tommac95
07-05-2006, 06:35
7/5/'06 NYTs business section article by Mathew Wald pretty good:
Search for New Oil Sources Leads to Processed Coal ; Incomplete link follows:
http://www.nytimes.com/2006/07/05/business/05coalfuel.html
Quote:
"Measured in the standard energy unit of a million British thermal units, or B.T.U.'s, coal sells for $1 or so, natural gas around $7. Diesel fuel is around $23."
It presently costs about $25 to transform coal to a barrel of fuel oil/diesel/jet-fuel.
Search for New Oil Sources Leads to Processed Coal ; Incomplete link follows:
http://www.nytimes.com/2006/07/05/business/05coalfuel.html
Quote:
"Measured in the standard energy unit of a million British thermal units, or B.T.U.'s, coal sells for $1 or so, natural gas around $7. Diesel fuel is around $23."
It presently costs about $25 to transform coal to a barrel of fuel oil/diesel/jet-fuel.