Petrobras Design New GTL Process to Create Cheap Oil from Natural Gas

Petrobras Design New GTL Process to Create Cheap Oil from Natural Gas

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from OilPrice.com Daily News Update by james@pokemoncard.info (Brian Westenhaus)

U.S. innovation, technology and willingness to share it, has created an abundance of natural gas for the U. S. and will impact the rest of the world in the coming years.  There is also a great deal of natural gas that is ignored, where pipe-lining to market is impractical or uneconomic.  The price differential of cheap gas and expensive oil also provides a major incentive to recover exploration risk capital when gas is found and oil is not.

Petrobras, the Brazilian based petroleum firm…
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