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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (46906)12/9/2005 1:24:26 PM
From: Kailash  Respond to of 110194
 
Heating with corn

breitbart.com

"Corn-generated heat costs less than a fifth of the current rate for propane and about a third of electrical heat, according to Haefner. Homeowners report savings of anywhere from 600 to 1,500 dollars a year, he said."

This has got to be the effect of farm subsidies. As long as corn is grown with massive input of oil (plowing/harvesting, pesticides, fertilizer), this is not a solution to expensive energy. If all you really want is fuel to burn, the long-term solution is reforestation.

While the cost of energy is technically distinct from credit bubbles, in the present bubble it risks making the fall higher.

Kailash