Oil Refiner Says Enough Petroleum for Decades
TRAVERSE CITY, MI – ConocoPhillips Co., the largest U.S. oil refiner, is confident there is enough oil to support petroleum-fueled vehicles for 60 or 70 years, says Joe Kaufman, who follows alternative-fuel developments for his company. Hydrogen fuel cells won't be big business until 2030 at the earliest, he says, due to fuel-storage problems.
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TRAVERSE CITY, MI – ConocoPhillips Co., the largest U.S. oil refiner, is confident there is enough oil to support petroleum-fueled vehicles for 60 or 70 years, says Joe Kaufman, who follows alternative-fuel developments for his company.
Hydrogen fuel cells won't be big business until 2030 at the earliest, he says, due to fuel-storage problems.
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