To me, your answer is really more of a non-answer. So, I don't feel I've come to a better understanding at all of why I am paying $4.89 a gallon after reading your post. To simply attribute your prices to increases in transportation costs of your suppliers is skirting the question. If so, this same phenomenon would be effecting all realms of commerce, and we would be seeing an equal rise in the costs of all goods (I'm not suggesting that it is not effecting all realms of commerce, just that we are not seeing comparatively similar rises in prices of other goods). Yes, all of the companies you deal with don't necessarily use homemade biofuels, and thus are paying more for transportation of goods in correlation with the rising fuel costs in general, but I fail to believe that this is the entire answer and that higher petroleum fuel prices directly translate to higher biofuel prices. ![]() Your post does little to specifically address the question here of why the price of your biofuels are rapidly rising, now approaching $5 per gallon. We all know why petroleum fuel costs are rising. At the same time, that wasn't really the question. Thanks for your more detailed explanation of why fuel prices in general are increasing and how this is effecting the global economy. SeQuential is committed to finding ways to avoid competing with food crops, such as using Used Cooking Oil or Canola and Camelina grown regionally in rotation with grass seed and other crops. Given the relative small size of the biofuel industry, these other macroeconomic factors have a much larger influence. The effect of petroleum prices, currency imbalances, worldwide crop failures and growing demand of developing nations for meat (which requires large amounts of corn and other grains) has been largely overlooked.
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