My average well on the ranch produces 30 barrels of oil per day and 60 MCF NG, all from an area less than an acre in size.
From the oil they’ll get about 20 gallons of gas and about 9 gallons of diesel per barrel. Or 219,000 gallons of gas and 98,550 gallons of diesel per year. This also includes 21,900 MCF Natural gas.
A bushel of corn produces 2.8 gallons of ethanol and has an average of 142 bushels per acre giving you 397 gallons per acre per year. It would take 799 acres of corn to produce as much liquid fuel as that single well in a year and we still haven’t mentioned the NG.
Why would we even remotely consider corn as fuel source? What level of insanity decided to make it a mandatory source?
In my opinion it has nothing to do with protecting a food source or jobs but it does do a hell of a good job in buying and securing votes, kind of like the CRP program. If I can get you to take my money I have your vote for life! People are so easily bought.
The Energy Policy Act of 2005 was introduced into Congress by a Republican representative. It passed by overwhelming majority votes in both the house and senate, both of which were controlled by the Republican Party. It became law when it was signed by the Republican President Bush.