"JoeSpareBedroom" wrote in message
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"Eisboch" wrote in message
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Estimates vary, but it is believed that there is at least an 80 year
supply of oil obtainable from coal if it supplied all of our energy needs
at current rates. It would last much longer when supplemented by
conventional oil reserves, solar and wind energy.

The process to convert coal to oil becomes economically justified when
regular oil prices exceed $35 per barrel.
China is busy building several coal to oil conversion plants.

Why isn't this technology and resource being tapped into in the US?

Eisboch


80 year supply? Meaning enough to supply our oil needs for 80 years? Or,
just an 80 year supply of oil from that source (coal), meaning that's the
life of that particular industry?


According to the articles I read (all of which are in general agreement)
there is enough oil from coal available in the US to last approximately 80
years at current levels of usage. This assumes that *all* the oil used for
energy is coal derived. When you add the additional, liquid oil reserves
and production, plus solar and wind, the energy supply from all sources
extends well beyond that.

The point of the articles was that we are not likely to slam into an energy
shortage in the near future, contrary to many gloom and doom predictions,
and oil from coal can provide additional time for the development of new
energy sources. But, we need to get serious and busy.

Eisboch