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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: Sedohr Nod who wrote (255451)	6/23/2008 5:51:29 PM
From: steve harris	Read Replies (1) \| Respond to of 793856

Locally, everyone's down about this plant being put on hold; it was in the news the other day. Big news: arkansasbusiness.com Green Way Bio Energy LLC of Little Rock announced plans Thursday to construct a 10 million-gallon biodiesel production facility on the Arkansas River in the Little Rock Port Authority Shelved 15 months later: nwanews.com Green Way Bio Energy LLC no longer plans to build a 5-milliongallon annual production capacity biodiesel plant at the Little Rock Port, according to Keith Thompson, a principal in the project.

To: Sedohr Nod who wrote (255451)	6/23/2008 7:32:15 PM
From: Ish	Respond to of 793856

<<The problem is that there has been a mania of construction on biofuel plants over the last few years, Ish. >> The problem is we had several years of good growing weather. Started using ethanol in my area in '74 so it's not new. Even with that we ran a 2 billion bushel surplus every year. That made for a hey look we have a source. This year things will get ugly. USDA says Iowa's crop will be down 17%. 17% hasn't been planted and 20% of what has been planted is under water. Little more news, late plantings won't form a canopy to keep the sun from the soil and will pollinate late and that isn't good. Ok, we get the switch to beans on the flooded ground because they can be planted later. This late and you get 1/2 a crop. Beans don't like wet feet and they're talking about planting them in flooded ground. Duh. Ok, I have a partial solution, run the semi trucks on used cooking oil. Mileage is down 10% and they are harder to stary when cold but they never get shut down. Something we toss out can be used to run semi trucks for the cost of a filter. <<I wonder what their per gallon production cost is at 6-8 dollar corn.....glad my money is not tied up in any of it.>> My money is, on the corn production side.