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"Vetrolium" From Agricultural Waste

junctionvin writes "The company Sustainable Power Corp. claims to have created a form of bio-crude oil from agricultural refuse. They use agro-waste from cracked soy beans, rice and cotton seed hulls, grain sorghum, milo, and jatropha and turn it into bio-crude oil. This crude can then be further refined into everything from gasoline to jet fuel and just about every petrochemical in between. The CEO is quoted: 'Our biggest problem is that we are too good to be true. We can literally replace every gallon of gasoline, diesel and jet fuel in the United States using just 12 percent of the waste byproducts in the country.' They also claim that their fuel burns to near 100 percent efficiency." The article doesn't mention what price the "vetrolium" would command in today's market or going forward, except to report the CEO's promise "to one day sell his gasoline for $1 less than the pump price for regular fuel, no matter what the cost. 'Even if it's $2 per gallon, I'll sell mine for $1,"' he said."

99 of 438 comments (clear)

  1. snake oil, more like by conspirator57 · · Score: 5, Funny

    vaporware, literally.

    --
    "If still these truths be held to be
    Self evident."
    -Edna St. Vincent Millay
    1. Re:snake oil, more like by jrmcc · · Score: 5, Funny

      I bet snake oil gets more MPG than this idea...

    2. Re:snake oil, more like by Kamokazi · · Score: 4, Insightful

      Nah, we'll hear about them in a few months.

      You know, after the company goes bankrupt from this guy embezzling the millions of investment capital they get from this announcement.

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    3. Re:snake oil, more like by korbin_dallas · · Score: 2, Insightful

      Theres more than one way to make money.
      Perhaps hes betting that the PetrolCorps(e) will buy him out to keep his invention OFF the market.

      --
      They Live, We Sleep
    4. Re:snake oil, more like by Anonymous Coward · · Score: 5, Funny

      I personally will drink my vetrolium with a bit of tomacco juice, thank you very much.

    5. Re:snake oil, more like by ozmanjusri · · Score: 4, Informative
      You know, after the company goes bankrupt from this guy embezzling the millions of investment capital they get from this announcement.

      His previous endeavour is still chugging along.

      I think he may have discovered a sustainable income source. It's kept him fed for a few years at least.

      --
      "I've got more toys than Teruhisa Kitahara."
    6. Re:snake oil, more like by Goffee71 · · Score: 2, Funny

      Clicked on the link and thought it was The Onion, perhaps they've gone undercover

      --
      If he's the Walrus then can I be a penguin please?
    7. Re:snake oil, more like by Junior+J.+Junior+III · · Score: 5, Funny

      vaporware, literally.

      Running on vapors? That's nothing, I can get my car to run (sometimes, anyway) on nothing but pure vitriol. If your car has fuel invective, it may be able to use this highly volatile energy source as well.

      --
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    8. Re:snake oil, more like by pla · · Score: 5, Insightful

      vaporware, literally.

      Although TFA has a few obvious errors, they apparently just use thermal depolymerization to crack just about anything organic into a light crude-like goo.

      Not at all vaporware, and not even all that difficult (though not something you can really do on a small scale, thus the need for VC).

      The biggest "problems" with it appear mostly regulatory... At the same time we have everyone crying about the price of energy, we have just about every viable alternative energy proposal shot down for completely assinine reasons ranging from cosmetic to FUD.

    9. Re:snake oil, more like by Ex-MislTech · · Score: 5, Interesting

      True these are snake oil too I guess ?

      Valcent Vertigro Algae Oil:

      http://thefraserdomain.typepad.com/energy/2006/10/vertigro_algae_.html

      Coskata $1/gal Ethanol partners with General Motors:
      (non-crop oriented ethanol)

      http://www.autobloggreen.com/2008/01/13/gm-and-coskata-announce-worldwide-cellulosic-ethanol-partnership/

      Bacteria the eats waste and releases petroleum:

      http://thegoodcity.wordpress.com/2008/06/19/bacteria-that-eat-waste-and-poop-petroleum/

      --
      google "32 trillion offshore needs IRS attention"
    10. Re:snake oil, more like by IBMOOSE · · Score: 3, Interesting

      I agree,
      I sent them an email via their "Contact us" page with the following text. Note that my email address reflects that I work for a major newspaper, maybe they will be forthcoming with some details or run like Hell one or the other :)
      Here is the text of the message I sent them...

      Your site and news release is suspiciously light on details. No disrespect intended, but a little detail on your process would go a long way towards lending your cause some credibility You may wish to read the posting on "Slashdot" "http://slashdot.org/". The Analysis could have been done on any substance. The ability to duplicate your findings by your scientific peers is essential if this is to be the miracle solution that you tout it to be. I look forward to your response.

    11. Re:snake oil, more like by houstonbofh · · Score: 4, Funny

      Lot of biofuel startups out there, and they're doing middlin due to all the interest in biofuels. But they're not exactly setting the world on fire right now.

      Now that wouldn't be very Green, would it? Imaging all that carbon from setting the world on fire... Sheesh...

    12. Re:snake oil, more like by Joe+Snipe · · Score: 3, Insightful

      And how, exactly, does oil not require energy input? For that matter (bad pun, I know), can you think of any exchange that does not require energy input? The goal here is to find a renewable, lasting portable supply of cheap energy.
      For what it's worth "high heat" is a pretty abundant and cheap form of energy; using it to create a fuel source from waste sounds like a good option (although I would wait for actual data before investing).

      --
      Sometimes, life itself is sarcasm...
    13. Re:snake oil, more like by Zemran · · Score: 3, Insightful

      He says "we are too good to be true" and he is telling the truth...

      Trouble with a lot of these wonder solutions is that you do not really know yet how environmentally damaging the production process is. If it is possible I would be happy to pay more to get less reliant on areas of the world that we should get away from... (speaking as someone living in Azerbaijan [north of Iran])

      --
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    14. Re:snake oil, more like by 0100010001010011 · · Score: 5, Informative

      You know this is how the Germans survived WWII? Even though they had no

      GTL is looking to be the next "big thing" bio-fuels. Now I'm not saying that this guy has figured out all the hard stuff that is holding big corporations back, but there's a chance.

      http://en.wikipedia.org/wiki/Gas_to_liquids
      http://en.wikipedia.org/wiki/Biomass_to_liquid

      If the cost of diesel fuel goes much higher I might look into buying some from racing stores. Shipping is the killer right now.

      There are a few people running it on the forums and say it's great. 63 Cetane Number, 20% more BTU vs regular D2, etc, etc.

    15. Re:snake oil, more like by IAmCthulhu · · Score: 2, Informative

      "High heat? Using what, free energy?

      Thermal depolymerization produces 3 things: 1) bio-crude, 2) carbon ash, and 3) biogas. According to the company's website, they use the ash as fertilizer on the feedstock, and the biogas powers the process. It's not unique. There are quite a few other companies playing with thermal depolymerization right now.

    16. Re:snake oil, more like by Sandbags · · Score: 3, Interesting

      Take a look at this. Some good friends of mine work for this research firm in South Carolina. They went live with a project today that they have been working on for nearly a decade.

      www.dotyenergy.com.

