Gasoline vs. Petroleum

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Difference between Gasoline and Petroleum

For many people, gasoline and petroleum are virtually synonymous with one another, although there are, of course, clear differences. In some places, you could just as easily load up car with petrol, just as you would fill it up with gasoline in another country, which adds quite a bit to the confusion. What are the differences between gasoline and petroleum? Let's take a look!

Gasoline
Petroleum

Definition

Gasoline (also called petrol in some countries) is a liquid derived from petroleum. It is mainly used as a source of fuel for internal combustion engines, although it is often used as a paint solvent as well, due to its ability to dilute paint.

Petroleum (also known as crude oil) is the raw material from which gasoline is derived. It is a naturally occurring and flammable substance that is comprised of different types of hydrocarbons with different molecular weights, as well as a variety of organic compounds, all of which occur naturally underneath the surface of the Earth.

Composition

Gasoline is made up of a variety of hydrocarbons that are derived from petroleum by way of a distillation process. During this process, either iso-octane or toluene or benzene is mixed in with the petroleum in order to increase its octane level. In addition, some other compounds may be added in order to improve engine performance or to reduce emissions. Ethanol may also be included.

Petroleum on the other hand is supposed to be comprised only of crude oil, although in reality, a certain amount of natural gas is included in the mix as well. Under normal atmospheric conditions the methane, ethane, propane and butane hydrocarbons occur as gas, as they are considerably lighter than the other ingredients. The heavier ingredients of petroleum such as pentane on the other hand are commonly seen in the form of solids or liquids.

Uses

Gasoline is of course widely used as a fuel source for internal combustion engines, such as those found in cars, boats, and heavy and light equipment. In addition, gasoline was also widely sold as a grease remover, due to its solvent properties. Gasoline is also commonly used in kitchen appliances and even for gas-driven lamps.

Petroleum is not typically used in its raw form and is instead brought to an oil refinery where it is processed into any one of many different products. Depending on the desired end product, a number of other substances and chemicals may be added to the petroleum as well. Among the products made from petroleum are liquefied petroleum gas or LPG, methane, diesel fuel, kerosene, jet fuel, and of course gasoline.

Similarities and Differences

Gasoline 

  • Also called petrol in some countries
  • Derived from petroleum
  • Comprised of different types of hydrocarbons with different molecular weights
  • Widely used as a fuel source for internal combustion engines

Petroleum

  • Not typically used in its raw form
  • Processed into many different products including diesel fuel, kerosene, jet fuel, and gasoline
Which term for fuel is better?
  • Gasoline
  • Petroleum
 
 

Discuss It: comments 13

  • Guest
  • William Smallwood wrote on May 2018

50 cf methane gas weighs 1 Kg weighs 1 Litre of Jet Fuel!

5,700 cf Methane gas (~ 114 Kg) = 1 Barrel of Oil Equilvolent (42 gallons ~ 4 x 42 = 168 Litres = 168 Kg)

1 Litre or cubic decimeter of water = 1 Kilogram

8,500 cfmg weighs ~ 170 Kg NOT 1,000 cf but 8,500 cubic feet of methane gas!

Thus 8,500 cubic feet, or 170 Kg, makes 1 barrel of Jet Fuel! Forget about 1,000 they implied cause that amount will only get you about 10% done!

At $5 / MMCF, your $5 can buy ~ 200 BOE!

So they must be off by 1,000 times! All of MMCFs below become MCF!

At $10/MCF, a barrel of jet fuel can be made for $95! For $20/MCF, a barrel of jet fuel can be made for $175! But gas costs 5$ / MCF which makes a barrel of jet fuel for $54.60! It's more productive than just flaring your "flare gas"! Take note Suncor Energy!

At $5/MCF, the conversion costs $15 + $5 x 0.125 MCF = $55 / 159 Litres = $0.325 / Litre

42 gallons x 4 litres/gallon = 168 litres! 168 litres x $0.325 / litre = .840 + 3.360 + 50.400 = $54.600 a US barrel < $78/barrel < $90/barrel so it's a profitable investment!

William (Roy Whiteway) Smallwood 834-9700

Part 1: natural gases' 8 Methane gases may be electrolyzed into 1 Octane gasoline! I can create synthetic Octane gasoline from 1) 8 Methane gas from natural gas, and 2) electricity! This process needs to be invented by me first. Part 2: reward 40% of my patents' income for financing this inventive experiment! Can you please help me to make Octane gasoline, jet fuel, from 8 Methane gas and electricity, for 40% of said patent estimated to cost you $5,000 - $20,000? The patent will be extended internationally!

