Oil is not dead yet!
First of all I want to say that I know I haven't been writing many tech articles lately and I've disappointed quite a few of the people reading this blog. I intend to rectify that, even if I am suferring from one of those dry tech spells at the moment :)
Anyway, about the oil. What if one could replicate the process that creates oil naturally, speed it up, and use it to not only for creating oil, but also for getting rid of a lot of organic waste? The technology is called Thermal Depolymerization and is pattented by the Changing World Technologies company. So, if one is to believe the Wikipedia article, while the test factory and the company itself have had problems ranging from technological hickups, to having to pay for the waste they use as fuel up to neverending complains from neighbours about the smell of bio waste, the technique was shown to work!
So, while the process does allow the production of slightly cheaper oil than the one extracted, it will certainly gain a big boost from the increase of prices in underground oil.
Here is a link to a 2003 interview with the CEO of Changing World Technologies, but utterly demolished by Paul Palmer, a chemistry PhD here. Also, this process is nothing very new or unique! there are other methods that are said to transform organic waste to Ethanol, as described in this link. So, oil may not dead yet.
Anyway, about the oil. What if one could replicate the process that creates oil naturally, speed it up, and use it to not only for creating oil, but also for getting rid of a lot of organic waste? The technology is called Thermal Depolymerization and is pattented by the Changing World Technologies company. So, if one is to believe the Wikipedia article, while the test factory and the company itself have had problems ranging from technological hickups, to having to pay for the waste they use as fuel up to neverending complains from neighbours about the smell of bio waste, the technique was shown to work!
So, while the process does allow the production of slightly cheaper oil than the one extracted, it will certainly gain a big boost from the increase of prices in underground oil.
Here is a link to a 2003 interview with the CEO of Changing World Technologies, but utterly demolished by Paul Palmer, a chemistry PhD here. Also, this process is nothing very new or unique! there are other methods that are said to transform organic waste to Ethanol, as described in this link. So, oil may not dead yet.
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