      Basically, it's an idea for using wind and other free power to turn water into H2, then combine that with sequestered and other forms of CO2 to make hydrocarbons. It can be done at a very competitive cost to refining oils, and at quite a profit at existing prices.

      Yes, it will take a few trillion in investments, but since it has significant profit potential, it's only a matter of time until the money is invested. This process works, using todays technology, it simply has to be built...

      It's not vaporware, this is the real deal, a good solution that is feasable, and the patents for it are all filed and ready to be licensed.

      They are actively requesting people to read their information, and find the faults in it. Prove to them it can't be done...

      The site just went live a few hours ago, so keep checking over the next week or two as they add to the challenges and references sections, and expand on the details. Contact them with your feedback.

      As a close friend of the family, and a network engineer, I'm doing my part to spread the word. I have nothing to do with the product, process, or any of the information in the site, but I am on a ton of forums, and this looked like a great place to chat about it.

      --
      There is no contest in life for which the unprepared have the advantage.
    17. Re:snake oil, more like by Sandbags · · Score: 2, Interesting

      My assuption from talking with them is, in a lab, yes, all of the parts that make this plan feasable are either already in use in some way today, or are proven technologies. There's no "magic" here, no vaporware, this is simply a method for producing hydrocarbons from H2 and CO2 using input energy. Building the infrastructure behind it is the real challenge (a 40+ Trillion dollar challenge).

      I however am no scientist, nor have I detailed all the information this company is making available. I know David, and many of the other people working in their firm. They do not make light about new ideas, and they're no stranger to the patent office or cutting edge research. From what I have read thus far, this is a well thought out idea, and the science behind it is in fact NOT really cutting edge. It's a plan, not a technology (though there are several patents involved from what I understand).

      --
      There is no contest in life for which the unprepared have the advantage.
    18. Re:snake oil, more like by mcrbids · · Score: 4, Interesting

      Nah, we'll hear about them in a few months.

      You know, after the company goes bankrupt from this guy embezzling the millions of investment capital they get from this announcement.

      It's understandable that you'd be cynical. But there's definitely reason for hope. Another company has successfully done something similar at a turkey plant. The company is called Changing World Technologies and the technology is called thermal depolymerization. My understanding is that they're making money, but only just barely. Waste turkey parts are apparently in higher demand than expected, and the work doesn't qualify for an expected govt subsidy.

      Nonetheless, the technology is real, it works, and does what's claimed - turns garbage (of a specific type) into oil. I have little doubt that with refinement, this technology and others like it could be made to work.

      That doesn't reduce the likelyhood that this CEO is blustering snake oil that will never materialize - the fact that similar stuff has been proven to work may make it more likely that he's blowing it. But it's by no means a definite certainty.

      --
      I have no problem with your religion until you decide it's reason to deprive others of the truth.
    19. Re:snake oil, more like by avandesande · · Score: 2

      All it takes is a little napkin math
      With this process, just one bushel (60 pounds) of organic waste can yield about six gallons of bio-crude, Rivera said.

      Six gallons of biofuel weighs about 48 pounds. That is like an 80% yield. I would believe this with pure animal fat or vegtable oil, but to say you can get that from "cracked soy beans, rice and cotton seed hulls, grain sorghum, milo and jatropha" is complete BS. The biofuel would have more engergy in it than would even be available in the waste if it was burned as is.
      I would be excited if he got 1 gallon from 60 pounds of garbage, and this would push the boundries of whats believable.

      --
      love is just extroverted narcissism
    20. Re:snake oil, more like by homer_ca · · Score: 2, Insightful

      Bio-crude from thermal depolymerization needs to be refined too. No difference there. The EROEI of refining is typically 10:1, 1 unit of energy (usually natural gas) in for finished product worth 10 units of energy.

    21. Re:snake oil, more like by homer_ca · · Score: 2, Informative

      The metric here is Energy Return On Energy Investment (EROEI). Oil is a very concentrated source of energy. In the early days of oil, EROEI was 50-100:1. These days it's still over 10:1 (http://www.theoildrum.com/story/2006/8/2/114144/2387). Thermal depolymerization is nowhere close to that, and it's probably a net negative. Then remember that the feedstock for it is much less energy-dense, and you're moving a huge amount of mass for a small amount of oil. You can mitigate that by locating the plant at a garbage dump where it's already being collected, but there's not enough garbage to replace more than a tiny fraction of our oil use. If you collect virgin feedstock, you're back to the same old problem.

    22. Re:snake oil, more like by homer_ca · · Score: 2, Insightful

      Energy is like the universal currency whether it takes the form of heat, electricity or the chemical potential energy in an easily stored liquid. You can convert them at various rates of efficiency, and there are financial markets for each type of energy. Given the low efficiency of thermal depolymerization, I suspect it's worth more to use your solar collector to run a steam turbine and sell power to the grid.

    23. Re:snake oil, more like by avandesande · · Score: 5, Insightful

      Let's get real. Supposing the stuff was real, what distribution network would they use to get the fuel to consumers? Who would have the capital to improve on the process and then market the fuel oversees? I don't think oil companies care where the oil comes from as long as they can sell it.

      --
      love is just extroverted narcissism
    24. Re:snake oil, more like by CyBlue · · Score: 2, Informative

      The process does not refine the oil out of a product, it uses the carbon content to make oil. So, when you burn the waste, you don't end up with a lot of carbon ashes left behind. Look it up. Thermal depolymerization: http://en.wikipedia.org/wiki/Thermal_depolymerization

    25. Re:snake oil, more like by DarkOx · · Score: 2, Interesting

      That is the most insane thing I have ever read. Its a fact that without oil revenue the middle is by and large a dust bowl. There is some niche hight dollar crops that can be grown, food agriculture is hardly possible above the subsistence level. The big oil produces in the mideast region import between 25 and 100 percent of their food needs. Those economies don't stand a chance without oil revenue.

      This is why the better run of those nations are essentially using the money they have now from oil to transform their entire nations into what amount to large investment banks. If it was not for the vast and continued transfer of wealth from the United States to the region it would be in the same state of development it was 60 years ago. Even that direct transfer was not enough to build the mideast economy as it exists to day. Our substantial military presence has been a requirement to keep stability in the region. We have been there in large enough numbers to prevent little turf wars and keep sanity and stability for 50 years. That has been a huge expense even before we hotted things up in Iraq this time arround. In the interest of fairness this peace keeping has been good for us as well, its assured as a resonably stable flow of oil we thought our economy needed. The truth is that the Unitied States military has effectively provided a subsidy for oil for our own nation and the entire world.

      The leaders ( OPEC ) have know this, which is why oil has been so cheap for so long. They needed us there at least at arms length. They have kept the prices low enough that we would keep buying it in large quantity and not look for better alternatives. Its getting so expensive now because two things have changed. China has risen and could now provide a market for almost their entire production and fill our void in peace keeping if we left. The other thing being their own reseves are becoming harder to reach so they need to push prices up to keep the revenue coming.

      Again the better run states over there are slow extricating themselves from the oil biz and investing around the world. The rest of the middle east is destine for collaps pure and simple. There is virtually no way around it. It will be just like poorer regions of Africa.

