More BioD or Ethanol production will not lower prices. The powers that be know that the market can handle the price it's currently at, they're money hungry, and won't let the price drop much (record profits from Exon/Mobil last 4th quarter???). BioD production can cost less than diesel per gallon, but yet the BioD prices are similar to the petro prices. Also, stations that sell B99 can receive a tax refund of $0.99/gal for each gallon of BioD they sell. Where does that money go? Deffinately NOT to the consumer....it stays at the money hungry suplier.
If you had a product to sell, and you knew the top dollar that it would fetch that wouldn't diminish the volume of sales, wouldn't you push the price to the top dollar??? Luther ~I heard a guy on the radio say that there are currently 34 new ethanol ~plants under construction. I think that was nationwide in the US. He did ~not say how may BioD plants are coming online. I am hoping that Diesel and ~gas prices lower as more plants come online. ~ ~If you want lower fuel prices and are a resident of the US, write or call ~your senators and representatives and demand relaxation of regulations ~against drilling and refining. In particular, ask them to grow a spine and ~allow drilling in the arctic tundra. ~ ~ -- Luther KB5QHU Alma, Ark '83 300SD (231,xxx kmi) '82 300CD (159,222 kmi) '82 300D (74,000 kmi) needs MAJOR work
