Coal can still eliminate our need for foreign oil

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Coal Can Still Eliminate Our Need for Foreign Oil By Clinton E. Crackel, Co-Founder and Chairman, Nuclear Fuels Reprocessing Coalition January 26, 2022 - Although the price of coal has risen to about $145 per short ton, and is predicted to rise even further, it is still possible for coal to compete with petroleum in a cost-effective way. The increasing cost is due to several factors including the COVID pandemic, drastic changes in weather conditions in other coal producing countries such as China and India, restricting their ability to mine coal, and reducing the demand for coal in this country by shutting down more coal-fired power plants to further promote our national green energy goals. Although the current price of WTI crude is about $85 per barrel, and Brent crude is about $88 per barrel, many energy market analysts fear petroleum pries will rise to over $150 per barrel because of the increasing uncertainty over a Russian military invasion of Ukraine. Based on thermal equivalency, one ton of bituminous coal is equal to 4.52 barrels of crude oil. Bituminous coal is preferred over lignite in power plants because of its higher thermal quality and reduced atmospheric emissions. Lignite is the most preferential of the three types of coal for use in the liquefaction process to produce fuel, synthetic gas, and other products. It also has the highest water content. Yet it takes three times the amount of lignite to achieve the same energy value as bituminous coal, and bituminous coal can still be liquified. I doubt President Biden limited our national fossil fuel output for environmental purposes. He implemented these prohibitions to benefit the financial goals of various global energy consortiums, including Chinese and Russian companies, and to help destabilize our national economy. Our economic destabilization is a critical component of a progressive, globalist effort to eliminate national borders, and to reduce the United States to a third world, industrially non-competitive status. Unlike British Prime Minister Neville Chamberlain’s willingness to forfeit Czechoslovakia to Nazi Germany to achieve peace and save lives, I predict President Biden will forfeit Ukraine because of our increasing dependence on Russian oil, regardless of the number of lives lost.


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Coal can still eliminate our need for foreign oil by John A. Shanahan - Issuu