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To: ckilmer

Its really too bad the economics don't work. Had some hope for this one.


28 posted on 04/09/2006 9:35:56 AM PDT by JustDoItAlways
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To: JustDoItAlways

The Carthage plant has been optimized and is expected to turn a small profit. A tax credit has leveled the playing field with other renewable fuels like biodiesel and ethanol.

The fuel Appel makes, known officially as renewable diesel, received a subsidy of $1 per gallon from the Energy Policy Act of 2005, which took effect in January. That boosted the company's income by $42 a barrel, allowing a slim profit of $4 a barrel.


30 posted on 04/09/2006 9:56:17 AM PDT by ckilmer
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