Hook'em!
Posted on 10/11/2010 5:37:32 AM PDT by Red Badger
Are we sure this won’t go the way of the 100 mpg carburetor....
Profit margin is there even taxes to sell for a 1$ a gallon.
EPA vampires must die before this gets on the market IMO.
Stay Safe.
>>> One barrel of crude produces 42 U.S. gallons of gasoline.
No. A barrel of crude produces on average about 19 gallons of gasoline.
IMHO, China is a much, much bigger threat. I've worked in the Kingdom twice. My impression was if you take away their easy money they would collapse to a 7th century existence in about 2 generations. The best way I've heard it described is the Saudis all wear Rolex watches, but none of them know how to tell time. Take away their oil market and that threat is eliminated. Iran, too, for that matter. They are sitting on huge oil reserves, but can't even refine enough of their own gasoline to suit their own needs without outside western help. If all the Chinese ever get moving in the same direction, though, the world is in big trouble.....
One barrel of crude produces 42 U.S. gallons of gasoline. In other words, $18 worth of coal yields 63 gallons of gasoline: 0.28 cents a gallon.
Is Rick Billo saying that the converted lignite produces a barrel which is total gasoline [42 gallons] as opposed to a barrel of crude coming from an oil well which will produce much less than 42 gallons of gasoline? In other words he is getting no by products from this conversion. This statement he makes needs an explaination but is great if correct as he stated.
2000 pounds of coal to produce 450 pounds of gasoline? I’m not impressed with the yield.
“No worries, prices will NOT come down.”
No fooling. The easiet product to refine, the LEAST refined, the first thing off of the cracking tower, and it runs 30 to 40 cents HIGHER than unleaded.
Go figure.
A large swath of S. Illinois coal was destroyed by oil exploration. The drilling encountered brackish water below the coal seam and the holes were never filled.
I’ve read the reports from them before. I think the process is economical but the reporting in this article is HORRIBLE.
The $0.28/gal is only the coal cost. In the paragraph above the listed 28.84 to process the coal.
Why was this ignored?
Straight run gasoline cannot be used in US vehicles. I suspect that when all requirements are met they would be near $2/gal. Economical if correct, but you still need EPA approval.
I would expect a major company to build a pilot project in 5 years to prove the commercial sized economics if permits can be obtained.
Just think about how many pounds of mash and other ingredients are needed to make a quart of moonshine...........
Isn’t a barrel 55 gallons?
...thus, we have Obamacare...................
You see it as I do. The article doesn’t hang together.
But maybe the authors of the article have not properly explained the process. We need to see something from the researchers themselves.
That’s a “drum”..............
Carbon monoxide plus hydrogen has been used to make synthetic fuel for more than 70 years, I wonder what their breakthrough is?
It takes more than just cracking coal. Coal does not contain enough hydrogen alone to make most petroleum fuel.
A water/gas shift reaction is also required.
Shhhhhhhhhhhhhhhhh! LOL
You can burn coal, after some processing, directly in a diesel engine. There was a somewhat successful demonstration of this process with the Low Rank Coal Water Fuel (LRCWF) project. It started at the University of Alaska and now they are trying to work out the process in Missouri:
If interested, just Google “coal water fuel” and you will find more info. It seemed promising and I am not sure why it didn’t get funding, but it was probably internal Dept. of Energy politics that killed it.
Oil is sold by the blue barrel which is 42 lbs. Google the origin of that measure, it’s interesting.
55 gallons is a drum, not a barrel.
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