Israel-Backed Plant Converts Natural Gas to Gasoline

(Times of Israel) David Shamah - Primus Green Energy, owned by the Israel Corporation, on Wednesday opened a demonstration plant in Hillsborough, NJ, that will use natural gas to produce 100,000 gallons of gasoline a year. Primus' gasoline can compete effectively with crude oil at a price level of $65 per barrel. Crude oil is currently selling for $100 a barrel.


2013-10-04 00:00:00

Full Article

BACK

Visit the Daily Alert Archive