How to Turn Cheap Natural Gas into Low-Carbon Gasoline - The Atlantic

https://www.theatlantic.com/technology/archive/...natural-gas...gasoline/371310/

May 21, 2014 - The ethylene then can be converted to gasoline, diesel or jet fuel through Siluria's process. siluria.com chief executive Edward Dineen estimates that at commercial scale the company's technology can produce gasoline for about $15 a barrel, not counting the cost of natural gas. “As long oil is eight times more ...

We can use this technology to convert the natural gas found east of Canadas' 200 mile limit, but reachable by our Offshore Oil Production Platforms, into Jet Fuel!

Reply to William (Roy Whiteway) Smallwood, roy.whiteway55@gmail.com 709-834-9700

Remember 1 barrel of oil (42 US gallons) must cost $15 a barrel + $0.125 / MCF for $10 a MCF @ $95/barrel or $20 a MCF @ $175/barrel! But Methane Gas sells for about $5 a MCF = $55/barrel! $55/42 U.S. gallon or $1.30/U.S. gallon (42 US gallons = 1 barrel = 159 Litres)! (Relavently 1 Litre = 0.264 U.S. gallons, ~1 quart) I can match Siluria gasoline by changing their Chemical process with my Physical process of making gasoline! $55/159 Litres = $0.325 / Litre will be competative! Taxing & markup are extra!

ExxonMobil has a controling share of Hebron Offshore Oil Production Platform! They may explore the area east of Hibernia & Hebron platforms, east of Canadas' 200 mile limit, east of the Normal Fault and on the Hibernia sands that plateau there! The Natural Gas found there may be Physically converted into Jet Fuel, much as Siluria Technologies, Chemically converts Natural Gas into Jet Fuel! The 8 Methane, 8C, converts into 4 Ethane, 4C2, which converts into 2 Butane, 2C4, which convert into 1 Octane, 1C8, which condences into 1 Octane gasoline, 1C8,! There is no need to have double or triple charging of a single electrical ring!

The necessary electricity can come from Labradour, be mingled into the provinces power grid and brought to our offshore oil production platforms to convert that natural gases into jet fuel! We'll be able to create a sellable substance, jet fuel, from our variably demanded electricity!

William Roy Whiteway Smallwood, roy.whiteway55@gmail.com , 709-834-9700, 91 Cherry Lane, Conception Bay South, A1W-3B5, Newfoundland Labradour, Canada!

Synthetic Octane gasoline, or Jet Fuel, is the

  • Guest
  • William Roy Whiteway Smallwood wrote on June 2018

I know how to convert Methane gas, from the Natural Gas reserves, into Jet Fuel the most environmental fuel possible because it's only composed of 8 Carbons, less than the Carbons found in Regular gasoline! It has been developed by Siluria Technologies in the states, but hasn't been patented yet!

Siluria Technologies must be waiting till the last moment to produce and patent how to make petro-chemicals from methane gas, because they want that technology to be theirs alone, to make petro-chemicals with! Help me patent how to do it and I'll reward you with 40% of the patents' value! 40% of the net earnings converting Methane gas into Octane gasoline! Estimated experiment cost is from $4,000 to $20,000 ! Just think of that four story building frame near Fort McMurrays' refinery, now burning 24 hours a day with flare gas that can be sold as Octane gasoline at gas stations or fill the jet wings with Jet Fuel! That's the economics of converting flare gas into Jet Fuel!

siluria.com is an Internet commercial for Siluria Technologies! They see the market as open for them to research more profitable petro-chemicals, without the competition that field would provide them, if how to make Jet Fuel from Methane gases was patented and published!

William Roy Whiteway Smallwood, roy.whiteway55@gmail.com , 709-834-9700, 91 Cherry Lane, Conception Bay South, A1W-3B5, Newfoundland Labradour, Canada!

  • Guest
  • William Roy Whiteway Smallwood wrote on June 2018

You can extract natural gas from Hibernia & Hebron Offshore Oil Production Platforms, and then you can make Jet Fuel from each 8 Methane gasesTM! Or extract 8 Methane gases to perform Mineral rock to (8 Methane gas & 24 Oxygen) to Jet FuelTM upon! Mining gasoline onland will Liberate 3 Oxygen for every CarbonTM! Suddenly oil work is more popular than greenpeace!

You can then Electrolyse those 8 Methane gases (8C) into 4 Ethane gases (4C2)!

