I agree 100%. I think that you will agree with me that the LAST thing we want is another gov’t alternative fuels boondoggle.
Ethanol is more trouble than it’s worth.
From what I’ve read, oil from shale, tar sands and coal liquifaction becomes economically viable at sustained oil prices of $30-$50/bbl (if we can get the enviro-whackos to let us do it).
I think our biggest problem is that the moonbats really WANT us to return to a 19th century standard of living and will block ANY new energy alternatives (think wind farms off the Kennedy coast).
$40 in 1980 dollars probably. We’re getting close.