Rest In Peace, old friend, your work is finished..... 
If you want ON or OFF the DIESEL ”KnOcK” LIST jut FReepmail me..... This is a fairly HIGH VOLUME ping list on some days.....7,000 construction jobs
So is the epa going to stop construction and the sierra club sue over inch of pipeline needed to supply product to market?
Sounds like a lot more goes into the conversion than what comes out.
Disclaimer - I'm no chemist, scientist or even an intellectual.
Just a guy that reads ...
Good!
Can I get a rig to do this at home?
Noted in the tone of the article..cost overruns, only in use in a few places, can only supply 1%...etc. What a bunch of whiners.
Good for Governor Jindahl and Louisiana. Are those construction jobs union or is La. a ‘right to work’ state?
With risk comes reward...the first new ‘refinery’ in decades. I wish them well. I’ve never been keen on driving a car driven on nat. gas...if they can get a liquid product, that will solve my issue.
Rest In Peace, old friend, your work is finished..... If you want ON or OFF the DIESEL ”KnOcK” LIST jut FReepmail me..... This is a fairly HIGH VOLUME ping list on some days..... Rest In Peace, old friend, your work is finished..... If you want ON or OFF the DIESEL ”KnOcK” LIST jut FReepmail me..... This is a fairly HIGH VOLUME ping list on some days.....In addition to this petrochem project is a new casino resort construction project just across the lake. Things will boom in the area for a while and push rental housing costs up.
What a WASTE!! Natural Gas has much higher value than converting it to liquid. It is the perfect fuel for heating and cooling buildings and providing feedstock to petrochemical plants.
Coal is not effective for either of those uses, but is abundant.
Sasol has good coal liquefaction technology and could apply that rather than their gas-to-liquid technology.
“Only a handful of gas-to-liquid plants operate commercially in Malaysia, South Africa and Qatar, and they collectively produce a bit more than 200,000 barrels of fuels and lubricants a day — the equivalent of less than 1 percent of global diesel demand.”
Why bother? I got an idea: Drill baby drill.
This has been done before. Founded by Sam Mosher in 1922 as the Signal Gasoline Company, Signal was originally a California company that produced gasoline from natural gas.
137 EPA jobs
387 Justice Department jobs
14 Department of wild life and Fisheries jobs
We are almost literally awash in hydrocarbons from which we can refine suitable liquid fuel products. The only issue is if the spread between the cost of the hydrocarbon feedstock and the probable selling price is low enough to justify the capital investment and the cost of conversion. This company thinks it now is but notice the author calls this decision “an ambitious bet”.
The economist Franz Oppenheimer observed there are only two ways of gaining wealth. He called one way the “economic means” by which he meant free exchange of value. He called the other way, the “political means” by which he meant government coercion, subsidy, rent seeking, regulatory capture, etc.
I would add that this GTL project is an “ambitious bet” because with increased socialism a capitalist not only has to deal with economic risk, that is being that the project will suffer from unforeseen costs and delays, but we must now add “political risk”, that being unforeseen regulatory decisions and litigation based on specious legal theories.
The only people who would put their money at risk are those who have a very high expectation of success and where the rewards of the project are very high. This means that as the level of political risk increases, the number of projects that people are willing to fund greatly diminishes.
And we wonder why there are no jobs.
Louisiana is a good place to build this.. it’s already stanky in many spots.. fortunately, it’s natural gas and not coal.. them plants are pretty smelly too.. spent a month at a Sasol op., in the TRansVaal , a coal to gasification project, big ‘un too, upwind, it’s great, downwind,, whewwww.
what price jobs tho? sad we have to seek out foreign expertise , can only imagine the legal hassles ahead regardless.
What will stop the EPA from sabotaging this project? This is a great project that we need more of the same. But the Federale parasites in DC are jealous of such bold private sector projects. Are jealous of the producers in America