Note: The material presented in this commentary is provided for informational purposes only and is based upon information that is considered to be reliable. However, neither PSW Investments, LLC d/b/a PhilStockWorld (PSW) nor its affiliates warrant its completeness, accuracy or adequacy and it should not be relied upon as such. Neither PSW nor its affiliates are responsible for any errors or omissions or for results obtained from the use of this information. Past performance, including the tracking of virtual trades and portfolios for educational purposes, is not necessarily indicative of future results. Neither Phil, Optrader, or anyone related to PSW is a registered financial adviser and they may hold positions in the stocks mentioned, which may change at any time without notice. Do not buy or sell based on anything that is written here, the risk of loss in trading is great.
This material is not intended as an offer or solicitation for the purchase or sale of any security or other financial instrument. Securities or other financial instruments mentioned in this material are not suitable for all investors. Any opinions expressed herein are given in good faith, are subject to change without notice, and are only intended at the moment of their issue as conditions quickly change. The information contained herein does not constitute advice on the tax consequences of making any particular investment decision. This material does not take into account your particular investment objectives, financial situations or needs and is not intended as a recommendation to you of any particular securities, financial instruments or strategies. Before investing, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.
Contact us: support@philstockworld.com
© Copyright - PSW, LLC.
2024
October 1st, 2007 at 1:27 pm
I’m not very hardcore about biodiesel one way or another. (It just happened to be on my mind when I picked my handle for PSW).
But yeah, for me, mainly because I am a chemist, I enjoy “homebrewing” (I call it laboratory transesterification, but that’s just me), because I enjoy the chem. It’s like a hobby. My wife makes soap. It’s fun and simple. I make about 10 gal’s a month and that gets me about 600 miles which is all I drive really. If I bought it from one of these new bio stations it would largely be like buying gas from RDS for me. In WA you can blend up to 80% mineral diesel and still call it “biodiesel” even though it’s only 20% by volume.
The article is good though on different fronts. ‘Food’ based fuel is by and large a waste of time, sort of like cutting down trees to heat homes, however it does get people thinking about energy use and fuel in general, and that is a good thing. I think it brings to the forefront when your standing there with the pump in your hand to think – ‘where did this gas come from and what’s the real cost for using it.’
Phil pointed out auto manufacturers could raise the MPG by 5% (or people drive 5%) and it would produce more oil dependency benefit that all of the biofuel production to date has, so getting people to ‘think about energy’ is probably the article’s biggest asset.