      As to our economic troubles I think it really does come down to trade deficent of which about 30% of is probably oil. All this credit curch business is a response to inflationary pressures. People were paying to much for realestate, with two many dollars that they thought were worth more then they are. This has inturn rippled throug the banking industry. I still think the dollar is way over valued; this fact will come to a head if the government is forced to either bailout reddy mac fannie mae or extend them a large line of credit. It will destroy the governments own credit rating. We can already see T-bills discount rates falling just in anticipation of it. If this goes forward the value of the dollar will drop like a stone. I know everyone is saying "to big to fail" but I think it might be in the best overall economic interest to let one of them fail. In our short sitedness we have incurred a vast anual expense on foreign oil that has gutted our own nation and build the middle east.

      so I'd be more than happy if the USA got the fuck out of there.

      So in short I agree with you, I think to save our own nation that is probablly a requirement. Don't think though that we will be doing anything to stabilize them though. We will infact be plunging vast areas of the region into abject poverty and war, just like large parts of Africa. I say better them the us, but I would also say cut the smug crap and lets not feel to good about it. We will be destroying many lives.

      --
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  2. awesome by stoolpigeon · · Score: 5, Funny

    tfa says it burns without generating any heat. i'll be taking a bath in this stuff every night, setting myself on fire, and running around the block screaming. i think the neighbors will get a real kick out of it.

    and it will burn off completely. when it's done- no odor or residue. i mean how great can it get?

    --
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    1. Re:awesome by Minwee · · Score: 5, Funny

      tfa says it burns without generating any heat. i'll be taking a bath in this stuff every night, setting myself on fire, and running around the block screaming. i think the neighbors will get a real kick out of it.

      Congratulations, you've just described something called 'alcohol'. Your neighbours already get a kick out of seeing you run around the block screaming after drinking a bathtub full of it.

    2. Re:awesome by TripMaster+Monkey · · Score: 4, Funny

      Congratulations, you've just described something called 'alcohol'.

      Alcohol burns without generating heat?

      I had better sell my Bunsen burner stock ASAP.

      --
      ____

      ~ |rip/\/\aster /\/\onkey

    3. Re:awesome by Otter · · Score: 4, Insightful

      Also, while I mostly spent Auto Shop getting beaten up so may have missed something important, isn't that heat what makes a normal engine work?

    4. Re:awesome by Ellis+D.+Tripp · · Score: 2, Informative

      Why sell? Bunsen burners run on gas.

      Alcohol lamps, of course, are another story....

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    5. Re:awesome by Tinamil · · Score: 4, Informative

      No, normal engines work by using the expanding gasses that are a product of combustion to exert pressure to move the cylinders.

    6. Re:awesome by hey! · · Score: 5, Informative

      Hmmm. An alcohol flame gets plenty hot. Hot enough to melt glass rods if you don't have a bunsen burner handy, so temps can probably reach over 1000 degrees F.

      Alcohol flames burn so clean that they look innocuous. You also can do some impressive stunts that exploit the cooling effect of alcohol evaporation. These seem to have combined to create the myth that alcohol burns cool. Anybody mucking around with alcohol flames for amusement would be well advised not to believe this.

      --
      Post may contain irony: discontinue use if experiencing mood swings, nausea or elevated blood pressure.
    7. Re:awesome by Penguinisto · · Score: 4, Informative

      Mostly - fuel/air vapor is compressed, then detonated. The expansion of that detonation pushes the piston. Heat causes the majority of that expansion force.

      The trick is that their fuel is either: cold as Hell to start with (e.g. like putting dry ice in a bottle of water and sealing the bottle - there's still heat involved in making the detonation, but it's still way colder than pretty much anything immediately surrounding it), or dissipating the heat before the exhaust can get out of the tailpipe.

      The problem is that this alleged wunderfuel is still a hydrocarbon, which means that you still have carbon atoms to dispose of (lots of 'em), and the nature of a car's combustion process still involves compression and ignition of the fuel, which will still generate a lot of heat.

      Now some fuels do burn cooler than others, esp. in a short test run like the CEO was describing (for example, alcohol burns far cooler than gasoline), and a short test run with a cooler fuel will likely not give you as much heat in the exhaust (then again, on a really cool/cold day, a gasoline engine would only produce "some warm air" at your tailpipe if the engine has only ran for "a couple of minutes").

      As for what's in the stuff? *shrug* - I dunno. I'm not holding my breath until/unless I see some show up in marketable quantities, though.

      /P

      --
      Quo usque tandem abutere, Nimbus, patientia nostra?
    8. Re:awesome by hey! · · Score: 4, Funny

      That's the point. Think of the next generation of students, who no longer will have to play with dangerous bunsen burners in the lab. Instead they'll fashion glassware and boil solutions in the safe, heatless flame of an alcohol lamp.

      For that matter, what about people who use alcohol in their backpacking stoves? Since the alcohol doesn't burn with any heat, they can safely use their stoves in their tents.

      There's no end to applications for this miracle material. We could replace the water in our fire sprinkler systems with cool burning alcohol, which would starve the fire of oxygen while burning at a temperature too low to cause damage.

      I want to point out the obvious here that I'm being sarcastic. Although anybody who can't figure that out is arguably not long for this world, I'd rather not have their demises on my conscience.

      --
      Post may contain irony: discontinue use if experiencing mood swings, nausea or elevated blood pressure.
    9. Re:awesome by budgenator · · Score: 4, Informative

      The Ideal gas law is PV=nRT, so while the increased number of moles of gas will inherently increase the combustion chambers pressures and temperature, but the lion's share of the pressure increase is due to the exothermic nature of the combustion heating the gasses.

      --
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    10. Re:awesome by A+Pancake · · Score: 5, Informative

      Technically speaking the air/fuel charge does not detonate, it deflagrates. In a gasoline engine detonation is a bad thing, and is marked by ping or knock.

    11. Re:awesome by wattrlz · · Score: 2, Informative

      The gases in question expand, mostly, because they are hot. That's why you can do a quick back-of-the-envelope calculation for Carnot efficiency or Otto efficiency by comparing the difference between the peak combustion temperature and the exhaust temperature.

    12. Re:awesome by saigon_from_europe · · Score: 3, Interesting

      I guess that CEO did quite good demonstration but the journalist did not get everything right. No smoke - that's ok and experiment proves that. No heat - that's rubbish, of course there was heat - experiment proved that. Efficient burning means that almost all amount really burns. You may think that every fuel does so, but it is not the truth. Coal for instance, does not burn fully. Gasoline is better, but there are still some unburned hydrocarbons. LNG is way better than gasoline, since almost everything goes to either C02 or water. "No smoke" means no visible smoke. You cannot see C02 nor water vapor. The more pure is the fuel, it burns better. Buy some gasoline from a pharmacy (they sell it for some reason), it burns perfectly. But what we buy as gasoline at the pump station is actually a mixture of many different hydrocarbons, and it does not burn so well.

      Long story short, if they are able to produce fuel without heavy hydrocarbons, aromatic hydrocarbons etc, it will burn almost 100%, without smell (i.e. unburned hydrocarbons) and without trace (again, unburned hydrocarbons).

