I say grow hemp and make ethanol out of that
It grows super fast. It is very rugged and does not require lots of TLC to grow. Won't have any shortage of people wanting to grow it either
Regarding propoganda, who can you believe? Pro ethanol propoganda issues forth from people like ADM and the EPA, and anti ethanol propoganda is fueled by big oil... Uninterested people are not going to spend the money to really research it. I guess it is impossible to get an impartial opinion then
This is EXACTLY why the government should not be involved AT ALL and using FORCE to impose one position or the other! In the free market, both sides can present their goods and the consumers will choose, just like they do with all the other products we buy everyday.
Dyna Sport is right. Right now, oil is still cheap. As it runs out, or people think it is running out, the price will rise. At that time, we WILL find alternatives whether it be ethanol or anything else. However, until the higher price of oil justifies investors spending the time to invest in those alternatives, there is no reason for the government to subsidize any "favorite" one and FORCE us to pay for it!! It does not matter to me one whit if some Suadi prince is getting the money or the shareholders of ADM. Either way I am having to pay
It
IS as simple as a free market. Oil successfully displaced horses and buggies without having to piggyback on that infrastructure. It was the market outsider. Sellers had to find ways to make it more desireable for customers to use their product over that of the horse/buggy system. People had to go through the expense of getting rid of the entire infrastructure associated with that system. LOTS of business went under and LOTS of people lost jobs. The structure of our society radically changed. The same thing happened again when electricity displaced gas for lighting homes. It happens when factory automation reduces the need for manual labor. That is just a reality. Government regulations and subsidizations won't change that. Oil won out because it was more desireable to the consumer, the massive infrastructure came AFTER not before. The same will be true for whatever we use to replace oil. Yes, it would be fantastic if much of the existing infrastructure could carryover.
When the oil company wants to make more money, they charge more, and screw the little people...
Given that the purpose of the company is to maximize shareholder returns, doesn't it stand to reason that they would ALWAYS want to make more money and that they would ALWAYS charge the most the market will bear? Unless of course Congress threatens them with hearings, fines and windfall taxes. If they are not charging what the market will bear, then their shareholders should have them fired and replaced! The point of ALL companies is to charge the most they can to maximize profits. YES we can do without the cars. YES it would be incredibly inconvenient and require drastic changes. The fact that we don't want to be inconvenienced has NOTHING to do with A company's right to charge what people are willing to pay! If the customers were really that flipped out about prices, they would cut back on their consumption and the oil companies would either lower their prices if they can or lose customers. The oil companies cannot just crank up prices willy nilly. Unlike the government, they cannot force you to buy their gas. Regardless of what some people may think, there is fierce competition in the oil business. I deal with it everyday.
My mistake was saying "may the best fuel win" without qualification. "Best" does not necessarily mean in technical terms. Everyone knows that BETA was superior to VHS in technical performance. However, the consumers decided that the convenience and lower cost of VHS outweighed the performance advantanges of BETA, and so BETA has all but vanished. What matters is what the CUSTOMERS want. They express their desires with their buying habits.
If gas gets up to $10/gal and people are still buying it, then they are saying that to them, it is worth it. The people that stop buying it don't think it is worth it. If they cannot afford it at all at $10/gal, this does not magically confer up on them a RIGHT to have gas cheaper!! I'd love to have several really nice bikes that are way out of my price range, but I have no right to own them at the manufacturer's expense! I need a new car because mine is getting old and wearing out. I can't really afford to replace it and life will be darn inconvenient without it, but this does not mean a dealer should be forced to sell me one at a price I can afford. Nor does it mean the government should subsidize the dealer so he can afford to sell it to me for less.
Entitlement thinking is dangerous. It has no limits to its' application...