Current fuel prices are cheaper than dirt. Why? Because what is the alternative? There's ain't one. Our whole economy is reliant on petroleum. And don't try to say that alternative fuels are the solution. I challenge you to produce an alternative fuel today without using petroleum.
Now, as for the cost of low-sulfur diesel, did it occur to you that there is a buried cost for high sulfur fuel? The difference is that you don't pay that price at the pump; rather, we ALL pay for the long-term effects of sulfur.
The EPA claims $70 billion/year in benefits from low-sulfur fuel versus $4 billion/year in cost. Assuming those estimates are optimistic, let's say it's $35B in benefits and $8B in cost. That's still a net income to the economy of 17 billion dollars per year.
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Today's Featured Article - Chores - by Frank Young. The ceaseless passing of time! It is at once our friend and our enemy. It measures our progress and it makes us old. Like most features of our life, few things are all good or all bad, and most such judgments depend on our own perspective or viewpoint. In our particular hobby, we enjoy the nostalgic return to the days of our youth as we recreate many of the scenes that took place on the family farm that served as the stage for the first few acts of the play that is our live
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