This past November, CNN broadcasted a news program called “The Problem with Oil.” The show reiterated our nation’s dependency on oil and why it is so important we wean ourselves from foreign supply. The program discussed the advantages of hybrid vehicles, “green housing,” and everything in between.
Alliance Recovery Corp. (OTCBB: ARVY) covers “everything in between,” developing resource recovery technologies to turn industrial and other wastes into electrical energy. The company’s proprietary thermal chemical process converts rubber scrap tires to into fuel oil to electrical energy. This process minimizes emission levels, ensuring a clean and green way to dispose of the waste.
After watching CNN’s program, Alliance shareholder R.J. Rockwell contacted CNN to inform them of Alliance’s solution to our nation’s oil dependency and greenhouse issues. In a letter sent to both CNN and Alliance, Rockwell noted that every year America disposes of waste material that can be converted into about six million barrels of fuel oil.
“Ultimately, American ingenuity, engineering and know have provided Alliance with a final solution to the problematic disposal of rubber waste and scrap tires and at the same time producing a fuel oil,” Rockwell wrote in the letter. “The ‘Problem with Oil’ definitely impacts upon us all. Some good news is Alliance’s utilization of this waste-to-energy fuel oil to generate electricity. By doing so Alliance helps conserve America’s hydrocarbon resources and is a great example of an alternative fuel solution. Equally important is the fact that it is all ‘green.’”
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