Originally Posted by
rickair7777
$10 of coal yes. But how much $$$ in equipment, manpower, and most significantly ENERGY to drive the conversion process?
$40-$45/bbl inclusive.
http://www.futurepundit.com/archives/003453.html
I doubt we'll see that price point ever again, so seems like a win-win. Liquefied coal-to-fuel actually burns cleaner than other fuels because they take the sulfur out from my understanding. I think you're referring to the University of Pennsylvania study, correct?
Good points about the private sector not wanting to invest in CTF plants. Although I disagree with OPEC flooding the market. They are already pumping out as much as they possibly can for the most part.