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""Forget Politics, Think Economics"

Forget global warming, forget melting ice, forget rising seas, and forget smog-blanketed cities.


Source:
Energy Information Administration /U.S. Imports by Country of Origin/Release Date June 29, 2009
http://tonto.eia.doe.gov/dnav/pet/pet_move_impcus_a2_nus_ep00_im0_mbbl_a.htm

Energy Information Administration/Petroleum Marketing Monthly Crude Oil Prices, dollars per barrel, December 2009
http://www.eia.doe.gov/pub/oil_gas/...eum_marketing_monthly/current/pdf/pmmtab1.pdf

Note:
Analysis based on $60 USD per gallon (First Purchase Domestic Price average for May through August, 2009).

THAT IS WHY WE NEED TO MOVE TO E85.
 
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James48843 said:
""Forget Politics, Think Economics"

Forget global warming, forget melting ice, forget rising seas, and forget smog-blanketed cities.

But don't forget that the USA spends about $1 million per minute on foreign oil, $64 million per hour and more than $52 billion a year for Persian Gulf imports alone to feed its addiction for foreign oil.


THAT IS WHY WE NEED TO MOVE TO E85.
Click to expand...

When you say WE, and you sure as hell said it a lot..You can't possibly be referring to us the common consumer...What do WE have to do with where the oil comes from? We have been saying all along, screw those OPEC countries and Drill and produce OIL here at home, But Nooooooooooooo, the liberal left treehuggers rather WE pay to OPEC and not deal with an infrequent oil spill or sight of oil rigs off their Malibu beach..So WE will continue to pay into a bottomless pit into the Middle East..WE are handcuffed to whatever the BIG OIL Companies give US and to the whining whims of the Left...Let's keep it real!
 
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"THAT IS WHY WE NEED TO MOVE TO E85"
Does anyone realize how much CORN it would to replace all that Gas? Oh I forgot cars won't run on straight Corn liquor, YET might be never?:worried:
 
Hey, don't get me wrong..I'm all for alternative fuels..just don't raise the price of my Corn Flakes for the sake of a few gallons of Ethanoil.;)
 
James48843 said:
""Forget Politics, Think Economics"

Forget global warming, forget melting ice, forget rising seas, and forget smog-blanketed cities.

But don't forget that the USA spends about $1 million per minute on foreign oil, $64 million per hour and more than $52 billion a year for Persian Gulf imports alone to feed its addiction for foreign oil.


THAT IS WHY WE NEED TO MOVE TO E85.
Click to expand...

Did you get your E85 related business up and running?
 
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CountryBoy said:
Did you get your E85 related business up and running?
Click to expand...


No.

I got all the permits, and had my first customer all lined up. The profit margin picture was perfect. I had everything lined up, including the $30,000 of working capital I needed to do the startup. That was August of 2008.

On a Thursday (Sept 6) I signed papers to buy a delivery truck for 15K. On Friday afternoon September 7, 2008, a few minutes after the close, I placed a sell order for 29K worth of stock that I would need to have to finance everything for the business startup, and had taken a couple of days of leave off the following week so that I could go bring back the truck. I was supposed to go Monday morning and cash out the stock, and then fly to another state to pick up the truck, and drive it back, to begin operations. I had projected the need for between 30K and 40K as essential for the working capital of the business startup, I had 30K of it, and had talked to a couple other people who were going to kick in the other 10K or so for a small part ownership in the company. I had verbal commitments, but not the cash in hand yet from them.

The stock I had that I was going to sell for my 30K- was 30k invested in shares of Freddie Mac. (FRE). The friday was September 7, 2008. The sell order was to be executed on Monday morning. Freddie Mac became insolvent that night, and my 30K of seed money to start up the company was wiped out overnight.

So I had nothing to start the company with. Not a dime. My choice was to either find 30K of startup money elsewhere, or put everything on hold, including losing the deposit on the delivery tanker.

I was unable to located venture capital money anywhere over the course of the next couple weeks. Then in the rest of September and into October, well, you remember what happened to the stock market and the credit freeze. No cash anywhere for a small veteran owned start up company for seed money. No where.

So I put everything on hold.

I still have the business plan, if you know anyone with about 40K lying around. :D
 
nnuut said:
"THAT IS WHY WE NEED TO MOVE TO E85"
Does anyone realize how much CORN it would to replace all that Gas? Oh I forgot cars won't run on straight Corn liquor, YET might be never?:worried:
Click to expand...

