Good_Drive_7965 t1_j0zdnme wrote
The synthetic efuel won't be exactly cheap—Steiner thinks at current prices it works out to around $8 per gallon ($2/L), although that obviously doesn't include any taxes or duties, which make up most of the price of fuel in most regions around the world. But it's an important project, given that there are more than 1.3 billion combustion engine vehicles operating on roads globally today, and with the best well in the world, those aren't all going to be replaced by electric vehicles any time soon.
Arts251 t1_j10tzej wrote
Hopefully with economies of scale the production costs can come down a little, and also might be a bit of a hedge compared to as future price increases in traditional fossil fuel based petroleum products.
Speculawyer t1_j1335uu wrote
And who is going to buy $8 synthetic fuel when they can buy $3 gasoline?
Bensemus t1_j16ikov wrote
No one. This is to get ready for when gas is hard to find. They are starting early.
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