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We Don't Need No Stinking Drills

04/24/2013 4:22 PM

"Bacteria churn out first ever petrol-like biofuel


...John Love from the University of Exeter in the UK and colleagues took genes from the camphor tree, soil bacteria and blue-green algae and spliced them into DNA from Escherichia coli bacteria. When the modified E. coli were fed glucose, the enzymes they produced converted the sugar into fatty acids and then turned these into hydrocarbons that were chemically and structurally identical to those found in commercial fuel.

"We are biologically producing the fuel that the oil industry makes and sells," says Love.

The team now needs to work out how to scale-up the project to mass-produce hydrocarbons.

The E. coli were fed on glucose made from plants, but Love reckons that if they were to scale-up, they could tweak the genes to produce enzymes that would allow the bacteria to feed on straw or animal manure. This would mean that land wouldn't be needed to grow the feedstock that would otherwise be used for food crops - one of the criticisms of biofuels."

http://www.newscientist.com/article/dn23431-bacteria-churn-out-first-ever-petrollike-biofuel.html

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#1

Re: We Don't Need No Stinking Drills

04/24/2013 5:10 PM

KiOR is industrializing this proces.

The first tank truck dilevered crude this month of March.

A second plant is in the make.

However the Stock Market gurus still try to ruin the company to get everything free from the investors.

Check KIOR - good in a few years?

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#2
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Re: We Don't Need No Stinking Drills

04/24/2013 5:20 PM

It sounds like it is a long way from viability.

From: KiOR INC Stock Quote KIOR | The Motley Fool

"The company's cost to do so will be around $6 per gallon in 2013"

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#5
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Re: We Don't Need No Stinking Drills

04/24/2013 6:05 PM

Stock fell from $12 to $4, but will go up.

The Motley fool doesn't understand the process enough and the calculations are based on the investment return.

1. They invested millions in the first plant.

2. Should they build a second plant that is many times bigger, if they know there is no winning card? That is happening now already.

3. Motley doesn't also mention the amount the -oil companies- have to pay for one produced gallon. (by law)

The information is very tinted to de-courage the basic investors until they let it go for cents. They make plenty of dollars afterwards.

I have been involved closely in this company since when they produced on lab scale, afterwards pilot plant and now production.

I don't have the money to invest in it but keep following it. Let us talk 2 - 3 years from now. If they calculate the same pay back for the installation, as soon as next year the 6 dollars falls to 3.8 and that is close to gold.

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#3
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Re: We Don't Need No Stinking Drills

04/24/2013 5:22 PM

Well my quick search on E*trade shows they have been in a near steady downhill slide since day one if that says anything.

They started out mid 2011 at around $15 a share topped out in the $20 - $25 a share range a few months later then have steadily sliding down to their present $4 - $5 range as of the last month or so.

I'm putting it on my watch list though!

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#9
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Re: We Don't Need No Stinking Drills

04/25/2013 4:46 AM

It is difficult to comment on a starting company, since they only invest and pay bills without producing anything. Now the start up period just begins. Figures are unreliable for this reason. For newcomers on the stock market this always develops as a nightmare. People are paid to destructively write companies down. Only the strong survive this period. Wall street has many of these specialized carnivores.

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#4
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Re: We Don't Need No Stinking Drills

04/24/2013 5:44 PM

There are a number of companies using Thermal depolymerization techniques...This is different in that the process is not from heat and pressure with catalysts and such, but with bio-engineered bacteria doing the heavy lifting....

http://www.biorefine.org/proc/thermo.pdf

http://en.wikipedia.org/wiki/Thermal_depolymerization

http://www1.eere.energy.gov/biomass/integrated_biorefineries.html

http://peswiki.com/index.php/Directory:Changing_World_Technology_-_Thermal_Depolymerization_Process

Changing World Technology went bankrupt....

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#6
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Re: We Don't Need No Stinking Drills

04/24/2013 6:29 PM

Here's a bunch of them called fast pyrolysis, thermal depolymerization etc....

http://www.biofuelstp.eu/bio-oil.html

These all involve heat and pressure.....not new technology

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#7

Re: We Don't Need No Stinking Drills

04/24/2013 8:52 PM

for several years now I've read on numerous companies (many in the Bay area) that use biotech to use bacteria to create designer gas, crude and diesel. the stuff works but so far none of them have made the leap in scale to make it all work outside of a lab setting

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#8
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Re: We Don't Need No Stinking Drills

04/24/2013 9:56 PM

There are a number of companies competing in this space, all in different stages of development, several addressing niche markets.....

http://www.biofuelstp.eu/biotechnology.html

Here's one I've been hearing about for some time....LS9

http://www.ls9.com/technology/technology-overview

Here's one that grows algae from the waste CO2 from plant exhaust...

http://www.joulefuels.com/how-it-works

This might be the one you're thinking of.....

http://www.jbei.org/

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#11

Re: We Don't Need No Stinking Drills

04/25/2013 12:50 PM

I would think that there would be a practical application at every chicken, pig or milk farm in the country for that. Someone just needs to come up with a "standard" size unit that could be installed. It sounds like you could actually install tanks underground so the manure could be dumped down into the tanks and "harvested" via pumps or some skimming operation depending on how the "product" layers up. Then tankers could go around and collect and bring to a central "refinery" for distillation unless of course it could could be directly used on site as a fuel for heat or electrical generation.

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#12

Re: We Don't Need No Stinking Drills

04/26/2013 7:59 PM

How'd you deal with some of that started in your gut?

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#13

Re: We Don't Need No Stinking Drills

04/27/2013 12:20 PM

Fast high temperature (i.e. solar-concentrated) pyrolysis of oil algae yields up to 60% of the mass of the algae as bio-crude. Try that one on for large scale using 1/7 of the land mass of New Mexico (equivalent), and use saline ground water (pumped by solar) to make up for the small water losses in tubular aquaculture, and voila, you have plenty oil.

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#14
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Re: We Don't Need No Stinking Drills

04/27/2013 5:18 PM

It's not that we can't produce bio-oil from algae, and really any organic material, it's that it costs too much....

"According to a 2010 research study by the Lawrence Berkeley National Laboratory, producing fuel from algae grown in ponds at scale would cost between $240 and $332 per barrel. The current price of a barrel of crude oil is only about $92, no comparison."

http://oilprice.com/Alternative-Energy/Biofuels/Why-are-we-not-Drowning-in-Algae-Biofuel.html

http://www.algaeindustrymagazine.com/tag/lawrence-berkeley-national-laboratory/

http://en.wikipedia.org/wiki/Algae_fuel

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#15
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Re: We Don't Need No Stinking Drills

04/28/2013 11:54 AM

I also might add that the world's oxygen supply in large part(70-80%) comes from algae....do we really want to use it for fuel ? No I think nuclear is the way to go...and natural gas....

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#16
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Re: We Don't Need No Stinking Drills

04/29/2013 9:02 AM

The cost of algae is skewed by the fact that it is not being done on a massive enough scale, the estimates may have been made based on lower yield per acre values, and also on lower oil yields, and on expensive processing. I believe the cost can be brought down to well below $100/barrel, given enough intention to do so. Somehow I do not believe that expensive membrane bio-reactors (or other) producing bacteria will be all that economical either.

But by all means go out there and prove me wrong.

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#17
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Re: We Don't Need No Stinking Drills

04/29/2013 9:03 AM

Duh. Growing more algae will produce more, not less oxygen, that is really beneath your usual level of logic.

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