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Posted: 8/27/2005 1:36:45 PM EDT

Montana's governor eyes coal to solve U.S. fuel costs
By Adam Tanner
Thu Aug 25, 1:55 PM ET

HELENA, Montana (Reuters) - Montana's governor wants to solve America's rising energy costs using a technology discovered in Germany 80 years ago that converts coal into gasoline, diesel and aviation fuel.

The Fischer-Tropsch technology, discovered by German researchers in 1923 and later used by the Nazis to convert coal into wartime fuels, was not economical as long as oil cost less than $30 a barrel.

But with U.S. crude oil now hitting more than double that price, Gov. Brian Schweitzer's plan is getting more attention across the country and some analysts are taking him very seriously.



LINK

I searched and couldn't find this posted yet.
Link Posted: 8/27/2005 1:40:13 PM EDT
[#1]
Link Posted: 8/27/2005 1:55:15 PM EDT
[#2]
This sounds like a good investment to me. It would just be to bad if we could tell the ARABS to stick their oil.
Link Posted: 8/27/2005 2:29:22 PM EDT
[#3]
Yep, back to coal, phased in over 50 yrs or so while the oil production tails off.

and in another century we'll be back to wood...

The industrial revolution in reverse....

Industrial civilization is a one shot deal, too bad we've wasted it on suburbia/fast food/war/etc.

Blew our one chance to get off this rock/build a permanent infrastructure /etc.

Coal is a good investment though.
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