OTTAWA, ONTARIO -- (Marketwire) -- 02/25/11 -- Robert Ireland, CEO of Next Alternative, Inc. (XETRA: N4H), has relayed that in light of the continual rise in the cost of petroleum, the company's Emulsion Fuel is emerging as one of the few feasible solutions.
Crude oil prices recently topped $100 per barrel. With the current unrest in the Middle East, it's likely that the prices will continue to elevate. Many analysts and have pegged $120 a barrel to be the price that would send the US economy back into a recession. None of this news bodes well, but the Principals at Next Alternative (NAI) believe that they have the most effective answer to this ongoing crisis.
'NAI-Fuel' is the company's own Emulsion Fuel blended at a ratio of 60% fuel and 40% water and a small amount of stabilizing agent. Tests have shown that this cleaner fuel is completely effective, meets or exceeds all EPA requirements and costs far less to manufacture than pre-processed fuels. According to Ireland, 'As oil becomes more and more expensive, now is the time to seriously consider and invest in alternatives.' He continued, 'Turning to NAI-Fuel is a surefire way to curb our needs and regain some control. In fact, emulsion fuel technology could ultimately lead to doubling the worlds' oil reserves by lessening the amount needed to fuel transport vehicles, machines, industrial or power plants, commercial facilities and anything else reliant upon oil.'
More testing is being done at Next Alternative's Canadian plant in Akwesasne, Ontario. NAI has even begun testing a 50/50 ratio of petroleum and water, which would make this entire premise even more attractive and cost effective. With the clock ticking and the urgency growing, the company is adamant about bringing more awareness to this promising alternative solution.
Next Alternative Inc. is a break-through company paving the way in the global effort to discover alternative means of energy. Understanding the need to reduce the demand for fossil fuels, Next Alternative is pioneering new methods that provide eco-friendly solutions. Poised on the cutting-edge of new green technologies, Next Alternative strives to develop and offer products that meet the challenges of our new economy. Next Alternative stands as an innovator - bringing existing technologies together and melding them to meet future demand.