Genoil Syncrude is a National Security Interest of The United States [Yahoo! Finance]
GENOIL INC (GNOLF)
NASDAQ:AMEX Investor Relations:
genoil.ca/investor-relations
Company Research
Source: Yahoo! Finance
NEW YORK CITY, NY / ACCESSWIRE / December 4, 2024 / Genoil Inc. (OTC PINK:GNOLF) announces that the Genoil Upstream Upgrading Crude Production Plant can supply much needed crude oil that has been lost due large oil disruptions caused from a Middle East Conflict or for example if the Straits of Hormuz were to be closed. Genoil's Upgrading Plant can replace the twenty-five million barrels per day of crude oil within sixty days. The Genoil upgrading plant will be more effective than the strategic petroleum reserves. The second reason to immediately rollout Genoil Syncrude Plant today, even without a crisis, is because of the enormous efficiency and productivity increases gained from existing refineries processing Syncrude as compared with the existing methods to process raw blended crudes which we calculate to be in the range of 52% more efficiency. A major oil disruption would require a state of emergency to be declared in Europe and the United States and the parts required would h
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