Interesting things are happening now.
For one thing, gasoline and heating expenses are increasing at an alarming rate. That costs more for everything and its a usage expense with many areas of the world needing fuel to stay warm.
As a society we have built larger houses, often not realizing any extra efficiencies when you consider better insulation, more efficient furnaces and windows etc. Bigger house but we burn more fuel to satisfy that luxury. Bigger cars, the SUV's all now with pain on their faces when they are driving on the highway to work. LOL
With demand greater then supply of oil, its pushing prices up. The whole bio fuel market helped to slow oils rise for a while, but even then the crunch for food stocks vs. bio fuel is not beginning to play.
Do we eat or drive?
BLDV was smart to focus on grabbing land in good growing areas and to focus on research into secondary fuels using what switchgrass or other, rather then using corn and the like.
I think that this penny play could really have some good cards under its sleeve. With homeowners credit scores in "never never land" they cant just get a loan again, so rent will continue to soar for now while banks hoards all the empty husk houses.
Fact is heating them will only get tougher as we move forward, what with rising energy costs. So take a bigger house and rent the downstairs out and split the heating bill. Take a big house, put a wall in between the front and back and make 2 suites, adding a kitchen. Turn that cheap house into a revenue generator while the market recovered from the housing bubble.
As for BLDV its perfectly set to launch into higher valuations if it has a better loop for making bio-fuels. I think our team is well suited. I mean who else has goats, fish and organic farming? These guys are right in there with the plan to grow food and fuel at the same time! Thats what the world needs right now, a fuel and food source that replenishes itself 1 or more times a year.
Mexico's major oil well went into significant decline last year and will do so every year from now. The US needs a reliable supply and with Chavez and Iran hostile, with Russia turning off the taps in winter, any secondary supply or solution will be worth GOLD. Remember you cant even eat gold or put it in the tank, but you can grow food with fuel.
So with Chevron working with Texas A&M, what do you think is your best bet?