You can then Electrolyse those 4 Ethane gases (4C2) into 2 Butane gases (2C4)!

You can then Electrolyse those 2 Butane gases (2C4) into 1 Octane gas (1C8)!

You can then Condence that 1 Octane gas (1C8) into 1 Octane gasoline (1C8)!

You can also Create a multitude of densities of gasoline varrying from (C3) to (C16), if you want to!

From Flare Gas, which there is no demand for, to Jet Fuel, which the world is clammering for! We have to have electricity to do this process! Do you know of a hydro-electricity project we can use?

As my Premier won't you help me, the grandson of Joseph R. Smallwood, patent how to convert Methane gas, or flaregas, into Jet Fuel, or Octane gasoline?

I know how to create Methane gas from mineral rock! I also know how to convert Methane gas, from the Natural Gas reserves, into Jet Fuel the most environmental fuel possible because it's only composed of 8 Carbons, less than the Carbons found in Regular gasoline! It has been developed by Siluria Technologies in the states, but hasn't been patented yet! I dare anyone to show where in public patent records it is clearly patented!

Siluria Technologies must be waiting till the last moment to produce and patent how to make petro-chemicals from methane gas, because they want that technology to be theirs alone, to make petro-chemicals with! Help me patent how to do it and I'll reward you with 40% of the patents' value! 40% of the net earnings converting Methane gas into Octane gasoline! Estimated experiment cost is from CENSORED ! Just think of that four story building frame near Fort McMurrays' refinery, now burning 24 hours a day with flare gas that can be sold as Octane gasoline at gas stations or fill the jet wings with Jet Fuel! That's the economics of converting flare gas into Jet Fuel!

siluria.com is an Internet commercial for Siluria Technologies! They see the market as open for them to research more profitable petro-chemicals, without the competition that field would provide them, if how to make Jet Fuel from Methane gases was patented and published!

I know how to convert that Methane gas, from the Natural Gas found there, into Jet Fuel the most environmental fuel possible because it's only composed of 8 Carbons, less than the Carbons found in Regular gasoline! It has been developed by Siluria Technologies in the states but hasn't been patented yet! Help me patent how to do it and I'll reward you with 40% of the patents' value! 40% of the net earnings converting Methane gas into Octane gasoline! Estimated experiment cost's from CENSORED!

William Roy Whiteway Smallwood, roy.whiteway55@gmail.com , 709-834-9700, 91 Cherry Lane, Conception Bay South, A1W-3B5, Newfoundland Labradour, Canada! REPLY TO SENDER before you can't email to my email address! Respond before your competition does!

  • Guest
  • William Roy Witeway Smallwood wrote on July 2018

Convert 8 Methane gases, into 4 Ethane gases! 8C - 4C2

Then convert those 4 Ethane gases into 2 Butane gases! 4C2 - 2C4

Then convert those 2 Butane gases into 1 Octane gas! 2C4 - 1C8

Then condence that Octane gas into Octane gasoline or Jet Fuel!

We electrolyse 8 flare gas into 1 Jet Fuel! Profitable?

NfLb. can use this technology by drilling a well hole from the Avalon Peninsula to take Churchill River electricity under the Atlantic Ocean bottom towards Hibernia Offshore Oil Producing Platform and therefrom another well will go to Hebrun Offshore Oil Producing Platform!

By using Labradour hydro-electricity those rigs can dispence with the motors aboard those Platforms and electrolyse their Methane into 1/8 as much Octane gasoline! We can get extra Methane gas by horizontally drilling East of their blocks into unclaimed territory!

  • Guest
  • William Roy Whiteway Smallwood wrote on July 2018

50 cf methane gas weighs 1 Kg weighs 1 Litre of Jet Fuel!

5,700 cf Methane gas (~ 114 Kg) = 1 Barrel of Oil Equilvolent (42 gallons ~ 4 x 42 = 168 Litres = 168 Kg)! 1 Litre or cubic decimeter of water = 1 Kilogram! 8,500 cfmg weighs ~ 170 Kg NOT 1,000 cf but 8,500 cubic feet of methane gas! Thus 8,500 cubic feet, or 170 Kg, makes 1 barrel of Jet Fuel! Forget about 1,000 they implied cause that amount will only get you about 10% done!

At $5 / MMCF, your $5 can buy ~ 200 BOE! So they must be off by 1,000 times! All of MMCFs below become MCF!

