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Commercialization of Coal to Liquids Technology 2007

The United States has has the world’s largest coal reserves with an estimated 268 billion recoverable tons.
 

FOR IMMEDIATE RELEASE

PRLog (Press Release)Feb 14, 2007 – The United States has has the world’s largest coal reserves with an estimated 268 billion recoverable tons. Converting just 5 percent of the U.S. coal reserves to Fisher-Tropsch fuels would equate to the existing U.S. crude reserves of 29 billion barrels. The U.S. could virtually double our nation’s domestic motor fuel supply without drilling a single a well or building a new refinery.

The technology of producing a liquid fuel from coal or natural gas is hardly new. The Fischer-Tropsch process was developed by German researchers Franz Fischer and Hans Tropsch in 1923 and used by Germany and Japan during World War II to produce alternative fuels. Indeed, in 1944, Germany produced 6.5 million tons, or 124,000 barrels a day.

CTL fuel is already in use elsewhere, like South Africa, where it meets 30 percent of transportation fuel needs.

In addition to being cheaper than oil, advocates point out that the fuel is environmentally friendlier and would also help America wean itself of foreign oil imports.

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Issued By:Bharat Book Bureau
Website:http://www.bharatbook.com
Email:Click to contact author
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Address:Bharat Book Bureau
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Zip:400 614
Country:India
Categories:Energy, Marketing
Tags:Commercialization Of Coal To Liquids Technology 2007, Market, Research, Size, Share, Trends, Analysis, Demand, Sales

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