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Re: News Media Bias Bio-Diesel This Time
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Posted by IaGary on March 09, 2006 at 17:21:33 from (207.199.245.90):
In Reply to: Re: News Media Bias Bio-Diesel This Time posted by bo on March 09, 2006 at 15:27:28:
Bo you are right that they are ROI driven.
But so is the American farmer. Any time we can develope another use for our commodities we gain.
Without ethanol our corn price would be about half what it is today.
As far as enough land to grow it.We grow more per acre every year and with better prices we could double our production on the same number of acres if we had the price to offset the cost of the higher prices of inputs.
When ethanol came along they said the same thing no way to dispurse the fuel. But if there is a demand the stations will add pumps to pump anything that will sell.
I remember when the first million gal per year where produced. Now were up to 4+ billion gals of ethanol per year. And that has an impact on oil prices as well as corn prices in a big way.
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