Anyone have any opinions regarding SSPC. On quite a run today
up over 50%
The primary focus of Southern States Power Co. is to develop, produce and
distribute alternative fuels, particularly its OXyG Biodiesel, for use by
consumers and commercial businesses. While the demand for alternative fuels is
great, there are few producers ready to meet the growing need.
There are nearly 27 billion gallons of diesel consumed annually in the United
States alone, and an additional volume is consumed internationally. It is the
goal of the United States Department of Energy that 30% of petroleum-based motor
fuel be replaced by alternative fuels by the year 2010. Federal and state fleets
are mandated to use up to 75% domestically produced alternative fuels. President
George W. Bush's recently released National Energy Policy emphasized the growing
role that biodiesel will play in the nation's energy future.
Southern States Power is poised to capture a significant portion of the rapidly
expanding biodiesel market through an aggressive marketing plan as well as
contacts in government, business and industry. Tightening clean air standards
and growing fossil fuel costs are forcing private commercial fleets to look
toward alternative fuel products. Major biodiesel initiatives have been passed
in Arizona, Ohio, New Jersey, Nevada, Delaware and Iowa. More information can be
found at the company's Web site: www.sspowerco.com. |