There are already over 7 million flex-fuel cars that have the ability to run on E85 today, if it were available in their own communities, and if the drivers wanted to buy E85 instead of gasoline.

By 2012, GM have stated 50% of their cars and trucks will be flex-fuel capable.

We don't have to change EVERY ONE. We simply have to grow the flex-fuel fleet to displace foreign imports.

Your $3 box of corn flakes- you know how much the corn is in there? The corn actually costs about 3 cents out of that $3 box.

Today, we make about 11 billion gallons of ethanol a year, most of it from corn. The EPA is requiring ethanol producers now to cap corn sourced ethanol production at 15 billion gallons, and then the next generation of ethanol is required to kick in the next 15 billion gallons a year. That will be produced from sources other than corn. It will be from cellulose from wood, sugar cane, pine needles, or other natural sources.

Some cars will run on E85.

Some cars will run on electricity.

Some cars will run on natural gas.

Some cars will run on other technologies we haven't advanced to the commercial viability stage yet.

But the days of imported oil for gasoline are numbered. The only question becomes what do we replace it with, and how fast to we convert to something else.

E85 will play a significant role in the future, because we can do it with the technology NOW. It's cost competitive NOW. It's being distributed nation wide NOW. We just need more people to understand the cost of foreign oil imports to our economy, and to start thinking about how we are going to move in another direction.

Big oil gets huge subsidies from the government- your $2.50 imported oil gasoline really costs a lot more than that, when you factor in the costs to keep the supply lines open.
 
Great information Jim;)..tell you the truth, I don't even like Corn Flakes:D...Oatmeal and Fiber One is my morning fuel.
 
James48843 said:
No.

I got all the permits, and had my first customer all lined up. The profit margin picture was perfect. I had everything lined up, including the $30,000 of working capital I needed to do the startup. That was August of 2008.

On a Thursday (Sept 6) I signed papers to buy a delivery truck for 15K. On Friday afternoon September 7, 2008, a few minutes after the close, I placed a sell order for 29K worth of stock that I would need to have to finance everything for the business startup, and had taken a couple of days of leave off the following week so that I could go bring back the truck. I was supposed to go Monday morning and cash out the stock, and then fly to another state to pick up the truck, and drive it back, to begin operations. I had projected the need for between 30K and 40K as essential for the working capital of the business startup, I had 30K of it, and had talked to a couple other people who were going to kick in the other 10K or so for a small part ownership in the company. I had verbal commitments, but not the cash in hand yet from them.

The stock I had that I was going to sell for my 30K- was 30k invested in shares of Freddie Mac. (FRE). The friday was September 7, 2008. The sell order was to be executed on Monday morning. Freddie Mac became insolvent that night, and my 30K of seed money to start up the company was wiped out overnight.

So I had nothing to start the company with. Not a dime. My choice was to either find 30K of startup money elsewhere, or put everything on hold, including losing the deposit on the delivery tanker.

I was unable to located venture capital money anywhere over the course of the next couple weeks. Then in the rest of September and into October, well, you remember what happened to the stock market and the credit freeze. No cash anywhere for a small veteran owned start up company for seed money. No where.

So I put everything on hold.

I still have the business plan, if you know anyone with about 40K lying around. :D
Click to expand...
Damn Son, that's a dirty rotten shame..I'm sorry for you buddy..hope you can make it happen sooner rather than later..good luck my friend.
 
James48843 said:
No.

I got all the permits, and had my first customer all lined up. The profit margin picture was perfect. I had everything lined up, including the $30,000 of working capital I needed to do the startup. That was August of 2008.

On a Thursday (Sept 6) I signed papers to buy a delivery truck for 15K. On Friday afternoon September 7, 2008, a few minutes after the close, I placed a sell order for 29K worth of stock that I would need to have to finance everything for the business startup, and had taken a couple of days of leave off the following week so that I could go bring back the truck. I was supposed to go Monday morning and cash out the stock, and then fly to another state to pick up the truck, and drive it back, to begin operations. I had projected the need for between 30K and 40K as essential for the working capital of the business startup, I had 30K of it, and had talked to a couple other people who were going to kick in the other 10K or so for a small part ownership in the company. I had verbal commitments, but not the cash in hand yet from them.

