Re: News Media Bias Bio-Diesel This Time

Posted by CLW on March 09, 2006 at 19:42:42 from (68.90.203.6):

In Reply to: Re: News Media Bias Bio-Diesel This Time posted by MarkB_MI on March 09, 2006 at 18:55:46:

Mark, you are correct. bo, txgrn and others,I am not speaking against bio-diesel. The more we have the better off we are as far as helping farmers and being less dependent on overseas oil. I am only replying to what this person wrote and why he wrote it. It is not an artical that is in any place but business news sections.
Lets for a moment change the fuel from bio-diesel to gas. I own some stock in Exxon. A few month ago when gas was high I stayed out of the fights becouse I agree gas went to high to fast but on the other hand I only used about $70 a month (I'm retired) in gas. At the same time I made about $600 a week (on paper) from the stock. As the prices now go down I lose money (on paper).
Mark, yes it would mean lower fuel prices for everybody. It would also mean that those that had stock would sell it at a loss and after a while the companys would go belly up becouse there was no demand for there stock. Cheap fuel, no profit, means out of business and no more bio-diesel.
CLW

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