Big Oil is about to meet its match!

Big Oil is about to meet its match!

www.lanl.gov

LOS ALAMOS, N.M., February 12, 2008 -- Green Freedom™ for carbon-neutral, sulfur-free fuel and chemical production

["Our concept enhances U.S. energy and material security by reducing dependence on imported oil. Initial system and economic analyses indicate that the prices of Green Freedom commodities would be either comparable to the current market or competitive with those of other carbon-neutral, alternative technologies currently being considered," said F. Jeffrey Martin...]

(visit the link for the full news article)


Related News Links:
www.engadget.com
www.sciencedaily.com

Funny thing is I found this completely by mistake, [off topic for a sec] I was playing Alpha Centauri and I saw the synthetic fossil fuels tech, so I had to google it.

Back on topic, this is the proverbial middle finger to OPEC and all those other price gouging heathens, once this goes public, oil will have a competitor. Of course we still have to overcome the hurdles of car compatibility, so thats sucks...
Gotta keep an eye on this, if anyone has contacts in the media, make this known.

well heres some more articles into this, I'm gonna research this more.

www.lanl.gov
(visit the link for the full news article)

How long did it take to develop the Atomic Bomb?

How long to get a man on the moon?

How come we can't develop an engine that runs clean on something other than freakin' oil???

He Joe, interesting concept. Thanks for posting it.

Not sure my head is around this yet but does this mean we could run coal powered generation and somehow treat or harvest energy from the CO2 exhaust as well ?

Help me to understand if you can ?

not quite sure, like I said, I just stumbled upon it and it was released just yesterday, but from my understanding it sounds like it pulls the co2 from the air. This currently appears to be a government project so I doubt we will see much press on this until its in the prototype phase. It made it this far so we'll see what happens.

I'm afraid the white paper made by the researchers debunks itself.

"Therefore the price of gasoline at the pump (using this process) must be about $4.60/gal"

Eighth page:

www.lanl.gov...

reply to post by jerico65


do you really think we can't?

or haven't yet?

i'm sure there is technology decades ahead of using oil to fuel our vehicles

the thing is, oil is just to damn profitable

"Therefore the price of gasoline at the pump (using this process) must be about $4.60/gal"

You need to qualify that remark and let us all in on your big secret.

If a coal fired power station can take 50% of it's power to use this process on the CO2 it produces then what matters is the net outcome.

In terms of the price of oil are you talking one off capital costs, or ongoing cost of production and what assumptions does this claim make so we can all be informed.

I'm not inclined to accept one person's dismissal without an explanation of the reasons behind that dismissal. All we've had so far is an abbreviated summary of your conclusion.

Please post some references if you have them.

reply to post by sy.gunson


I did post my source. This is what the engineers who developed this process think the oil should cost if the process is to operate at profit.

what? you think gas is going to get cheaper? by the time they come out with this, it'll be a godsend, so ya, 4.60 a gallon? I'll gladly pay that knowing that its not funding a foreign state. point is that it's going to compete with oil by the time its out.
and gas is at least $3 right now, we're in a recession, inflation is inevitable, gas ain't getting cheaper and it's definitely not going to get more abundant. so is $4.60 really that bad?

reply to post by joe_dirt976


That may work just fine for the United States, but what about other countries where the gasoline is taxed heavily?

Originally posted by Roland Deschain
reply to post by jerico65

 

do you really think we can't?

or haven't yet?

i'm sure there is technology decades ahead of using oil to fuel our vehicles

the thing is, oil is just to damn profitable

That sums it up right there I couldnt of said it better myself. As long as big oil lines the pockets of our government nothing will change. Dont give yourself false hopes.