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To: Red Badger
The United States alone has 30 per cent of the world's reserves, and scientists in Texas say they have found a way to convert coal into gasoline at a cost of less than $30 (U.S.) a barrel - with zero release of pollutants.

I don't know about the pollution free part, but the Germans were converting coal to gas during WWII. This is not new tech.

11 posted on 10/11/2010 5:50:47 AM PDT by magslinger ('This is a United States Marine Corps FA-18 fighter. Send 'em up, I'll wait!')
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To: magslinger
...the technology uses "micro-fluidic reactors" that convert coal to synthetic crude at a fraction of the cost incurred with traditional conversion methods - and in a fraction of the time...............
26 posted on 10/11/2010 6:01:58 AM PDT by Red Badger (No, Obama's not the Antichrist. But he does have him in his MY FAVES.............)
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To: magslinger
This is not new tech.

Around the turn of the 20th century it was called "city gas"...

51 posted on 10/11/2010 6:34:12 AM PDT by Thermalseeker (Stop the insanity - Flush Congress!)
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To: magslinger
I don't know about the pollution free part, but the Germans were converting coal to gas during WWII. This is not new tech.

It's not new tech. The key is the cost of conversion.

Bring the cost of coal-to-gasoline down below the current price of gasoline, and you set a ceiling on oil prices, and render us immune from Arab oil extortion. (This is why the Obama administration will suppress development)

111 posted on 10/11/2010 8:08:36 AM PDT by PapaBear3625 ("It is only when we've lost everything, that we are free to do anything" -- Fight Club)
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To: magslinger
I may be mistaken, but I believe that during WWII, the Germans produced 85% of their petroleum from coal.
115 posted on 10/11/2010 8:25:19 AM PDT by quadrant (1o)
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