On Mar 22, 2:07=A0pm, "calderh...@[EMAIL PROTECTED]
" <calderh...@[EMAIL PROTECTED]
>
wrote:
> Without Federal tax breaks, biodiesel from soybeans would cost $5.58
> per gallon at the pump! =A0Now how in hell is that giving the USA
> "energy independence"???
>
> SEE NEWS
STORY:http://www.ajc.com/business/content/business/stories/2008/0=
3/20/biodi...
>
> "Globalization of the American biodiesel industry, though, wouldn't be
> possible without lucrative assistance -- a $1-per-gallon tax break --
> from Washington. =A0Alterra and other biodiesel producers receive the
> excise tax credit for each gallon of alternative fuel that is mixed
> with regular diesel."
>
> "It takes 7.7 pounds of soy oil -- or $4.34 -- to produce a gallon of
> biodiesel, according to the Food and Agricultural Policy Research
> Institute. Add overhead and other processing costs (about 70 cents per
> gallon), federal and state taxes (54 cents) and subtract the dollar
> tax credit and a gallon of biodiesel could sell for $4.58 at the
> pump." - So add back the $1.00 in tax credit and you have $5.58!!!
>
> Biofuels are a scam, the Koreans know it, and it is time the American
> people woke up about this disaster.
>
> SEE NEW STORY:
=A0http://english.chosun.com/w21data/html/news/200803/20080=
3210011.html
>
> The Great Biodiesel Swindle - "Most Koreans are now aware that the
> prices of black bean-sauce noodles and instant noodles have risen
> because Americans are using corn ethanol to fuel their automobiles.
> As a consequence of feeding human foodstuff to motor vehicles, 800
> million hungry people in the world grow hungrier."
Well, put that's because the idiot Koreans obviously didn't notice
that we're using
Ethanal extract to make Sattelites, Robots, Cruise Missiles,
A.I. Laser Disks, and RPGs to keep their moron asses from getting
run over
by the Chinese in gasoline-powered Buicks.
>
> For more shocking biofuel news, see
-http://home.att.net/~meditation/biofu=
el-news.html
>
> For all the biofuel disaster facts, see
-http://home.att.net/~meditation/b=
io-fuel-hoax.html
>
> Christopher Calder
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