Steve Pierce
BENEFACTOR
Graham, TX
I read that article Frank. Also there are transportation costs. Can't put ethanol in a pipeline. How do they get 190 hp out of a fuel with less btu's?
I haven't seen the 4th quarter results from the good plant yet but have been told I'll report taxable income of 200% this fiscal year that ended last Sept. 30. I won't see much of that since the plant expanded to 92 million gals a year from 52 mil this summer/fall and proceeds will go to pay down debt. I'll get about 1/3 to pay income taxes. Last year was 200% also and I received 65% of what I reported as income. The other coal fired plant had to redesign the boiler last Jan. because of problems so will only report 25 or 30% return this year. It's amazing how different the two plants located about 90 miles apart did. I did recirculate some of the money by installing a $5500 Trane high efficiency natural gas/heatpump furnace last week. I'll probably buy some airplane stuff also.180Marty, I'm interested in what kind of dividend checks are you getting at this point in time?
It's called higher compression ratio---- the tighter the air/fuel is packed-the bigger the boom.How do they get 190 hp out of a fuel with less btu's?
Steve Pierce said:I read that article Frank. Also there are transportation costs. Can't put ethanol in a pipeline. How do they get 190 hp out of a fuel with less btu's?
cabinflyer said:As many point out it's a free market system here. I would much rather pay money to a farmer from Iowa than a Saudi prince. To me that's national security.
cabinflyer said:And asking someone what their dividends are?? What's up with that??
cabinflyer said:There's a world squeeze for every drop of petroleum.
180Marty said:Joe Norris has probably seen one of these new pumps.