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On 5/26/2003 7
38 PM KCFlyer wrote:
All I am saying is that crude oil may skyrocket tomorrow, or it might drop a little more. Bottom line, just asking you to review the graphs to get a feel for how the price of fuel can fluctuate - and then advise a long term strategy that management might use to plan for those fluctuations - and try to think of something other than "shrink the airline" as a strategy.
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Fair enough,
AMR management should try using that Political Influence to promote an alternative to crude based fuel. Something that will also reduce our dependence on foreign oil and improve our environment.
Like :
[url="http://www.syntroleum.com"]http://www.syntroleum.com[/URL]
GENERAL INFORMATION
Syntroleum Corporation is in the business of monetizing remote and/or stranded natural gas. It is the developer, user and licensor of the Syntroleum Process, a proprietary process for converting natural gas (or synthesis gas from coal) into synthetic liquid hydrocarbons - a process general known as gas-to-liquids (GTL) technology. We employ our technology to form joint ventures and acquire equity in oil and gas development projects where GTL is critical to a project's success. We also license the Syntroleum Process to others. Syntroleum's unique capabilities enable us to offer attractive solutions for natural gas reserves (including flared gas) that are not economic to produce using traditional methods.
The Syntroleum Process produces synthetic liquid hydrocarbons, also known as synthetic crude oil, that are virtually free of contaminants that are normally found in products made from conventional crude oil. These synthetic liquid hydrocarbons can be further processed into higher margin products through conventional refining techniques, including Syntroleum's proprietary Synfining Process. These products include:
- Ultra-clean liquid fuels for use in internal combustion engines and fuel cells;
Specialty products such as synthetic lubricants, process oils, waxes, etc.
Costs to produce these products using GTL technology are increasingly competitive with conventional process technologies. Moreover, the ultra-clean properties of GTL fuels meet or exceed the new and proposed environmental requirements that will soon go into effect for the U.S. and Europe.
Key advantages to the Syntroleum Process include its use of air in the conversion process, which is economically competitive and inherently safer than the requirement for pure oxygen in other GTL technologies; and Syntroleum's proprietary catalysts, which enhance conversion efficiency of the catalytic reaction. These features help to reduce capital and operating costs of plants, and permit smaller plant sizes, including mobile plants that can be mounted on barges for offshore service. Research indicates that the Syntroleum Process can be economically applied in plant sizes from less than 20,000 to over 100,000 barrels per day.
It is generally accepted that, if converted to liquid, there are enough known stranded natural gas reserves in the world to produce more than 250 billion barrels of synthetic crude oil. To put that in perspective, that would be equivalent to finding another Saudi Arabia.
31 PM KCFlyer wrote:
