Comments on: More Biodiesel Becoming Available http://lifeontheroad.com/2007/07/24/more-biodiesel-becoming-available/203.html Discussion and opinions about the trucking industry Tue, 06 Jan 2009 21:58:16 +0000 http://wordpress.org/?v=2.7 hourly 1 By: Wayne Weisser http://lifeontheroad.com/2007/07/24/more-biodiesel-becoming-available/203.html/comment-page-1/#comment-130 Wayne Weisser Wed, 25 Jul 2007 20:34:41 +0000 http://lifeontheroad.com/2007/07/24/more-biodiesel-becoming-available/203.html#comment-130 That would be work in a perfect world. But with people like the Saudi's and others seeing their money faucet turned off, they can manipulate the oil price to put any other competitor out of business, then jack it back up again. That would be work in a perfect world. But with people like the Saudi’s and others seeing their money faucet turned off, they can manipulate the oil price to put any other competitor out of business, then jack it back up again.

]]> By: Jeff DeWitt http://lifeontheroad.com/2007/07/24/more-biodiesel-becoming-available/203.html/comment-page-1/#comment-128 Jeff DeWitt Tue, 24 Jul 2007 23:52:53 +0000 http://lifeontheroad.com/2007/07/24/more-biodiesel-becoming-available/203.html#comment-128 [quote]The only problem I can see is that when no one is buying oil, the price will drop so much that all of these alternatives will again be more expensive as we are only concerned with what’s the cheapest way to get things done.[/quote] That won’t happen. As the supplies of diesel from alternative sources increases it will put downward pressure on the price of oil until an equilibrium is reached. What would have to happen for oil prices to drop dramatically is either a sudden big jump in supply or a sudden big drop in demand, and neither is likely. [quote]The only problem I can see is that when no one is buying oil, the price will drop so much that all of these alternatives will again be more expensive as we are only concerned with what’s the cheapest way to get things done.[/quote]

That won’t happen. As the supplies of diesel from alternative sources increases it will put downward pressure on the price of oil until an equilibrium is reached.

What would have to happen for oil prices to drop dramatically is either a sudden big jump in supply or a sudden big drop in demand, and neither is likely.

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