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(UPDATE April 24th) [GM] Joule Creates Renewable Fossil Fuels At Unlimited Quantity. - Page 66

post #651 of 801
Quote:
Originally Posted by Zulli85 View Post

If this is such a big deal why haven't I heard about it in the news or what have you? I watch the news everyday and I haven't heard of this until now.

In the OP (original):
Quote:
In September, a privately held and highly secretive U.S. biotech company named Joule Unlimited received a patent for “a proprietary organism”

And I may ask, did you know about Google in 1998 or 1999? (nothing political on this mods, just posing a question) What about the NDAA until Obama actually mentioned it in the signing? (which then got substantial 'main stream' media coverage) - It was known in non-mainstream circles well before it was 'signed'. thinking.gif

*** For the sake of purity and clarity - I don't want to discuss the NDAA or Obama or anything related to it except for strictly using it as a point of reference about how quickly it came to mainstream media. ***
    
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post #652 of 801
Quote:
You'll notice that 99% of news stories in today's media are negative, as it draws more attention than positives.
That said, it's really not being advertised... maybe in the hopes of keeping gas prices high for it's introduction?

True but if this is groundbreaking new technology that is going to save the United States from its dependency on foreign oil, or at least reduce our dependency what seems to be drastically based on what I have read, then its hard to believe it wouldn't be reported in the media anywhere. It sounds like a pretty big deal.
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post #653 of 801
Quote:
Originally Posted by Zulli85 View Post

True but if this is groundbreaking new technology that is going to save the United States from its dependency on foreign oil, or at least reduce our dependency what seems to be drastically based on what I have read, then its hard to believe it wouldn't be reported in the media anywhere. It sounds like a pretty big deal.

I guarantee you, if one of the plants related to this project has a grand explosion, it will get press coverage immediately.

You hardly ever see science in popular news, as it is today, which is actually kind of sad.
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post #654 of 801
Quote:
Originally Posted by SectorNine50 View Post

I guarantee you, if one of the plants related to this project has a grand explosion, it will get press coverage immediately.
You hardly ever see science in popular news, as it is today, which is actually kind of sad.

That isn't really true as I hear about new treatments for diseases, new gas-efficient vehicles, and new technology-related products pretty frequently. Its not like I watch CNN Headline News or read The National Inquirer. You can find unbiased and also positive stories if you look for them.

The United States' dependency on foreign oil has been covered a lot on the news over the years and for this not to be anywhere confuses me.
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post #655 of 801
CONSPIRACY!

No, really.

There is too much money in the right(wrong?) people's hands give this traction in mainstream media. The creators of this fuel have reason to be incredibly secretive.
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post #656 of 801
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Originally Posted by Zulli85 View Post

That isn't really true as I hear about new treatments for diseases, new gas-efficient vehicles, and new technology-related products pretty frequently. Its not like I watch CNN Headline News or read The National Inquirer. You can find unbiased and also positive stories if you look for them.
The United States' dependency on foreign oil has been covered a lot on the news over the years and for this not to be anywhere confuses me.

On T.V. news channels? Or on websites like BBC News? If the latter, I agree with you, however headlines seem to be dominated by explosions, wars, scandals, and court cases.

I'm not really sure, all we can do is speculate. I'm assuming it's because it hasn't been very well advertised though. It's not quite what I would call a "mature" project.
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post #657 of 801
Quote:
Originally Posted by SectorNine50 View Post

On T.V. news channels? Or on websites like BBC News? If the latter, I agree with you, however headlines seem to be dominated by explosions, wars, scandals, and court cases.
I'm not really sure, all we can do is speculate. I'm assuming it's because it hasn't been very well advertised though. It's not quite what I would call a "mature" project.

I frequent news websites and TV stations both quite a bit. Good point that it isn't a mature project though. I suppose they wouldn't want to make a big deal out of something that is a long ways off yet without knowing the actual impact it will have.
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post #658 of 801
i don't know man i still want CLEANER energy.
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post #659 of 801
Quote:
Originally Posted by triarii3 View Post

i don't know man i still want CLEANER energy.

Actually, energy is everywhere, I want a way to tap into it. Beyond nuclear that is.
    
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post #660 of 801
Glad to see some progress on this. I remember seeing the original article some months ago and wondering would it actually make it to commercial production. This is a good step forward and a much more practical alternative than coal powered cars. AKA electric cars Oil is in nearly every product we have in modern society. Gasoline is not actually even the number one use for oil although you would think so the way it is covered. Being able to sequester co2 to reuse again is a great idea and much closer to the answer than saying ok everyone stop breathing or doing anything to produce co2 becasue you are killing the planet. I don't think it is hurting anything anyways but reclaiming it to use again can't hurt. I do wonder if it outgases O2 though because that could cause an issue if not. Just sequestering co2 and not offgassing o2 like normal plants do will cause big problems down the road for the rest of us.

Being that this product is basically crude oil it would require refining to be usable for anything. This leaves the company at the mercy of the oil companies at least in the near term given that no new refineries have been allowed in the states for nearly three decades. So they would sell their crude to the oil companies just like any other oil producer which would in turn refine it into usable products. Gas price would remain unchanged as a result unless the price they sold it to the oil company for was really cheap. Which would be a stupid idea for a business to sell their product way under the going rate. Especially when they are going toi want to expand.

What will happen is this. They will start producing oil. They will contract with one of the major oil companies who will buy and refine the crude just like any other crude. The oil company will make a ruckous about how they are so amazing for using a fraction of oil produced from renewable resources and wave that banner all over creation like an idiot in hopes we will praise them.

Sadly the reality of cheap gas is not and would never be a reality because of the limitations in this country and probably of the company itself. Building a refinery is no small task. It is a very complicated and expensive undertaking. Right now they would not have the capital to do both even if they could do it in this country.
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