The invention provides a method for producing liquid hydrocarbons by first generating in a pressure swing reformer a synthesis gas stream having a mole ratio of H.sub.2:CO greater than 2:1. Then, a portion of the hydrogen is separated to produce a synthesis gas stream having a mole ratio of H.sub.2:CO of about 2:1 which steam is then introduced into a hydrocarbon synthesis reactor for conversion to liquid products.

 
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