COMPRESSED FACTS
VR Systems, Inc.
June/July 2000
Published 07/31/01
For Print Copy (MSWord 97)Click Here
Control Panels Manufactured In-House by VR Systems
Calculate Your Greenhouse Success
OPEC Agrees to 3% Rise in Oil Output
RRC Schedules Industry Hearing
API Addresses House, Senate on U.S. Gasoline Market
Regional Gasoline Cost Calculator
Headquarters: 2408 Mercury Ave., Odessa, TX, 79763 (800)478-0011 Sales Office: 13310 Leopard St., Ste.6, Corpus Christi, TX 78410 (361)241-5348
Have You Bookmarked GASCOMPRESSOR.COM? Back to Top
If you are interested in staying up-to-date on the Henry Hub and West Texas Intermediate closing prices, bookmark http://www.gascompressor.com. There you'll find prior day's closing prices for the Henry Hub and WTI.
Control Panels Manufactured In-House by VR Systems Back to Top
At VR Systems we have always made it our Number One Priority to provide for all of a customer's needs which can include custom manufacture of electric, pneumatic or PLC control panels for the compressor skid. VR Systems custom manufactures control panels in-house using whichever PLC logic controller the customer desires.
Quality PLC's like Allen Bradley, PLC Direct and others are used. Available features include automatic start/stop capabilities, remote monitoring, automatic speed control and others to meet application requirements.
Since VR Systems programs its' own logic to meet the customers requirements, no other control panel manufacturer needs to be present at start-up. The VR Systems start-up technician can accomplish all testing and modifications to the control logic and functions.
For questions regarding your application and a control panel which meets your application's needs, call VR Systems at (800)478-0011 or (361)241-5348.
Calculate Your Greenhouse Success Back to Top Source: EPA's LMOP If you have a landfill gas project that converts landfill gas into electricity, you are producing a greenhouse gas environmental benefit. For each 1MW of generation capacity (requires approx. 0.4 mmscf/day of landfill gas), the greenhouse gas environmental benefit is approximately equivalent to one of the following...
 | Taking 8,800 cars off of the road |
| Planting 12,000 acres of forest |
| Offsetting the use of 200 railcars of coal |
| Preventing the use of 93,000 barrels of oil |
If your project uses landfill gas directly (e.g., in a boiler) or injects treated landfill gas into a natural gas pipeline, you are producing an environmental benefit. For each 1mmscf/day of collected landfill gas (or 0.5 mmscf/day of methane) the greenhouse gas environmental benefit is approximately equivalent to one of the following...
| Taking 18,000 cars off of the road |
| Planting 25,000 acres of forest |
| Offsetting the use of 400 railcars of coal |
| Preventing the use of 200,000 barrels of oil |
Use the following equivalencies to calculate the greenhouse gas environmental benefits that you can achieve by using landfill gas energy.
Source Tons of CO 2
Annual CO 2 Emmisions of 1 vehicle = 5
Annual CO 2 Sequestered by 1 acre of forest = 3.7
CO 2 released per railcar of coal (120 tons/railcar) = 223
CO 2 released per barrel of oil (distillate fuel) = 0.47
For more information visit the EPA's site at: http://www.epa.gov/lmop. Back to Top
OPEC Agrees to 3% Rise in Oil Output Back to Top
Source: By Bruce Stanley Associated Press- OPEC members agreed on June 22, 2000 to boost official crude oil production by 3 percent, a move unlikely to provide motorists with relief from record-high gasoline prices in the United States.
After an unusually brief 90-minute meeting on the evening of June 22nd in Vienna, a spokesman for the Organization of Petroleum Exporting Countries said 10 OPEC members voted to increase the group's daily quota by 708,000 barrels. It was the second time in three months that the cartel voted to step up production to stabilize prices.
Members will begin pumping more oil beginning July 1, OPEC Secretary General Rilwanu Lukman told reporters.
Oil prices rose on world markets, and analysts said they expected that the increased production limits would have little substantial impact on U.S. gasoline prices through summer months. The main U.S. crude oil, West Texas Intermediate, rose 72 cents Wednesday on the New York Mercantile Exchange, where contracts for August delivery closed at $31.37 a barrel. On Tuesday, when the July contract expired, the price for oil short-term delivery closed at a three-month high of $33.05 a barrel.
OPEC's official oil quota, not including Iraq, is now 24.7 million barrels a day. It will increase in July to 25.4 million barrels. Back to Top
RRC Schedules Industry Hearing Back to Top
Source: Midland Reporter Telegram The Texas Railroad Commission has scheduled its 51st annual State of the Oil & Gas Industry Hearing for July 19.
The hearing is an annual event that provides members of the oil and gas industry an opportunity to address specific problems and concerns and offer suggestions for improving the way the Railroad Commission conducts business.
