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Re: High fuel, I love it.
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Posted by Cmore on March 09, 2007 at 08:50:09 from (74.141.164.168):
In Reply to: High fuel, I love it. posted by IaGary on March 08, 2007 at 12:48:07:
Yes, and corn will continue to be around 4 bucks right up until the time the Fed Govt stops the 65 cents a gallon subsidy on ethanohl. Then, all the "farmer-owned ethanohal co-ops" will be bough up by ADM/Cargill/Bunge for 10 to 20 cents on the dollar. I'm still not convinced the ethanhol is the "end all be all" for our energy need. Take the fuel to grow, transport, and the nat gas to process and do you have a net gain or loss?? Pretty close, I think. Now, if we could just "grow" hydrogen ready to use in our corn fields, or if we could power alternate fuel plants with sugar cane or fescue,we might have something. Did you know that if EVERY bushel of, lets say, a 12 billion bushel corn crop were converted to ethanol, we'd only produce enough energy for 11% of our annual gasoline consumption. Only 11% if EVERY bushel went to alternate energy. Not to mention other govt payments such as the LDP, which I understand is not in effect, since corn is $4.00 now....Cmore
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