Turning Coal Into Gasoline


	Turning Coal Into Gasoline

muckdog

7-14-2008 9:40 PM

197 views

muckdog says:

Drilling for more oil may only be a temporary fix, but read down the article for the possibility of turning coal into synthetic fuel, as South Africa does.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/6033bcda-aef2-4b9a-802b-4c3139663085/289CB9AF-CEAA-4733-95FA-503D809712E6/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.ibdeditorials.com/IBDArticles.aspx?id=300928134564314" href="http://www.ibdeditorials.com/IBDArticles.aspx?id=300928134564314" style="font-size: 11px;">www.ibdeditorials.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.ibdeditorials.com/IBDArticles.aspx?id=300928134564314"><P>Well, we're also the Saudi Arabia of coal, but Pickens mentions coal not at all. The U.S. has 27% of the world's recoverable coal. A ton of coal can generate two barrels of synthetic oil.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.ibdeditorials.com/IBDArticles.aspx?id=300928134564314"><P>On that basis, as the New York Times pointed out a few years ago, "the coal in the ground in Illinois alone has more energy than all the oil in Saudi Arabia."</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.ibdeditorials.com/IBDArticles.aspx?id=300928134564314"><P>This technology is in use today in South Africa, where three coal-liquefying plants produce about 150,000 barrels of oil a day. At the above conversion rate, America's coal reserves are equivalent to 20 times our proven crude oil reserves. Liquefied coal could solve our liquid energy needs for the next two centuries. </P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/289CB9AF-CEAA-4733-95FA-503D809712E6/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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