The State of the Oil & Gas Industry meeting is set for 9:30 a.m. in Room 1-111 of the William B. Travis Building at 1701 N. Congress Ave. Registration for speakers will begin one hour prior to start of the meeting, and five copies of the speech are required for Railroad Commission records. Back to Top
API Addresses House, Senate on U.S. Gasoline Market Back to Top
Source: American Petroleum Institute 6/28/00---An effective national energy policy--still fully protective of the environment--would make it possible for the oil and natural gas industry to better serve the consumer and it would reduce the risk of market volatility, the president of the American Petroleum Institute told Congress today.
In testimony Wednesday, June 28th before the House Judiciary Committee and the House Committee on Government Reform, and testimony scheduled Thursday before the Senate Government Affairs Committee, Red Cavaney, API's president and CEO said that API members understand consumer concerns about the recent higher gasoline prices. " The industry has been working hard to ensure consumers have a readily available and affordable fuel supply--and the historical record attests to their success in that regard," Cavaney said.
Four key key market components have affected current supplies and prices:
| World crude oil prices have sharply risen, the result of a decision by OPEC and several other foreign producers to remove millions of barrels per day of crude oil off world markets while demand was increasing. Excluding taxes, crude oil accounts for about 60 percent of the cost of gasoline, Cavaney said, and the crude oil costs rose 35 percent over the past two months. |
| Gasoline inventories have been lower than usual. With crude prices high, companies have built inventories more slowly. And prior to June 1, companies were clearing storage tanks of winter-time fuels to accommodate the new cleaner-burning gasoline, when some shortfalls were experienced in the Midwest due to a pipeline rupture and other problems. Imports into the region are critical because Midwest refineries make less than 85 percent of the gasoline consumed there. |
| Demand for gasoline has been increasing, as it usually does during the beginning of the driving season, and even more than usual in the Midwest according to the Department of Energy’s Energy Information Administration (EIA). |
| The new difficult-to-make, cleaner-burning gasoline, introduced on June 1, costs more to
manufacture everywhere, but special problems developed in the Midwest, where ethanol is
the customer’s preferred oxygenate. Refiners weren’t able to make quite as much
special base fuel as quickly as needed, tightening supplies and pushing up prices. Today’s gasoline supplies have not been enough to meet demand at the record low prices that consumers enjoyed not long ago for all these reasons, Cavaney said. “That’s why prices rose,” he said, noting that recent government reports by the Congressional Research Service and the EIA have reached the same conclusion. Cavaney also noted that spot market gasoline prices for the Chicago market started falling on June 7, less than a week after the new gasoline was introduced, and have fallen 30 percent since that time, as additional product was moved into the marketplace. Prices at the consumer level typically follow such reductions at varying intervals, he said, depending on how much higher-priced product is still in the system and other factors. Pump prices already are beginning to decline, he said. Cavaney told the congressional committees that the current situation underscores the need to revisit U.S. national energy policy in at least four critical areas: |
| Greater access to government lands is needed to find and develop more domestic oil and natural gas resources and to reduce our reliance of 55 percent on foreign oil; |
| More access to a wider range of sources of foreign oil supplies is needed; |
| Coordinated implementation of the environmental rules impacting consumers and the industry are also needed; and |
| Expedited permitting for building or modernizing facilities for the manufacture and delivery of gasoline, diesel fuel, natural gas and heating oil to consumers is vital. Unreasonable delays in governmental approval for the construction of new pipelines or modernization of refineries only make it more difficult for companies to deliver their product at a time of high demand for oil and natural gas. Back to Top |
Regional Gasoline Costs Back to Top
Source: Energy Information Administration If all the talk about the cost of gasoline is leaving you wondering what you spend on gasoline or you are planning a summer road trip, there is a site just for you. The Energy Information Administration has a Regional Gasoline Cost Calculator on it's site that compares the cost of driving different vehicles for a year using current prices. Click on the above link to calculate the cost of driving your vehicle. Back to Top
Butadiene for Plant Application in Louisiana: Design Conditions: 2-60 PSIG (1150 SCFM); Process: Butadiene; Package Description: (1) 200 HP electric motor driving a Fuller Bulk Handling CC200 rotary vane compressor.
Control Panels Manufactured In-House by VR Systems, Inc.
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Compressed Facts is published monthly by VR Systems, Inc., 2408 Mercury Ave. Odessa, Texas, 79763, strictly for customers and vendors of VR Systems, Inc. Send any contact e-mail address changes or updates to: VR Systems, Inc., 13310 Leopard St., Ste.6, Corpus Christi, Texas, 78410 or e-mail to cayala@gascompressor.com Comments are welcomed and should be addressed to the editor at the above e-mail or by phone at (361)241-5348 or fax (361)241-5386.