Completely OT: Inflation
Bob Stockler
bob at trebor.iglou.com
Tue Oct 4 07:47:30 PDT 2005
Mike Schwartz wrote (on Tue, Oct 04, 2005 at 07:59:10AM -0500):
| People don't seem very concerned about the high gas prices. In this
| area of Wisconsin, I was just discussing the high gas prices and 10% ethanol
| gas with a group of other computer consultants and I was shocked that some
| of them refuse to burn that in their cars, even though ethanol is a
| renewable resource and Wisconsin somewhat subsidizes the slightly higher
| cost. One of them summed it up that he just doesn't feel like he gets
| "maximum performance" with the 10% ethanol gas on the big SUV that he uses
| to commute about 50 miles back and forth each day to work. Actually, I
| think he just won't pay the same amount of money for ethanol gas that he
| gets 1 or 2 MPG less on, even if ethanol is a renewable resource.
The ethanol story sounds good, until you factor in the energy
required to grow the grains from which it is derived, and the
energy required to transport it to the sites where it is
produced, and then the energy required to ferment and distill
it. Recent studies have shown it to be a net energy loss -
though it does have some economic benefits for those in the
grain belt.
Bob
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