The reason the fuel ethanol industry collapsed is because the basic economics make it an unprofitable business. You have a product that requires a lot of energy to produce, that then needs to be sold at a competitive price. As oil gets more expensive, ethanol becomes more expensive to produce and distribute. As oil gets cheaper, it's cheaper to produce ethanol but it now has to compete with cheap petroleum.
Massive energy conservation is the only long-term solution to dwindling petroleum reserves. We can do it now, or we can simply wait until we've used up all the cheap oil and gasoline is selling for a hundred bucks a gallon.
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Today's Featured Article - Show Coverage: Argyle and Mt. Pleasant Labor Day Weekend Shows - by Cindy Ladage. The last fling before summer fades into fall and we get busy in the fields are the annual Labor Day tractor shows. Beginning on September 5th and running through the 7th, the Argyle Antique Gas and Engine Show is held at the Argyle State Park. Located in West Central Illinois, the pine forest was the setting for the opening of the 22nd show. This year we decided to try to sell a few tractor parts, literature and wrenches to offset my husband's buying sprees. Saturday
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