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Non-Tech : $2 or higher gas - Can ethanol make a comeback?
DAR 33.47-0.9%3:59 PM EDT

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To: richardred who wrote (2668)3/29/2008 11:19:21 AM
From: gg cox  Read Replies (2) of 2801
 
Pickens opinion on ethanol is as good as any other...the bottom line in the article is..

(Pickens is investing $10 billion in wind energy.) lol

Take away the subsidies to ethanol and let the street decide it's value as fuel.

No mention in the article on the state of the nations topsoil, pummeled with fertilizer ending up in rivers and lakes. Time will tell if producing subsidized ethanol from food crops is a sane endeavor.
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