Bad year? Why? Where is Obama?
Hey folks,
I just found this extremely interesting. If you really think about this, it tells you the TRUTH of what is going to happen if the Kooks ever get there way and force us to go "Green" one hundred percent. It also tells you the truth of what the reality is behind the whole thing.
According to the AP - Bad year for biofuel ends on a dour note By SEAN MURPHY, Associated Press Writer Sean Murphy, Associated Press Writer – Fri Jan 1, 2:04 pm ET
OKLAHOMA CITY – An alternative fuel for diesel engines is off to a shaky start this year though it emits fewer pollutants and cuts down on petroleum use because it's made from environmentally friendly waste and vegetable oil.
In the beginning of the whole Biofuel craze, it also started food riots. Remember that?
A federal tax credit that provided makers of biodiesel $1 for every gallon expired Friday. As a result, some U.S. producers say they will shut down without the government subsidy.
Where is the love?
Biodiesel's woes come on top of a year of problems for the fledgling biofuel industry — an irony given the push to cut down on greenhouse gases and ease the nation's need for foreign oil. A key driver for the alternative fuel — the high cost of oil — disappeared as diesel prices dropped 18 percent since the beginning of the recession. Then in March the European Union placed import-killing tariffs on biodiesel and other biofuels.
Which is why Obama said he LIKED High Energy Costs. He LIKED $4.00 plus a gallon.
It was a huge hit for U.S. biofuel makers, with Europe taking 95 percent of all global exports.
Biodiesel, which is usually blended with traditional fuel, had over the past few years been the fastest growing fuel among fleet vehicles like buses, snow plows and garbage trucks.
Those fleets, however, can shift to traditional fuel, as some have, when the prices of diesel drops.
Logic and commonsense.
The biodiesel industry is now operating at only 15 percent of its potential capacity, according to the National Biodiesel Board, largely because the price of traditional diesel has collapsed. There are close to 180 biodiesel plants operating in about 40 states.
The country's largest biodiesel refinery, in Houston, sits idle. Another major refinery in Hoquiam, Wash., that was restarted recently to meet alternative fuel mandates in Oregon and British Columbia was shut down after an explosion in December.
The loss of the tax credit, which helps pay salaries, buy new equipment and in good times to turn a profit, will hit small producers particularly hard.
A one-year extension of the biodiesel tax credit was included in a bill that was approved by the U.S. House recently, but it never made it through the Senate.
Where is Reid? Where is Obama pressuring the Senate to pass the Law? Oh, yeah, they really do not care. They are more worried about the Socialistic Take over of One Sixth of the US Economy. That is more Power, Control, and Money than they get from extending the Tax Credit. But what about saving the Planet?
Lawmakers say the tax-credit will be retroactive if approved.
Production will cease in Valliant, Okla., where Dwight Francis created a biodiesel startup this year as the local timber economy tanked.
For each of the 12,000 gallons of biodiesel that Francis produces each week, he has received a $1 tax credit to help keep operations going.
His company has been riding out the economic downturn until now, thanks to the tax credit.
"By the time you buy the feedstock and the chemicals to produce the fuel, you have more money in it than you get for the fuel without the tax credit," Francis said. "We won't be producing any without the tax credit."
Ethanol producers, for instance, were hit by a string of bankruptcies, next-generation biofuels were stung by scandal.
That's because they really do nothing. Expect RAISE energy cost, and hurt middle America. There are also studies that show Ethanol pollutes MORE than Natural Oil and Natural Gas.
This summer a federal jury found that Cello Energy, a next-generation biofuel company that specialized in plants-to-fuel technology, had defrauded investors. That is expected to leave the Environmental Protection Agency far short of the millions of gallons of biofuel it had planned to blend into traditional fuel this year.
The whole thing is based on a SCAM to begin with.
VeraSun, the country's second largest ethanol producer, filed for Chapter 11 bankruptcy protection in October and its assets sold. Other ethanol refineries were swept up for pennies on the dollar.
"You could say the entire biofuels industry has had a rough year," said Robert McCormick, principal engineer at the Department of Energy's National Renewable Energy Laboratory.
There is little chance that the U.S. will reach alternative fuel benchmarks of 36 billion gallons a year by 2022 in hopes of weaning the nation off foreign oil.
Still, ethanol producers appear to be bouncing back and maintain unflagging political support. And the Department of Energy announced last month that next-generation biofuels would get more than $600 million in federal funding.
Even though they are failing. So why are they not in a rush to fund them? Why did they let the Tax Credit expire? Do we NOT only have like 100 days top save the planet? Wasn't Bio-Fuel suppose to be one of the best "Green" answers we have? It was. Now in real life operation, it is showing to be a failure. So why would we want to continue to throw money away on it. Why would we want to continue to throw more and more money away on OTHER unrealized theories?
I've said this countless time before. I'm all for alternatives. Let's start small. One town say. Convert it to all these theories. Biofuel, Wind, Solar, Hydro, whatever. What fails, DROP IT! What shows signs of success, go with it. Increase the size. A City. Get the bugs out. Find cheaper and more productive ways to operate it. If it works, go BIGGER. Two Cities, three, ETC. Make sure it is affordable for all. Meanwhile, keep the Economy going on what RUNS the Economy. Keep finding ways to make energy more efficient and more affordable for all, using what IS proven. Let's stop trying to destroy Reality, in the hopes of a unrealized dream.