At $10/MCF, a barrel of jet fuel can be made for $95! For $20/MCF, a barrel of jet fuel can be made for $175! But gas costs 5$ / MCF which makes a barrel of jet fuel for $54.60! It's more productive than just flaring your "flare gas"! Take note Suncor Energy!

At $5/MCF, the conversion costs $15 + $5 x 0.125 MCF = $55 / 159 Litres = $0.325 / Litre

42 gallons x 4 litres/gallon = 168 litres! 168 litres x $0.325 / litre = .840 + 3.360 + 50.400 = $54.600 a US barrel! $78/barrel! $90/barrel so it's a profitable investment!

William (Roy Whiteway) Smallwood 834-9700

Part 1: natural gases' 8 Methane gases may be electrolyzed into 1 Octane gasoline! I can create synthetic Octane gasoline from 1) 8 Methane gas from natural gas, and 2) electricity! This process needs to be invented by me first.

Part 2: reward 40% of my patents' income for financing this inventive experiment! Can you please help me to make Octane gasoline, jet fuel, from 8 Methane gas and electricity, for 40% of said patent estimated to cost you $5,000 - $20,000? The patent will be extended internationally!

How to Turn Cheap Natural Gas into Low-Carbon Gasoline - The Atlantic https://www.theatlantic.com/technology/archive/...natural-gas...gasoline/371310/

May 21, 2014 - The ethylene then can be converted to gasoline, diesel or jet fuel through Siluria's process. siluria.com chief executive Edward Dineen estimates that at commercial scale the company's technology can produce gasoline for about $15 a barrel, not counting the cost of natural gas. As long oil is eight times more ...

We can use this technology to convert the natural gas found east of Canadas' 200 mile limit, but reachable by our Offshore Oil Production Platforms, into Jet Fuel!

Reply to William (Roy Whiteway) Smallwood, 709-834-9700

Remember 1 barrel of oil (42 US gallons) must cost $15 a barrel + $0.125 / MCF for $10 a MCF @ $95/barrel or $20 a MCF @ $175/barrel! But Methane Gas sells for about $5 a MCF = $55/barrel! $55/42 U.S. gallon or $1.30/U.S. gallon (42 US gallons = 1 barrel = 159 Litres)! (Relavently 1 Litre = 0.264 U.S. gallons, ~1 quart) I can match Siluria gasoline by changing their Chemical process with my Physical process of making gasoline! $55/159 Litres = $0.325 / Litre will be competitive! Taxing & markup are extra!

ExxonMobil has a controlling share of Hebron Offshore Oil Production Platform! They may explore the area east of Hibernia & Hebron platforms, east of Canadas' 200 mile limit, east of the Normal Fault and on the Hibernia sands that plateau there! The Natural Gas found there may be Physically converted into Jet Fuel, much as Siluria Technologies, Chemically converts Natural Gas into Jet Fuel! The 8 Methane, 8C, converts into 4 Ethane, 4C2, which converts into 2 Butane, 2C4, which convert into 1 Octane, 1C8, which condenses into 1 Octane gasoline, 1C8,! There is no need to have double or triple charging of a single electrical ring!

The necessary electricity can come from Labrador, be mingled into the provinces power grid and brought to our offshore oil production platforms to convert those natural gases into jet fuel! We'll be able to create a sellable substance, jet fuel, from our variably demanded electricity!

William Roy Whiteway Smallwood, 709-834-9700, 91 Cherry Lane, Conception Bay South, A1W-3B5, Newfoundland Labrador, Canada!

Synthetic Octane gasoline, or Jet Fuel, is the

Gasoline costs $1.36/Litre! x 4 = $5.44/gallon!

  • Guest
  • William Roy Whiteway Smallwood wrote on July 2018

the price of gasoline made from natural gas is under 25% as expensive as the gasoline at the pump! I say it is a good investment!

  • Guest
  • William Roy Whiteway Smallwood wrote on July 2018

Alert the premier at premier@gov.nl.ca that he can make Octane gasoline, Jet Fuel, so cheaply as I just described! 834-9700

  • Guest
  • William (Roy Whiteway) Smallwood wrote on July 2018

Dear capital investor,

this explains how to convert Methane gas, AKA flare gas, into Octane gasoline, AKA Jet Fuel, it's worth $ Billions! But don't tell OPEC members cause they'll dispatch you for even thinking it!

  • Guest
  • William (Roy Whiteway) Smallwood wrote on August 2018

Dear Mark Browne, Keith White, Randy Edmunds and Graham Letto...

to produce petroleum from Methane gas...

