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Microcap & Penny Stocks : Rentech(RTK) - gas-to-liquids and cleaner fuel -- Ignore unavailable to you. Want to Upgrade?


To: chirodoc who wrote (1269)2/19/1998 8:44:00 PM
From: TokyoMex  Read Replies (1) | Respond to of 14347
 
Curtis,
Currently high grade diesel...
Joe



To: chirodoc who wrote (1269)2/19/1998 8:56:00 PM
From: Chartgod  Read Replies (2) | Respond to of 14347
 
Curtis, I am just responding to the following partial statement that you made...

i am assuming that there would be a small market in the
u.s. for diesel but a large one for jet fuel


Have you taken a look around you the amount of trucks that travel todays highway delivering goods? The average semi of today gets 6.5 MPG {with the latest ones getting 8.3mpg} and most drivers {OTR that is} rack up a minimum of 500miles/day.

The majority rack up 100,000 plus a year, which comes to approx. 16,000 gallons/per-truck/per-year, and I'd hate to estimate the number of "rigs" that roll down the road.

I do not understand the "small market in US" on Diesel... ?? <smile>, as there is one heck of a lot of trucks rolling...

Divide into that, the barrels of crude used, less lost in refining, and that's a fairly hard number to grasp.

jim