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› Petrochemical alchemy: Cheap gasoline and plastics, produced from cheap and abundant natural gas, is almost here
Petrochemical alchemy: Cheap gasoline and plastics, produced from cheap and abundant natural gas, is almost here
2014-01-15 15:12:23| Extremetech
Siluria, after five years of research, seems to have finally stumbled across a cheap method of converting natural gas into gasoline. Because natural gas is much more abundant and less in demand than crude oil, it's only one fifth of the price -- about $20 for the natural gas equivalent of a $100 barrel of crude. After Siluria's conversion process, it may be possible to halve the price of gasoline and other oil-derived products (commodity chemicals, plastics). The best bit: Due to Siluria's rather unique research methods, it has no idea why or how its process works -- only that it appears to work rather well.
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