This is supposedly a different "new" GTL process. I don't think the $25-barrel gasoline claim sounds like an economic hurdle.
According to my thumbnail calculations, that's a wholesale price of 59 cents.
I don't think their cost estimations from the small scale pilot project turned out to be correct when enlarged to commercial production sizes.
Do you honestly believe that is a true number and five years later, no company in the entire world has bought the license and started building a plant? Really?
Sorry, make that 11 years.
http://www.newtechmagazine.com/index.php/daily-news/archived-news/2129-synfuels-international-texas-a-m-develop-portable-gtl-process
Published on 2002-09-26