Originally posted by Rolex
MEMORANDUM:
TO: Mr. Holden McGroin
FROM: Rollie 'Slick' Rolex
Public Relations Director
Snake Oil Corp.
RE: Shale oil
Dear Mr. McGroin,
Thank you for your enquiry...
Sasol produces liquid fuel from Coal in South Africa. Shell and Sasol are competing for a contract with the Chinese to build a coal liquification project in China. A pilot plant in Wyoming's Wind River Region is currently producing liquid and gas fuel from coal.
With oil prices more than doubling the break-even point of producing synthetic fuels, oil companies and world leaders are beginning to take a serious look at the future of Fischer-Tropsch fuels. Montana's Governor Schweitzer predicts they could be produced at a cost of about $1 per gallon in Montana if large-scale commercial plants could be developed in the state.
Fischer-Tropsch can be used on oil shale as well. In 1912, the President, by Executive Order, established the Naval Petroleum and Oil Shale Reserves. This office has overseen the U.S. strategic interests in oil shale since that time. The huge resource base has stimulated several prior commercial attempts to produce oil from oil shale, but these attempts have failed primarily because of the historically modest cost of petroleum with which it competed.
Canada has 280 billion bbls of oil in tar sands of Alberta. This is larger than Saudi reserves.
Seems like you went to a great deal of trouble to write off alternate sources of hydrocarbons, something that is going to happen whether you like it or not.
Originally posted by sixpence We need technology to catch up where we can burn and dispose of it cleanly. Burning coal is deadly.
Currently the USA burns a little over 1.1 billion tons annually, providing about as much electrical energy than Oil, Gas, Nuclear, and Hydro combined.
Coal use has steadily increased, and since the clean air act, steadily become cleaner.