Five reasons business owners who use diesel should own a share of a biodiesel company

Business owners gain many advantages from the biofuels industry.
Many companies are watching the biofuels industry. It may be  time to quit watching and start participating.

Reason number one; your tax credits can pay for investment.

A president of a trucking company was complaining about the high cost of fuel and how it was affecting his profits. I asked him how much diesel he used each year. 2 million gallons he replied. I showed him that an investment of $2,000,000 would allow him over 2 million gallons of fuel from a biofuel plant that he would own 50% of. The government allows $1 per gallon for  diesel he purchases. He can then sell to his trucking company for a discount or make the extra profit in the fuel company. Under current conditions profits are over 40%.

Number two; all byproducts are marketable

Biodiesel is made from oilseeds ie. Soybeans, Sunflowers, Canola, Flax etc..
After squeezing the oil out of the seeds the resulting meal is an excellent livestock feed.the byprodust of methanol lye and vegetable oil is glycerin which is sold as soap or lotion or according to scientists at Rice University easily make into ethanol. This means that there is virtually no waste in this clean energy solution.

Reason number three; almost all products involved in manufacture are available domestically.

Every business owner knows the value of local dollar multipliers, in an industry supplied by American suppliers we continue to keep profits in this economy. With the concern over global terrorism, many Americans are asking if we are indeed funding our own terrorism.

Four; biofuels are sustainable and will continue to expand as new technologies and products are developed.

Many have falsely asserted that biofuels can replace only a small portion of petroleum fuels. This may prove to be true only if agriculture is stifled by restrictions of a cheap food market artificially implemented by world governments. Ask any full time farmer how much of his land he tills at any time, he will tell of the government allotments and crp programs as well as seasonal habits encouraged by a need to keep commodity prices high. In southeast Texas we are experimenting with Canola which was developed by the Canadian Government and grown mostly in cool climates. We are planting in November which opens  new acreage during off season. Many individuals are harvesting algae which can be grown in shallow tanks over open water. There are currently many such operations in the Atlantic.

Reason number five; your competition will certainly use biodiesel in the future… beat him to the punch.

Minnesota as well as other states have implemented mandates for all diesel sold in state to have a percentage biodiesel. All new diesel trucks manaufactured by  Dodge come from the factory filled with B20 (20% biodiesel).
Kent Batman is President of Hardin Fuels Inc. a Southeast Texas corporation providing fuel and livestock feeds.