Rest In Peace, old friend, your work is finished.......
If you want on or off the DIESEL "KNOCK" LIST just FReepmail me........
This is a fairly HIGH VOLUME ping list on some days......
Posted on 11/16/2006 8:05:34 AM PST by Red Badger
A new economic study, released by the National Biodiesel Board, says that the growing biodiesel industry will add $24 billion to the U.S. economy by 2015.
The figure assumes that the biodiesel industry will grow to produce 650 million gallons annually. If this growth holds, the study says biodiesel will create 39,102 new jobs.
However ambitious the numbers, the study seems right to assume that the biodiesel industry will continue to grow. American Ag Fuels, one company in the process of building a new plant, is expanding production from 2 million to 5 million.
"We decided to expand because frankly we've had trouble keeping up with demand," says American Ag Fuels President Steve Lankenau.
The study also has farmer-level soybean prices climbing 10% within 10 years, if nearly 500 million gallons of biodiesel comes from soybean oil. The study says that tax revenues from biodiesel production will pay off the industry's federal tax incentives.
Rest In Peace, old friend, your work is finished.......
If you want on or off the DIESEL "KNOCK" LIST just FReepmail me........
This is a fairly HIGH VOLUME ping list on some days......
"Diesel Power - Gasoline is just for washing parts..."
There seemsto be more future in this, than the dozens of corn to ethanol plants under consideration here in Indiana.
Anything is better than buying our fuel from the rugriders.
The study says that tax revenues from biodiesel production will pay off the industry's federal tax incentives.
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I have to say yeah to this.
Both ethanol AND diesel oils can be produced from the same feedstock! A new process, etc.........I'll see if I can find it on FR.......
Dn't worry, Mexican and Chinese restaurants will take up the slack!...........
You may already own some.
Oil isn't the only game at Shell
Also:
I have both.
How much of that money is a redistribution of resources?
I'm sure some of it is, and it is a very optimistic outlook. Who knows? It may actually ADD some money to the economy, by not sending it to OPEC.............
The accountants that compiled these figures to obtain the dazzling number used as propaganda should. There's the tax money part of the redistribution, which is covers a direct cost of establishing the redistribution of resources within, or between industries. The value of natural resources and overhead diverted from foreign sources should be given. I think this is hype to overshadow the direct costs of establishing the redistribution, which is worth much less in terms of real economic increase in the first place.
I see...
.....I guess I should shift some to biodiesel startups.....
Think TRS 80, think Dell
Think startup? think Exxon
Bio Diesel is 95% diesel. The biggies will buy the veggie producers and do their own blending.
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