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Universal Energy Corp. Message Board

  • fluebug fluebug Sep 22, 2009 9:49 PM Flag

    Off subject question here

    We all know that nat. gas has gotten hammered by the recession for the time being.

    What does anyone think about biofuel?

    I would say this is related to energy and thought i can get some opn's
    I do own UVSE

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    • The problem I see with bio-fuels is that when the dollar is weak both oil and corn skyrocket. They say oil has to be $80 a bbl for bio-fuel to be a cost effective alternative. Unfortunately these projects were made assuming $3 a bushel corn not the $8 a bushel it was back in 2008. If they ever find a way to convert non exporatable plants such as weeds to bio-fuel it may take off. Until then electric cars and geo-thermal heating/cooling seem to me to be the more likely choices.

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