Re: We Could Build a Coal-to-Gasoline Conversion Plant
No need to wait, the President has already provided 100 million in federal
money to do almost exactly that, as part of his plan to reduce our
dependency on imported crude. It is not gasoline from coal but clean
burning, low sulfur, diesel fuel.
A plant is being built as we speak in Schuylkill County Pennsylvania that
will convert coal calm (waste coal) into fuel to be used by the state of
Pennsylvania. Eastern Pennsylvania has the world largest reserves of
clean burning low sulfur anthracite coal. Using new coal would be more
costly than using culm. Even producing diesel fuel from waste coal cost
much more the conventional fuel oil and much more than it would coat to
produce gasoline. The only thing that is making that plant cost effective
is the Company has been given a ten year tax exemption, under Pennsylvania's
Keystone development plan that is designed to return "brown fields,"
polluted areas, into tax producing lands. In addition the diesel fuel will
not be taxed by the state of federal government. The current federal tax is
..185c per gallon and the Pa state tax is .26C The sad part is even at $70
a barrel gasoline is still so cheap as a motor fuel that crude will need to
go over $100 a barrel before ANY of the alternate fuel will cost less and
can be sold at a profit.
Search "The Bud Angst Report » Blog Archive » PA Leads With Coal-to-Oil
Solution To Address Energy Needs"
mike hunt
"Backyard Mechanic" <pettyfog@yaywho.com> wrote in message
news:Xns97AAB7EE1F223pettyfogery@207.115.17.102...
> Nomen Nescio <nobody@dizum.com> wrote:
>
>> The People of the United States could build a people-owned coal-to-oil
>> conversion plant
>
>> I'm waiting, Mr. President. >
> But you would still be an idiot!
> I think 'people-owned' is significant... Aint no crooks in them communes,
> no-sir!
>
> Life is so simple for the simple minded...
>
>
> --
> Yeh, I'm a Krusty old Geezer, putting up with my 'smartass' is the price
> you pay..DEAL with it!
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