STWA's Advanced Oil Technology (AOT) Pulsed Electromagnetic Treatment Could Deliver Substantial Cost-Savings to Land-Based and Deep Sea Pipeline Operators
Recent Testing From Temple University Demonstrates Definable Results
SANTA BARBARA, CA--(Marketwire - December 8, 2009) - Save The World Air, Inc. (
"Generally, oil pipelines provide transportation, temporary storage and logistics services; they do not own the product they transport," commented Mr. Cecil Bond Kyte, Chairman and CEO of Save The World Air, Inc. "Because of this fact, it makes sense that the operators want to move as much product through their pipelines as possible. Using STWA's AOT technology could help to reduce the viscosity of the crude oil moving through the pipeline, thereby increasing its flow and the resultant time to go from point A to point B. AOT technology also alleviates the need for chemical additives to decrease viscosity. These additives are expensive, and have to be removed from the oil eventually, which further adds to the cost."
Mr. Kyte continued, "The U.S. has over 200,000 miles of pipeline, operated by literally hundreds of companies. Approximately 70% of the petroleum in the U.S. is transported via pipelines, and the American system is the largest network of oil and natural gas pipelines in the world. Europe also runs pipelines, but the network is significantly smaller. Additionally, there are hundreds of thousands of miles of pipeline elsewhere in the world, and new ones are built every year, making this an extremely attractive and potentially lucrative market."
Temple University's Dr. Rongjia Tao calculated the operation cost to be minimal. Dr. Tao estimated energy cost for the operation at about 0.01 KW-h/barrel -- basically negligible. During the tests, flow rate of the oil through the pipeline [using the device] increased by 20%, and viscosity was reduced by more than 30%. These results were achieved without the benefit of additives to the heavy crude and equate to a cost of only $0.002/barrel, as opposed to as much as $20 dollars per barrel in some extraction regions.
Kyte added, "STWA will be attending the Pipe Tech Americas 2010 Summit in Houston, Texas next month. At the Summit we will be speaking to representatives from some of the largest oil and pipeline companies in the world. It is our hope that they will understand the potential of this technology and work with us to help deliver it to the marketplace."
About Save The World Air, Inc.
Save The World Air, Inc. develops and licenses patented and patent pending flux field pollution control and performance improvement technologies, including the ELEKTRA, ZEFS and MKIV, which have been scientifically tested and proven to significantly reduce harmful exhaust emissions, improve performance and enhance fuel economy. The products have been engineered to serve as either stand alone pollution control systems or can be used (in conjunction with catalytic converters) to create a more effective total pollution control system that not only reduces harmful emissions, but also decreases greenhouse gases, improves fuel efficiency and boosts performance.
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Safe Harbor Statement
This press release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from any future results described within the forward-looking statements. Risk factors that could contribute to such differences include those matters more fully disclosed in the Company's reports filed with the Securities and Exchange Commission. The forward-looking information provided herein represents the Company's estimates as of the date of the press release, and subsequent events and developments may cause the Company's estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company's estimates of its future financial performance as of any date subsequent to the date of this press release.
Released December 8, 2009