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18 comments on Tom Tomorrow: A Brief History of Gasoline Consumption in America
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18 comments on Tom Tomorrow: A Brief History of Gasoline Consumption in America
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GAIA Host Collective
How about no thinking at all?
Evidently many posters at the TOD think that there is enough liquid fuel for transport that we can afford to shut down ethanol production to save a dollar or two on food bills.
Farmers have to pay the diesel prices the same as anyone else. What such posters are proposing is low food prices and high fuel prices.
A thinking person would say that would lead to lower food production. But who cares as long as evil ethanol is stopped?
And someone who can do arithmetic would know that X is not a mathematical variable in this context. If you stop using 20% of the corn for ethanol, and cut the total corn crop by 10%, there's 12% more corn available for food.
Unless every grain of corn that would have gone to ethanol is not planted, something which only a lobbyist, not even an economist, could believe, there will be more food available to eat.
And I am unpersuaded that a tradeoff of lower diesel demand for lower gasoline supply is a bad thing even if it's more than gallon per gallon.
duplicate post
I love your comments.
Ethanol July futures $2.32
Corn July futures $6.08
DDG's $173.5/Ton
Margin -9 cents/Gal
What will it be next year?