Money Trees Revisited

Grace brought our attention to OILY counters once again. So, I decided to dig deeper into the OILY palms! To my surprised, I found something new: 93% of all OILY palms goes to food processing! Biodiesel (a fuel that can be extracted from OILY palm) is INsignificant.

This struck me like lightning. It means that the run up of this OIL palms was due to food demand more than the much hyped alternative fuel demand. Also, from my research, Cheena is only consuming about 21kg per capita compared to HungKees of 44kg or so. I suspect India also quite low still. Meaning that 2 BILLION more people will still need quite a few more million tonnes of OILY palms.

All this talk about alternative fuel is not likely to happen so soon since at current OILY palms prices, biodiesel is a loss making business. Biodiesel is only feasible when OILY palms drop to US$700 (RM 2,200 at 3.15 FX). OR when price of BLACK OIL is much more expensive. This gets me thinking.... will BLACK oil go up to US$200 or more as some Leeches & Sexes (L&S) claims? I don't know when that will happen but I am quite sure that that price will be reached and breached some day, 50 years? 100 years later? I don't know, but I do know that hydrocarbon like BLACK OIL is limited in supply and one day it will be exhausted! BLACK oil is not renewable, unless u can wait for a few million years to use the carbon matters that u bury today... hahahaha.... so wat is the implication for OILY palm then?

Well, I suspect that OILY palm will be use to feed automobiles and humans after the BLACK oil is gone. hehehe... so many more automobiles are place on the roads everyday in Cheena and India. So many more hungry "mouths" to feed these OILY palm to.

Then, the negative news all over the internet, deforestation. Many greenpeace of friends of earth, etc claims that the clearing of rainforest do more harm than the good of using OILY palm. hehehe... What I want to know is that when BLACK oil runs out, will these environmentalist ride bicycles and walk on feet to buy n carry things? IF they want to drive an automobile to reach their destinations, OILY palm is probably their best alternative. Because OIL palm is the most effective oil producer per hectare planted compared to soybean or corn. This brings me to the next question that has been bugging me in my mind. Y are the Ang Moh so against OIL palm growing in Malaysia (MY) and Indonesia (ID)???

Do you know that MY and ID together controlled over 85% of all OILY palm produced! Y? The climate just suitable lor. hehehe... They are probably afraid that after the middle east they have to deal with another group of islams! hehehe...

For wat is worth, I got back into some OILY palm today. hehehehe....