I think its funny about biofuel?

Question

oil companies are investing and creating biofuels. They are still making money out of the process, or will, and it will only cost a little less then gasoline. Which will make consumers less likely to use it. consumers must pruchase newe cars with the BI-fuel capability and still pay inflated prices for fuel period. Even with ethanol. the car manufactures and oil companies are buddies, friends and this way the get the praise for being "green" and the good public image but the consumer doesnt benefit at all. this sucks

whats do you guys think about this problem?

if the car manufactures make cars able to go 60-80 realistic MPG on hte road during traffic then the oil companies make less. So the oil compnaies give kickbacks to the auto makers. If you were the auto company wouldnt you want to protect your profits? also biofuels is not an answer to oil consumption or global warming, but it is a "in the mean time" intermediary.

Answer 1

We the people in order to form a more perfect union must vote to dislodge the very thing you fore mentioned!!!

Answer 2

That doesn't explain why oil companies are the largest opponents to biofuel. They are treating ethanol as a threat right now. Most of them are funding the publicity of a discredited study that says ethanol doesn't work or such nonsense.

The truth of it is an ethanol plant could take the left over material after ethanol production and use it has the primary fuel source which would cut out fossil fuel products all together. Also it is not oil that is being consumed in the making of ethanol, it is natural gas or coal typically. Oil companies don't make much from either of them.

As far as price, that is market driven. If biofuel comes out of a grand scale, it will lower the price of gas and cut oil companies' profits. Production capacity is the problem right now.

Answer 3

I think you're wrong. The oil companies are scrambling to get in on the trend toward bio-fuels. They see their "only game in town" threatened by true alternatives. The price of alternatives for a while will be high, as you state, until it gets more underway. Industrialists are beginning to see the real future and potential, so bio-fuels production is really gearing up. I don't think the car companies really even give a tinker's damn what the oil companies want.