Wednesday, May 31, 2006

Dieselfuelprices

Diesel fuel prices slipped a few cents per gallon to about $2.88 this week, even as crude hovers around $72.00 a barrel. Biodiesel plants are becoming more viable although their combined output is still a drop in the bucket as far as consumption is concerned.

Looking at the IFTA site, Texas seems to be the only state in the union that has some economic benefits to running Biodiesel. The EPA has information regarding Biodiesel
formulations and uses. You should gather as much information as you can prior to producing Biodiesel. There are many pitfalls as well as benefits to making your own fuel.

Tuesday, May 02, 2006

Dieselfuelprices

I am in the transportation industry. I speak with trucking companies and independent drivers each day. Last year when the hurricanes struck and slowed fuel production, I tried to calm fears and trucking business owners concerns about increasing fuel prices. I had hoped that fuel prices would level off and then decline as more product hit the market. So far, that hasn't happened.

Even though there thankfully, seems to be plenty of product (no shortages) the prices are still increasing. Worse yet, government regulation will soon cost us more as well when the "low sulfur" grade is introduced. That will cost an additional 3 to 7 cents per gallon. "Yep", they took away the inexpensive low grade less processed fuel, then took away most agricultural exemptions, now we are getting hit with this low sulfur stuff. Add insult to injury, the people responsible sticking it to us voted themselves an automatic raise each year. Is it any wonder congress is about as popular as a bad case of the flu.

Biodiesel escapes some of the processing difficulties of standard diesel fuel. Getting enough biodiesel fuel on the market to reduce emissions and prices is the holy grail. Not to mention elininating our dependence on these unpredictable, unstable, third world tin-horn dictatorships out there. We all know who they are.