No they are not.
Posted on 06/27/2007 10:30:01 AM PDT by Sleeping Freeper
I guess nothing is “legitimate” for you if it doesn’t tout the ethanol line.
BTW, I’m still waiting to hear how you “work” for more better awesome fuel while the rest of us yokels just watch tv. Oh, and I’d like to hear how many years you’ve been under an ethanol mandate and been forced to use e10 for fuel.
In the meantime, here’s more “non tv” information
Congress should hold itself accountable for gas prices
By James M. Taylor
June 12, 2007
The U.S. House last week approved legislation that would make it a federal crime, complete with prison sentences of up to 10 years, for anybody to sell gasoline at prices that are “unconscionably excessive” or that take “unfair advantage” of consumers in an energy emergency. But if causing fuel to be sold at unnecessarily high prices were a crime, Congress would have no alternative but to throw itself in jail.
The legislation is remarkable in that it fails to acknowledge government responsibility for much of the problem of spiking gasoline prices. While gasoline consumption is growing by more than 2 percent a year, U.S. refinery production is growing by only 0.5 percent a year. This is creating a bottleneck in U.S. supply that is largely responsible for recent price increases. This bottleneck, ironically, was caused by government interference in the marketplace.
Last year, U.S. oil companies announced plans to expand refineries to add capacity of 1.6 million to 1.8 million barrels per day. Those plans were drastically scaled back, however, after President Bush, in his January State of the Union address, called for a major increase in biofuel production. Mr. Bush is seeking to induce, and Congress is seeking to require, an increase in annual biofuel production from about 6 billion gallons today to 35 billion gallons by 2017.
With Washington politicians fighting each other to see who can require the greatest increase in biofuel production, it makes no sense for anybody to invest in the expansion of oil refineries. After all, why invest money to produce something the government is doing its best to replace? Investing in additional refinery capacity has suddenly become very risky.
In the meantime, gasoline demand continues to grow, biofuels are nowhere near being ready to meet growing demand, and government has just imposed an 800-pound gorilla of a disincentive to expand refinery capacity. The predictable end result has been sharply rising gas prices.
Still more disturbing is the spike in prices that will occur if and when government succeeds in imposing massive increases in biofuel production on American consumers. Even with a 51-cent-per-gallon federal subsidy (which we all pay for, of course), a gallon of ethanol typically sells for slightly more than a gallon of gasoline. But ethanol is a less-efficient fuel source than gasoline, providing only 70 percent of the miles per gallon that gasoline provides. This makes ethanol substantially more expensive than gasoline.
Ethanol prices, moreover, will rise sharply under a government-induced increase in ethanol production. Corn prices have doubled since last year, largely because of rising ethanol demand. This is pushing up prices of ethanol and food. According to a new study by Iowa State University, growing ethanol production caused a $14 billion rise in food prices last year.
The fivefold rise in biofuel production envisioned by Congress and President Bush will lead to still bigger increases in food and fuel prices. All of this is justified as a response to gasoline prices that have yet to approach the price of ethanol.
This brings us back to the question of who is really forcing American consumers to pay “unconscionably excessive” fuel prices. If Congress wants to threaten prison time for those responsible, it should at least have the decency to make itself subject to the same laws and penalties.
Good gosh. Do you just read random stuff on the Internet without at at least learning about who wrote it and why?
Ethanol is made from corn only beacuse corn provides the most economical feedstock, not because on any mandate or captive market. (If the price of corn were artificially high, some other feedstock would be used)
No they are not.
Because you can’t.
The same one that ethanol fanboys say was wrong,but the only refutation comes from corn / ethanol funded sources!
Still waiting to hear your expertise.
BTW, here’s one from free republic I’ll let you read. But you’ll probably just dismiss it out of hand without actually offering any sort of intelligent rebuttal.
http://www.freerepublic.com/focus/f-news/1731890/posts
Gotta love the socialists on free republic - they keep me entertained!
Government mandates Good! Higher prices good! Sit down and take what big government and I say is good for you!
As long as caviar doesn’t go up, these totalitarians don’t care. They don’t care about anything or anyone but accruing money, power, and sex for themselves. Period.
The pricing of both ethanol and gasoline (as well as most other commodities in this country) is transparent. Ethanol was last quoted on the CBOT at $1.92 per gallon, while gasoline on the NYME was at $2.25.
“Ethanol isn’t mandated by the government. Oxygenated fuel is mandated by the government.”
Let me just say this first: You’re wrong.
Now let me prove it:
http://www.nwcurrent.com/policy/1657721.html
President Bush on Monday signed a broad energy bill that boosts domestic oil and gas supplies, promotes renewable energy development and requires electric utilities to comply with federal reliability standards.
Bush signed the bill at the Energy Department’s Sandia National Laboratories in Albuquerque, N.M. Major provisions:
* Create an ethanol mandate requiring fuel manufacturers to use 7.5 billion gallons of ethanol in gasoline by 2012.
Thanks for playing. Better luck next time.
Looking at the price jumps each year for the period in question, the month of May, the jump from the previous month is fairly consistent.
“Good gosh. Do you just read random stuff on the Internet without at at least learning about who wrote it and why?”
No, I’ve been reading this for years. I know what it’s about, I know what the ethanol apologists have said about it.
But what I’ve have learned about you is the following:
- You claim to have superior knowledge because I posted something from a tv show (done by john stossel, one of the most respected reporters in conservative circles). However, when time comes for you to demonstrate such superior knowledge, you don’t. You just shoot things down. Just like a liberal.
- you claim “Unlike you, who apparently watch a lot of TV, I try and make it happen”. You haven’t listed what you do to try and make it happen. I’d be curious to know what you do to make it happen.
- you haven’t answered my question about how long you’ve had to live under an ethanol mandate and experience higher prices, less power, lower mileage, and increased pollution.
I’m waiting. Since you’re such an expert this should be a cakewalk for you.
-—Looking at the price jumps each year for the period in question, the month of May, the jump from the previous month is fairly consistent.-—
You and I have different ideas about what the word consistent means.
1993 2%
1994 2%
1995 6%
1996 4%
1997 0%
1998 3%
1999 0%
2000 1%
2001 9%
2002 0%
2003 -6%
2004 10%
2005 -4%
2006 6%
2007 10%
He’s talking about ethanol use as an oxygenate.
“Because I would not waste my time. And you are a waste of time.”
LOL. But you’ve been posting all along on this thread.
I can refute your bull in a seconds. Apparently you can’t muster up any fact based defense of your position, since you have none, along with no expertise on the subject. Your “I wouldn’t waste my time” line is proven to be bull because you have already spent your time on this thread.
Well, I’ve got to shower and get working. Have fun claiming to be the ethanol expert while providing no actual information. Don’t forget to claim to be a conservative while advocating socialism and government mandates. Go for the trifecta!
Here, let me get you started:
“How dare you question my conservatism! I voted for every republican I could have since I turned 18! Supporting a government mandate of a product that can’t survive in the free market isn’t socialism! Supporting government subsidies of ethanol isn’t socialism! It’s patriotism! How dare you question my patriotism!”
There, have fun!
Two horses. They put on their cowboy hats on the weekend and look at their two horses for two minutes.
And I was talking about a government ethanol mandate, which he claimed didn’t exist. I proved it does.
I thought you didn’t have time to waste on me?
Gotta go. Enjoy spouting your love of socialism on a conservative forum.
I’m looking at the difference between April and May. In most years the price swings are not that dramatic.
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