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SMIPP

Musings from the Chiefio

I’ve spent a day or two chasing after an assertion that “Coal To Liquids” was economical at present oil prices. Last I had looked into it, the economical point was about $70 / barrel of oil price. That itself was down from the $80 to $90 of prior years. Since oil has been running about $90 / bbl lately, all of those would seem to be “economical”, but oil companies like to make a big fat profit; not be just marginally hanging on. Then there is the fact that oil price can swing rapidly sometimes far into the low end. Just recently it had run down to about $70 on the economic recession.

The assertion I was chasing was that it had been economical since about 1994 and had stayed that way ever since.

Richard S. Courtney had made that assertion in a couple of comments. At Jonova’s and at…

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SMIPP Ltd is a DG Independent Power Plant Private Joint Stock Company. 25-60 MW Gas Turbines Power Generators

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