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Company Claims Potential Magnification In Bio Fuel Production
duanes1967 writes "A company called Joule Biotech claims to have a breakthrough in biofuel production. Their process can create 20,000 gallons of fuel per acre per year at a cost of about $50 per barrel. 'Algae-based biofuels come closest to Joule's technology, with potential yields of 2,000 to 6,000 gallons per acre; yet even so, the new process would represent an order of magnitude improvement. What's more, for the best current algae fuels technologies to be competitive with fossil fuels, crude oil would have to cost over $800 a barrel says Philip Pienkos, a researcher at the National Renewable Energy Laboratory in Golden, CO. Joule claims that its process will be competitive with crude oil at $50 a barrel. In recent weeks, oil has sold for $60 to $70 a barrel.'"
Just brand this as "$50/barrel oil derived from harvesting common, readily available snakes and processing them in a revolutionary (and certainly patent-pending) way".
Nah, say whatever you want, skeptic. When my ORBO arrives, I'll be the one laughing!
Any life is made up of a single moment, the moment in which a man finds out, once and for all, who he is.
Exxon? Investing in something? Never! Heck with what 10 billion a year in research investments, all you have to do is start a website saying you're doing bio-fuel research with a valid mailing address somewhere on the homepage, and more likely than not Exxon will just mail you a check for $2500.
moox. for a new generation.
we should name a unit of energy after the company
The real question is, how many snakes can we raise per acre, and what's the average oil yield, per snake? Can snake oil become competitive with crude oil? *grin* If the snakes are green, does that make it truly green energy?
> Yes, your fuel may soon come from a genetically engineered non-algal microbe.
They'll be banned in Europe. Ain't natural.
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