Bob's Links and Rants

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Monday, September 05, 2005

No more green premium!

I went to Wacker Oil in Manchester yesterday to fill up my VW with B99 biodiesel. The price was $2.79 a gallon--the cheapest fuel they had there! (I think ordinary diesel was $2.81, regular gasoline was $3.09.) The guy at Wacker said they expected the price of biodiesel to go down, because the Detroit facility making biodiesel from waste vegetable oil is supposed to be in operation soon. See my report on the biodiesel bus tour for more about the Detroit biodiesel plant.

Last year, I paid a "green premium" of about $1 a gallon for using biodiesel. Now, with rising oil prices and a modest tax incentive for biodiesel blenders, I actually get a "green discount!"