Archive for September, 2008

BIO FUEL: Who was that fool who first thought that biofuel is green energy?

Sunday, September 28th, 2008
green energy
Jonatan asked:


If you use oil to grow oil it creates tens of times more pollution. Wvhow Who could guess that
Food prices are going up because of territories occupied by fuel crops.

What is the impact of supply oversaturation in the biodiesel market?

Wednesday, September 24th, 2008
biodiesel
Banker asked:


Currently production capacity is 580MM gallons; an additional 1,400MM gallons are expected to be produced within the next 18 months, bringing the total supply around 2 billion gallons annually. Demand is very heavy due to government tax incentives and regulations, however at some point the market price of biodiesel has to decrease as consolidation in the supply market (like Exxon) will drive prices lower. Currently price of biodiesel is around $2.75/gallon. What is the impact of supply oversaturation in the biodiesel price?