Page 9 - Improve Efficiency News Today

Methanol out of natural gas. we could ramp that up. weve had capacity in the past. weve dismantled that capacity. we could add that to the biofuels mix. we need an open fuel standard. we need engines that can adapt to the multiple kinds of fuels. >> john, how long would that take? in terms of millions of barrels a day that would be the equivalent of? >> i think if he look over a three to five year period, thats another -- 1 million to 2 million barrels a day. up to 4 million, 5 million barrels a...

But what we also need to do is address the electrical system. this is not just about transportation. >> let me stop you. you transitioned from production to efficiency. were still within the one to ten year timeframe youre talking about? >> thats correct. we have a dying, aging electrical infrastructure that has to be addressed as well. >> does that improve efficiency in terms of the transmission system and therefore we need to produce a little less? >> yes. it does. and along with that are all ...