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, qui...@clearwire.net 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
