Thursday, April 12, 2012

Natural Gas >>>Diesel

Royal Dutch Shell PLC is considering building a giant plant in Louisiana that would convert natural gas into diesel fuel. The link below requires a subscription but you can google to find out more about the trend of converting gas to diesel. It is not a new technology but requires a fairly high cost of the liquid fuel and a cheap cost of the gaseous fuel to make it profitable. Apparently we are nearing that point now.
http://online.wsj.com/article/SB10001424052702304072004577323770856080102.html?mod=WSJ_hp_LEFTWhatsNewsCollection

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