[Mulch]

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I was wondering how long it would take for someone to realise we could turn coal into fuel.

The technology is here and has been for decades.
Folks in South Africa do it every day.
The main thing is to make it economically feasable.

USA is the like 50 Arabias as far is coal is concerned.

For further reading I would refer you to:
http://www.sasol.com

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Sasol produces 1,5 billion barrels of synthetic fuel from coal in fifty years more >>>
24 August 2005

Sasol has produced almost 1,5 billion barrels of synthetic fuel from about 800 million tonnes of coal since the first sample of synthetic oil from coal was produced fifty years ago at its Sasolburg plant near Johannesburg in South Africa on 23 August 1955.

Regarded as a world technology leader in the production of coal-to-liquids (CTL), Sasol operates the world's only commercial scale synthetic plant at Secunda, where it produces 150 000 barrels of liquid fuel per day.