Page added on August 4, 2005
A University of Idaho graduate student believes the answer to the world’s crude oil crisis grows on trees. Juan Andres Soria says he has developed a process that turns wood into bio-oil, a substance similar to crude oil.
The process – in which sawdust and methanol are heated to 900 degrees Fahrenheit to create the bio-oil – is already drawing some interest from energy and wood product companies, Soria said.
“But because it’s quite novel, there’s a bit of reserve,” he said.
….
Still, he said, the bio-oil isn’t likely to be an immediate competitor to crude oil. Crude oil currently costs about $60 a barrel, and bio-oil will only be competitive when the cost of crude oil reaches $80 a barrel, Soria said.
Leave a Reply