Friday, January 20, 2012
http://peakoil.com/forums/post1100342.html
TransGas Development Systems, LLC announced an agreement with SK Engineering & Construction Co., Ltd (SKE&C) leading to engineering, procurement and construction of its first US coal-to-gasoline plant—Adams Fork Energy—to be located in Mingo County, West Virginia. _GCC
US coal deposits contain 12 X as much energy as all known oil in Saudi Arabia. The gasification process to be used in the new West Virginia CTL plant could cleanly utilise coals of any grade -- including the cheapest and dirtiest coal. By moving US coal reserves into the liquid fuels arena, the prospects for peak oil continue to remain slight -- unless the Obama administration decides to shut down all coal, even clean coal projects. Obama has promised to bankrupt coal companies, and all his other policies are consistent with an "energy starvation" approach to shutting down US industrial production. Time will tell.
The Adams Fork Energy project will convert regional coal into premium-grade gasoline, producing 18,000 barrels per day (756,000 gallons US, 2.86 million liters). When fully developed, the Adams Fork project will be the largest coal-to-gasoline project in the world, according to Adam Victor, President and CEO of TransGas Development Systems.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment