SYSTEM AND METHOD FOR EXTRACTING PETROLEUM AND GENERATING ELECTRICITY USING NATURAL GAS OR LOCAL PETROLEUM

One embodiment is a method for extracting oil from a near-depleted oil well. A portable natural gas, methane, or petroleum reformer is brought to a site of the oil well. A quantity of natural gas, methane, or a portion of the locally produced petroleum and a quantity of water is fed into the reformer. The natural gas, methane, or petroleum is reacted with the water in the reformer to generate a driver gas containing a mixture of hydrogen gas and carbon dioxide gas. The driver gas is compressed to a pressure appropriate for the oil well, the driver gas is injected into the oil well, and the oil is recovered from the near-depleted oil well. In one embodiment, sulfur is first removed from the natural gas or crude petroleum. Another embodiment is a method for generating electricity without greenhouse gas emissions. The driver gas is separated into a substantially hydrogen stream and a substantially carbon dioxide stream prior to injecting the driver gas into the oil well, and the hydrogen stream is used to generate electricity.