Re: [ot_caving] Bio fuels and the pump....
I've heard gasoline prices in the UK are about 8$ /gal - most of that being "tax" revenue for the government. (How it's being spent appears to be a matter of speculation and distrust among the British public.) (The sign that goes with the BBC news article would suggest a Biodiesel price of US $8.92 per gallon!! At that price you could probably use unused cooking oil as a diesel substitute! I've heard that this had been going on in Germany.) Its not hard to imagine how this wouldn't be profitable for US biodiesel suppliers, but surely it seems difficult to imagine how all the biodiesel in this country wouldn't cost LESS than petroleum-based diesel! (In that there are no tarrifs on imported B.D. - that's the BRITS own fault!) It really gets me that gasoline in Mexico is around $2 a gallon - Diesel being even cheaper - but I'd have to pay a substantial duty on more than a large tankful - so its no way feasible to go down to Mexico and fill up a tanker truck - its simply not allowed by the nationalized petroleum industry of Mexico. Wouldn't we all love it if Mexico was dumping cheap gasoline and diesel in Texas? Instead we're paying for foreign oil that's 10 to 20 bucks per barrel higher than US sweet crude! Here is a link to an exchange traded fund that reflects the price of US sweet crude: http://finance.yahoo.com/echarts?s=USO#symbol=USO;range=1y -WaV On Sun, Jun 15, 2008 at 8:50 AM, wrote: > It might get better if we had it in a few more gas stations. > The big boys are not happy with any product other than oil. > Quinta >
Re: [ot_caving] Bio fuels and the pump....
It might get better if we had it in a few more gas stations. The big boys are not happy with any product other than oil. Quinta
[ot_caving] Bio fuels and the pump....
Looks like we are already making more Biodiesel then we can use so lets sell it off to others: "Europe probes biodiesel 'dumping'" The European Commission has launched an investigation into claims that the US is "dumping" subsidised biodiesel onto the European market. The US government supports the production of biofuels from corn and soya, saying it provides an alternative to expensive, foreign crude oil. It sells the surplus abroad, including to Europe. Full story at: http://news.bbc.co.uk/2/hi/business/7453564.stm Terry H. - Give this to a friend: ot-subscr...@texascavers.com To unsubscribe, e-mail: ot-unsubscr...@texascavers.com For additional commands, e-mail: ot-h...@texascavers.com