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Microcap & Penny Stocks : Rentech(RTK) - gas-to-liquids and cleaner fuel -- Ignore unavailable to you. Want to Upgrade?

To: Modano who wrote (8775)	9/15/1998 7:36:00 PM
From: Howard Williams	Respond to of 14347

To all. Additional observations from the Benham/Yakobson-authored paper given today in Pittsburgh. First, a correction of sorts. Modern coal-fired combined cycle plants are already being built and utilized. So that's part of "today" as opposed to what I said earlier, and F-T can be added to that level of technology.....it's not a two-step process from where we are today. Secondly, during my second reading (and combining it with info from recent Oil & Gas Journal stuff) I was struck by the fact that India and China may be the biggest users of IGCC/F-T in the relatively near future. They have huge new energy needs on the horizon, both stationary electrical power generators and fuels for growing numbers of domestic transportation vehicles. They have vast coal reserves. They have a shortage of domestic crude oil. Implementing IGCC/F-T would give them access to relatively clean electrical power (lower pollutants than coal-fired steam turbines) and high-grade diesel and petrochemicals. It would lower their dependency on imports and foster development of their own higher technology industries with attendant jobs. This is not to say IGCC/F-T won't be important to the U.S.A. in the long run. We are heavily dependent on foreign oil (currently dirt cheap, but......) and have vast coal reserves nationwide. I hope RNTK puts the paper on their site. It's an impressive tutorial, reflecting a lot of thought, analysis and hard work. It's not a rah-rah RNTK thing. But it's darned clear they believe there are important applications for their technology both today and for years to come worldwide. Maybe more later. Explaining "increased energy efficiency, decreased carbon intensity, and carbon sequestration" in depth is a little heavier. BTW, there's never been any mention of TX getting an exclusive on RNTK's technology in the natural gas GTL arena that I know of. So there's room for RNTK to be talking to lots of companies without infringing on the potential TX deal for GTLing gasified liquids and solids, whatever it (hopefully) includes. Best to all, H.W.