make WWAY your homepage  Become a fan on facebook  Follow us on twitter  Receive RSS Newsfeeds  MEMBERS: Register | Login


Following facts revealed on CNBC's "Fast Money," 5/27/08 * One-third of the American corn crop this year will go to ethanol production. That will provide only 3% of our fuel needs. * It takes 1700 gallons of water to make one gallon of ethanol. * That one gallon of ethanol also requires 51 cents in tax subsidies to be produced. * Experts now agree that ethanol production is going to INCREASE greenhouse gases, as forest land is cut down to make room for planting corn. * Corn production has displaced wheat and soybean production, directly causing a broad rise in food prices, even foods that don't use corn. The amount of corn being diverted to ethanol production is affecting animal feed, causing price increases in beef, pork, poultry, milk and eggs. When all that is added to the fact that you still expend more BTUs making a gallon of ethanol than you recover by burning it, it's pretty obvious that ethanol may be the biggest house-of-cards to come along in a long, lonnnnggggg time. Let's hope biodiesel gets the production kinks worked out quickly, because ethanol is obviously doomed....


The content of this field is kept private and will not be shown publicly.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.

More information about formatting options

To prevent automated spam submissions leave this field empty.
Please re-enter the code shown in the image below.