Thursday, March 18, 2010
Coal to Gasoline at $30 a Barrel or Less
BREAKTHROUGH!
Energy Tribune - Texas Breakthrough on Coal to Gasoline
Globe and Mail - Texas university has eureka moment for coal-to-gas
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.
Researchers at the University of Texas at Arlington (UTA) announced last month that they have developed a clean way to turn the cheapest kind of coal - lignite, common in Texas - into synthetic crude. “We go from that [lignite coal] to this really nice liquid,” Brian Dennis, a member of the research team, said in describing the synthetic crude that can be refined into gasoline.
‘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.’
This is great news! Time to turn the 800 Billion Dollar faucet in the Middle East off. Time for the United States to become energy independent. NO EXCUSES!
Texas lignite coal sells for $18 a tonne. The coal conversion technology uses one tonne of coal to produce 1.5 barrels of crude oil. 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.
Blogging • Energy • National Security • The Economy • Permalink
