I visited the lab on the way home from Indiana. Great folks, and they have some other cool stuff in the lab besides just biofuel. Stuff smells like your wife's nail polish remover. Also comes in a "diesel" variety, but they have many competitors in that market (it is easier to get a lower octane fuel, many are alcohol based rather than acetates).
The $2 / gallon figure assumes a fully functional large-scale plant; a steady supply of bio-mass (not likely year-round as crops have seasons); represents the production cost not a retail price (typically around 1/2 retail given transportation and point of sale markup); and includes no aviation or other fuel taxes. Still, they might get it delivered for $4 / gallon at the pump if the FAA pushes to exempt them since it creates jobs.
Low crude costs and our current economic forecast are likely to delay investors indefinitely.
Last edited by n5lp : 03-04-2009 at 08:55 PM.
Reason: Political content
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