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#11
September 28th 05, 01:30 AM
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"Dan Engleman" wrote in message ... "Jay Honeck" wrote in message news:b3c_e.369489$x96.190155@attbi_s72... Today Rep. Jim Nussle -- potentially the future governor of Iowa -- was reported as proposing that all gasoline sold in Iowa be required to contain 20% ethanol additive. ...snip... As Ross Richardson (a fellow Sherman Texonite) mentioned, they have, in Brazil, adapted most everything to run on ethanol (they call it alcohol). Here is an interesting slide-show of Brazil's numbers, presented at a conference in 2004. (in pdf format) http://www.renewables2004.de/ppt/Presentation4-SessionIVB(11-12.30h)-LaRovere.pdf 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. 
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