The other process was developed by a company in Texas.
Supposedly the cost to make a barrel of gasoline was $25 for the Texas process. That would not include the cost of the natural gas, but in some oil producing fields, the "natural gas" is discarded as it is not feasible to build pipelines.
We may actually use Unicorn Farts!...............
I’m constantly amazed by the problems american can solve and the improvements and advances we can seemingly make out of the blue.
The economy is in a race. On one hand, we have the dead hand of Government and the Fed, taking our increased productivity through inflation, taxes and destructive debt for spending
On the other hand, we have constant technological and productivity gains in the wider economy, which keep our standing of living afloat in the face of theft from the other side.
Eco-weenies heads are going to EXPLODE!.........
Ping
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.....
If the process was as economic as they claimed, in the past 5 years they would have built more than the original pilot plant. They have not.
http://www.synfuels.com/Plant.html
I must admit I’ve never heard the term “a barrel of gasoline” before.
Works out to $0.60 for the catalyst process, per gallon.
Figure a similar amount for the raw gas.
Net cost around $1.20 per gallon.
I’d say this is economical, if you belive that oil itself does not suddenly become cheap or natural gas become expensive.
I had not heard about this process. Thanks for posting, topher.
Do you happen to know how many mcf (1,000 cubic feet) of natural gas it would take to make a barrel of oil involving this new process?
ping
Supposedly the cost to make a barrel of gasoline was $25 for the Texas process. That would not include the cost of the natural gas, but in some oil producing fields, the “natural gas” is discarded as it is not feasible to build pipelines.
............
You can see pictures from space of the huge flare off of natural gas being done in Eagle Ford and the Baaken formation.