| Recently I had a conversation with a brilliant engineer | | | | oil commodity markets are bad now, what if... we |
| and scientist about growing our fuel that is to say Bio | | | | have issues with growing and it is our fuel? |
| Fuel planted, cultivated and harvested by Farmers | | | | Unpredictable price spikes would kill airlines and |
| not from drilling, pumping, transporting and refining by | | | | trucking. Somewhat serious for rail, but they have |
| the Oil Companies. He indicated that; "Bio fuel will be | | | | more storage capacity. What about military reserves, |
| produced by farmers not oil companies." | | | | we cannot open that valve to commercial markets |
| After doing some checking I discovered that farmers | | | | every time there is an issue with price causing |
| can only at max produce 6-8% of our total diesel | | | | disruptions in distribution to our nation without a |
| needs now, but still that is a lot of fuel. It is about | | | | greater risk. |
| the amount of Diesel Sales of Knoxville Based Pilot | | | | I mean, the concept sounds cool and all but refining is |
| Truck Stops in the US pumps each month. So this is | | | | still an issue and this means lots of capital investment |
| one way to modify our supply issues against the | | | | and time to build. Eight percent Max would draw |
| demand of a nation, which is driven by the fuel, | | | | down Supply side spikes, but could also cause them. |
| which drives our economy. | | | | And why would those producing the Bio-diesel or bio |
| One item, which is a problematic issue, which is | | | | fuel bother selling the Bio-Diesel here, when they can |
| unresolved, is who is paying for the water during | | | | get double for it in the China in the near future, as |
| droughts when there is none? Remember the recent | | | | they are entering their industrial revolution and will be |
| long-term Western, Midwestern droughts. What | | | | an energy hungry nation, of which this world has |
| about crop failures? If we think price spikes in crude | | | | never seen? |