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Re: stervc post# 3975

Sunday, 05/11/2008 3:29:28 PM

Sunday, May 11, 2008 3:29:28 PM

Post# of 100433
Why Chevron interest in BLDV…

Some of us have discovered “to believe” that Chevron wants to fund the BLDV operation in Belize. More confirmation needs to be released to make such “official” for us all so at this point, please consider this only food for thought. Still, let’s not ignore that Chevron has approached BLDV to establish a relationship which was confirmed in the posts below:
http://investorshub.advfn.com/boards/read_msg.asp?message_id=29153101
http://investorshub.advfn.com/boards/read_msg.asp?message_id=29153737

Chevron (NYSE: CVX)
http://www.chevron.com/


My questions are…

How much money would Chevron be willing to spend on such an operation in Belize?

And...

Why would Chevron want to fund the Belize operation for BLDV?

Then I remembered that Chevron is a multibillion dollar company. Here’s what Chevron made this past fourth quarter:
http://www.bloggingstocks.com/2008/02/03/ad-revenue-hurts-gannett-oil-prices-lift-chevron/

** Earnings of $4.88 billion, or $2.32 per share.
** Revenue also rose 29% to $61.41 billion.
** For the full year, Chevron posted a record profit of $18.69 billion, or $8.77 per share.


So now I see that money really isn’t as much of an issue with Chevron as I think “reason” is more important and is the issue at hand. To add…

http://www.chevron.com/news/press/Release/?id=2007-05-29b
Chevron is investing across the energy spectrum to develop energy sources for future generations by expanding the capabilities of today's alternative and renewable energy technologies. Between 2002 and 2006, Chevron spent roughly $2 billion on renewables and alternative energy and energy efficiency initiatives. Between 2007 and 2009, Chevron expects to spend more than $2.5 billion.

So now I ask… Why would Chevron want to fund the Belize operation for BLDV?

From what was confirmed in the links above, Chevron and BLDV established a relationship from having a mutual partner in the biodiesel research facilities at Texas A&M. Bottom line, for Chevron to have gone to BLDV to establish a relationship with them, Chevron must have discovered some things that would be greatly beneficial to them generating Revenues. Believe me, Chevron thinks big picture and they would not have gone to BLDV just because they were nice guys. Something big exists here with BLDV and Chevron sees it.

Chevron, like BLDV, sees the potential to defeat the Economic factors that hinder your normal US biodiesel facilities by maybe even becoming the hub for supplying them. Chevron, like BLDV, knows that Belize has the largest water supply in the Western Hemisphere so water would not be an issue as it is with many of the US facilities.

Chevron, like BLDV, also knows that the price of feedstock such as corn, soybean, etc. has dramatically increased in the US due to the huge increase in demand and lack of supply for only having one growing season basically per year. Chevron knows that Belize has 4 growing seasons and that BLDV has thousands of acres to where growing feedstock all year round would meet the demand for the supply required to support their operations. Chevron knows too that BLDV has all of the political relationships for Belize already achieved and is already well rooted and has been for years.

Chevron wants to be the first company to have biodiesel coming out of the pumps in the US and abroad while cornering the biodiesel market. Chevron knows that they are light years ahead of some while other major companies are trying to tap in on this market too as the likes of BP with what they have going on in Brazil as you can read below for those details:
http://investorshub.advfn.com/boards/read_msg.asp?message_id=29031973

Chevron sees that what they can do by injecting them selves into the Belize operation would be life changing to save an economy. The production facilities would generate thousands of jobs for the people of Belize which would make the Belize government gain very favorable credibility from its people. These jobs would be very secured jobs as we all know the many uses of fuel and the wealth that comes from such.

From talking to the BLDV CEO in May 08, I am very confident that new relations have been established with the new Prime Minister of Belize, Dean Barrow, who was officially elected on 8 Feb 08. He educated me very well as to how they had the full support of the Belize government as he explained to me why they chose Belize as I mentioned above. Here below it states that the new Belize Prime Minister already met with President Bush. They addressed the issues relating to biofuel and how it affected the market by increasing the price for food by 34% for the year 2007. It was also mentioned that the US would be getting involved to provide more support as President Bush mentioned that the Caribbean region is important to the United States:
http://www.bbc.co.uk/caribbean/news/story/2008/03/080321_newsinbrief.shtml

v/r
Sterling