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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: microhoogle! who wrote (22801)2/3/2005 2:40:32 PM
From: RealMuLan  Read Replies (1) of 116555
 
"The costs of operating the South African company's plants are far less than those that current American technology allows. "

Strategy for an Energy-Starved World: Go Coal!
yaleglobal.yale.edu

Here said China signed the agreement with Sasol for building 2 plants.
"China signed an agreement with Sasol, a South African energy and chemicals firm, to build two coal-to-liquid fuel plants in China. These plants, costing $ 3 bn each, are reported to jointly produce 60 mm tons of liquid fuel (440 mm barrels) a year. Since China imported 100 mm tons of oil last year, these plants would give China much control over its domestic energy situation, though its demand is growing fast. The raw material and capital costs of a barrel of fuel would fall under $ 10 and other costs would not bring total costs over $ 15. "
gasandoil.com

Cost in the US (Page 10) is $29-$30 BBL
energycommission.org
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