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Study: Coal-Based CO2 Could Boost US Oil Production by 3.5 MMbpd

Rig Zone -- A new study found that CO2 capture and utilization at existing and new coal-fired power plants and coal-to-liquids facilities could boost U.S. oil production by more than 3.5 million barrels per day for more than 40 years.

The study, prepared for U.S. Energy Secretary Steven Chu by the National Coal Council, features input from 60 energy experts in coordination with the National Petroleum Council. The focus is enhanced oil recovery, or EOR, which has increased U.S. oil production for almost half a century, the NCC said.

"It's time to think of CO2 as a valuable commodity," study chairman Richard Bajura said. "Advanced coal technology is key to affordably realizing deep reductions in emissions. The U.S. uses more coal than any nation except China, and potential production of U.S. oil


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Submitted Jun 30, 2012 By: mastermariner
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Study: Coal-Based CO2 Could Boost US Oil Production by 3.5 MMbpd Post a Reply Back to Topics
REPLIES (newest first)
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honda0105
Champion Author Tallahassee

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Message Posted: Jul 3, 2012 3:20:06 AM

exploration of alternatives is a good thing, as long as it's not a total waste of taxpayers' money.
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honda0105
Champion Author Tallahassee

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Message Posted: Jul 2, 2012 4:40:00 AM

lots of ideas floating, lots of opinions. When looking at long range predictions, there should be at least a barrel of salt in the whole thing...
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remay
Champion Author Houston

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Message Posted: Jul 1, 2012 4:49:25 AM

"...we can increase use of domestic energy, fuel economic growth and enhance national security."

Really??? enhance national security???
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jetlagAK
Champion Author Anchorage

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Message Posted: Jun 30, 2012 9:34:45 PM

Anyone else 2012!
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Harry813
Champion Author Iowa

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Message Posted: Jun 30, 2012 9:18:11 PM

Production or profit ?
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MahopacJack
Champion Author New York

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Message Posted: Jun 30, 2012 9:04:37 PM

Very interesting except our present administration has written off coal which would of course provide thousands of jobs.
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firefly09
Champion Author San Diego

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Message Posted: Jun 30, 2012 7:42:21 PM

I agree with camel1.
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FunMyster
All-Star Author Indiana

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Message Posted: Jun 30, 2012 5:47:15 PM

This administration hates coal.
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DCbeachbum
Champion Author South Carolina

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Message Posted: Jun 30, 2012 4:44:48 PM

U.S. Energy Secretary Steven Chu does not want to see anything that doesn't make the US look like Europe.
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camel1
Champion Author Minnesota

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Message Posted: Jun 30, 2012 4:43:46 PM

options need to be explored
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amayne11
Champion Author Vancouver

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Message Posted: Jun 30, 2012 4:29:36 PM

sounds good
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DTrainCanada
Champion Author Saskatoon

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Message Posted: Jun 30, 2012 4:22:45 PM

Cool ...
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Ray_10589
Champion Author New York

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Message Posted: Jun 30, 2012 4:17:57 PM

good news ....
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itsjustme719
All-Star Author Hamilton

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Message Posted: Jun 30, 2012 4:14:20 PM

Agreed. The coal industry will say anything to stay in production.
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MikLamb
Champion Author Texas

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Message Posted: Jun 30, 2012 4:05:33 PM

Ok.
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PithyOpiner
Champion Author Stockton

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Message Posted: Jun 30, 2012 4:03:04 PM

Man, the coal industry will do and say anthing to stay in business. What next? Eat coal if your testosterone is low?
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GoGoGoodyear
Champion Author Los Angeles

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Message Posted: Jun 30, 2012 3:58:55 PM


This seems like a great way to have our cake and eat it too. There are many coal burning electric power plants in the US. They are facing the higher costs and complexity of installing special equipment to capture the CO2 output if they continue to use coal, or the higher costs of converting to natural gas to generate electricity.

Now the oil companies come along and want to buy that CO2 which they need, to use in extracting more oil from the wells. As a side benefit, the CO2 won't be released into the atmosphere, instead it will remain down in the empty oil wells after the oil is removed. Another benefit is that the CO2 can be sent to any oil wells where needed by the same pipelines crisscrossing the country that now carry oil and natural gas.

The coal burning electric generators make money by selling something they would need to dispose of anyway, and the oil companies get the CO2 they need for less money than if they make CO2 from processed natural gas. Some of the CO2 gets stored in empty wells where it can't hurt the environment. I don't see a problem, unless the government gets involved and messes it up somehow.

Wikipedia has a decent article on Enhanced Oil Recovery (EOR) which explains the use of CO2 for oil extraction.

