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Old 22nd Nov 2017, 12:29
  #21 (permalink)  
chuboy
 
Join Date: Sep 2009
Location: BNE, Australia
Posts: 311
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Binghi never forgoes an opportunity to inject some climate change denialism into any thread no matter how irrelevant.

The price of oil fluctuates depending on the mood of the ruler of Saudi Arabia. Having access to a fuel which can be produced without needing to drill expensive exploration wells all over the world is great if you are in airline business. I can't think of a CEO who wouldn't love to learn that the price of their fuel is now practically fixed or at least has a hard ceiling. Previously hedging was required to manage that uncertainty and many airlines got it spectacularly wrong.

Would be comforting to know in times of high oil price that you can always fire up the biofuel farm.
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