AgroWaste Oil Plant Starts Production
An anonymous reader writes "Yahoo, and others has a story about the first Waste-to-Oil plant going online, and selling the oil commercially. Using TCP (Thermal Conversion Process), the plant is producing 100-200 barrels of No. 4 oil a day, and has the capacity to produce up to 500 barrels per day. With the amount of agricultural waste in the U.S., and many more of these plants, we could possibly reduce our need for foreign oil."
BTW, 20,799 more of these plants all running at full capacity and we could satisfy our dependency on foreign oil (approx. 10.9 million barrels a day). Assuming there's that much waste to convert.
It's a standard grade of heating oil. If you live on the West Coast of the U.S. you have no idea what heating oil really is since we use electric or natural gas, but on the East Coast and in the Midwest it is still widely used.
It turned out to be very lucrative, and became a major cash producer for BP. When oil income was down, they counted on Chemicals to keep cash and profits up.
One of their earliest less complex chemicals they produced happened to be nitrogen, used to create fertilizer. Later, they produce a lot more complex chemicals, and even sold their nitrogen facilities in the 90s. Their acrylonitriles business was booming, the last time I worked for them.
The bottom line is that a business created to reduce the cost of waste, and possibly even make a profit by processing it turned out to be a major industry success. Thus, I believe that since they are not merely producing oil through an unconventional means, but using the savings from waste management to drive the business, this could be a huge success and create a new industry.
Open Standards Portal
Tell me where you're finding this 20%. I have a Committee on Energy and Commerce. Subcommittee on Energy and Air Quality transcript for the 2001 Energy Policy (specifically our policy on oil) that says that the transportation sector accounts for 69% of total oil consumption.
Tim Smith - Ramblings from Nerd Land
You don't know who ConAgra is do you? These are the people who are just about solely responsible for the addition of ethanol to gasoline. ConAgra (and I think Arthur Daniels Midland: ADM) lobbied hard for those requirements.
See.. they had a whole lot of land they couldn't use profitably under then current government farm subsidies, so they came up with a way to grow corn and turn it in to an automotive fuel required by law.
They get paid a farm subsidy to grow corn, then they are paid a federal clean-air subsidy for creating a clean-air fuel, then they sell that fuel at full market price to gasoline blenders. It's quite the cash cow.
You as a consumer are actually paying well over the listed pump price for gasoline because of these hidden payments.
Article X: The powers not delegated... by the Constitution...are reserved...to the people
http://www.eia.doe.gov/kids/infocardnew.html I think this is what he was talking about.
Open Source Java DAO Generator
If the g'vt kept the data on you that google does you'd better believe you'd be calling it "doing evil"