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Old 08-21-2008   #7 (permalink)
already7
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That was a very interesting article.

I am trying to learn some more about this stuff and the pros and cons of it. I would gladly pay the same price for it just to know that most of the money will stay here in the States and help the farmers and build our economy, instead of the Arabs!!!!!!!!!!
As of right now, I don't know jack shit! So I will have to start looking around and getting some more info on it. I still think that bio-diesel is going to be one of the best alternative fuels going. Sure it's high right now, but when they build up the refineries and get more and more stations that sell it, I think that it will be a better source. I am sure that OPEC will slam the price of gas again just to get us to drop out and go back to feeding them,,,,,,,,,,BUT I just wish for 1 time that we would not turn our heads on the future and that we would continue to find our own means of supplying our HABIT!!!


By the way, I have a friend who farms in North East Arkansas, and he said that his fuel bill is expected to be around $250,000 this season, and he doesn't have that big of a farm compared to a lot of the farms up there. He said that fuel costs and size of overall crop are the big factor in pricing. He has already sold every bushel of soy beans that his fields will produce this year. He said that they started out at $5.50 a bushel, he held out and didn't sell his crop. Then they came at him with $7.50, he sold! Well a month later it went up to $9 something a bushel, BUT he was already locked in on $7.50, BUT it also could have went back down instead of up. Damn I didn't know that farming was such a big, and risky business. I thought that all they had to worry with was rain, drought, and flooding.
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