The $1/gallon tax credit only applies to virgin Soy oil. I'd have to reread it, but my guess is that it only applies to the stuff produced by U.S. farmers. I have not yet been received well by any investor groups when pitching processes that depend on Waste Oil. They want projections based on stable supplies, not what I can pick up on the weekends in the back of a truck. Yea, I know there is a lot of it out there. But the people with the money don't care. In a way that is good. It means the door will remain open for the little guys to keep doing their thing.
-Dave Walton On 2/6/06, Lee Levitt <[EMAIL PROTECTED]> wrote: > > Dave, > > Good question. There's an increasing amount of palm oil coming in from > South America, priced *very* aggressively. > > And then there's PWVO as a secondary source, priced at $1 or thereabouts > in low to moderate quantities (tanker loads), plus $.50-.75 to process per > gallon. > > Lee > > ------------------------------ > *From:* dave walton [mailto:[EMAIL PROTECTED] > *Sent:* Monday, February 06, 2006 11:45 AM > *To:* [EMAIL PROTECTED]; Mercedes Discussion List > *Subject:* Re: [MBZ] Truckers fight biodiesel mandate > > How do you come up with $1.75 given the current spot price of Refined Soy > Oil? Futures are even worse. > > -Dave Walton > > > On 2/5/06, Lee Levitt <[EMAIL PROTECTED]> wrote: > > > > Mitch writes: > > > > > You seem to think that the price of bio stays constant while > > > the price of dino goes up. Three years ago, bio was $1.70 > > > while dino was $1.40, both fully taxed. One might have > > > thought demand for bio would go through the roof when dino > > > hit $2.50, but it's not happening. > > > > Biodiesel is completely supply constrained. Until that's fixed it's > > going to > > be a fringe fuel. Once the Big Guys can count on quality and quantity, > > you'll see it regularly at truck stops. > > > > Then we'll see how closely the price tracks dino. There's no reason why > > it > > should, except that it can. > > > > The true cost of B99 at the pump, factoring in manufacturing costs, > > transportation, fuel taxes and credits, is in the neighborhood of $1.75. > > > > Anything over that is pure profit. If diesel goes to $4/gallon, the only > > thing that will increase the price of B99 is the greediness of those > > distributing it. > > > > B100, by the way, comes in at $2.75. There's a $.99/gallon tax credit > > for > > cutting it to B99. Your tax dollars at work. > > > > Lee > > '93 300D 2.5L 182K > > > > > > _______________________________________ > > http://www.striplin.net > > For new parts see official list sponsor: http://www.buymbparts.com/ > > For used parts email [EMAIL PROTECTED] > > > > To Unsubscribe or change delivery options go to: > > http://striplin.net/mailman/listinfo/mercedes_striplin.net > > > >
