Welcome to PatsFans.com

Texas university has eureka moment for coal-to-gas

Discussion in 'Political Discussion' started by patsfan13, Oct 11, 2010.

  1. patsfan13

    patsfan13 Hall of Fame Poster PatsFans.com Supporter

    Joined:
    Jan 4, 2005
    Messages:
    24,915
    Likes Received:
    111
    Ratings:
    +252 / 8 / -12

    We can get away from inporting any oil or gas:

    Texas university has eureka moment for coal-to-gas | Global Petroleum Forum




    Process can also be applied to oil & tar sands, we have trillions of ballels of reserves. Oil is currently selling for $80/bbl.

    With Breeder reactors we can produce electricity cleanly why are we destroying our economy?
     
  2. PatriotsReign

    PatriotsReign Hall of Fame Poster

    Joined:
    Jan 15, 2007
    Messages:
    26,762
    Likes Received:
    148
    Ratings:
    +415 / 4 / -15

    #18 Jersey

    This "sounds" awesome! The only thing that concerns me is that coal is at $18/ton now, but if this technology were to be successful, it would drive demand for coal sky-high and the price per ton would quadruple quickly.

    Nothing is that easy PF13.
     
  3. patsfan13

    patsfan13 Hall of Fame Poster PatsFans.com Supporter

    Joined:
    Jan 4, 2005
    Messages:
    24,915
    Likes Received:
    111
    Ratings:
    +252 / 8 / -12



    True that however we should move to nuclear plants to generate electricity. This would reduce coal demand. Also the supply of coal is plentiful which also would contain the costs involved. The supplies of coal and tar sands available for conversion is in the trillions of bbls enough for hundreds of years (hopefully someone figures out fusion along the way).

    Given the differential between the $28/bbl from this process and $80/bbl crude price, there is a lot of room to deal with process cost and increases in coal/tarsands cost. $50/bbl oil would be a huge boon for the economy and would castrate certain enemies of this country economically.
     
  4. PatriotsReign

    PatriotsReign Hall of Fame Poster

    Joined:
    Jan 15, 2007
    Messages:
    26,762
    Likes Received:
    148
    Ratings:
    +415 / 4 / -15

    #18 Jersey

    I agree it has huge potential...but I'll hold off on getting too excited until I see it become reality.
     
  5. reflexblue

    reflexblue PatsFans.com Supporter PatsFans.com Supporter

    Joined:
    Aug 11, 2006
    Messages:
    17,408
    Likes Received:
    50
    Ratings:
    +167 / 5 / -1

    #91 Jersey

    I hope they're right 13
     
  6. sdaniels7114

    sdaniels7114 Experienced Starter w/First Big Contract

    Joined:
    Jan 2, 2006
    Messages:
    5,742
    Likes Received:
    7
    Ratings:
    +7 / 0 / -0

    They spend not much more than $10 per barrel to find it and pump it out in the Middle East. So those guys ain't going anywhere as oil producers.

    Hopefully this will bring the price down and drive a serious economic expansion in, I'd guess, a decade or so assuming they can carry the tech out of the lab and into the field.

    Its nice to think I'll never have to ride a horse to work, though.
     
  7. PatriotsReign

    PatriotsReign Hall of Fame Poster

    Joined:
    Jan 15, 2007
    Messages:
    26,762
    Likes Received:
    148
    Ratings:
    +415 / 4 / -15

    #18 Jersey

    Seriously....I was hoping the same thing!
     
  8. patsfan13

    patsfan13 Hall of Fame Poster PatsFans.com Supporter

    Joined:
    Jan 4, 2005
    Messages:
    24,915
    Likes Received:
    111
    Ratings:
    +252 / 8 / -12

    Side benefit where do the rare earth minerals needed for hybrid car batteries come fom> China.....

    This is a technology we shold be funding to see how rapidly it can be deployed.
     
  9. PatriotsReign

    PatriotsReign Hall of Fame Poster

    Joined:
    Jan 15, 2007
    Messages:
    26,762
    Likes Received:
    148
    Ratings:
    +415 / 4 / -15

    #18 Jersey

    We should also fund a covert operation to steal all the rare-earth minerals from China!:D

    just kiddn'....kinda
     

Share This Page

unset ($sidebar_block_show); ?>