Ethanol and WTF?
Shortwave Sportfishing wrote:
On Wed, 5 Apr 2006 19:48:57 -0500, "Del Cecchi"
wrote:
"Shortwave Sportfishing" wrote in message
. ..
On Wed, 05 Apr 2006 11:19:43 -0500, Del Cecchi
wrote:
Shortwave Sportfishing wrote:
On Tue, 4 Apr 2006 22:12:49 -0500, "Del Cecchi"
wrote:
In most places, Minnesota included, gas stations are required by law
to
have oxygenate in the fuel. Some places used to use MBTE, but now
many
use ethanol. In 07 Minnesota is going to 20 percent. What's good
for
the corn farmers is good for you.
Certainly helps the corn farmers in Brazil.
Most of the ethanol used in the us is made in the us.
20% is made in the US.
The rest comes from Brazil and Mexico.
Brazilian ethanol is made from sugar cane.
I know - it was a joke.
Apparently your statistic above is a joke also. A few minutes searching
produced
"The U.S. ethanol industry produced a record 3.9 billion gallons of fuel
in 2005, according to the Renewable Fuels Association (RFA). In December
2005, ethanol fuel production reached 364.4 million gallons, but fell
short of demand, which rocketed to 403.2 million gallons. The excess
demand was partially met by imports of 32.2 million gallons of ethanol,
while 233.6 million gallons of ethanol in storage provide about 20 days
of reserve to help meet demand. "
So 90 percent is domestic production. Thanks for playing.
And where do you think the ethanol in storage came from?
You need to read business journals and investment bulletins a little
more.
Thanks for playing.
can't do numbers, eh? even if all in storage were imported it would
still be less than 10 percent of domestic production in 05. Point at a
link to "investement journal" or other source that says different.
Perhaps you are confused about future projections rather that present
situation.
del
--
Del Cecchi
"This post is my own and doesn’t necessarily represent IBM’s positions,
strategies or opinions.”
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