Enhanced Oil Recovery, Secondary, and Tertiary Recovery

Did you know that much of the oil in the ground is still present after primary recovery? In the king’s english that means there is still a lot of oil left in a well even after 10 years of pumping. The reason oil production slows is that the natural drive that once pushed oil aggressively towards the wellbore has subsided. Normally, the natural drive is either water or gas in the formation. In this article, we look to explain some of the common enhanced or secondary/tertiary methods of oil recovery.

With oil hitting new highs every day, it is clear the cost benefit of utilizing technology to get at extra production makes sense. When oil was in the $10-20 range, the incremental cost of some enhanced oil recovery methods did not make economic sense.

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Specialty Motor Oil Protects Cars From Ethanol

Since President Bush announced an agenda for weaning the country from dependency on foreign oil, new ethanol plants have been popping up across the nation.

Ethanol demand is rising. If you fuel your car in the U.S., you are putting ethanol in your gas tank because regular gasoline now contains at least 10 percent ethanol. And many gas stations are replacing their mid-grade gasoline with E85, which is 85 percent ethanol.

The strategy seems to be working. According to Bob Dinneen, president of the Renewable Fuels Association, the U.S. has already reduced its fuel consumption considerably.

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Deciding Whether To Invest In Oil Stocks

The decision to invest is confusing in general but when you are deciding on very particular stocks, it takes a significant amount of research in order to feel confident in your choice.

One popular choice of investment is that of oil stocks; the reasons for its attractiveness are incredibly diverse. And deciding whether you want to involve yourself in this particular industry is a very personal choice.

Oil stocks are generally thought of as a safe and consistent investment. The need for oil will never dissipate; the theory is that oil stocks will continue to hold their value because of the demand for the product.

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How Does The Price Of Oil Affect The Stock Market?

Ever since the price of crude oil started growing there has been talk about the price of oil affecting the share market and your investments. Now if you think about it logically it does sound like it would make an affect. If it costs a company more to run the company because oil prices are changing then it sounds like it would affect the share price. Same goes for the idea that people will be less or more likely top purchase shares in a company that has something to do with oil. So for instance would you invest in a company which sold hose sockets if you were in a draught? However is this theory about crude oil price affecting the share market actually real?

The rational behind this theory is that because many companies freight their products, they have to pay more to transport the products when price of oil goes up so does the transportation cost. This of course drives up the price of the product. So if the company wants to keep the price of their product at the same level, there will be less corporate profit and the share prices will go down after that. Makes sense right? Well maybe not!

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