Diesel_Bomber
Flashlight Enthusiast
- Joined
- Feb 19, 2006
- Messages
- 1,772
Biodiesel just went up to $4.99/gal. I'm not surprised, I've expected such a price increase for a long time. The price will go much higher, as will the price of dino diesel.
(Mini rant ahead, not necessarily properly informed and in no particular order.)
It burns me that something made in our country costs so much yet it's "cheaper" to give billions to other countries and ship oil from thousands of miles away. I can buy new vegetable oil retail for ~$3.50/gal and build my own biodiesel processor for ~$1,500. (I haven't looked into collecting "free" waste oil as my time is far too valuable to make that worth even considering.) After paying for methanol, lye, and power, my cost would be roughly $4/gal for home made biodiesel. With the amount of fuel I use for business and personal transportation, the processor would pay for itself in less than 2 months. As fuel gets more expensive this payback period will only get smaller. I can also almost certainly get cheaper oil by buying wholesale and buying thousands of gallons at a time, again making the payback period smaller and eventual profits larger. Extremely tempting. Alas, the time required to set up each batch of fuel still makes it cheaper to keep forking out $$$ for premade fuel. I may build the processor anyway, cost be damned.
:buddies:
(Mini rant ahead, not necessarily properly informed and in no particular order.)
It burns me that something made in our country costs so much yet it's "cheaper" to give billions to other countries and ship oil from thousands of miles away. I can buy new vegetable oil retail for ~$3.50/gal and build my own biodiesel processor for ~$1,500. (I haven't looked into collecting "free" waste oil as my time is far too valuable to make that worth even considering.) After paying for methanol, lye, and power, my cost would be roughly $4/gal for home made biodiesel. With the amount of fuel I use for business and personal transportation, the processor would pay for itself in less than 2 months. As fuel gets more expensive this payback period will only get smaller. I can also almost certainly get cheaper oil by buying wholesale and buying thousands of gallons at a time, again making the payback period smaller and eventual profits larger. Extremely tempting. Alas, the time required to set up each batch of fuel still makes it cheaper to keep forking out $$$ for premade fuel. I may build the processor anyway, cost be damned.
:buddies: