The U.S. Department of Energy has launched several research efforts to "leapfrog" existing technology to produce liquid fuels from coal. DOE asked three industry teams to join a research effort to apply recent technological advances to cut the cost of coal liquids to $30/bbl. The teams will be led by Amoco Oil Co., Naperville, Ill., Hydrocarbon Research Inc., Princeton N.J., and Canadian Energy Development Inc. with the Alberta Research Council. The three research groups will join SRI International, Menlo Park, Calif., and the University of Kentucky Research Foundation, both chosen earlier this year, in sharing about $5 ...

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