MRP 252: Turning Natural Gas into Gasoline
The Mineral Rights Podcast: Mineral Rights | Royalties | Oil and Gas | Matt Sands
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Show Notes
Currently, the United States is experiencing a natural gas boom. We have so much gas that in some areas, prices have even gone negative. This oversupply has led to wasteful practices like flaring, where excess gas is burned off at well sites. Did you know that based on energy content alone, natural gas should be priced at about one-sixth the price of oil. However, gas is currently trading much lower than this ratio would suggest. This price disparity creates an opportunity for innovative solutions. We talk about how an amazing technology that has been around for over 100 years is being piloted in the Permian Basin to convert excess natural gas to valuable products like gasoline.
As always, links to the resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.