This message was edited on
March 17, 2011 at
11:21:10 AM by brian26
ethanol isn't going away anytime soon, it has become a pet project to dangle a little false hope while gas prices soar.
It happened in the early 80's, until prices dropped, and then many ethanol plants shut down . Again in the early 90's when prices were going up to the unbeleivable high of $1.50 per gallon.
Due to it's relation to methanol, and helped (I thought) the American Farmer (FFA chapter Pres 2 years myself, and raised by farm/ranch lifestyle - yessss, cows and crops) , I was under the impression it would also promote short track racing since .................well, methanol and ethanol were closely related, and change could happen if the right industry came in and drop the big bucks. Didn't happen.
Now I find that it takes more energy to make a gallon of ethanol, subsidies are involved, which to me means kickbacks to politicians who have no interest in saving our beloved sport or really the elimination of large scale farm auctions.
Folks, they know better, and have known better for years. Yet they have made believers like me all along since I wanted to believe them in the first place.
All fuel sources have a downside, and all have a trail of corruption behind them.
Now I'm seriously looking at CNG, yet none of them seem to be interested to really push the issues to us.
My lesson so far has been a lot like other lucrative things I've noticed-
When there is money to be made, or saved tremendously -there is not always a need to tell the whole world. Chesapeake is converting 700 of their company trucks to CNG. It trades @ around $1.50 or less a gallon equivilant to gasoline and still is said to burn cleaner.
Chesapeake sells natural gas
Chesapeake sells oil
If we buy the gasoline made from the oil, and industry buys the oil, and residents buy the natural gas, and so on, CHESAPEAKE WILL BE BURNING CNG AT RADICALLY LOWER PRICES THAN GASOLINE AT THE PUMP!
Throw in the actual meager profit they get at any pump they sell to, then "green tax credits" for pushing CNG, AND THEN THE RESOURCE DEPLETION TAX ALLOWANCE--
..they simply make a killing, like their competitors.......Lower operation costs, better tax incentives for them, and higher prices at the pump for the people like us who will sit in their own troubles and not do a damn thing about it.
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