From the Des Moines Register
Consumer Reports takes on “the ethanol myth” in its October cover story, and the news is bad for the ethanol industry.
From the Des Moines Register.
This article does sound somewhat pesimistic, but I would encourage Freepers to check out some of the ethanol threads that ran this spring. There was a lot of interesting detail, including some from race car enthusiasts, who pointed out that cars run on ethanol last a lot longer, and that there are things that can be done to improve the efficiency of ethanol. When cellulosic ethanol takes off, that will be a definite improvement over corn and other food ethanol. We should diversify our energy sources so as to free ourselves of foreign dependence.
A report on the evening news, said this drilling was done in 6,000 feet of water, and went down 20,000 feet into the earth, not a cheap solution by any means. Then there is the continuing hurricane threat to consider. Also they don't yet know the quality of this oil. Is it high or low sulfur? Also it will be 6 or 7 years before it comes on the market. So we should continue to develope our other energy sources in the meantime.
The fact that there is no E85 available to the public in such East Coast places as Connecticut, Maryland, DC, and Virginia is rediculous. Certainly the first three entities have plenty of pro environment folks who would use it if it was available. Seems like the major oil companies don't want to encourage that.