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To: microhoogle! who wrote (22801)	2/3/2005 1:48:06 PM
From: Knighty Tin	Read Replies (1) \| Respond to of 116555

If they develop energy independence over the next 20 years, it is game, set and match for the world economy.

To: microhoogle! who wrote (22801)	2/3/2005 2:23:43 PM
From: RealMuLan	Read Replies (1) \| Respond to of 116555

There is another one in Shannxi, invested $3.6 billion, using the technology from Sasol in S. Africa. And China now is also doing the research on their own, which will decrease the cost significantly. Message 20316354 And BTW, in case you did not realize<g>, China has had a new leadership since 2003, which has switched China back on a right track. At least up to now.

To: microhoogle! who wrote (22801)	2/3/2005 2:40:32 PM
From: RealMuLan	Read Replies (1) \| Respond to 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