James,
Your reference to SASOL’s gas-to-liquid synfuel project in Louisiana reminded me of a recent news story about Sinopec’s joint venture in Medicine Bow, Wyoming to produce liquid fuel from coal.
They claim to be able to convert 1 ton of coal (Powder River Basin mine-mouth value: $10) into two barrels of petroleum product (value: $200+).
A great idea, if it works, but I can’t say I’m excited about inviting the Chinese into our backyard to do this.
Best Regards, – Don in Oregon