      --
      No sig today.
    13. Re:awesome by Captain+Hook · · Score: 5, Insightful

      The problem is that this alleged wunderfuel is still a hydrocarbon, which means that you still have carbon atoms to dispose of (lots of 'em)

      Carbon from this source wouldn't be a problem at all.

      The Greenhouse Gas problem is really about taking carbon which has been buried and effectively out of the biosphere for millions of years and dumping it into the air in quantities large enough to affect atmospheric carbon concentrations.

      All those Biofuels are effectively carbon neutral (or would be in an ideal world if we weren't using fossil fuels to harvest the feedstock) because the carbon in the feedstock has come directly from the atmosphere within the last 1-2, 10-20 years (depending on the feedstock).

      If we could run the entire worlds fleet of cars/buses/planes/trains on biofuels, it would have eventually balance out and have zero effect on atmospheric carbon concentrations.

      Biofuels have a single problem, in the last hundred years we have (in the west at least) got used to burning a fuel store which took millions of years to produce, biofuels have to produce energy in a 1:1 time ratio and there is simply no way to do that without a significant proportion of the earths surface being turned over to energy collection and conversion into an energy store.

      --
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    14. Re:awesome by Minwee · · Score: 2, Funny

      Anybody mucking around with alcohol flames for amusement would be well advised not to believe this.

      All this and yet my suggestion that it was okay to drink a bathtub full of alcohol went completely unchallenged.

      Sometimes I wonder about you people.

    15. Re:awesome by oxidiser · · Score: 4, Funny

      So, what you're saying is... fire hot? Interesting.

    16. Re:awesome by SomeJoel · · Score: 4, Insightful

      Well, a lot of people here aren't familiar with the term "bathtub".

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    17. Re:awesome by Eiron · · Score: 3, Insightful

      The heat is not exactly a wasted byproduct. An internal combustion engine is a way to transfer chemical energy into thermal(heat) energy into linear energy into rotational energy. A Wankel skips the linear energy step. The heat is important, because although you can run an engine off "cryogenic" power, for example using liquid nitrogen as fuel, what you are doing there is taking something very cold, and as it warms due to its environment you harness the energy of its expansion. Similar to an external combustion engine. These are both very ineffective; Google it if you like. If you could use all the thermal energy from combustion, the exhaust and engine would be cool to the touch, no matter how long it ran. Good luck with that. That isn't what is happening here, which is either a reporter making changes to the story in order to show the subject in a more favorable light, or a reporter making mistakes. Either way, the reporter is not a subject matter expert, and is screwing things up; it happens.

      I have had engines I referred to as "cold blooded" before, generally because they were built so heavily that it took forever (one was over half a god damn hour) for them to warm up to peak operating temperatures, and you got no power or reliability out of them until then. These engines pissed me off. If you want one, look for a small displacement (less than 300cc) "universal Japanese model" motorcycle from the 70's. There are lots of other places too, but that is a reliable, inexpensive source.

      Pressure and heat are very closely related. A diesel works by creating enough thermal energy through pressure on the fuel to cause it to spontaneously combust, which vastly increases the temperature, which increases the pressure enough to drive the pistons through their power cycle. Replace the pressure induced heat with an electric spark and you have a gasoline engine. The thermal energy is still the integral part of the operation of the engine.

      As far as no byproducts, the only way you are going to ever end up with no physical byproducts would be a 100% efficient nuclear reaction (again, good luck with that), during which you would expect large quantities of some form of energy, most likely thermal energy, electromagnetic radiation, and light. No harmful byproducts, on the other hand, could be as simple as water, in the case of hydrogen power, but is likely claimed to be water and CO2 for this stuff. In reality, there would be some carbon monoxide and nitrous oxide too, just because that stuff gets everywhere, and unburned hydrocarbons.

      The idea that there would be no heat from this fuel source's combustion is silly at best, and certainly wouldn't be a selling point as a gasoline replacement even if true, but the idea that it burns much cleaner than petroleum based fuels is both likely and laudable. If the whole thing isn't a sham, which is possible.

      --
      Apathy; it does a body good.
    18. Re:awesome by CensorshipDonkey · · Score: 2, Informative

      Have we completely forsaken science in this country?

      Burning something breaks high energy bonds and forms low energy bonds. The energy released is the difference. If you're burning alcohol with oxygen, you are forming the lower energy compounds of carbon dioxide and water. The energy doesn't "come" only from the alcohol or oxygen.

      And, for the love of Ned, burning ANYTHING with ANYTHING releases heat. That's the definition of "burning". Any chemical reaction that is spontaneous once start (burning) releases energy, which becomes heat.

    19. Re:awesome by raddan · · Score: 2, Interesting

      I am not a chemist, but I am a backpacker, I can verify what you say is true. I have made several of these stoves (PDF warning), and they work amazingly well. Better, in fact, on most counts than my commercially-made and comparatively expensive backpacking stoves. They are also very lightweight. The main thing for me is: I can buy fuel damn near anywhere. That was a problem for my butane and white gas stoves.

      Anyhow, the interesting thing about these is yes, sometimes it's hard to tell if they're lit-- until you burn yourself. I have done it many times. Also, the bottom of the stove gets very cold-- cold enough that if you run them during the winter they actually extinguish themselves. But butane stoves have the same problem and are actually worse in this regard, in my experience-- they actually condense water vapor into frost on the sides of the bottle, and when this gets bad enough, they just stop working. Boil times for a liter of water are nearly identical for my butane and alcohol stoves, which makes me think that vast amounts of energy is being wasted with conventional stove designs despite the fact that butane (27.7 MJ/L) has a higher energy density than ethanol (23.5 MJ/L).

  3. Too good to be true??? by pablo_max · · Score: 5, Insightful

    Perhaps, but ever time I hear something like this, I still have the hope it really is true. Each time I'm wrong, but who cares! It would be awesome!

    1. Re:Too good to be true??? by budgenator · · Score: 2, Informative

      At best this is a variation on TDP, therefore it probably works, it definitely doesn't work as economically as the article implies, but you have to over-hype this stuff to get the attention of the venture capitalists. I expect that the ROI isn't really good enough to get the venture capital excited when compared with the risks involved.

      --
      Apocalypse Cancelled, Sorry, No Ticket Refunds
    2. Re:Too good to be true??? by SatanicPuppy · · Score: 4, Insightful

      That hope, that beautiful little flower of perfect happy hope, is how they take your money away from you.

      Let me tell you how the fuel of the future will come about. Some guy in a lab will come up with something that is woefully inefficient, and they will haggle with it for a decade with little funding and little respect, and it will become more efficient, and then more people will say, "Wow, maybe there is something to (insert inefficient process here)" and they'll start working on it. And a decade or so later it will be roughly equivalent to our current fuel in cost.

      People have been working on the idea of biofuels forever, and we've got some semi-decent methods out there, but every one of them is the fruit of a LOT of crappy thankless work done when oil was cheaper than bottled water.

      Likewise fusion; we know it can be done. One day we will do it, barring an intellectual dark age. But right now its an expensive boondoggle.