1) I want to experimentally patent how to electrolyse 8 Methane gas molecules into 4 Ethane gas molecules!

2) Then I want to experimentally patent how to electrolyse those 4 Ethane gas molecules into 2 Butane gas molecules!

3) Then I want to experimentally patent how to electrolyse those 2 Butane gas molecules into 1 Octane gas molecule!

4) Then I want to condense that 1 Octane gas molecule into 1 Octane gasoline (Jet Fuel) molecule!

5) Then I want to experimentally patent how to convert 8 limestone molecules 8(CaCO3) into 8 Methane gas molecules + 24 Oxygen atoms!

Have your secretary contact my people at 834-9700 or write or visit me at 91 Cherry lane, A1W-3B5, Conception Bay South, Newfoundland Labrador, Canada!

  • Guest
  • William (Roy Whiteway) Smallwood wrote on August 2018

The cost of a Barrel of synthetic gasoline (Oil), 42 US gallons, I estimate can be made for $54.60! To create 1 Octane gasoline (Jet Fuel) from 8 Methane gases, or 8 Limestone molecules which also creates 3x8=24 Oxygen atoms, just...

Dear clerk...

this is considered by me to be a patentable way NfLb. may produce petroleum from Methane gas and from limestone rock! To make Octane gasoline (Jet Fuel) from onshore mined limestone liberates 3 Oxygen for every Carbon we liberate!

To produce petroleum from Methane gas...

1) I want to experimentally patent how to electrolyse 8 Methane gas molecules into 4 Ethane gas molecules!

2) Then I want to experimentally patent how to electrolyse those 4 Ethane gas molecules into 2 Butane gas molecules!

3) Then I want to experimentally patent how to electrolyse those 2 Butane gas molecules into 1 Octane gas molecule!

4) Then I want to condense that 1 Octane gas molecule into 1 Octane gasoline (Jet Fuel) molecule!

5) Then I want to experimentally patent how to convert 8 limestone molecules 8(CaCO3) into 8 Methane gas molecules + 24 Oxygen atoms!

Have your secretary contact my people at 01-709-834-9700 or write or visit William Roy Whiteway Smallwood at 91 Cherry lane, A1W-3B5, Conception Bay South, Newfoundland Labrador, Canada! I'll trade 40% of my patent rights for your financing 100% of this experiment!

  • Guest
  • William Roy Whiteway Smallwood wrote on August 2018

The cost of a Barrel of synthetic gasoline (Oil), 42 US gallons, I estimate can be made for $54.60! To create 1 Octane gasoline (Jet Fuel) from 8 Methane gases, or 8 Limestone molecules which also creates 3x8=24 Oxygen atoms, just...

Dear St. John's Newfoundland clerk

this is considered by me to be a patentable way NfLb. may produce petroleum from Methane gas and from limestone rock! To make Octane gasoline (Jet Fuel) from onshore mined limestone liberates 3 Oxygen for every Carbon we liberate!

To produce petroleum from Methane gas...

1) I want to experimentally patent how to electrolyse 8 Methane gas molecules into 4 Ethane gas molecules!

2) Then I want to experimentally patent how to electrolyse those 4 Ethane gas molecules into 2 Butane gas molecules!

3) Then I want to experimentally patent how to electrolyse those 2 Butane gas molecules into 1 Octane gas molecule!

4) Then I want to condense that 1 Octane gas molecule into 1 Octane gasoline (Jet Fuel) molecule!

5) Then I want to experimentally patent how to convert 8 limestone molecules 8(CaCO3) into 8 Methane gas molecules + 24 Oxygen atoms!

Have your secretary contact my people at 01-709-834-9700 or write or visit William Roy Whiteway Smallwood at 91 Cherry lane, A1W-3B5, Conception Bay South, Newfoundland Labrador, Canada! I'll trade 40% of my patent rights for your financing 100% of this experiment!

  • Guest
  • William Roy Whiteway Smallwood wrote on August 2018

The cost of a Barrel of synthetic gasoline (Oil), 42 US gallons, I estimate can be made for $54.60! To create 1 Octane gasoline (Jet Fuel) from 8 Methane gases, or 8 Limestone molecules which also creates 3x8=24 Oxygen atoms, just...

Dear Siobhan Coady, Mark Browne, Keith White, Randy Edmunds and Graham Letto...

this is considered by me to be a patentable way NfLb. may produce petroleum from Methane gas and from limestone rock! To make Octane gasoline (Jet Fuel) from onshore mined limestone liberates 3 Oxygen for every Carbon we liberate!

