We don't grow much sugar cane?
I'm not saying we have to use sugarcane. However, Brazil has been using sugarcane for decades. Thus, what I'm saying, is that given the decades of research and our own resources domestically - shouldn't we have something better and cheaper than corn?
I'm not saying we have to use sugarcane. However, Brazil has been using sugarcane for decades. Thus, what I'm saying, is that given the decades of research and our own resources domestically - shouldn't we have something better and cheaper than corn?
i've been recommended to buy oil futures in the spring before the peak oil season as a cant lose proposition. whats the minimum amount for a position you invest though? 10k?
there is no such thing as a can't lose situation in investing PARTICURALLY in the commodities. market. You can easly invest 10K and end up losing 100K in commodities. It's not like a stock where you have limited downside. there are guys that are paid millions a year that have lost billions playing oil futures. current oil futures are projecting a drop in the oil price in the next 3 months btw.
I think so. And, there is no doubt that there are a lot of better suggestions out there - they just haven't been funded even remotely as highly as corn and oil prices have only recently gotten to a place where private companies are getting interested (save a brief spell of ramped up investment in the late 70s early 80s).
To be fair, we don't have something that works well and currently grows like weeds, which the Brazilians have in sugar cane. Regardless, the corn and oil lobbies have pretty much made this a two-sided debate. But, I think that we'll see other cellulose-derived ethanol options coming onto the map in the near future....if Congress doesn't screw it up - but, that's a big if. We may have to see it come from the private sector.
Also, just as another disclaimer, corn ethanol can work in special, localized situations where demand/supply is uniquely suited for that use. The problem is that there is no way an effective nation-wide program can be built on the back of corn.
where do you get this stuff, the movies?If only these lowbrow elitists would tackle and barge into the developmental phase in making radiant energy, super-efficient electrolysis, permanent magnets, or cold fusion a legitimate form of energy for the masses... Only then could we put a dent in oil prices.
I think that if the US dropped their tariff on Brazilian sugarcane-derived ethanol, then it would blow corn-derived ethanol out of the water. However, we could probably do better with our own switch grass ... or algae perhaps (happy Okla??...at least I think it was you who always promotes algae).
The speculators are driving up this price. all you need is an unexpected increase in supply and this thing is going to tank.