1069.    ---------------.  [FOSTER, A. L.] Postwar Refinery Operations Capitalize on Skills Developed During Emergency.  Fischer-Tropsch Developments.  Oil Gas Jour., vol. 45, No. 12, 1946, pp. 165, 216.

        Progress in this field has been in developing and perfecting catalysts, equipment, and procedures to improve yields and properties and reduce costs.  It is tentatively estimated that gasoline can be produced for $0.0525 per gal., including interest, depreciation and amortization.  As regards catalysts, it appears that the sintered Fe type is being favored, with operation by the fluid principle.  The technical feasibility of the Fischer process is already demonstrated but its economic practicability is yet to be proved.  A crude price ceiling of $2.00 per bbl. has been mentioned as the minimum with which the synthetic process could economically compete.