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Re: Iowa negotiating for algae biodiesel plant
I think the reason for that is that people will charge what they can for something.
The is not a surplus of ethanol right now, so the amount they have carries a price tag to reflect that. When all of these new plants come online, then the price COULD go down alot. E85 still carries a allure of being eco-friendly, so they have to get a little for that. But as opposed to the finite amount of oil we have on this planet, the amount of ethanol that can be produced is infinite.
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