Gas To Oil: A Gusher For The Millennium?

Chemical sorcery could provide the world with enough oil for almost 30 years

In a cluttered Tulsa laboratory, Kenneth L. Agee is practicing oil-patch alchemy. Since 1988, the lanky chemical engineer has worked to transform dirt-cheap natural gas into a new kind of black gold. Last year, he finally pulled it off, conjuring up an affordable way to transform natural gas--which can be so worthless that it's sometimes flared off, or burned at the well head--into a liquid that yields superclean gasoline, diesel fuel, or any other product derived from crude oil.

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