To produce petroleum from Methane gas...

1) I want to experimentally patent how to electrolyse 8 Methane gas molecules into 4 Ethane gas molecules!

2) Then I want to experimentally patent how to electrolyse those 4 Ethane gas molecules into 2 Butane gas molecules!

3) Then I want to experimentally patent how to electrolyse those 2 Butane gas molecules into 1 Octane gas molecule!

4) Then I want to condense that 1 Octane gas molecule into 1 Octane gasoline (Jet Fuel) molecule!

5) Then I want to experimentally patent how to convert 8 limestone molecules 8(CaCO3) into 8 Methane gas molecules + 24 Oxygen atoms!

Have your secretary contact my people at 01-709-834-9700 or write or visit William Roy Whiteway Smallwood at 91 Cherry lane, A1W-3B5, Conception Bay South, Newfoundland Labrador, Canada! I'll trade 40% of my patent rights for your financing 100% of this experiment!

  • Guest
  • William Roy Whiteway Smallwood wrote on 2 weeks ago

Dear Speculative Investor

The following tells you how to make gasoline out of methane gas!

I know how to convert 1.2 Trillion cubic feet of natural gas (Methane gas) into 142.8 million barrels of Octane gasoline worth $11.424 BILLION! The Government of NL, or yourself, only has to pay 100% of this experiment cost to own 40% of what the patent earns! Hibernia currently just flares away that gas as unwanted biproduct! By mining natural gas they can multiply it by 10,000 and make synthetic Octane gasoline produce from natural gas reserves readily found below that platform! 1.2 Trillion Cubic Feet / 8,400 Cubic Feet/barrel = 142,800,000 barrels! 142,800,000 barrels of synthetic Octane gasoline x $80/ barrel (short for $79.60 / barrel of synthetic Octane gasoline) = $11,424,000,000 = $11.424 Billion for 142.8 million barrels of synthetic Octane gasoline! Worth over $11.424 BILLION dollars! Globally this invention should be worth from hundreds of Billions of dollars to Trillions of dollars!

Why it's environmental to read this and sponsor my invention of converting 8 methane gases into 1 synthetic Octane gasoline! It's actually environmental to replace 1 diesel molecule with several Jet Fuel molecules which collectively produce greater thrust than that 1 diesel molecule + less Carbon pollution! Regular gasoline is also more polluting and expensive than this Jet Fuel, but not as polluting as diesel! Another factor for your consideration is that the methane gas that we'll convert into Jet Fuel is currently being flared into Carbon (air) Pollution!

Surely a meager investment of $10,000 is worth the returns of such lofty returns! If the natural gas is either Methane, Ethane, Propane, Butane, Pentane, Hexane, or Heptane it can be matched with its' composite weight so that Octane gasoline is produced! 5 Ethane can be matched with 1 Hexane to = 1 Octane gasoline and the 4 leftover Ethane can go into the production line right after the 2 Methane are converted into 1 Ethane!

Those 1.2 Trillion cubic feet of natural gas may be electrolysed into 1/8,400 as many barrels of synthetic Octane gasoline! That = 142.8 Million barrels of synthetic Octane gasoline earning $79.60 each barrel Worth over 11 BILLION dollars! It also consumes much spare hydro-electricity and employs those who are from NL!

* * *

1,200,000,000,000 cubic feet / 8,400 c.f./barrels = 142,800,000 barrels

142,800,000 barrels x $79.60/barrel = $11.366,88 BILLION

* * *

Synfuels can get gasoline for "$25 / barrel" but both methods don't assume a competitive cost to acquiring the natural gas! Yes, a barrel holds 42 gallons meaning that it cost $25/42 gallons, about 60 cents to make 1 gallon! 15 cents / Litre! By their method of conversion they didn't appraise the cost of major inputs such as the GAS to be converted into Octane gasoline, which is conservatively at $5/M (1,000) cubic feet of Methane, or $54.60 of Methane to make 1 barrel of Octane gasoline! The most economical chemical way to make gasoline must cost both $54.60 / barrel for the necessary Carbon + $25 / barrel for electricity + wages + other chemicals (synfuels) = $79.60 / barrel = $79.60 / 159 litres = $0.50/litre or $2.00/gallon!

William Roy Whiteway Smallwood, 01-709-834-9700, 91 Cherrylane, Conception Bay South, A1W-3B5, Newfoundland Labradour, Canada

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