Diamondpilot
Super Star Member
- Joined
- Jan 18, 2007
- Messages
- 16,316
- Location
- Daleville, IN
- Tractor
- Jinma 254/284 Ford 861 Powermaster at work
How do you figure you are paying more?
No it doesn't. Current returns are ~1.6 times. Considering much of the input energy is not usable motor fuel the real yield would be quite a bit higher than that.
Not to get off on a far tangent here but I have a Bio-Diesel plant 3.5 miles from my home. I have a 300 gallon farm tank so I loaded it on my trailer and was on my way to the Co-Op to go get it filled with #2 diesel. The thought came to me to stop at the Bio Plant and see if I could buy from the. The answer was no but the plant manager gave me a hard hat and a tour. This was in 2007 when Diesel was $4.25 per gallon or more.
Anyway, he told me 85% of what was made here in Indiana ended up in Germany and other European Countries where diesel was $9 per gallon. It was loaded on trucks and driven to New York area 8,000 gallons at a time and shipped overseas. He said by the time it gets to its destination they had about $8.00 to $8.50 per gallon in it. There was a government incentive that was somewhere in the $2 to $3 per gallon range ( I can not remember ), but if it were not for that they could not make a profit.
So yes, our smart government is so eager to put people to work that they are willing to lose money. Crazy.:confused2:
Chris