Wednesday, August 18, 2010

Rawnoc challenges naysayer's comment that JBI won't be able to sell its P2O fuel


Better start drafting that retraction then. The DEC seems to think that the soup JBII is making is good shit.

What you really don't understand and never understood is that even if the delusional fantasy was true that selling soybean oil biofuel at a profit was difficult so JBII may have trouble selling petroleum diesel, even if that silly notion was true, there's seemingly endless uses for fuel in all sorts of areas if you really wanted to believe that the fuel was of low quality. Your notion that domestically produced fuel would have no use is just plain old silly. There's not a substance on this planet that doesn't have high use if it can be lit on fire and not pollute the air. I bought a box of wood this weekend for what must have been the equivalent of $70/barrel and that's gotta be one of the worst qualities of fuel there is lol. But somehow I'm able to find a use for it. :)

There is absolutely, positively, zero challenge whatsoever for JBII to sell their fuel.
It's only a question of just how much they'll fetch for it. I say $10 to $60 above crude. You say $0. I say that's silly thought. $10 below crude? I guess if it's the worst quality. But $0? Pure insanity.

"By acquiring the bulk fuel blending site, JBI is not dependent on 3 rd party fuel refining, processing, testing, sales, and distribution. The site will service local JBI processors and enables the Company to maximize the sale price of the output by selling further down the value chain. The output from the process can still be sold to refineries at market rates. "

Raw

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