Peter
Sources:
AP - Bad year for biofuel ends on a dour note
Hey folks,
I just found this extremely interesting. If you really think about this, it tells you the TRUTH of what is going to happen if the Kooks ever get there way and force us to go "Green" one hundred percent. It also tells you the truth of what the reality is behind the whole thing.According to the AP - Bad year for biofuel ends on a dour note By SEAN MURPHY, Associated Press Writer Sean Murphy, Associated Press Writer – Fri Jan 1, 2:04 pm ET
OKLAHOMA CITY – An alternative fuel for diesel engines is off to a shaky start this year though it emits fewer pollutants and cuts down on petroleum use because it's made from environmentally friendly waste and vegetable oil.
In the beginning of the whole Biofuel craze, it also started food riots. Remember that?
A federal tax credit that provided makers of biodiesel $1 for every gallon expired Friday. As a result, some U.S. producers say they will shut down without the government subsidy.
Where is the love?
Biodiesel's woes come on top of a year of problems for the fledgling biofuel industry — an irony given the push to cut down on greenhouse gases and ease the nation's need for foreign oil. A key driver for the alternative fuel — the high cost of oil — disappeared as diesel prices dropped 18 percent since the beginning of the recession. Then in March the European Union placed import-killing tariffs on biodiesel and other biofuels.
Which is why Obama said he LIKED High Energy Costs. He LIKED $4.00 plus a gallon.
It was a huge hit for U.S. biofuel makers, with Europe taking 95 percent of all global exports.
Biodiesel, which is usually blended with traditional fuel, had over the past few years been the fastest growing fuel among fleet vehicles like buses, snow plows and garbage trucks.
Those fleets, however, can shift to traditional fuel, as some have, when the prices of diesel drops.
Logic and commonsense.
The biodiesel industry is now operating at only 15 percent of its potential capacity, according to the National Biodiesel Board, largely because the price of traditional diesel has collapsed. There are close to 180 biodiesel plants operating in about 40 states.
The country's largest biodiesel refinery, in Houston, sits idle. Another major refinery in Hoquiam, Wash., that was restarted recently to meet alternative fuel mandates in Oregon and British Columbia was shut down after an explosion in December.
The loss of the tax credit, which helps pay salaries, buy new equipment and in good times to turn a profit, will hit small producers particularly hard.
A one-year extension of the biodiesel tax credit was included in a bill that was approved by the U.S. House recently, but it never made it through the Senate.
Where is Reid? Where is Obama pressuring the Senate to pass the Law? Oh, yeah, they really do not care. They are more worried about the Socialistic Take over of One Sixth of the US Economy. That is more Power, Control, and Money than they get from extending the Tax Credit. But what about saving the Planet?
Lawmakers say the tax-credit will be retroactive if approved.
Production will cease in Valliant, Okla., where Dwight Francis created a biodiesel startup this year as the local timber economy tanked.
For each of the 12,000 gallons of biodiesel that Francis produces each week, he has received a $1 tax credit to help keep operations going.
His company has been riding out the economic downturn until now, thanks to the tax credit.
"By the time you buy the feedstock and the chemicals to produce the fuel, you have more money in it than you get for the fuel without the tax credit," Francis said. "We won't be producing any without the tax credit."
Ethanol producers, for instance, were hit by a string of bankruptcies, next-generation biofuels were stung by scandal.
That's because they really do nothing. Expect RAISE energy cost, and hurt middle America. There are also studies that show Ethanol pollutes MORE than Natural Oil and Natural Gas.
This summer a federal jury found that Cello Energy, a next-generation biofuel company that specialized in plants-to-fuel technology, had defrauded investors. That is expected to leave the Environmental Protection Agency far short of the millions of gallons of biofuel it had planned to blend into traditional fuel this year.
The whole thing is based on a SCAM to begin with.
VeraSun, the country's second largest ethanol producer, filed for Chapter 11 bankruptcy protection in October and its assets sold. Other ethanol refineries were swept up for pennies on the dollar.
"You could say the entire biofuels industry has had a rough year," said Robert McCormick, principal engineer at the Department of Energy's National Renewable Energy Laboratory.
There is little chance that the U.S. will reach alternative fuel benchmarks of 36 billion gallons a year by 2022 in hopes of weaning the nation off foreign oil.
Still, ethanol producers appear to be bouncing back and maintain unflagging political support. And the Department of Energy announced last month that next-generation biofuels would get more than $600 million in federal funding.
Even though they are failing. So why are they not in a rush to fund them? Why did they let the Tax Credit expire? Do we NOT only have like 100 days top save the planet? Wasn't Bio-Fuel suppose to be one of the best "Green" answers we have? It was. Now in real life operation, it is showing to be a failure. So why would we want to continue to throw money away on it. Why would we want to continue to throw more and more money away on OTHER unrealized theories?
I've said this countless time before. I'm all for alternatives. Let's start small. One town say. Convert it to all these theories. Biofuel, Wind, Solar, Hydro, whatever. What fails, DROP IT! What shows signs of success, go with it. Increase the size. A City. Get the bugs out. Find cheaper and more productive ways to operate it. If it works, go BIGGER. Two Cities, three, ETC. Make sure it is affordable for all. Meanwhile, keep the Economy going on what RUNS the Economy. Keep finding ways to make energy more efficient and more affordable for all, using what IS proven. Let's stop trying to destroy Reality, in the hopes of a unrealized dream.
Peter
Sources:
AP - Bad year for biofuel ends on a dour note
1 comment:
The current energy policies are stifling the economy. You are right. The energy policies are running the economy. Running it right into the ground.
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