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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (322544)	1/23/2007 6:47:19 PM
From: Road Walker	Read Replies (2) \| Respond to of 1574053

re: It doesn't look like use is going to go down. Ethanol is evil...

To: TimF who wrote (322544)	1/24/2007 4:24:55 PM
From: tejek	Read Replies (1) \| Respond to of 1574053

"On June 15th, the Senate approved an amendment to boost the amount of renewable fuels a total of 8 billion gallons in 2012. The amendment was modeled on an amendment sponsored by Senators Jim Talent (R-MO) and Tim Johnson during the Senate Energy and Natural Resources consideration of comprehensive energy legislation. Even if it doesn't go down, ethanol production at 8 billion gallons per year is nothing..........not even a drop in the proverbial bucket. The US consumes 20 million barrels of oil per day......that's nearly a billion gallons [840 million to be exact] per day. Currently ethanol production is at 4.9 billion gallons per year. Like I said, a drop in the bucket. ksgrains.com nationmaster.com But lets go back to the issue at hand......to make that 4.9 billion gallons of ethanol, it took 1.6 bushels of corn......which is roughly 14% of the annual US corn crop. Hell, more corn is used to feed animals [6.1 billion bushels] than is used in ethanol production. If corn price remain at current levels, more acreage will be used to produce corn and farm animals will be fed another grain. However, what's more likely is that future increases in ethanol production will more probably come from using other crops.......such as certain grasses that produce more bang for the buck than corn. iowacorn.org