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This is one of reasons biodiesel wont go away..
"One of the main drivers for adoption of biodiesel is energy security. This means that a nation's dependence on oil is reduced, and substituted with use of locally available sources, such as coal, gas, or renewable sources. Thus a country can benefit from adoption of biofuels, without a reduction in greenhouse gas emissions. While the total energy balance is debated, it is clear that the dependence on oil is reduced. One example is the energy used to manufacture fertilizers, which could come from a variety of sources other than petroleum. The US National Renewable Energy Laboratory (NREL) states that energy security is the number one driving force behind the US biofuels programme,[66] and a White House "Energy Security for the 21st Century" paper makes it clear that energy security is a major reason for promoting biodiesel.[67] The EU commission president, Jose Manuel Barroso, speaking at a recent EU biofuels conference, stressed that properly managed biofuels have the potential to reinforce the EU's security of supply through diversification of energy sources.[68]"
http://en.wikipedia.org/wiki/Biodiesel
He was just a consultant on those companies and probably learned from being there..
prior to the recession biofuel demand was almost doubling every year...
We cant really call a .001 drop a day "price falling," the price is just bouncing in area b/w .017 and .028. I think these guys know what they're doing we just have to wait and see whats happening in next PRs.
Dont invest in zeng everything of course.
$1 dont sound too bad
Ok so both you guys are saying that Zeng has no clue in what it is doing, management is going to kill the company, and the progress made by zeng on newswire is bs? Yes the industry is affected by recession, but i think management is taking advantage of the low prices and bankrupt companies to put zeng in play.. they picked good time to make deals because at this moment they can get discounts and deals, and there's no way biofuel industry is head out of biz. just as of it being a good alternative.
What are you saying? Because zeng is little and Greeenlight WAS loosing money during recession zeng will fail?
Greenlight light WAS loosing money (in recession), zeng WILL loose money (after recession is over and industry is recovering)... that makes alota sense Earnest..
my bad, they're only starting out with biodiesel so far. So your saying Luiten is an idiot to get into biodiesel industry right now?
ok that board only talks about biodiesel.. zeng is an bio FUEL company, which means it doesnt produce only biodiesel
Biodiesel WAS in decline.. last info mentioned that that me was dated march 2009 (recession prime).. Got anything that says its declining now??
I've noticed that zeng reacts to market, tday was a huge sell off in general all over
not true..
few weeks old but good ad:
http://ragingbull.quote.com/mboard/boards.cgi?board=ZENG&read=31
This was due to the dow 250 pts drop, zeng is one of those that reacts with market. .027++ monday!!
Another PR coming tday? Stock is being diluted
yea looks like good bottom call here
good stock to buy?
You rent a warehouse for that
whats nice is that this news states that the company is starting to generate profits :D
Yes, but oil engines still need be diluted.. We cant just switch oil to electric within finger snap
Obviously the company is progressing..
certain ratios
it seemed to be just dropping with the market in general, probably will bounce back next few days
There are more holders than there was at .015 so unless they all sell...
Sometimes money doesnt fall out of the sky...
60 min chart looks good.., we may see it a bit lower tmrw lets hope they give us some news fri or mond.
how do you know that
Many didnt expect to see .019 tday
we saw .019 surprisingly
next while may be tight before we see some PRs, hang on ppl
It just means the company shares are bashed..
They help, but you cant say they're 100% especially in pennies. Clay has his bad/good days just like any other analyst. We'll see what this week brings before we can decide if this isnt going anywhere..
Lets just say there wasnt anything too dramatic tday.. it held .02 pretty well. Charts are not 100% accurate
.02 possible.. below I dont see it
tmrw more likely
That article is 2008, and as oil prices went down biodiesel went down with it
So far all I see is an argument going on if biodiesel is economical or not, and shadows of recession that hit the industry. Biodiesel production will continue as it is a major alternate fuel source. Countries that dont have oil need it so they dont have to depend on oil as much, its a sensitive industry and it had its toll during recession and should recover..
Yes they're right about the falling production, but i think it came with recession.
“We are at risk of losing the only domestically produced homegrown fuel for diesel engines. In fact,
biodiesel is the only commercially available advanced biofuel, as defined by the federal government,
which is currently derived from any fat or plant oil. It is the most diverse fuel on the planet. At last
count, 176 plants in the U.S. enabled production of almost 2 billion gallons of homegrown,
renewable fuel per year, but many plants sit idle, and at least 20 have gone out of business. This costs
jobs and increases America’s dependence on foreign oil at a time when President Obama is calling
for economic investment in American renewable energy. Our industry stands ready and waiting to
answer that call."
There's a good reason to save the industry.
Yes what it should also say is that everything has dropped in march 2009..