Posted by Don in Missouri on Wednesday, March 26, 2008 at 11:21:56 :
In Reply to: Re: high diesel prices posted by Todd Wilson on Wednesday, March 26, 2008 at 00:32:41 :
No new oil refineies have been built since 1976. 171 biodiesel production plants have opened in the last 15 years(most in the last 3 years). 50 more are currently under construction.
However, they are only operating at 1/4 capacity, because recent speculation in markets have run up prices for raw materials.
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