Posted by oldtanker on March 26, 2016 at 20:52:52 from (64.118.3.19):
In Reply to: Citiot! posted by Steve@Advance on March 26, 2016 at 18:18:22:
Quoting Removed, click Modern View to see
From the US Department of energy:
"If coal costs $130 per ton, to get the same amount of energy for the same cost, heating oil would have to cost $0.65 per gallon and propane would have to be $0.42 per gallon. Information from US Dept. of Energy."
For what it's worth the current price of coal is about 60 bucks a ton.
Ethanol produces 76,000 BTU per gallon and heating oil produces 130,000 BTU per gallon. The current cost to produce a gallon of ethanol is around a buck a gallon (that's with coal).
So it just doesn't pencil out to be cost effective.
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