106 bbl/d World oil production ! THE CONCENTRATED EFFORT OF THE FEDERAL GOVERNMENT IN THE DEVELOPMENT OF Source: Projected Need for Commercial Production and Use of Synthetic Department of Energy, Assistant Secretary for Conservation and THEY COULD REPRESENT MORE THAN 5% OF THE LIQUID FUEL MARKET BY 1990. AT THIS LEVEL, SYNTHETIC CRUDES WOULD BEGIN TO HAVE A NOTICEABLE EFFECT ON THE SUPPLY OF TRANSPORTATION FUELS. Source: 40 30 20 20 10 R. F. Wilson and W. T. Tierney, Texaco Inc., Future Transportation Fuels - Optimization of the Vehicle-Fuel-Refinery System, presented at the American Petroleum Institute 41st Midyear Meeting, Refining Division, Los Angeles, Calif., May 10-13, 1975. CASH INVESTMENT PROJECTIONS, OPEC PAYMENTS, BILLION $ THE FIGURE BELOW, THOUGH PARTLY CONJECTURAL, ILLUSTRATES THE TECHNOLOGICAL- Note 1: Note 2: Note 3: If coal and oil shale systems can be brought on line on sufficient scale to provide a more than adequate supply of transportation fuels, and if these fuels are in forms similar to present day gasoline and diesel fuels, no significant technology development or deployment would be required in the trucking/automotive industry. This is the future preferred by the original equipment manufacturers and users. This future scenario is not assured. SRI projected fuels industry investment, at 5% inflation rate, required to sustain the conventional fuels industry and develop the synthetic fuels from coal and oil shale industry. SRI projected fuels industry investment, at 5% inflation rate, required to sustain the conventional fuels industry. Fig. 5.13 A Concept of the Long-Term Energy Future of Transportation Source: University of Miami and Escher Technology Associates, for IT IS TABLE 5.12 SUMMARIZES THE CONVERSION EFFICIENCIES, COSTS, AND POTENTIAL AVAILABILITY OF CONVERTED Table 5.12 Liquid Fuel Conversion Efficiencies, Costs and Potential Availability, 1976-2000 Constant 1977 dollars at time technology is ready for commercialization (which varies with feedstock/process). 1 the process of Municipal Solid Waste to reclaim energy (either liquid or gaseous forms) the collection costs can actually be considered as a Current market prices. NA - Not available. Source: Department of Energy, Office of the Under Secretary, Task Force on Fuels, Alcohol Fuels Frogram Plun, Alcohol Fuels Program, Washington, D.C., COAL RESOURCES IN THE UNITED STATES ARE EXTENSIVE, HOWEVER DEPOSITS VARY GREATLY WITH RESPECT TO CHEMICAL COMPOSITION AND COSTS OF EXTRACTION AND TRANSPORT. WHILE SYNTHETIC FUELS FROM COAL HAVE BEEN IDENTIFIED AS FEASIBLE ALTERNATIVE TRANSPORTATION FUELS, THE ABOVE FACTORS MAY AFFECT THE TIMING AND DEGREE OF THEIR PENETRATION INTO THE TRANSPORTATION SECTOR. Source: Southwest Research Institute, for Department of Energy, |