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Non-Tech : $2 or higher gas - Can ethanol make a comeback?
DAR 32.05-0.2%Oct 31 9:30 AM EDT
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To: Glenn Petersen who wrote (2736)11/9/2010 5:06:54 AM
From: robert b furman2 Recommendations   of 2801
 
Seems as though the substitution of corn with switch grass,sawdust and biomass is due to displace corn.

Corn and other ag products shouold benefit from prosperity in emerging nations.A transition to prices supported by global trade,would create a windfall of savings.

Ethynol subsidies should be phased out as the price of corn is now historically high.

I attended a fleet meeting held by GM .In the meeting ,now 3 years ago they stated that corn substitution would be economically a done deal as waste products which cost only the transport cost would be an economic driver.

If corn continues to have global demand and the price rises - that should assure the transition and subsidy phase out.

I like the smart use of ethynol.It is now very easy to swith gasohol from 10% to 15 %.

There is a market for this and the infrastructure has evolved quite well at this point.

The subsidies shouoold have an orderly phaseout.

There is a value to using less foreign oil.

Gasohol and E-95 along with natural gas in big HD trucks will be huge in reducing our imports.

Shale has also proven to be fertile oil drilling and recovery projects.

The USA has massive shale deposits across the country.

Bob
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