Letter Re: Synthetic Fuel Production

Monday, Dec 10, 2012

James,
Your reference to SASOL's gas-to-liquid synfuel project in Louisiana reminded me of a recent news story about Sinopec's joint venture in Medicine Bow, Wyoming to produce liquid fuel from coal.

They claim to be able to convert 1 ton of coal (Powder River Basin mine-mouth value: $10) into two barrels of petroleum product (value: $200+).

A great idea, if it works, but I can't say I'm excited about inviting the Chinese into our backyard to do this.

Best Regards, - Don in Oregon


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