The stock I had that I was going to sell for my 30K- was 30k invested in shares of Freddie Mac. (FRE). The friday was September 7, 2008. The sell order was to be executed on Monday morning. Freddie Mac became insolvent that night, and my 30K of seed money to start up the company was wiped out overnight.

So I had nothing to start the company with. Not a dime. My choice was to either find 30K of startup money elsewhere, or put everything on hold, including losing the deposit on the delivery tanker.

I was unable to located venture capital money anywhere over the course of the next couple weeks. Then in the rest of September and into October, well, you remember what happened to the stock market and the credit freeze. No cash anywhere for a small veteran owned start up company for seed money. No where.

So I put everything on hold.

I still have the business plan, if you know anyone with about 40K lying around. :D
Click to expand...

Well good luck, hopefully things will pick up for all of us next year. :D It was a good plan and everything was lined up. If things do turn around it sounds like you're ready to rock and roll. (fingers crossed for ya)
 
Looks like just bad timing James, you got caught up in the ruckus. I hope you have another chance when things get better, I know you won't QUIT.
Best of luck
 
12/07/2009 - Updated 10:37 AM ET
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Oil touches 2-month low as dollar strength weighs
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By Moming Zhou, MarketWatch

NEW YORK (MarketWatch) -- Crude futures fell Monday, briefly hitting their lowest level in nearly two months, as the dollar strengthened on concerns that the U.S. may tighten interest rates, pressuring dollar-denominated commodities prices.
Ideas that the Federal Reserve could hike interest rates next year sent the U.S. currency higher ahead of a speech from the Fed's chairman. Other commodities such as gold also declined.
http://markets.usatoday.com/custom/usatoday-com/html-story.asp?markets=COMMODITIES&guid=%7B496FC256%2D07FC%2D4579%2DBF54%2D38C644BB146B%7D
 
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12/07/2009 - Updated 2:14 PM ET
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Oil falls for 4th day; natural gas surges 8% on cold weather
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By Moming Zhou, MarketWatch

NEW YORK (MarketWatch) - Crude oil futures fell Monday for a fourth straight session after Federal Reserve Chairman Ben Bernanke said the U.S. economy is still very fragile and inflation will remain subdued, but pared those losses as the U.S. dollar reversed lower.
Natural gas surged more than 8% on cold weather in the U.S. Northeast and Midwest.
http://markets.usatoday.com/custom/...S&guid={496FC256-07FC-4579-BF54-38C644BB146B}
 
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nnuut said:
12/07/2009 - Updated 2:14 PM ET
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Oil falls for 4th day; natural gas surges 8% on cold weather
1.gif
By Moming Zhou, MarketWatch

NEW YORK (MarketWatch) - Crude oil futures fell Monday for a fourth straight session after Federal Reserve Chairman Ben Bernanke said the U.S. economy is still very fragile and inflation will remain subdued, but pared those losses as the U.S. dollar reversed lower.
Natural gas surged more than 8% on cold weather in the U.S. Northeast and Midwest.
http://markets.usatoday.com/custom/...S&guid={496FC256-07FC-4579-BF54-38C644BB146B}
Click to expand...


Blame natural gas price jump on the weather???

Not a chance.

Heating oil today is actually down a penny. If cold weather in New England is the cause of natural gas price jumps- then home heating oil would have also done the same- New England gets more home heating from fuel oil than other parts of the country.....
 
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James48843 said:
Blame natural gas price jump on the weather???

Not a chance.

Heating oil today is actually down a penny. If cold weather in New England is the cause of natural gas price jumps- then home heating oil would have also done the same- New England gets more home heating from fuel oil than other parts of the country.....
Click to expand...
That is common sense, and I agree. Don't you know that sometimes these things just don't make sense, just the nature of the beast I'm afraid. Futures are funny that way.:suspicious:
 
It's for the colder weather in the SE (including Virginia), along the natural gas line from New Orleans. They figured out that its the perfect time to nab us, after all the recent falling prices.
 
Silverbird said:
It's for the colder weather in the SE (including Virginia), along the natural gas line from New Orleans. They figured out that its the perfect time to nab us, after all the recent falling prices.
Click to expand...
AH HA!!! See there is so much we aren't told!! :cool:
 
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