To: IrishMike
You are correct. Also, kerosene always came from coal, but it wasn't broken down the way they are talking about now.
The trick is to protect their capital investment from falling oil prices. How? Sell vast quantities into the futures market. This is what they are doing with wind power generated electricity.
5 posted on
04/19/2006 6:09:10 AM PDT by
SampleMan
To: SampleMan
The trick is to protect their capital investment from falling oil prices. How? Sell vast quantities into the futures market The problem is that a futures market for an untested fuel production system doesn't exist. Nobody is going to take the other side of the counterparty risk.
8 posted on
04/19/2006 6:25:27 AM PDT by
Rodney King
(No, we can't all just get along.)
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