"Icebound" wrote in message ...
snip
Bottom line:

At that time, oil over 30 dollars made the ethanol program profitable for them.
And in spite of the historic "low" oil prices, estimated savings of 1.8Billion USD over the 22 year period of the
program.

Think of it now, in terms of today's price of oil. And their infrastructure is up and running.... We are apt to be
replacing foreign oil with foreign ethanol. is to laugh.

I read a recent article about this (I believe it was in a trade journal). It may be that the key is in using sugar
cane instead of corn. The article stated that Brazil can produce a barrel of ethanol for $25.



----== Posted via Newsfeeds.Com - Unlimited-Uncensored-Secure Usenet News==----
http://www.newsfeeds.com The #1 Newsgroup Service in the World! 120,000+ Newsgroups
----= East and West-Coast Server Farms - Total Privacy via Encryption =----