Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: tejek who wrote (322804)	1/24/2007 4:30:33 PM
From: TimF	Read Replies (2) \| Respond to of 1574060

The US consumes 20 million barrels of oil per day That's oil consumption, not gasoline consumption. Also typically you can only have 10 to 15% ethanol in normal cars. Cut out oil not used for gasoline. Now multiply by .1 or .15% and you get how much ethanol we can use as fuel absent other changes. Now 8 billion gallons a year isn't quite a drop in the bucket any more. 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. That's a lot. Its also going up. And there are a number of proposals to increase it even more. To look at it another way - Assume your data is accurate. Now assume we move 100% of corn production to ethanol. We only get about 35 billion gallons of ethanol per year, still well short of 840 million gallons isn't it? To sum up - 1 - The portion of corn that goes to ethanol is large and rising. 2 - Don't look to ethanol to be more than a marginal part of reducing gasoline and/or oil use.