Ethanol is a total bust!
Now if someone can come up with a way to turn kudzu into biofuel then that would be a win.
I know it sounds all greenie and liberal but I think solar is what will end up being the tech that frees us from our total dependence on fossil fuel. Right now it cannot compete as it is still more expensive than power generated from fuel but solar tech is on an exponential curve and will in a few years become cheaper than oil tech. When the point is reached when solar saves $$$ then oil’s days will be numbered. At first oil will drop in price to stay cheaper than solar in order to keep oil producing nations afloat. But as the price is forced down, down, down a point will be reached where oil cannot be pumped and refined cheaply enough to be useful. I give oil 30 years at most until that happy day arrives.
Solar and battery/storage technology will be our salvation.
This is what will suck the life out of the loathsome nations that now profit greatly from the sale of oil. The worst of them have absolutely nothing to fall back on and will descend into well earned chaos.
I am hoping that diesel from algae or alcohol from cellulose and ultracapacitance batteries will be the ticket. In the nuclear energy area, Thorium reactors will be safer than Uranium reactors.
Newt is a total bust! First, the Scuzzafava debacle, and now this. HANG IT UP NEWT!!!