by Tyler_JC » Sun 02 Apr 2006, 19:33:33
$this->bbcode_second_pass_quote('J_S_Bokchoy', 'H')irsch says $30 to $35 for a barrel of liquid fuel from coal right now. So oil companies could at least double their money by setting up liquefication plants, if they genuinely thought petroleum prices were going to stay at current levels. They're not doing this, so they must think petroleum prices are coming down, implying demand reductions or supply increases. In fact they did set up a coal-to-gas plant in the 80s and lost money on it because oil prices came way down. So i'm guessing they 're just milking the consumers by poormouthing about how thry're running out of oil, sorry, no more, you just have to fork it over, too bad. Otherwise they'd have had coal to gas systems up and running ready to go by now already. But why spend when you can just scare people? DOUBLE their money, that's chickenfeed, they can triple and quadruple it right now just by choking off supply.
All I can say is do a little more research.
We have discussed coal-to-gas in depth and I believe the conclusion was that it is just another step (in the right or wrong direction depending on your point of view).
Coal-to-gas doesn't provide a high enough EROEI to match the current returns on oil and natural gas. A coal-driven society is almost by definition, a poorer society than the current one.
Would we have ever built Phoenix and Dallas and Detroit off of coal alone? Not likely. Coal is a step backwards and it would require a commiserate decline in our standard of living.
But please, just read through this site a little more.