By: Robert R. Sachs
With all of the concern about patents on business methods run amok, and patent trolls patenting the mere application of age old ideas on the Internet, with the intense scrutiny that that USPTO appears to have placed on business methods patents, including the unprecedented step of withdrawing applications from issuance, with all of the recent concern about the Sensitive Application Warning System (SAWS) that is supposed to flag applications that if issued could be controversial and subject the USPTO to undesired calumny and scorn, and which specifically includes business method applications held by highly visible public companies, with all that, how does this happen:
US Patent No. 8,865,100, "Monetizing Remote Gas Using High Energy Materials", issued on October 1, 2014. Oddly, this patent does not yet show up on Google Patents even though it was issued over three months ago.
Abstract: The present application is directed to a method and system for monetizing energy. More specifically, the invention is directed to the economically efficient utilization of remote or stranded natural gas resources. The invention includes importing a high energy density material into an energy market and distributing the high energy density material (HEDM) therein. The HEDM is produced from reduction of a material oxide such as boria into the HEDM, which may be boron. The reduction utilizes remote hydrocarbon resources such as stranded natural gas resources.
1. A method of monetizing energy, comprising:
transporting a high energy density material to an energy market from a stranded natural gas reduction process location, wherein the high energy density material is obtained from reduction of a material oxide to the high energy density material using a stranded natural gas reduction process.
9. The method of claim 1, wherein the material oxide is transported by one of a marine or overland bulk carrier.
12. A method of monetizing energy, comprising:
transporting a stranded natural gas resource to a reduction site; transporting a material oxide to the reduction site;
reducing the material oxide to a high energy density material using the stranded natural gas resource in a stranded natural gas reduction process at the reduction site; and transporting the high energy density material to an energy market.
13. The method of claim 12, further comprising: marketing a high energy density material to an energy market; and distributing the high energy density material within the energy market.