Hardyards Wrote;
Has anyone calculated the area required to be planted in corn/sugar in order to make the US self sufficient and then applied this area to the climatic conditions within the US.
.........................................................................................
Excellent Commentary
http://www.libertysblog.com/2006/04/gasoline-ethanol-and-methanol.html
...............................................................................................
Biodiesel from other substrates from marginal land using cold press methods....combined with large scale solar electricity....
when combined offer the best energy efficiency ratios and do not compete with food production .....and in particular add new industries and jobs instead of converting the US ag base...
................................................................................................
The more perfect example of best use of ag production is ADM...
Corn ...soybeans are positively received but require continual heavy govt subsidy...
..................................................................................................
Alts are going to have to swim with $25 oil...but because of dollar depreciation...will have to swim with $40-$50 oil...
Oil prices are excessive because of a number of issues:
Bush´s will to pay back the OIL Industry ....Bush is honest to the degree that he pays back his friends who helped him....however
F...ing the public is not the way to do it...
The simple carry play ...buy the cash sell the futures made wall street a lot of money....but it is going to lose a lot of money when war tensions ease as real demand puts oil at $40....
The reason for the long delay is lack of funds required for big time projects...US has too many ious...
Unfortunately...after prices settle...an oil tax will be required to keep alts competitive....
Hey but what do I know ...just a cowboy blowin smoke....