Fuel rules soak soap makers


	Fuel rules soak soap makers

dorine

7-12-2007 10:58 AM

647 views

tags:

corn, soap, beef tallow, oil, alternative fuels, subsidies, prices

dorine says:

It's always something, isn't it?

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color:#e5e5e5;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/7c91057c-30e7-4389-acb9-b8695bf2a5ba/3536AE9A-C856-45A8-816A-DD5EBE100078/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.moneyweb.co.za/mw/view/mw/en/page94?oid=145823&sn=Detail" href="http://www.moneyweb.co.za/mw/view/mw/en/page94?oid=145823&sn=Detail" style="font-size: 11px;">www.moneyweb.co.za</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.moneyweb.co.za/mw/view/mw/en/page94?oid=145823&sn=Detail">Alternative-energy subsidies pinch supply of a key ingredient.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.moneyweb.co.za/mw/view/mw/en/page94?oid=145823&sn=Detail">Government efforts to reduce U.S. reliance on imported oil are forcing up prices for another indispensable commodity: soap.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.moneyweb.co.za/mw/view/mw/en/page94?oid=145823&sn=Detail">Soap and detergent makers say they are being hurt by a double whammy of federal subsidies and mandates that has reduced the supply and pushed up the costs of a key ingredient, beef tallow. The steeply rising price of corn, driven by a federal requirement to use more ethanol, has pushed up corn prices, making animal feed more expensive and prompting farmers to blend the less-expensive tallow and other fats into their feed.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.moneyweb.co.za/mw/view/mw/en/page94?oid=145823&sn=Detail">The upshot: In the past year, beef-tallow prices have doubled.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.moneyweb.co.za/mw/view/mw/en/page94?oid=145823&sn=Detail"><DIV>the Internal Revenue Service issued a tax ruling that will expand an existing subsidy for turning animal fat into a diesel additive. The chief beneficiary will be a joint venture by ConocoPhillips, a Houston oil company, and Tyson Foods Inc., a major food producer, that will make a new "renewable" diesel oil later this year.</DIV></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/3536AE9A-C856-45A8-816A-DD5EBE100078/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>