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Clean New Baseload Generation Coal-to-Liquids & Coal-to-Gas
Plug-in Electric Hybrids Fast Fact U.S. production of natural gas has decreased since 2000, despite a 30% increase in wells. |
Coal-to-Liquids & Coal-to-GasAmerica is Running on Empty, But Coal Can Fill Up the TankThe United States continues to increase its dependence on oil imports as domestic production has declined, and a growing number of experts forecast peak oil. U.S. oil imports are likely to reach 62 percent and world oil demand is expected to increase more than 40 percent by 2030, according to the U.S. Energy Information Administration. Petroleum accounts for about 40 percent of U.S. energy consumption, and about 95 percent of U.S. transportation is dependent on liquid fuels. For every 10 barrels of oil consumed in America, six are imported, primarily from the Middle East where Saudi Arabia holds 27 percent of the world’s oil. But America has more coal than Saudi Arabia has oil, and five times more coal than U.S. oil and natural gas reserves combined. America can break its addiction to imported oil through greater use of coal-to-liquids, a process that uses proven technology to transform coal into transportation fuels, including diesel and jet fuel. The energy in U.S. coal is equivalent to some 800 billion barrels of oil, more than three times the energy equivalent of Saudi Arabia’s oil. Peak Oil? World Oil Discoveries Plummet ![]() Source: ASPO-Ireland, Newsletter, August 2007; U.S. Energy Information Administration, World Petroleum Consumption, 2008; and Management Information Services, Inc., 2008 Extensive exploration of world oil reserves has occurred for the last 30 years, but consumption far exceeds discoveries. Many analysts have become more pessimistic about the possibility of finding huge new reserves to meet growing demand.
Btu conversion technologies allow coal to be turned into clean electricity, natural gas and transportation fuels, and technology is being advanced to capture and store carbon dioxide. |
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