Coal to Gas??

Interesting news article.......

http://money.cnn.com/video/#/video/news ... l.cnnmoney

Here's the issue:

By baking coal rather than burning it

From the article he said it was 40% gas, and you'd get 130 gallons of fuel from a ton. The trouble is 1 ton of coal is equal to about 180+ gallons of fuel oil so I really don't see the point. You're wasting energy to create a specific product, instead they should invest in burning it cleanly and efficiently to produce electricity which in turn could be used to power electric cars.

Agreed, but if this could be done now.....it would be a better than paying $4 a gallon untill we can get something else going. Think what you could save if you could do this in your backyard.

Either something's fishy, or this guy deserves to be a billionair. In the video he said a ton of coal produces 130 gallons of methanol AND 1.34 megawatts of electricity. Retail price for that power is over $240!