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Old June 26th 07, 04:13 PM posted to rec.aviation.homebuilt
quietguy
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Posts: 61
Default Hidden costs of ethenol

David Deutsch, Jimmy Carter's Undersecretary of Energy (let's see the
tree-huggers impeach THAT source!), has calculated that ethanol in
gasoline is costing consumers $120 for every barrel of oil it
replaces; with crude selling for under $70 per barrel the only people
smiling about this are the corn growers, the ethanol producers, the
politicians they've bought and people dumb enough to believe just
about anything. I live in Iowa and I'm seeing close-up the ignorant
boosterism that's behind this economically unsustainable scheme.