View Single Post
Old 04-11-2008, 10:50 AM   #4 (permalink)
Maetrix66
2.4 Liter SIDI ECOTEC
 
Join Date: Jan 2003
Location: Hartland, ME
Drives: 1984 Fiero SE 3100TT 1966 Grand Prix
Posts: 362
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.
Maetrix66 is offline   Reply With Quote