      --
      ad logicam Claiming a proposition is false because it was presented as the conclusion of a fallacious argument.
    3. Re:Too good to be true??? by couchslug · · Score: 2, Insightful

      That sort of hope is what makes scams thrive.

      I don't "hope" for golden bullet solutions. I hope for market pressures to drive R&D that produces many different solutions to energy problems so we grow away from an energy monoculture.

      --
      "This post is an artistic work of fiction and falsehood. Only a fool would take anything posted here as fact."
  4. Oooo magic! by SatanicPuppy · · Score: 5, Insightful

    Sounds like a pump and dump to me. Their stock is at approximately nothing, this claim has no actual details of process. It also violates common sense (complete combustion from a hydrocarbon? They're not zero impurity fuels), and promises an astounding return from the use of a waste product. They make claims that they can put it into production very quickly, which is extremely unlikely given the issues with biofuel scaling.

    From their website:

    Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors available from the Company.

    I think that sums it up nicely.

    --
    ad logicam Claiming a proposition is false because it was presented as the conclusion of a fallacious argument.
    1. Re:Oooo magic! by Mr.+Slippery · · Score: 5, Insightful

      Not to say these guys are or aren't legit, but that's a pretty standard investment disclaimer. An annual report for even the bluest of blue chip companies will warn you how it contains "forward-looking statements" and how the sky might fall and result in a loss for stockholders.

      --
      Tom Swiss | the infamous tms | my blog
      You cannot wash away blood with blood
    2. Re:Oooo magic! by Crowley · · Score: 5, Insightful

      Sounds like a pump and dump to me. Their stock is at approximately nothing, this claim has no actual details of process. It also violates common sense (complete combustion from a hydrocarbon? They're not zero impurity fuels)

      Having RTFA, they actually claim no by-products - by which they mean no smoke. If (and this is a *big* if) the hydrocarbon was burning with 100% efficiency - no soot being produced - then surely the chemical reaction is maximising the amount of CO2 that the engine will then pump out; simple high-school chemistry says that there are byproducts of the combustion, they are just invisible to the human eye. The byproduct is also quite honestly the one that we don't want. Ecologically, from a global warming POV, having diesel *not* emit useless soot is absolutely catastrophic, as the carbon has to go somewhere. It's either soot, or carbon dioxide.

      I still call bull on the claims, though...

      --
      Caffeine fault: operator dumped
    3. Re:Oooo magic! by Anonymous Coward · · Score: 3, Informative

      CO2 emission from agricultural waste is a zero sum process. The problem with CO2 release from fossil fuels is that you are releasing sequestered carbon in the form of CO2. When you burn the by products of agricultural waste, or even wood for that matter, the carbon you release was all recently absorbed from the atmosphere. Carbon in == carbon out.

  5. $1 less than the pumps, regardless of how much? by Syrente · · Score: 3, Funny

    Oh man, I'm just waiting for all competing providers to declare 79 cents fuel - then Mr CEO would have to pay you 21 cents for using each gallon of his fuel. Won't happen, but a schadenfreudist can dream...

  6. price of x-1 for any value of x? sweet! by Red+Flayer · · Score: 3, Funny

    the CEO's promise "to one day sell his gasoline for $1 less than the pump price for regular fuel, no matter what the cost. 'Even if it's $2 per gallon, I'll sell mine for $1,"' he said."

    I can't wait until his product comes to maturity -- then demand for gas will be so low that the price will drop below $1.

    "Fill her up with regular, please. You can pay me in cash."

    --
    "Trolls they were, but filled with the evil will of their master: a fell race..." -- J.R.R. Tolkien on Olog-hai
  7. Energy Input? by IAAE · · Score: 5, Insightful

    Sure they can make a lot of crude and fertilizer out of their agricultural waste, but how much energy are they using to convert it? It's all good and wonderful that they can make gasoline out of "waste", but if the energy costs to convert it are more than the production and transportation costs from other sources, either conventional or unconventional (oil sands for example), they may not really be accomplishing anything useful... However, if they were using say a nuclear plant to power their conversion, that'd be a different story.

    --
    I'm critical, not cynical...
    1. Re:Energy Input? by Anonymous Coward · · Score: 5, Funny

      I'm not in any way involved with the company, but I have read TFA and having done that I feel as if I can answer your questions and concerns in the same spirit:

      how much energy are they using to convert it?

      Absolutely none! The conversion process requires no energy at all, occurs instantaneously, and releases no harmful emissions. In fact, pure unadulterated sunshine blasts forth from the process at all times and bathes bystanders in with its gentle warmth.

      if the energy costs to convert it are more than the production and transportation costs from other sources

      This is not at all the case! The Vetrolium produced is immediately transported to fueling stations across the globe by faeries or the like. No energy whatsoever is required to do this and no harmful emissions are produced. Blasting forth from the fueling stations is pure unadulterated sunshine, to warm your cockles while you fuel up.

      they may not really be accomplishing anything useful

      Untrue! Think of something you want that uses physical raw materials? Got it yet? What you are thinking of can be produced as follows: Waste -> Vetrolium -> What you thought of + pure unadulterated sunshine. See what is missing? Harmful emissions are whats missing, which is why Vetrolium is so great.

      nuclear plant

      The need for atom splitting is entirely obviated by this Waste to Fuel converson process I'd like you to fund. No harmful emissions or byproducts of anything you don't want. No heat. No muss. No fuss. Shove your trash into the magic machine. When you feel warmed by the sunshine coming out, you'll know the process is up and running. Absolutely no hamrful emissions will be involved in any way.

    2. Re:Energy Input? by BobMcD · · Score: 2, Informative

      Posted elsewhere, so apologies for that, but ag waste is actually a PROBLEM, not a valuable resource:

      http://www.fao.org/bestpractices/content/02/02_01_en.htm

      In parts of Europe and the USA, and densely populated areas of East Asia, animal waste production can exceed the absorptive capacity of land and water. Continuous nutrient import results in over-saturation of nutrients with a series of negative implications on the environment, including biodiversity losses, groundwater contamination, and soil pollution.

      Most stockyards just keep pumping it over and over again onto the same fields. They can't get rid of the stuff and only do the minimum required to adhere to the law.

  8. C'mon now, better than algae by Nexus7 · · Score: 5, Funny

    Algae biodiesel is far more advanced as vaporware than agricultural waste biodiesel. It claims 10,000 gallons per acre; whereas this agri-waste one claims 6 gallons per bushel. I heard that agri-animal-waste biodiesel claims 1000 gallons per cow. We need more consistency in our inflated vaporware numbers!

    1. Re:C'mon now, better than algae by corbettw · · Score: 4, Funny

      It claims 10,000 gallons per acre; whereas this agri-waste one claims 6 gallons per bushel.

      The real question is: how many furlongs per hogshead will I get in my jalopy with either?

      --
      God invented whiskey so the Irish would not rule the world.
  9. Fire the reporter by LSD-OBS · · Score: 4, Insightful

    TFA: "Even after a few minutes of operation, the engine block was cool to the touch while the four-wheelerâ(TM)s exhaust pipe seemed to emit little more than warm, odorless air."

