29 May '11, 4pm

Shell to begin construction of Prelude floating liquefied natural gas facility

Good: right now oil companies mindlessly flare natural gas as a waste product in oil production fields: releasing billions of pounds of air pollution and wasting billions of dollars worth of a market commodity because they claim it is not feasible to capture, condense and transport these fuels to markets where they can sell them. WRONG Shell own the intellectual rights and technical capacity and has demonstrated their ability to convert natural gas to liquid fuel using the fischer tropisch reactions employed in their proprietary Shell GTL fuels technology (gas to liquids). The production of GTL fuels requires a retail price point of ~$4USD/ gal: something the marketplace is already yielding. This is one step in the right direction :) and I applaud Shell for doing things, better late then never. Although I have often claimed the oil companies like Shell are societies enemie...

Full article: http://green.autoblog.com/2011/05/29/shell-to-begin-const...

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