Saudi's cost of extracting a barrel of oil is in the 25¢ range.
If this starts to really work the price of petroleum will drop to just below the break even point for "Thermoleum", until the Thermoleum producers are bankrupt, and the facilities are broken up for scrap metal.
Then it's back to $40/bbl. (Maybe I should trade mark Thermoleum™)...
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I think that currently al queda terrorists are working overtime at giving the alternate fuels industry job security. so who do you believe in more:-?
You are very right, and if this process was just for turkey guts, it would be on target.
It can be used (so they say) for any organic material. Used baby diapers, computer boards, sewage, yard waste, tires, plastics, or anything.
Because of the process temperatures, bacterial or viral contamination is nonexistant (the temperature breaks down all organic material). Sewage into oil. Old tires into oil. Medical waste into oil. Paper into oil. Etcetera, etcetera and of course etcetera.
The belief of the creators of the technology is a barrel production cost of possibly $7 at full scale production. If the Saudis want to have gas at $0.10 per gallon, cool. And if they put it up over $0.35 we can renegotiate by putting more sewers online...
Competition, it is the best way.
DK