    So. This fuel is oxidised thermally neutral? So what's causing the gas to expand? What's driving the pistons?

    I'm not going to call bullshit on this whole story yet, but when a reporter thinks he sees crap like the above, he needs to ask WHY.

    I refuse to make puns about "hot air" :)

    --
    Today's weirdness is tomorrow's reason why. -- Hunter S. Thompson
    1. Re:Fire the reporter by jockeys · · Score: 2, Informative

      actually, if the engine is highly efficient, the "bang" phase will use most of the heat towards expansion (driving the piston), thus exhaust is cooler.

      just because there was a lot of heat in the burning, highly-compressed fuel/air mix doesn't mean the exhaust can't be cool. in fact, the hotter the exhaust (in naturally aspirated engines) the less efficient the piston. ideally, the movement of the piston would harness every bit of heat energy by decompressing the gas to ambient, but that's not going to happen in the real world.

      check out the Bourke engine... it runs on normal gas (or diesel, sometimes) and has cool exhaust because it uses the energy from the "bang" phase to drive the "squeeze" phase of the opposing cylinder. http://en.wikipedia.org/wiki/Bourke_engine

      --

      In Soviet Russia jokes are formulaic and decidedly non-humorous.
  10. Home Page by bizitch · · Score: 4, Informative

    Here is their home page

    http://www.sustainablepower.com/

    I can't decide which is harder to believe

    Their Science or the fact that they are a penny stock! - Wow who would have guessed that?

    --
    ---- "Logoff! That cookie shit makes me nervous!" - A. Soprano
    1. Re:Home Page by zwei2stein · · Score: 4, Informative

      Vaporware scam success meter - LIVE!:

      http://finance.google.com/finance?q=SSTP

      --
      -- Technology for the sake of technology is as pathetic as eschewing technology because it's technology.
  11. Problem with bio-fuel by Thelasko · · Score: 3, Insightful

    Is the bio-fuel from rice the same as the bio-fuel from cotton seed oil? Usually, it isn't. Different sources yield different products. A company that can produce a consistent product from a variety of different sources will make billions.

    --
    One of our competitors trademarked the term "hypothesis". From now on, we will call them "boneheaded ideas".
    1. Re:Problem with bio-fuel by Hatta · · Score: 4, Insightful

      A diesel engine can run on just about anything, so what's the problem?

      --
      Give me Classic Slashdot or give me death!
    2. Re:Problem with bio-fuel by Thelasko · · Score: 2, Informative

      A diesel engine can run on just about anything, so what's the problem?

      A common misunderstanding among the general public. I design diesel engines, and these inconsistent sources of bio-fuel are a major issue.

      The largest problem being emissions. In engine design, we are currently at delicate balance in engine tuning to meet emissions standards. One thing we must assume constant, is quality of fuel. Using various kinds of fuels will cause variances in NOx or particulate over running the type of fuel the engine was designed for.

      There are also issues with oil change intervals and fuel injection equipment. There are efforts to overcome these challenges. My point is, just because a diesel engine will burn anything, doesn't mean it will do it well.

      --
      One of our competitors trademarked the term "hypothesis". From now on, we will call them "boneheaded ideas".
  12. Boilerplate by sjbe · · Score: 2, Insightful

    Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. ... I think that sums it up nicely.

    While you are absolutely correct, that's just a standard bit of boiler-plate required by every company in financial statements so that they can talk about the future. Nothing special about this particular piece of boiler-plate.

  13. Coming up later by Bastard+of+Subhumani · · Score: 5, Funny

    Fuels from bodily waste. Will you choose peesel or shitroleum?

    --
    Only three things are certain; death, taxes, and apocryphal quotations - Ben Franklin.
    1. Re:Coming up later by fuzznutz · · Score: 2, Funny

      Will you choose peesel or shitroleum?

      Acturally, it's peesel or assholine.

  14. If they could do this, they would just do it. by stankulp · · Score: 5, Insightful

    They could just start making fuel and sell it on a small scale, then plow their profits back into their production facilities.

    Apple was profitable from Day One.

    This would be too, if it actually worked.

    The fact that they're not just doing it means they can't.

    --
    We must be alert to the danger that public policy could become captive to a scientific-technological elite. - Eisenhower
  15. Other options seem to exist w/more believability by King_TJ · · Score: 2, Insightful

    I'm a regular subscriber to Popular Science magazine, and I recall seeing several similar-sounding devices covered in there over the years.

    Maybe the problem is, most of them work great in a lab environment, as a "demo", but can't scale up to cost-effective, usable/functional products for the real world?

    Like what's going on with Frank Pringle's microwave emitter:

    http://www.popsci.com/popsci/flat/bown/2007/innovator_2.html

    Or Joseph Longo's plasma trash converter thing:

    http://www.popsci.com/scitech/article/2007-03/prophet-garbage?page=1

  16. TFA Looks Sketchy by Dire+Bonobo · · Score: 4, Insightful

    Rivera claims that products made from Vetroleum burn at near 100 percent efficiency, leaving behind neither heat nor pollution as proof of the chemical reactions taking place.

    Burns without heat? WTF?

    Correct me if (when) I'm wrong, but doesn't no heat output mean no enthalpy in the reaction means no ability to do useful work with that reaction? How is a reaction with no heat output supposed to do work in a heat engine like your car?

    Your car converts gasoline into mechanical energy by mixing it with air and using the resulting explosion to push a piston (see, for example, here). Without heat output, how is the reaction supposed to cause the rapid pressure change needed to drive the piston?

    If "no heat output" is one of their big selling points, I don't see how this can be legit.

  17. A bad idea even if true by Bob+Uhl · · Score: 5, Insightful
    This may or may not be a scam (my bet's on the former). But even if by some chance it is true, it's still a horrible idea. Think about it: it's taking agricultural waste and burning it up in car engines. It's one thing to burn petroleum--it's a nasty poisonous substance with few uses other than fuel, plastics and medicines.

    But agricultural waste is chock-full of valuable organic substances. It should be composted and returned to the soil so that it can fertilise the next year's worth of food. Burning it up is not all that different from burning corn in the form of 'ethanol' (really, just whiskey): it's just another way to take the last remaining topsoil in the United States and use it to fuel our car addiction, not entirely different from a junky selling his blood every day to get his fix.

    1. Re:A bad idea even if true by Interl0per · · Score: 2, Informative

      My father has been an organic gardener for 30 years and he purchases cottonseed hulls every couple of years for mulch. The parent is correct, these are not "waste" products that are being miraculously turned into useful energy, this application would be a net loss. Hopefully the biofuel bubble will collapse quickly enough for people to wake up to the necessity of responsible energy policy rather than hoping for a magic pill.

    2. Re:A bad idea even if true by c · · Score: 2, Informative

      > But agricultural waste is chock-full of valuable organic substances.

      Well, yes and no. Specific agricultural wastes aren't necessarily balanced enough to be immediately reused, if you've even got enough land handy to be able to spread it as fertilizer. And composting takes time. On a large scale, storage, transportation and/or enrichment of ag waste is a huge problem.

