Bio Willie & Earth BioFuels (ebof.ob) b100 deisel

I reported on Bio Willie in one of my first ever posts a year ago.

Recently Julia Roberts joined Earth Biofuels Company board. They are publically traded (EBOF.OB). Morgan Freeman is also on their board so this company is actracting quite a bit of star power. Although the company is not profitable, they are on an exploding business with more promise than ethanol. "Flex fuel" means they can just use ethanol or variations of. However any diesel motor can run on straight vegatable oil or treated vegatable oil. Fortunatley the process to create Biodeisel is not difficult or energy intensive. BioDiesel can come from restaurant waste oil soy bean or corn oil.

The BioWillie site has a lot of background on Bio Diesel.

Biodeisel Site

Earth Biodiesel is or was
owned by Apollo Resources
http://www.apolloresources.com/
aoor.ob
http://finance.yahoo.com/q?s=epg
http://www.wnbiodiesel.com/

http://biodiesel.rain-barrel.net/earth-biofuels/

World News

The most important world news is not that Ben Bourgeois and Rob Machado surfed in the Reef (VF Corp, VFC $64)contest in Writesville Beach this weekend. (See the wblivesurf link to the right) Vf Corp has grown net income 30% over three years, and although it slowed last year they paid off debt.

World News is getting intense again. I wish I could understand what is going on in the Mid East, but I have a feeling people there do not a have firm understanding of all the complex forces and strategies. Some of these strategies are geopolitical and not religous or a safety concern. I wish aI could also understand the $30 excess in the price per barrell of oil. Is it all geopolitical concers? How much could supply be dissrupted to cause this excess. Demand has decreased (thank y'all) and supplies are up, even in the US gov stock pile.

Anyway....

Canadian Oil Sands

Oils Sands are going to become big, even though refinery production isn't feasible yet. Please do not support ethanol as the alternative energy of choice.

Some Oil Sands Companies include:
*** My Personal Favorite ***

Canadian Oil Sands Trust (COS-UN.TO)
Suncor Energy (SU)

Kinder Morgan's (KMI)
Deer Creek (DCE.TO)
Suncor Energy (SU)
Canadian Natural Resources (CNQ)
Husky Energy, (HSE.TO)
Petro-Canada (PCZ)
EnCana (ECA)
Northgate Minerals nxg


Nuclear Power to make Hydrogen ( See Air Products {APD}) is much less environmentally damaging than oil or ethanol.
Camping With My Romanian Freinds: New River In Boone this June



OK

Big VeraSUN (VSE) & Aventine Summer Fuels IPOs

Say no to ethanol. Ethanol will ruin our crop land, and the farmer will not benifit as much as the fertilizer industry. VeraSun and Aventine (Avr) are the latest IPOs in the ethanol industry and are very similar businesses. They are chemicals companies that make ethanol and feed stock.

Aventine is the more profitable of the two and has been around years longer. Their revenue is just over $1 billion, with revenue at $30 per share-- positive. EPS is $1 so there must be significant costs in operating the business. Just to compare businesses, the top owners make around $200k/ year and there is less debt with a better cash flow per share. So I beleive it is run better than VeraSUn ( Opinion)

Verasun opened at $29, it dropped to $26 and Aventine dropped from $42 to $39. VeraSun has a 2 billion dollar market cap and has only $300 million in revenues....The IPO has served the company weel, but how is going to expand and use all that new cash? The top three employees make over $500k a year. It is expected to grow 62% per and although eps is $.03 it is profitable which is better than many other investments. They also have very little debt ($200 millin).

I would advise buying BP stock any since they supply petroleum for tractors fertilizers, and the natural gas used to turn grain into ethanol.

Ethanol is not environmentally freindly.
I would rather build nuclear plants than have our food plants diverted to cars. The current push to expand the ethanol market is to get the Mid West corridor to sell E85 and in fortmation about ethanol projects are avilable at both companies' web sites.


Let's think about this alternative energy thing and not let ADM and Cargill fight or conspire to decide our future.