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Blog Posted in avatar   Richard Bass's Blog

Bell Bio-Energy and the U.S. takes a step greenward.

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By Richard Bass
Posted Aug 14, 2008 in Environment
A company in Georgia Bell Bio-Energy has been developing a way to make millions of barrels of oil out of nearly anything that will grow out of the earths surface.
According to Bell Bio-Energy they have reached an agreement with the U.S. Defense Department to build seven new test facilities on government properties( primarily military installations) to prove that their process can quickly turn virtually any naturally grown material into a usable fuel.
" In 18 months or so, we will start manufacturing oil directly from waste and we will build up to about 500,000 barrels a day within two years. In another six months, we'll reach a million barrels a day... Working with the USDA we've identified enough waste material around the country, we truly believe we can make the United States totally energy independent of foreign countries in about five years"
J.C. Bell the man behind the innovation says he got the idea oddly enough by standing downwind from his cows at his food-production company Bell Plantation in Tifton Ga.
J.C. Bell said:
"Cows are like people that eat lots of beans. They're really, really good at making natural gas," he said. "It dawned on me that that natural gas was methane."
The seven test facilities will be built for the Defense Energy Support Center and the Army at Fort Benning and Fort Stewart in Georgia, Fort Bragg in North Carolina, Fort AP Hill in Virginia, Fort Drum in New York and Fort Lewis in Washington, as well as one more installation in San Pedro, Calif.
The seven test plants are reported to be built within 60 days and then full production facilities could be built within the next 12 to 18 months.
The first full scale plants would cost approximately between $100 and $125 Million dollars.
An investment of $2.5 Billion will more than likely be required to reach a production rate of one million barrels per day.
Bell claims that the process would be competitive with standard oil prices even at $70 per barrel.
With all of the GW and environmental debates this could provide a solution for both the energy and environmental crisis's alike As this wouldn't be reliant on one single green source it would open the doors for many new solutions of energy production with a variety of sources to draw from.
WorldNetDaily reference.

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