Ping!
Another cluster**** promoted by our politicians.
Kansas, Texas - I wonder if the availability and cost of water a element in these closures. I understand ethanol production utilizes a lot of water.
Anybody not seeing this coming down the pike has been hitting that ol opium pipe a bit too much!
At least the generation of the late 1940s weren't so stupid that they poured Hadacol in the gas tank.
.. and the claims made for Ethanol aren't all that different than those made for Hadacol. To wit, a Hadacol ad featured a distinguished woman declaring, "Three months ago I couldn't read or write, but after only a few bottles of Hadacol, I am now teaching school."
“Ethanol plants constructed a few years ago that have strong cash positions and reasonable debt levels will make it’
Why would they if the cost of feed stock makes their product unprofitable?
If the price of gas ever comes down they wont be able to give this stuff away.
When things get tough a lot of this kind of silliness will just go away.
Ah yes, the glorious five-year plan. Remind me what country I'm living in?
If, as I fear we are headed for $4 and $5 a gallon gasoline, these plants should do OK. Also, if they can ever get cellulosic ethanol going that will make a big difference. I saw an interesting piece about butanol as a possible fuel, but have not seen anything recent about how that is progressing. According to the article a better, more energy efficient product than ethanol.
Furthermore, I am afraid that oil which hit $111 is unlikely to go down any time soon as the new USO oil ETF is driving the price higher than it should be (about 20%more). These Exchange Traded Funds (ETF) are mechanisms for large institutional investors to put their money into oil. They have to buy in lots of $4 million or more, and in the past year or two their investment in oil has jumped from $9 billion to more than 1/4 trillion dollars. This is really unnerving.
Oh no, this is terrible; the pols must do something - maybe rush a federal program in place to subsidize (further) those unfortunate people.
Translation: A non-competitive industry.
Don’t you wonder how so many mental handicapped people got elected to office.
Regular folks KNEW that this fuel would 1) raise the price of most food products 2) would be too expensive to produce
But ya know they will keep beating this dead horse instead of drilling in Alaska
...He said plants that were already constructed and are managed well should be fine.
Isn't that true about anything?
OK, now its time for Congress to open more federal land for drilling. Its absolutely mandatory (oil at $100 per barrel) that ANWR and both coasts be opened for offshore drilling. Remember it will take 7-10 years for that oil to come to market. Washington, stop dragging your feet.
OK, when "higher energy prices" negatively impact your product, it's time to admit it isn't an "energy product".