gasification of biofuels into clean, useable fuel – visit nrglab.asia, and review our slate of energy projects.

You can help create a better tomorrow.


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