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They claim it at $30/barrel, (42 gallons in a barrel according to google calculator), which makes it about $0.7142 per gallon of produced fuel (wholesale). Fac
by 1053r 16y ago
They claim it at $30/barrel, (42 gallons in a barrel according to google calculator), which makes it about $0.7142 per gallon of produced fuel (wholesale). Factor in distribution and retailing markups and taxes and you are probably going to double it or more, but still.
Cheap gasoline limited only by area (not even land area, since presumably you could produce this in sea water) and sunlight? Sounds too good to be true. Anyone have a corroborating source other than the globe and mail?
- ph0rque 16y agoTo take your analysis further, $0.71 per gallon of gasoline comes out to $0.02 per kWh... even with 100% markup, $0.04/kWh is very cheap energy. You're right, it sounds too good to be true.
- Retric 16y agoPower plants are only 40% efficient at best and cars are lucky to be 20% so it's really about the same cost as an electric car. PS: Not that I think it's accurate; 16% efficiency is not bad for a solar cell, suggesting you can get a bio fuel plant close to that is a hard sell IMO.
- stcredzero 16y agocars are lucky to be 20% so it's really about the same cost as an electric car. Except that your range is going to be a whole lot better and the maintenance costs for your storage device are a whole lot smaller.