2006-08-30 15:45:17 · 9 answers · asked by spunky_blonde_nurse 2 in Business & Finance ➔ Investing
If you do that you will die a millionaire.
2006-08-30 18:38:20 · answer #1 · answered by Anonymous · 0⤊ 1⤋
Having a source of fuel that can be replenished is imperative to the future of using machines that run on fuel. The current vegetable oil fuels are a very good sign of what is to come. Crops can be raised and we could have a viable alternative to the fossil fuels that are currently in use.
This fuel requires a pre-heating system much the same as the current diesel fuel cars. The oil can also be recycled from restaurants that cook with it. I understand that vehicles using this fuel sometimes smell like french fries, which could lead to some overeating, but then most Americans do that anyway.
2006-08-30 22:54:25 · answer #2 · answered by Silvatungfox 4 · 1⤊ 0⤋
The one thing that concerns me about any alternate fuel that comes from organic matter is how much fossil fuel energy does it take to convert the organic matter into a usable fuel like biodiesel. If bio-diesel is created from waste matter than cost of turning the waste into fuel can be spread out over two purposes 1) Waste Management and 2) Fuel Creation and it makes sense to use fossil fuels to create bio-fuels.
If however biodiesel is created from crops that could otherwise be sold to feed people then the energy created from burning fossil fuels used to convert he organic matter into fuel must be less then the energy which can be derived from the biofuel when its combusted. If not then the consumer, us, will be paying for both the bio fuel and the fossil fuel and all the middle man in between. There's also the extra carbon dioxide that's being released into the atmosphere, with biofuels carbon is now created in the making and using of the fuel.
I don't know enough about the creation of bio-diesel but I do know that it take 29% more energy to create ethanol from corn then can harnessed from the fuel later. If wheat is used, 40% more energy must be consumed in the creation process.
I see bio-diesel as only feasible if it is also a method of recycling waste. If not, then like ethanol, the idea is political correct but economically and environmentally unsound. Bio-fuels often only benefit already heavily subsidized farmers, republican politicians, oil companies and subsidized bio-fuel start ups.
2006-08-30 23:23:58 · answer #3 · answered by Anonymous · 1⤊ 0⤋
Multiple problems - or opportunities. Production, distribution, getting cars to use it & people to buy it.
Also, in the USA there is more resisitance to diesel, than in Europe. Another issue is what taxes are placed on it.
But in the end, if you can buy a (very) large source for your product, you may have a decent business - but it may have a short shelf life - don't invest for the long term.
Oh - and how the product per unit price compares to gasoline is critical too.
2006-08-30 22:54:49 · answer #4 · answered by dryheatdave 6 · 1⤊ 0⤋
Crude oil has corelation realationship with biodiel as alternate fuel
So watch out carefully for OIL price.
when OIL price when up, it is favaorable for biodisel stock
When oil price when down, it is not favaroble for alternate fuel stock
2006-08-31 00:09:17 · answer #5 · answered by Hoa N 6 · 1⤊ 0⤋
It's a crap shoot at this point. But if you want to choose one, choose one with a large and steady source of vegetable oil or animal fat. Preferably one with a source that cannot be taken away by another company as a hostile action. Check to see if they can be profitable with oil prices back down to levels of a couple years ago ... say $50 per barrel. If alternative fuels catch on, oil prices will fall and they will have to remain competetive.
2006-08-30 22:58:27 · answer #6 · answered by Anonymous · 1⤊ 0⤋
Investing in the RIGHT biodiesel company can make you a fortune in the near future. Be careful and do plenty of due diligence on the company you invest in however. Not EVERY company that goes into biodiesel will be successful.
2006-08-30 22:51:30 · answer #7 · answered by raetherent 2 · 1⤊ 0⤋
Where in the pipeline (no pun intended) were you going to invest? In the farmers, nope, no money there? In the processors, if it really starts taking off, the Exxon Mobil's of the world will take stuff over - if you buy stock in a company that they take over, you might do well.
2006-08-30 22:57:23 · answer #8 · answered by Anonymous · 0⤊ 1⤋
Great idea so we won't have to continue to be dependent on foreign fuels.
2006-08-30 22:51:01 · answer #9 · answered by Anonymous · 1⤊ 0⤋