[Gizmag] Breakthrough promises $1.50/ gallon synthetic gasoline. - Page 2

cab2g · 01-27-2011, 01:53 PM

I knew they could figure out how to make synthetic gasoline for cars. I just figured the cost to make such fuel is greater than the cost of gasoline currently. So therefore, nobody uses it.

But this, if true, and if it actually releases less carbon in the environment in its manufacturing than gasoline in its manufacturing and use, would surely be a revolution.

THE EVIL TW1N · 01-27-2011, 01:55 PM

Quote:

Originally Posted by Shardik2SS

Gas is supposed to hit the $4 mark here in Cali soon.

real soon... it's $3.79 a gallon around here.

viper1cobra · 01-27-2011, 02:00 PM

Its $3.96/Gallon Here.

GbrilliantQ · 01-27-2011, 02:03 PM

It's still hovering around 3.09 here..

Black5thgen · 01-27-2011, 02:16 PM

What it will take is the car manufacturers to step up and fund these alternative fuels. If gas reaches $6 a gallon than kiss any economic recovery goodbye. Unempoyment will sky rocket and the economy will recede even deaper. Synthetic gas will be a reality but the kicker is once it's a viable threat the oil companies will lower their prices.

*DGthe3* · 01-27-2011, 02:46 PM

A cheap, hydrogen based fuel will need cheap, abundant hydrogen. Nobody has developed an economical way to produce hydrogen at both the cost and the quantities required.

Quote:

Originally Posted by Shardik2SS

Gas is supposed to hit the $4 mark here in Cali soon.

Gas is already over $4/gal here, has been for several months. Its not that big of a deal really. Sure it would be nice if it were cheaper, but you can say that about anything. And for reference, gasoline in Europe is generally between 7 and 8 dollars a gallon right now.

a_Username · 01-27-2011, 02:52 PM

Who would of thought? Another company that steps in to right the inevitable failure of government. BTW, +1 for Cella Energy!

Dave McFly · 01-27-2011, 03:40 PM

$3.35 a gallon in west NY

GMPilot · 01-27-2011, 03:42 PM

Quote:

Originally Posted by viper1cobra

Its $3.96/Gallon Here.

I don't get it. You guys are close enough to swim out to the rig and get it yourself, too.

afireinside · 01-27-2011, 04:37 PM

No the Trillion-are oil company will NEVER allow this. Gas should be that now, they mark it up 1-2 per gallon as is

*Mr. Wyndham* · 01-27-2011, 08:56 PM

Quote:

Originally Posted by Black5thgen

What it will take is the car manufacturers to step up and fund these alternative fuels. If gas reaches $6 a gallon than kiss any economic recovery goodbye. Unempoyment will sky rocket and the economy will recede even deaper. Synthetic gas will be a reality but the kicker is once it's a viable threat the oil companies will lower their prices.

As long as the alternatives take a real hold...and can be truly competitive...than we will see a revolution in the fuels marketplace: Competition. Right now...you have gas....or gas. Imagine seeing stations on every corner, except some of them offer different types of fuel that can all go into your car.

If the Oil Companies do anything...they'll try to buyout the little guys and bring in the profit themselves...not kill it. They're already investing in alternatives because they know they aren't going to be able to sell oil forever.

*DGthe3* · 01-27-2011, 09:09 PM

Quote:

Originally Posted by afireinside

No the Trillion-are oil company will NEVER allow this. Gas should be that now, they mark it up 1-2 per gallon as is

By mark up, do you mean above and beyond a 'reasonable' proffit? If so, you're mistaken. Profit margins at the pump are usually fairly thin. The insane profits that get reported are based off of selling an enormous volume.

They make a good deal of their money based on the price of oil as a commodity. As I understand, oil gets sold at market value, not production cost + X profit. So if crude futures are trading at double or tripple the extraction cost, profits go way up for anyone extracting oil. If, for some bizarre reason, the market dictates that crude should be sold at $5/barrel (far less than the extraction cost) ... all the oil companies would be in serious trouble.

*The_Blur* · 01-27-2011, 10:32 PM

Quote:

Originally Posted by DGthe3

By mark up, do you mean above and beyond a 'reasonable' proffit? If so, you're mistaken. Profit margins at the pump are usually fairly thin. The insane profits that get reported are based off of selling an enormous volume.

They make a good deal of their money based on the price of oil as a commodity. As I understand, oil gets sold at market value, not production cost + X profit. So if crude futures are trading at double or tripple the extraction cost, profits go way up for anyone extracting oil. If, for some bizarre reason, the market dictates that crude should be sold at $5/barrel (far less than the extraction cost) ... all the oil companies would be in serious trouble.

This is very accurate. You can make a huge amount of money hedging oil futures. If you're crazy enough to actually make bets, speculators who win those bets can become instant millionaires. Of course, the risks of speculating are staggering.

nester7929 · 01-27-2011, 11:44 PM

Every couple of months I read about some new miracle fuel that will save us all. I'll believe it when I see it.

Or when I can afford a Tesla Roadster.

01-27-2011, 01:53 PM	#15
cab2g love. my. car. Drives: 2011 2SS/RS Join Date: Jul 2009 Location: Chicago Posts: 3,372 View My Garage	I knew they could figure out how to make synthetic gasoline for cars. I just figured the cost to make such fuel is greater than the cost of gasoline currently. So therefore, nobody uses it. But this, if true, and if it actually releases less carbon in the environment in its manufacturing than gasoline in its manufacturing and use, would surely be a revolution. __________________

01-27-2011, 02:00 PM	#17
viper1cobra Member Club Elite #131 Drives: 2017 50th Anniversary H50 2SS Join Date: May 2009 Location: Far West TEXAS Posts: 1,729 View My Garage	Its $3.96/Gallon Here. __________________

01-27-2011, 03:40 PM	#22
Dave McFly new car smell Drives: 2007 Ford Mustang 'Natasha' Join Date: Jan 2007 Location: Jamestown, NY Posts: 2,115 View My Garage	$3.35 a gallon in west NY __________________ "May the forces of evil become confused on the way to your house." George Carlin

01-27-2011, 04:37 PM	#24
afireinside Firefighter/Medic Drives: 2010 Camaro 1SS LS3 IOM, 2008 Z71 Join Date: Oct 2010 Location: Detroit Michigan Posts: 233 View My Garage	No the Trillion-are oil company will NEVER allow this. Gas should be that now, they mark it up 1-2 per gallon as is __________________ Mods: LSR Sway Bars, LSR Short throw shifter, MPD1 spoiler, Heritage Grille, 5% Limo tint

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a_Username Drives: 2010 2SS Camaro Join Date: Jul 2009 Location: Murfreesboro, TN Posts: 3,890 View My Garage	Who would of thought? Another company that steps in to right the inevitable failure of government. BTW, +1 for Cella Energy!

01-27-2011, 11:44 PM	#28
nester7929 Rice Harvester Drives: 2014 Bright Yellow 2SS/RS Join Date: May 2008 Location: Plainview, TX Posts: 1,449	Every couple of months I read about some new miracle fuel that will save us all. I'll believe it when I see it. Or when I can afford a Tesla Roadster.