      Pig shit from factory farms in places like South Carolina is the canonical example. Besides all of the above, it's also full of antibiotics and other goodies you might not want in your food.

      c.

      --
      Log in or piss off.
    3. Re:A bad idea even if true by RGRistroph · · Score: 2, Interesting

      But the article implies that one by product of his process is fertilizer. It emphasizes the cleaniness and clarity of the fuel. I think what the article is trying to imply, although it and the company's web site are extremely non-technical and informationless, is that the carbon is extracted from the feedstock to make fuel, and the "contaminants" of phosphorous, nitrogen, and minerals, are pulled out and labeled "fertilizer". Because of emissions issues it is unlikely that a fuel with nitrogen and phosphorous compounds in it could be widely used.

      Although there is no technical information in the article, the picture shows merely agricultural feed hoppers and a table of buckets and pans. No picture of a vessel that could cook waste at around 500 psi and 500 degrees F is shown, and that is roughly the temperatures and pressures needed for those kinds of reactions. I'd be more interested in seeing that apparatus. You can look at the wikipediate articles on Thermal Polymerization and the Fischer-Tropsch process to confirm this.

      http://en.wikipedia.org/wiki/Thermal_depolymerization
      http://en.wikipedia.org/wiki/Fischer-Tropsch

      I collected some notes on various books and articles I read, because I was thinking of attempting some small scale way of powering an internal combustion engine:

      http://rgr.freeshell.org/woodgas/

  18. low temp cleaner burning makes sense/is real by spineboy · · Score: 4, Informative

    I wonder just how much "bio-waste" is available anyway, to supply this venture. Would the specific ingredients they require ever amount to enough so as to provide a significant percentage of a states fuel needs.

    The engine temperature observation from the story may just imply that the vetroleum has a very low flash point, or combustion temperature. My friends and I used to set our hands on fire with alcohol from alcohol burners, The alcohol burns at a fairly low temperature, and thus doesn't heat your hand much.

    Lower temperature burns would probably generate less side products, producing a cleaner smoke. That's nothing surprising nor revolutionary. It's actually a bad thing too, since the amount of power produced is also less (less heat -> less thermal expansion = less power)

    --
    ..........FULL STOP.
    1. Re:low temp cleaner burning makes sense/is real by LSD-OBS · · Score: 2, Informative

      And what you've said is not in any way at disagreement with what people are saying when they call this story bullshit.

      Anything that causes expansion can be used to drive a piston. This can include air heated by sunlight, or really slow burning hydrocarbons. Also, I'm sure everybody has played with burning methylated spirits and such.

      However, for the purposes of a combustion engine suited to road vehicles, you need decently fast (and therefore hot) combustion to make it practical.

      Therefore, this "Vetrolium" is completely unsuited to the purpose, if indeed everything described in the story is accurate.

      --
      Today's weirdness is tomorrow's reason why. -- Hunter S. Thompson
  19. Wrong market by Dolohov · · Score: 3, Interesting

    Assuming for the moment that their claims are legit (TFA doesn't give us anywhere near enough information to evaluate them) it seems to me that the US is the wrong market for this. If I were in their shoes, I'd deploy this in China: the country's still very agricultural (that fertilizer might be worth a lot more there) but growing rapidly (i.e. they're looking for new sources of fuel, not just for cars but for power plants), there is a strong political will to invest in infrastructure, and they like to boast about any engineering feat. Prove it there, work out the kinks for large-scale production and refinement, then bring it west. That's what I'd do.

  20. Lots and Lots of magic... by Firethorn · · Score: 2, Insightful

    I have to agree - this doesn't inspire confidence in me.

    I'd much rather see samples sent off to independent testing labs. Heck, I'm sure there's some mechanical equivalents to Dan out there.

    Heck, Popular Mechanics and consumer reports will occasionally provide free testing of various 'too good to be true' methods and devices.

    His idea, taken raw, sounds a lot like thermal depolymerization, which does have a test plant up. But the TD guys aren't proposing a 100% replacement for oil, or making claims that their fuel is almost magical(the lower heat). It IS naturally lower in a number of contaminants such as sulfur, but nothing magical.

    --
    I don't read AC A human right
  21. Low temp fuel burns by spineboy · · Score: 2, Informative

    see my prev message. If a fuel has a low combustion point, then it doesn't generate much heat. It also, unfortunately, generates less power too.

    So the truck engine that runs w/o getting hot is realistic. Of course it might not be able to pull anything either.

    --
    ..........FULL STOP.
  22. I would have gotten away with it too... by Minwee · · Score: 2, Insightful

    ...if it weren't for those pesky laws of Thermodynamics!

    Okay, it's not a perpetual motion machine but the article glosses over or completely ignores a few important details about his ultra-secret process, like just how much energy is required to produce and refine this stuff. He could make the nicest bio-diesel around, but if it takes fire barrels of oil just to make one barrel of it then he's going to have some troubles making his power plant work.

    "Our biggest problem is that we are too good to be true"

    Yup, that would be one way of putting it. I'd be happy to see this project succeed, but it has been tried before and always run into the same problems.

  23. Someone will eventually shut them down... by BobMcD · · Score: 4, Informative

    ...just like keep trying to do with the plant in my neck of the woods.

    http://www.res-energy.com/

    http://en.wikipedia.org/wiki/Thermal_depolymerization

    Scroll to the bottom, under 'Current status' and 'Smell complaints'.

    Too bad there's not a section for 'pressure from big oil'. If it isn't the case today, it certainly will be tomorrow.

    This outfit in Carthage is already producing 500 barrels a day from guts and fat, at a profit of $4 per barrel. In January 05, their price was $80/barrel ($1.90/gal).

    The tech is real, so why don't we have the gas yet?

  24. What if gasoline is = $0.99/gallon? by profet · · Score: 3, Funny

    Do they pay us to pump their fuel?

  25. Owner currently involved in a lawsuit... by Kirgin · · Score: 5, Informative

    http://www.natchezdemocrat.com/news/2007/sep/28/judge-oks-rivera-fraud-suit/ Yup, do people that get scammed by these people not have access to google? That took me 32 seconds to find.

  26. Oil Bubble by sesshomaru · · Score: 3, Insightful
    This Oil Bubble has been fun, huh? Sort of like the Housing Bubble, different than the Tech Bubble. With the Housing Bubble it was "oh no, real estate is going to just keep going up, after all, no one is making more land." Of course, looking at the situation now, it seems someone was making more land, at least with the price declines we've been seeing.

    .

    Now we have an Oil Bubble, and it is fun in its own way. Peak Oil! We're all doomed, the great die-off! Foriegners are eating our lunch! Kuntsler hasn't been this happy since we were all going to be totally doomed by Y2K!

    Of course, I wouldn't mind seeing trains make a comeback, and some serious investment in improving nuclear tech, but I'm guessing that the current bubble will pop before we get very far in either on one them. You know its bad when, 12 U.S. airlines call on Congress to curb excessive speculation.

    I'm wondering what the next Bubble will be. Some are thinking a Green Tech Bubble, but I'm hoping for a Water Bubble. You know, sort of like that episode of Darkwing Duck with the Liquidator.

