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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: yard_man who wrote (61739)5/23/2006 1:00:50 PM
From: benwood  Read Replies (1) of 110194
 
Akafoobar, then you have been sold a bill of goods by the oil companies, much like the "research" for smoking that showed no link to cancer for many, many years. I was sucked in for several years as well, as the 1 study to which you refer (takes 1.2 bbl of oil to produce the equivalent of 1 bbl of BTUs from ethanol -- does that sound familiar?) had many flaws of omission. The point I failed to consider (i.e. the "paradox" of that claim) is the benefit of photosynthesis -- all that solar energy being used by the plant. That's where much of the benefit comes from. Plus longer lasting engines and tractors (takes oil & water to make them). Carbon being consumed by the regeneration of ethanol (as opposed to the one-way creation of carbon as is done now). Higher efficiency of E100 or E85 autos (currently about 15% I think). Plus less fertilizer for many of the crops (or byproducts as fertilizer), another oil savings. And potentially vast savings on chemicals (e.g. Roundup).
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