Current fuel prices are cheaper than dirt. Why? Because what is the alternative? There's ain't one. Our whole economy is reliant on petroleum. And don't try to say that alternative fuels are the solution. I challenge you to produce an alternative fuel today without using petroleum.
Now, as for the cost of low-sulfur diesel, did it occur to you that there is a buried cost for high sulfur fuel? The difference is that you don't pay that price at the pump; rather, we ALL pay for the long-term effects of sulfur.
The EPA claims $70 billion/year in benefits from low-sulfur fuel versus $4 billion/year in cost. Assuming those estimates are optimistic, let's say it's $35B in benefits and $8B in cost. That's still a net income to the economy of 17 billion dollars per year.
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Today's Featured Article - Listening to Your Tractor - by Curtis Von Fange. Years ago there was a TV show about a talking car. Unless you are from another planet, physically or otherwise, I don’t think our internal combustion buddies will talk and tell us their problems. But, on the other hand, there is a secret language that our mechanical companions readily do speak. It is an interesting form of communication that involves all the senses of the listener. In this series we are going to investigate and learn the basic rudimentary skills of understanding this lingo.
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