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synfuel |
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Los Angeles) Deal Value: ND Seller: Vanguard SynFuels LLC (Pollock, LA) Business: Produces biofuels Buyer: Diametrics Medical Inc. The SynFuels concept dispensed a lot of taxpayer money to a lot of Democratic interest groups but did nothing to solve the energy crisis. The predictions in the 1970s that the world would soon run out of oil, for instance, resulted in the creation of the expensive and polluting Synfuels program. |
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