At 09:14 PM 10/26/00 -0400, you wrote:
>Chuck Kuecker wrote:
> > I do not think it would be cost-competitive with gasoline. Of course,
> > gasoline is presently price-supported in the US, so any comparisons would
> > be warped.
>ExcUUUSE me? How is a fuel that has a tax margin on it of 60% to be considered
>in any way 'price-supported'? Alcohol for fuel is sold tax free and actually
>subsidized in some cases and it still isn't competetive with gasoline.
Oil production is price-supported - witness the recent release of federal
"emergency" stocks to bring the price down just in time for the election.
All the federal military strength that goes into policing world oil
production has to count for some kind of "support". The taxes are an
attempt at social engineering, and are actually minimal compared to the
rest of the world. Don't for a nanosecond think I am approving of either
the taxes or the roundabout "price supports". The free market price would
be an interesting thing to see.
(I meant alcohol was biomass when made from corn - just bad sentence structure)
This archive was generated by hypermail 2b30 : Mon May 28 2001 - 09:50:18 MDT