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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (63767)	5/14/2005 9:25:25 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 74559

Which is why oil prices will be going down, not up. Short it all! Back to US$30 sooner rather than later. Lord John Browne didn't get to the top of BP by not knowing what oil is worth. <AMERICAN output of maize-based ethanol is rising by 30% a year. Brazil, long the world leader, is pushing ahead as fast as the sugar crop from which its ethanol is made will allow. China, though late to start, has already built the world's biggest ethanol plant, and plans another as big. Germany, the big producer of biodiesel, is raising output 40-50% a year. France aims to triple output of the two fuels together by 2007. Even in backward Britain a smallish biodiesel plant has just come on stream, and another as big as Europe's biggest is being built. And after long research a Canadian firm has plans for a full-scale ethanol plant that will replace today's grain or sugar feedstock with straw. Output is still tiny compared with that of mineral fuels. But the day of the biofuel has arrived. > Mqurice

To: elmatador who wrote (63767)	5/14/2005 10:06:36 PM
From: Spheres	Respond to of 74559

Elmatador, This caught my eye, "America's environmentalists favour it (except the purists who object, truly enough, that the real “green” issue there is not the fuel but the cars that guzzle it)." Now, I do not profess to be an environmentalist, but that will not deter me from speaking on their behalf. Please understand that a major reason for NOT bringing alcohol fuels to the masses is that they produce new pollutants. Scientists (environmentalists) have studied the burning of gasoline for 50 years, and now understand how oil based products burn. What about these vegetable products, when will we know what they do to our air? (Have you ever coughed at a wild fire)? Formaldehyde, a significant byproduct of burning alcohol, is not tolerable to the respiratory tract. So, the question becomes, what is worse for the atmosphere? Personally, I like the idea that a ubiquitous internet will allow us to work from wherever we happen to be, and leave the highways to truckers.