A couple of years ago, a factory process that will convert trash to a medium-high grade of oil came on the scene. No, it's not a perpetual motion gig--it works. Buffet's son was one of the initial backers. The problem was, as I recall, that they didn't have enough trash to feed the factory in the location they built the factory, and also, the price of oil was still less than the conversion price for a profit.
That was before the past year or so. I wonder if they've continued with the idea? I'd buy stock in it...I'd go to work for them. There will always be trash, you see...and oil is getting pricier every day.
no subject
A couple of years ago, a factory process that will convert trash to a medium-high grade of oil came on the scene. No, it's not a perpetual motion gig--it works. Buffet's son was one of the initial backers. The problem was, as I recall, that they didn't have enough trash to feed the factory in the location they built the factory, and also, the price of oil was still less than the conversion price for a profit.
That was before the past year or so. I wonder if they've continued with the idea? I'd buy stock in it...I'd go to work for them. There will always be trash, you see...and oil is getting pricier every day.