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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.” |