How to calculate price of artificial oil

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In summary, there is a company that has developed a device that can extract CO2 from the air and combine it with hydrogen from water to produce fuel for cars. This fuel is said to be more efficient than traditional gasoline and costs the same. However, there are concerns about the cost and feasibility of this process. A reference estimates the cost of capturing CO2 from the air to be 100 times more expensive than capturing it from power plant exhausts. Additionally, there is no published paper or engineering calculations to support the claims made by the company. Overall, it is uncertain if this process is economically viable and further research is needed.
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I was watching this video about a company that has a device which sucks CO2 out of air, mixes carbon with hydrogen from water and makes fuel for cars


They say that it can power cars even better that gasoline you get from crude oil and that it costs the same, but is there a way I can do some calculations to get some approximate price of that artificial gasoline?
 
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That video is a substandard reference for PF, but your question is a good one so I'll allow it.

The topic is not free energy. It is a fuel obtained at a cost. Please confine answers to the cost.

Edit: it would be most helpful if someone can find a published paper including engineering calculations for that claimed fuel.
 
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See previous PF threads on related topics.
https://www.physicsforums.com/threads/is-this-another-hydrogen-vehicle-scam.940158/#post-5944468
https://www.physicsforums.com/threads/water-as-a-fuel-in-cars.144105/
https://www.physicsforums.com/threads/water-for-fuel.745406/#post-4701066
https://www.physicsforums.com/threads/water-power-in-a-slightly-different-sense.731465/#post-4621858

The general conclusion is that fuel cell cars powered by O2 from air plus H from electrolysis is not economical.

This scheme adds to that by substituting CO2 for the O2. I found this reference: https://www.forbes.com/sites/energy...-for-reducing-u-s-co2-emissions/#4258438c6482 that puts the cost for CO2 capture from fossil power plant exhausts at about $50/MWh. Capturing it from the air would be 100x (?) more expensive. So this scheme is far more expensive than a simpler scheme which itself is uneconomical.

It would be great to see a paper published by the claimants so that we could check their calculations. I suspect that they make it sound good by assigning a wildly inflated value to avoiding more CO2 in the atmosphere. But that's just speculation because we can't see the source.
 
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1. How do I calculate the price of artificial oil?

To calculate the price of artificial oil, you will need to know the cost per barrel of crude oil and the cost of production for the artificial oil. First, determine the number of barrels of crude oil needed to produce one barrel of artificial oil. Then, multiply the cost per barrel of crude oil by the number of barrels needed. Finally, add the cost of production per barrel to get the total price of artificial oil.

2. What factors affect the price of artificial oil?

The price of artificial oil can be influenced by several factors, including the cost of production, demand for the product, and the cost of crude oil. Other factors such as government regulations, market competition, and availability of raw materials can also impact the price.

3. Can the price of artificial oil change over time?

Yes, the price of artificial oil can change over time. This is because the cost of production, demand, and other external factors can fluctuate. Additionally, changes in the cost of crude oil can also affect the price of artificial oil.

4. How do I determine the cost of production for artificial oil?

The cost of production for artificial oil can vary depending on the specific manufacturing process and technology used. To determine the cost, you will need to consider the cost of raw materials, labor, equipment, and any other expenses involved in the production process.

5. Why is the price of artificial oil sometimes higher than traditional oil?

The price of artificial oil can be higher than traditional oil due to the cost of production. Producing artificial oil requires advanced technology and processes, which can be more expensive compared to traditional oil production methods. Additionally, the demand for artificial oil may also be a factor in its higher price.

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