Digital Locations Inc (DLOC)

[Ecomike]

Good question as it reminds me about another real potential problem and issue, the fact that no new refineries have been built in the USA in over 35 plus years, due to the huge economic design penalties of new source federal rules for new sources of air emissions (EPA). Most old sources (refineries) have been grandfathered. That changed some in Texas the last 10 years, but Texas and EPA are in court fighting over the rules and jurisdiction right now (especially over integrated refinery and chemical plant complexes), which can slow funding and expansion of any kind. One of the jobs I do (hats I wear), is EPA, TCEQ permitting and environmental reporting.

Not entirely sure how they would treat or permit a mini reactor plant at a well converting NG into oil at the well head. More likely they would build it in Mexico, or offshore (?), or in Canada? Quatar is still part of the equation because they and Shell plan to, and will want to export the final products to places like the USA, with the value added prices, instead of just LNG.

EPA might get arm twisted with DOE help into fast tracking permitting it if converts CO2 into fuel, etc, but the EPA moves like a snail or turtle on new things, so don't expect to see permits issued over night.

When looking at risking hard earned cash, you need to look at potential roadblocks that can derail the train before it gets to its destination.

US military might fund design work and tests on small portable systems for use in the field?