Coal, The New Oil

Coal Wagons

Coal Cars

I've heard that diesel fuel can be made from coal. The price would correspond to making diesel from crude oil at $45 a barrel. My source for that number is the Governor of Montana. The US is switching to Europe’s clean diesel standard so this might be the time to do it. Coal diesel and biodiesel might be a good combo.

The oil markets could nix this by dropping to $30 again. We would need to place tariffs on oil imports below $50 to protect the domestic investments. The US with $60 a barrel oil is managing well enough. We can sustain our economy at this price and turn our backs on the Middle East.

Be the first to comment on "Coal, The New Oil"

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.