Just this month, the Journal of Petroleum Technology featured an editorial about LENR. The article was written by Steve Jacobs, Patrick Leach, and David Nagel.
David Nagel is now CEO of NUCAT Energy. Before that, he was a leader in the physics department at the US Naval Research Laboratory. Those familiar with the saga of LENR know that the U.S. Navy has been involved a great deal with LENR, as well as other alternative power sources, such as wind, solar, as well as algae biofuels. Nagel’s experience was in experimental and theoretical research.
Steve Jacobs is COO of Decision Strategies, and has over 30 years experience in the petroleum industry. His main job is to find niches in the market for technologies, whether established or new.
Patrick Leach, CEO of Decision Strategies, is an expert in risk management.
The three men have collaborated on this editorial piece to present a well written history and presentation of LENR to the petrochemical industry. In the introductory paragraph, they point out that just 150 years ago, the boom was in whale oil. Then, oil was discovered.
They acknowledge that although LENR has been a subject skeptically regarded, it is, indeed, growing in its own place in the sciences. They state:
“If LENR is for real – and many well-qualified physicists believe it is – it will not only change the petroleum industry, but also significantly affect almost every aspect of our world. Some call it ‘the new fire.’… For the past 20-plus years, a small number of scientists have been diligently working on what could eventually become a hugely disruptive technology.”
The article goes on to state that,
“According to one researcher, the amount of energy released from 1 gram of nickel would be equivalent to about one barrel of oil.”
The works of various researchers are mentioned, with special emphasis and information about Andrea Rossi and his E-Cat, with mention of his 2 factories and the commercial E-Cat that is currently being sold.
The writers of the article goe on to speak of LENR as a very possible science, with a warning to the petroleum industry to prepare for the unpredictable.