A company called Syntroleum does that: it makes diesel fuel and jet fuel from natural gas.
Motley Fuel has an article titled "Four Companies With Tomorrow's Fuel," and then they showcase five companies. Whatever.
They are all interesting but Syntroleum making diesel fuel and jet fuel (for the USAF) from natural gas is most intriguing.
Apparently Sasol (SSL) and Shell are the leaders in this technology (making liquid fuel such as diesel from natural gas).
I believe Sasol very recently invested 2B in JV with Talisman to convert gas to diesel in Western Canada.
ReplyDeleteI don't follow this industry that closely so I wouldn't know but googling "Sasol, Talisman" results in many, many hits reporting a very close relationship.
ReplyDeleteThe more I read, the more I am convinced 2000 - 2010 was the "Lost Decade" -- taken off course by concern with global warming. Of course, much new alternate fuels research (gas-to-liquid) could not have happened without oil going to $60/bbl or more.