The Nazi's did indeed come up with a process to convert coal to high quality gasoline. The cost of production needed to go above $39 a barrel for the oil companies to make a profit doing it. It is way past that at $140+ a barrel.
The Governor of Montana has said that the coal to gasoline thing is a great idea: he's waiting for someone to step up to the plate and do it. He also said that there is enough coal in the Montana area to make gasoline for the next 200+ years. The South Africans were on the network news a few nights ago and showed that it could be done, and they are successfully doing it.
If it is a great idea and is workable, why don’t we have it? The problem is twofold:
1.) You have to get the coal out of the ground in huge quantities, which means strip mining.
2.) You have to build a huge refinery to process the coal.
The obstacle to both items is the environmentalists. Strip mining is a nasty, ugly process that costs big $$$ to reclaim the land when it is done. Plus nobody wants a refinery in their community. They stink, are ugly, and they pollute the air. There hasn’t been a oil refinery built in the US in over 20 years. The environmentalists and the cost of building the refinery will hold this cheap process back until someone with some sense and political power makes it turn around. Meanwhile we all suffer every time we fill up or cars & trucks.
Maybe one of the key issues for the up and coming Presidential campaign should be a rational plan for a coal to gasoline energy policy. It might temp some of us to vote for a candidate we otherwise wouldn’t give the time of day.