Quote:
Originally Posted by Dragoneye
This is good. But they'd better push real hard, because 100 million gallons aint gonna cut it. We're talking billions...
But one step at a time, and I'm glad GM put their foot in this one.  |
But, 100 million gallons, sold at $4/gal (probably low for 2011) gives what I estimate to be about 100 million dollars profit after production, transportation, and taxes. That will be enough to recoup the investment within a year or two. Then if it can scale up nicely, its an extra few billion in the pockets of GM every year. Not a bad deal economically for them. And oh by the way, its good for the environment. Sounds like everyone wins