27 Feb '12, 5pm

Enlisting Nanoparticles to Help Replace Oil

The world has a lot of natural gas and not nearly enough crude oil. To address the imbalance, some companies have tried to convert the gas into a liquid that can substitute for refined oil products like gasoline and diesel, but the idea has not taken off in this country. It may be simpler to convert vehicles instead and have them burn natural gas instead of gasoline or diesel. Jean Parsons Tanks made of carbon fiber composite materials, incorporating nano-materials to make them lighter and stronger. This logic has become stronger as the price of oil has risen on the global market and the price of American natural gas has declined. Lately oil has been trading at around $100 a barrel, but the same amount of energy can be bought for about $15 as natural gas when that fuel is trading in the range of $2.50 per million B.T.U.’s, as it has recently. (An average barrel is 5.8 mill...

Full article: http://green.blogs.nytimes.com/2012/02/27/enlisting-nanop...

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