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October 13, 2006
The future of “non-conventional” oil
Analysis of: Saudi: Just 18 Pct. of World Oil Tapped | www.washingtonpost.com
Author: GLG Expert Contributor
Analysis of: Saudi: Just 18 Pct. of World Oil Tapped | www.washingtonpost.com
Author: GLG Expert Contributor
“Non-conventional” oil produced from certain rocks, coal, and natural gas is already a competitive alternative to regular oil.
Currently, more than 150,000 barrels per day of Synfuel (Synthetic Fuel) are already obtained from coal, and the numbers will keep growing. Just 5% of the US’ coal...
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