Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Slagle who wrote (67089)	8/8/2005 12:01:15 AM
From: elmatador	Read Replies (1) of 74559

On Ethanol: Has peace of mind a price? Lets oil invisible subsidies that makes it THE source of energy at the back of the envelope calculation. US spend USD400bn in "defense", it needs aircraft carriers and jet fighers, satellites, and bureaucrats in uniform a.k.a military man. All that is not factored in the price of oil. But we know a big % of "defense" goes into protecting sea lanes, intimidate oil rich states, be ready to seize resources if things go out of hand... Then there are all the policies that are devised having oil in mind: For exanple: Iran today (and all that happened since 1953) are result of oil politics. Can the Iran - US dilemma costs be factored into oil price? But the invisibles are costs that once factored in makes ethanol a good proposition. s for your reasoning on beans it is very correct. Perhaps Brazil could consider smashing the grains and export oil for diesel engines rather than whole grains.

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