Gasohol

And that means that all of us using gasohol are getting worse gas mileage
than we would get with straight gasoline. If the fuel is 10% ethanol that
is 10% less gasoline being pumped while the price has gone up double in
the last two years. Energy bill of 2005, eh?????

The oil companies recently blamed the Bush Administration's emphasis on
converting to bio fuels as the cause for the price increase in gasoline.
Their statement: If they (bush) would support gasoline, then the oil
companies would spend money on additional refineries to meet the demand and
price could stay low. But with the emphasis on conversion to bio fuels and
alternative energy, the oil companies have no incentives to
rebuild/repair/build new refineries to meet the increasing consumption
demand.

So they say as they pocket record profits.

BT

"BT" wrote in message
...

And that means that all of us using gasohol are getting worse gas mileage
than we would get with straight gasoline. If the fuel is 10% ethanol that
is 10% less gasoline being pumped while the price has gone up double in
the last two years. Energy bill of 2005, eh?????

The oil companies recently blamed the Bush Administration's emphasis on
converting to bio fuels as the cause for the price increase in gasoline.
Their statement: If they (bush) would support gasoline, then the oil
companies would spend money on additional refineries to meet the demand
and price could stay low. But with the emphasis on conversion to bio fuels
and alternative energy, the oil companies have no incentives to
rebuild/repair/build new refineries to meet the increasing consumption
demand.

Got a cite for that? That's just one of the reasons I've seen them give,
amongst others are, botique fuels, world-wide demand, drillingand
exploration restrictions, capacity running near 100%...


So they say as they pocket record profits.

http://www.redplanetcartoons.com/wor...7gasprices.jpg

BTW...do you know the difference between a "PROFIT" and a "Profit Margin"?