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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Jim Willie CB who wrote (49906)4/11/2002 3:16:21 PM
From: Clappy  Read Replies (3) of 65232
 
Ol' Oily Silverback Gorilla,

Back when you were hunting the oil stocks did you come across any that were involved in the production or supply of Biodiesel.

Try to remember this term "Biodiesel".
I think it could be really big.
I thought of it as just another gas-ahol type of thing but now heard the big wigs at a fuel oil depot that I do work for talking about possibly setting up their facility to sell it. So it seem like it could be entering main stream if big oil's lobbyists don't get things squashed.

Basically they are making a diesel substitute out of soybeans. Supposed to cleaner and we obviously have an abundance of the material and farmers looking to grow the stuff. Right now it costs more to manufacture than the petrol type, though.

If the Senate pushes through any incentives like tax breaks though, it may be able to compete.

They are using it over in Europe.
Primarily in France.

I'm looking for companies to do DD on in their field but I'm having trouble finding many.

Anyone have any ideas?

-Clappy
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