Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Elroy Jetson who wrote (11413)	11/11/2006 4:01:38 AM
From: Maurice Winn	Read Replies (1) \| Respond to of 218108

Elroy, I'm surprised that Orimulsion was still going in 2004. I assumed it had died a decade or more ago. It was developed during the panic of the early 1980s, after the Iranian revolution, so it wasn't at the time a crazy scheme compared with lots of other projects to get energy. It was aimed at displacing coal, so it had to be priced low enough to displace coal. It wasn't a Ferrari fuel. It was muck to go in power stations. I don't think BP was making money on it [from what I saw]. It never made it past a development project, consuming R&D funds as far as I knew, though it did get used in some actual commercial power stations [one anyway that I'm aware of]. They weren't destroying value through making it into Orimulsion. It was either emulsified or stayed in the ground. It's all just $ and cents. Each technology and resource has an economic value and will or won't be used depending on its place in the pecking order. The main point is that there is a vast reserve of energy sitting there which costs only $5 a barrel [or $7 with the water deducted], so the idea that energy is a $100 a barrel commodity is false. Crackers and hydrogenation can do a lot economically when things are cheap enough. Methane is cheap these days too. So there's hydrogen available at passable prices. I suppose I could ask Google for the latest [or go to the Orimulsion url]. I used to think Enya's "Orinoco Flow" was a great theme song for Orimulsion. 80smusiclyrics.com Mqurice