    Of course, someone could do something about all the insane, emotion-driven speculation but that wouldn't be as much fun. It might lead to economic stability, and who wants that?

    --
    "MIT betrayed all of its basic principles."
    1. Re:Oil Bubble by ivan256 · · Score: 2, Informative

      I'm frankly fine with speculators speculating because, frankly, it always ends up with them losing their asses. Commodities will even back out as the markets settle down.

      It's pretty generous, I think, to call "cornering the market" "speculating".

      They're not simply betting on continued price increases. They're creating continued price increases. They're working with a pile of capital that's bigger than the market.

      90 days of oil futures inventory is worth about 810 billion dollars at $150/barrel. Given the tight correlation between supply and demand, controlling 1/10th of the inventory will maintain upward price pressure for a long time. $81 billion is chump change for these guys. Way less than half of what they pulled out of their sub-prime mortgage investments.

      Speculation is fine. Cornering the commodities market is extortion.

    2. Re:Oil Bubble by DerekLyons · · Score: 2, Insightful

      This Oil Bubble has been fun, huh? Sort of like the Housing Bubble, different than the Tech Bubble. With the Housing Bubble it was "oh no, real estate is going to just keep going up, after all, no one is making more land." Of course, looking at the situation now, it seems someone was making more land, at least with the price declines we've been seeing.

      Those, like myself, who invest in land and housing with an eye on making returns on a time scale of decades will do nicely. The bubble only hurt those who had an eye on the short term.

    3. Re:Oil Bubble by khallow · · Score: 2, Informative

      Of course, someone could do something about all the insane, emotion-driven speculation but that wouldn't be as much fun. It might lead to economic stability, and who wants that?

      We can always pass a law making it so there's no uncertainty about the future and that everyone should be rational and omniscient. That would fix the bubble problem. In fact, that would be the only thing that could fix the bubble problem.

  27. We need a much broader energy portfolio by Temujin_12 · · Score: 4, Informative
    While I believe a lot of the claims made are a bit hyperbolic, this kind of biodiesel certainly is more scalable than food-crop based ethanol, and does have some promise (as well as problems).

    I make a point to follow emerging trends in new energy technologies and there is certainly no silver bullet (unless we can get cold fusion going). However, I'm also of the opinion that the US (and certainly most other nations) has the ability to independently supply its own energy through using a healthy balance of diverse energy technologies.

    Off the top of my head:
    • Solar (both photo voltaic and focusing mirrors): Huge potential (especially in south). This can be done both commercially as well as deployed residentially to offset customer's bills (and in some cases even sell excess energy generated back onto the grid).
    • Wave and tidal
    • Geothermal: Yellowstone is sitting on top of on of the earth's largest super volcanoes. I know it's a national park, but the material pumped from geothermal stations is water. As long as the infrastructure is responsibly deployed and maintained, this is a no brainier.
    • Wind: huge potential on coasts, mountain ranges, and through the entire mid-west. Concerned about the effects on birds? No problem. There are some pretty ingenious non-propeller turbines (some of which can work with wind blowing in any direction).
    • Hydro-electric dams: Tried and true.

    Combine this with newer technologies that reduce consumption.

    • LED lamps
    • Better fuel efficiency (fuel mileage, hybrid drives, alternative fuels)
    • Broader use of recycled goods
    • Better energy consumption of electrical appliances and devices
    • Thermal underground radiation for residential and commercial climate control
    • Better insulation requirements

    Again, none of the above (which are incomplete lists) alone can be a viable solution and each as their own set of problems to overcome. What is needed is a diverse portfolio of renewable energy technologies combined with a more conscious responsible use of resources. I really do believe that in doing this, there is a potential to achieve complete energy independence. What people seem to be having a hard time with is that this requires a huge infrastructural investment as well as the creation of a whole new industry. The infrastructural problems, I think, will work themselves out as the potential of ROI of these different technologies becomes attractive. A jump start from the government would help as well.

    --
    Faith is a willingness to accept something w/o complete proof and to act on it. Reason allows you to correct that faith.
  28. Alcohol by FrameRotBlues · · Score: 2, Interesting

    I'm pretty sure it's some form of alcohol. Alky-burning dragsters and monster trucks can have ice built up on the outside of the block after a run, due to the way it's atomized and evaporates. Sure, it explodes, but with not a lot of heat. High compression ratios and a really high A/F mixture rule the roost here.

    Sure, it runs cool, but my guess is he'll be getting 6 or 7 MPG in a Honda Civic with it.

  29. New tag needed by SoundGuyNoise · · Score: 2, Funny

    Can we get a "Mr. Fusion" tag for stories like this?

    --
    You never expect irony, do you?
    Want to be a professional wrestler? Visit www.iyfwrestling.com
    @iyfwrestling
  30. Spell check - it's Vertroleum - and it's a scam by Anonymous Coward · · Score: 2, Informative

    By the way, it's Vertroleum, not Vetrolium. Now go to their web site at
    http://www.sustainablepower.com/
    and click on the stock link. Check out current price and the 5 year price chart. It's a penny stock that at one point - years ago - hit about $25 a share. I smell scam.

  31. that's nothing by circletimessquare · · Score: 2, Funny

    every year in this country, hundreds and hundreds of people are injured, maimed, and even killed by rattlesnakes, copperheads, coral snakes, cottonomouths, and the like

    what i do is i take specially trained teams into the places these vermin hide, and for free, for free, i take the snakes to a special pressing plant, where i press the snakes and turn them into a fuel you can use in your car!

    i call this amazing product...

    --
    intellectual property law is philosophically incoherent. it is your moral duty to ignore it or sabotage it
  32. fph is way too big for people to comprehend by NotQuiteReal · · Score: 2, Informative
    furlongs are kind of small, so the fph numbers are pretty big. I used to like leagues per hogshead.

    However, your system of measurement does have some merit. For example the average 500 lph car could be relabled as getting over 13,000 fph!

    These kinds of fuel economy numbers have staggering marketing potential, but may be just too good to be true. Nobody would believe a car could get "over 13,000 fph", the number is just too big for the average consumer who can't handle numbers bigger than, say the number of digits on their cable tv system.

    Therefore, I suggest we stick with simple furlongs per gallon, for an instant 8-fold increase in numberage. We can work our way up to yards per pint (but not the kind in those silly tourist glasses) and eventually to mindnumbing feet per barrel (where the average car would get over 4 MILLION).

    --
    This issue is a bit more complicated than you think.
  33. You DO want to produce CO2 by GerardM · · Score: 2, Insightful

    When you burn carbon based material, you do want it to burn to CO2. When the process of burning is incomplete, you get stuff like CO and soot. One is poisonous the other carcinogenic..

    The fact that we do not want to produce CO2 implies that we need more efficient engines and/or burn less fuel.
    Thanks,
            GerardM

  34. Re:Progress o Science doesn't mean locking away id by OwnedByTwoCats · · Score: 3, Informative

    If this pans out, it's a major problem for the oil companies, but a major boon to consumers, many of whom are voters.

    I don't anticipate many politicians standing in the way of $2/gallon gas with no net carbon emissions, no matter what happens to big oil. They'd get trampled in the stampede.