We Could Build a Coal-to-Gasoline Conversion Plant

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Can we assume you are not an economics major? ;)
mike hunt


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You can resort to calling me names if you are running out of arguments to support you position if you chose, I could not care less, but I certainly am not ignorant of the fact one can not refine crude to get to the carbon stock without producing gasoline or other volatiles. If they can not sell or store them, they will need to be burned off ;)
mike hunt

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Now we are getting to the crux of the problem, I never said 'oil companies have burned off "volatiles" in large quantities to get rid of them in recent years.' No wonder you can not prove that it. What I have been saying all along is what I said in my post. If they can not store gasoline or sell it a profit they will burn it off and take a tax credit as a capital loss ;)
mike hunt

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Again you miss quote, what I said was 'If they can not store gasoline or sell it a profit they will burn it off and take a tax credit as a capital loss....I told you before I do not do homework for my own grand children, I'm not about to do yours. If you really need to know when the oil companies burned of volatiles, in the past that they could not sell or store, I suggest you do a search, as I did. You might start by searching the IRS site. The tax returns of publicly held corporations are public records, viewable to anybody willing to search.. You will be amazed at how many billions in federal taxes the government collects form the oil companies, by the way.
As to that ability of one to take a capital loss, I pay of lot of money to attorneys and accounts for advice on when I can take a capitol loss, I suggest if you want tax advice, you can do the same. Lucky for me I generally have to pay capital gains taxes
mike hunt

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Why are you against top posting. Many email and newsreaders automatically top post.
My grip is people don't clip enough. Too much crap gets dragged along with every reply.
--
"[It's] time for the human race to enter the solar system."

-- Vice President Al Gore
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Top posting makes it harder to follow a thread.
Jeff

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Jeff wrote:

What about YOU, Jeff?
Do you live in a corner of your parents' basement, a block from school?
Or, how much of YOUR transportation needs DON'T involve fossil fuels?
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No, I live about 30 km from school. I take a diesel-electric train to the train terminal, then two electric subway trains. Most of my students either walk, take a diesel bus or the subway there.
jeff
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snipped-for-privacy@hotmail.com says...

And that electric is probably oil generated, and diesel is just another fuel oil produced from crude.
--
Carl Robson
Car PC Build starts again. http://smallr.com/rz
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says...

Yet, I use considerably less energy and produce less pollution than if I drove into school.
Jeff

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I'm with you on the mass transit idea, the only problem being is that ours sucks! We are just to plain greedy to invest in a good idea. I was born in New York City where they did have the brains to invest in it and it works great! They did have their hard time in NYC but recovered nicely and it's one of the best transit systems in the world.
Gerald
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NYC's transit system does have some short comings, like the idiots who manage it. In addition, it would be better if trains from NJ, upstate NY and Conn. would go to more places than just Penn Station, Grand Central Station and a few stops on the way.
In addition, there are some areas of NYC where the subways are not convient. And more subways are needed to go to the upper east side and harlem.
But it is an excellent system.
NYC has millions of people. That is very helpful in making a functional system. That is one reason why other smaller cities can't make a go of mass transit.
Jeff

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The first sentence turned me off right away. "people owned"? I hate those words because it reminds me of the old U.S.S,R.
You must be a socialist.
--
"[It's] time for the human race to enter the solar system."

-- Vice President Al Gore
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wrote:

What's wrong with that? No private industry will touch this and energy turns out to be a strategic asset. Free markets are great for allocating resources but do not do strategic planning. Building something as a nation can make a lot of sense.
I noticed a guy at a store the other day. He was wearing a t-shirt commemorating the Rutan project's ascent into space. The usual "Capitalism 1, NASA 0" sort of message.
Except - that's not the score. Getting 100km off the ground is a fairly notable achievement. One that NASA managed in 1962 or so. I remember watching it on a black-and-white TV.
And 100km off the ground and then straight back down is not near as impressive - or dangerous - as re-entry from a 160km orbit at 30K km/sec.
Nor has Rutan made it to the Moon. A small matter of getting up out of TWO gravity wells and completely escaping both.
The score is more like "Capitalism 0.1, NASA 32." Rutan took a baby-step towards useful space travel.
Oh, and the capacity of SpaceShip 1 or whatever it's called is a pilot and three passengers. No luggage. No supplies for a few days in space. The Shuttle can lift tons into orbit and stay there for days. An EDO Shuttle can stay up for a couple of weeks.
So, while I think a coal-to-liquid fuel conversion plant is a bad idea, I don't think a project owned by the people for the people will necessarily be a bad idea.

Hilarious. Say, did you watch "Great Presidential Speeches" on Letterman last week?
***
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Really? The company that is being built in Pa to covert coal to oil plant is a private capitol company, that was given $100,000,000 in federal seed money, by the President, through the DOD.
mike hunt

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allocating
km/sec.
baby-step
and
The
Shuttle
I
necessarily
Letterman
***
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This project really is a good idea but needs to be expanded way past one plant.. It is real and we will all benifet.
Gerald
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That may well be if the price of crude get high enough to make the process competitive. Consumers are not going to buy higher cost alternative fuels just to save the planet. they will only do so when they can save money.
mike hunt

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