Thank you President Bush! Bio fuel mandates were perhaps Bush’s greatest hit. The 2005 and 2007 energy bills mandated huge amounts of biofuels mixed into the fuel supply. Despite almost universal agreement that corn-based ethanol is not part of the long-term solution for transportation, Bush and law makers on both sides supported the outrageous mandates. This new pronouncement has taken the mandate to a new level of intolerance. The EPA is requiring ethanol levels that will destroy engines. Most individuals will simply not be informed about this issue until their engines require costly repairs.
Energy madness will bankrupt us. Corn-based ethanol is just one boondoggle in a staggering list of energy boondoggles enacted by politicians who want to control the energy industry.
While it is true, that BTU per BTU that ethanol can’t compete with petroleum in terms of price, there is another consideration.
That consideration is the enormous transfer of wealth and power to the Middle East islamofascists and the huge military costs this imposes on our nation.
Somehow that should be factored into the cost analysis as well.
If a mix of everything like natural gas and ethanol and whatever could get us to the point where we can have access to truly clean coal, then we will go a very long way toward disempowering the middle east despots.