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Non-Tech : $2 or higher gas - Can ethanol make a comeback?
DAR 32.70+0.4%2:06 PM EST

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To: Lance Bredvold who wrote (2337)2/25/2007 9:19:08 AM
From: Ish  Read Replies (1) of 2801
 
<<To do the calculation you seem to be trying to accomplish, you should divide $3.00 by 2.7 gals per bushel. Cost of corn to make a gallon of ethanol is more like $1.11.>>

Plus only the starch is used, the protein feed part and the oil do not go into making ethanol. I hear a lot of crap how ethanol is making the price of corn so high people are starving. How about drought in China and Australia have turned them into corn importing nations that had been exporting nations?
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