I don't think ethanol is going away any time soon... Personally, based on my gut instinct, I believe the energy cycle of ethanol is a pure loss equation. The profitability is based on market cycles and prices for corn and gasoline.... so sometimes there will be money in ethanol and sometimes there won't be. I don't believe that the existence of ethanol has made ~any~ measurable difference in the price of oil/gasoline/fuel. What it has done is re-monetize cropping in north America and throughout the world. The fact that one can now turn a profit in growing a crop is, in my mind, a good thing. It removes the need for the government to continually subsidise the production of staple crops to maintain a reserve. As far as corn's usage in fuel is concerned... I would imagine that after a few boom/bust cycles and the debt gets written down enough... the plants will stabilise and probably the price they pay for corn will as well. So I think ethanol will be around for some time to come.
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Today's Featured Article - On the Road with Dave Gohl: Auction Musings - by Dave Gohl. I was thinking the other day about all the auctions I've been to in the last few years. There've been many. Some have been very good, some have been well, disappointing to say the least. But no matter how good or bad auctions may be, we always seem to stay until the item we've come for or are interested in is on the block. I've been to some auctions near and far. I think the furthest has been the Two Cylinder 7 in the Amana Colonies last year. Lots of stuff, lots of people. I've also atten
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