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 - The Niagra View Mobile - Powered by a 1959 Ford Tractor - by Mark Massey. In 1959 the Niagara Frontier Transit Inc. of Buffalo, New York designed and built six Viewmobiles for the Niagara Frontier Sightseeing Inc. for use as a sightseeing ride at the Niagara Falls State Park, Niagara Falls, New York, powered by a 1959 Ford 611 Tractor.
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