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To: elmatador who wrote (60182)	2/8/2005 3:47:11 PM
From: Maurice Winn	Respond to of 74559

ElM you haven't got me persuaded about ethanol. Way back in 1983 I was driving around in a methanol car and running various alternative fuels research projects. I've never had a problem with ethanol other than the cost. It's just another way of creating kinetic energy for people and the capsule surrounding them. My point is not that ethanol's time has come, but that prices of crude oil are too high because competitors such as ethanol have now got an economic opportunity on a grand scale. The result will be crude oil prices being lowered to maintain sales. Some alternatives will come on stream and stay on stream, but only if they are profitable at $25 a barrel oil equivalent. People had best be careful. The early 1980s saw $billions poured down the drain on alternative energy projects which went nowhere due to crude oil prices dropping way down again. 20 years have gone by. That means anyone under about 30 years old [or even 40] wouldn't have much clue about those historic times and in the time-honoured young person's process, will relearn the age old verities for themselves via first-hand experience. Old heads do not come on young shoulders. Mqurice