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Is246
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Message Posted: Jun 30, 2012 3:57:20 PM

Good news.
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libertyut
Champion Author Utah

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Message Posted: Jun 30, 2012 3:53:48 PM

$2.00 or less a gallon.
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DrLyon
Champion Author Michigan

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Message Posted: Jun 30, 2012 3:50:48 PM

Do it..
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Sego
Veteran Author Florida

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Message Posted: Jun 30, 2012 3:49:10 PM

ok
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tsgasprc
Champion Author Colorado

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Message Posted: Jun 30, 2012 3:49:00 PM

Anything to keep the cash flowing to big oil...
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mickealo
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Message Posted: Jun 30, 2012 3:46:28 PM

ya right
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HoosierDaddyKY
Champion Author Kentucky

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Message Posted: Jun 30, 2012 3:43:27 PM

We shall see...
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Jeepergeo
Champion Author San Bernardino

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Message Posted: Jun 30, 2012 3:43:22 PM

Bring it on.
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mandoid
Champion Author Alabama

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Message Posted: Jun 30, 2012 3:41:48 PM

burning ANYTHING is not clean, but until we get fusion nothing really is
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GPD1739P
Champion Author Illinois

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Message Posted: Jun 30, 2012 3:38:52 PM

Coal is not a clean source of energy.
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cmsense
Champion Author Columbus

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Message Posted: Jun 30, 2012 3:38:41 PM

This is an article that needs further explanation and specifics.
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Mowerman08
Champion Author Milwaukee

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Message Posted: Jun 30, 2012 3:38:08 PM

NO COAL, that is OBAMA'S GOAL!
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Dsin44
Champion Author Abbotsford

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Message Posted: Jun 30, 2012 3:37:41 PM

ok
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s90201
Rookie Author Long Island

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Message Posted: Jun 30, 2012 3:37:20 PM

Nice
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dieselgus1
All-Star Author Montana

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Message Posted: Jun 30, 2012 3:36:57 PM

So many good ideas nowadays, let's hope one like this gets somewhere.
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preacherjohn
Champion Author Modesto

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Message Posted: Jun 30, 2012 3:34:16 PM

is coal here to stay ..or is it a thing of the past?
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Bleeder
Champion Author Virginia

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Message Posted: Jun 30, 2012 3:34:13 PM

Interesting report. Not quite wure of the veracity of its conclusions though.
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captngasTN
Champion Author Tennessee

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Message Posted: Jun 30, 2012 3:30:28 PM

and BO wants to kill coal plants
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humancry
Champion Author Michigan

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Message Posted: Jun 30, 2012 3:29:14 PM

hmmmmmmmmm i need to hear more of this
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MadTraveler
Champion Author Idaho

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Message Posted: Jun 30, 2012 3:27:19 PM

Interesting.
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Tru2psu2
Champion Author Winston-Salem

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Message Posted: Jun 30, 2012 3:25:03 PM

Plants NEED it!
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DirtDauber
Champion Author San Antonio

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Message Posted: Jun 30, 2012 3:23:48 PM

Another Coulda, Woulda, Shoulda.
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CatMan623
Champion Author Houston

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Message Posted: Jun 30, 2012 3:23:39 PM

The industry has been injecting CO2 in wells for decades.
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no8c
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Message Posted: Jun 30, 2012 3:23:15 PM

Thanks
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car54BC
Champion Author British Columbia

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Message Posted: Jun 30, 2012 3:22:05 PM

The key words are " could boost "
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knifeman9
Champion Author North Carolina

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Message Posted: Jun 30, 2012 3:20:36 PM

Nice
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gas4433
Champion Author Houston

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Message Posted: Jun 30, 2012 3:19:07 PM

Ok
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heysailor
Champion Author Pittsburgh

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Message Posted: Jun 30, 2012 3:18:55 PM

So why aren't we doing this? Because it might involve spending money? That's not spending money at the Pentagon? The the chicken hawks don't want to spend any money on anything that's not built in their district and they don't want to spend any money on anything else.
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gsofrs
Champion Author Greensboro

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Message Posted: Jun 30, 2012 3:15:09 PM

Still need to conserve.
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trytogetby
All-Star Author Cincinnati

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Message Posted: Jun 30, 2012 3:13:19 PM

OK
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streetcars
Champion Author Toledo

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Message Posted: Jun 30, 2012 3:08:35 PM

yup
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WhiteTreeIndian
Champion Author New Jersey

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Message Posted: Jun 30, 2012 3:08:16 PM

Yeah I agree with that too.
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fireless1
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Message Posted: Jun 30, 2012 3:07:31 PM

Ok
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