William Mook

oil from unconventional sources ranges from $8 to $50 per barrel. To bring new unconventional source of oil to market requires the creation of an investment bank, a trading desk where producers of unconventional fuels can meet with buyers to efficiently make markets for these fuels and leverage the demand into capital for production. This is the opportunity we're pursuing in the free markets of New Zealand. In one of its first deals the company is selling marine fuel to an existing marine fuel buyer at Lyttleton Harbour Christchurch NewZealand at market rates totaling 12% of current volumes. This "made in New Zealand" fuel is more highly prized than imported varieties. This distinction will continue if supplies from foreign shores are interrupted or reduced for any reason. The company is using a direct hydrogenation process called the Bergius Process. This process was developed in 1911 by Frederich Bergius. The process was used in the 1920s by IG Farben throughout Germany to produce liquid fuels in competition with conventionally produced fuels. In 1932 Dr. Bergius received the Nobel Prize for his innovations in high pressure hydrogen. In the 1940s World War Two Germany used it to produce the bulk of its aviation fuel from coal after losing control of the Middle East and Russian oil fields. Following that war US President Harry Truman backed efforts to build Bergius reactors in Missouri in 1949. These facilities produced liquid fuels of superior quality at below market costs. This project continued to operate until shut down under Eisenhower's National Energy Council,which was dominated by oil interests. In 2007 China Shenhua Energy Co (CSEC) initiated a program to make fuels from coal using the Bergius Process citing the superior quality, high yields and lower cost of this process. The technique of selling oil instead of equipment and land is widely used in oil field development. This isolates investors from environmental and other liabilities while providing assured revenues once product is made and selling into the market. The technique of segregating new technology from commodity sales while providing significant returns made possible with the new technology has been very successfully applied by companies like Hughes who developed new deep drilling techniques in the 1920s. From 1920through 1950 Hughes drilling techniques developed over 1/3 of the world's newly produced reserves. Hughes never sold any equipment or services. Hughes continually improved his techniques and processes. Nevertheless, investors in Hughes oil drilling projects routinely made significant profits

In a cosmos expanding at the speed of light there is no reason for poverty. Even today scarcity is artificially maintained to empower and enrich a select few in their ancient ideology of scarcity. In a rational world all have as much as they desire without impoverishing anyone or hurting anything. Science tells us this truth. Our cosmos is one of abundance.

Planets are bigger than people. Stars are bigger than planets. Power from the sun and the stars when combined with the rocks and soil found on planets orbiting them using intelligent self-replicating tools give any intelligent species the ability to support everyone everywhere in abundance while preserving them and their environment. The proper role of technology is to support the the environment enlarging the biosphere expanding life into space.

About the Author William Mook

I was four years old when Sputnik first orbited the Earth. Throughout my childhood I was told space travel would change everything. It didn't. I always wondered why. After the horrible truth of 9/11 dawned upon me, I realized the meaning of John Lennon's comments about the world being run by maniacs. Its still true today. It need not stay that way. Here's how we can change it.