(Reuters) - Although potentially more polluting than other alternatives, coal-to-liquids has the advantage of relying on widely-available raw material. The rising cost of much scarcer oil resources is making it commercially viable.
"It's not a silver bullet, but it's part of the mix," said Corey Henry of the U.S.-based Coal-To-Liquids Coalition. "With oil anywhere between $45-$55, you can produce a profit."
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"It's not a silver bullet, but it's part of the mix," said Corey Henry of the U.S.-based Coal-To-Liquids Coalition. "With oil anywhere between $45-$55, you can produce a profit."
Read more at Reuters.com Hot Stocks News
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