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Microcap & Penny Stocks : Rentech(RTK) - gas-to-liquids and cleaner fuel
RTK 0.200+5.3%Oct 13 5:00 PM EST

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To: hoopsville who wrote (4826)5/9/1998 3:59:00 PM
From: John S. Baker  Read Replies (1) of 14347
 
Brings up a question I have never heard the answer to....


What is currently done with refinery bottoms, and what does it cost the refinery to do that? Or, if bottoms currently are processed somehow into a useful product, what does it cost to do that and what is the product worth.


What I'm trying to get at here is the relative economic value of using RNTK's process as a *substitute* for the current method of getting rid of bottoms.


Quite possibly this relative economic benefit will not be a function of crude oil prices???? But rather of environmental concerns? Or of the market for specific byproducts? Or? Or? Or?


> The economics of the process are greatly dependent on the price
of petroleum products which depends on the price of crude which
can vary greatly. <
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