Surplus of ethanol in America What do you think of the biofuel market?

Question

Recent surplus in Ethanol has plunged 30 percent. The falling price of ethanol comes in sharp contrast to the rise in crude-oil prices.

Answer 1

i'm really not that big into bio fuel, american croplands are diminishing at an alarming rate. personally i live in a county known for some of the richest farmland in america. strike that, add used to be. now it's all covered up by malls and housing developments.

america needs some radical new thinking. a hundred years ago this was an agrarian society, today, after a century of poor decisions, the air is poisoned, lakes and rivers are toxic, the forests are decimated, croplands are disappearing, the heat of cities, factories, and automobiles creating global warming. we're killing ourselves and most people can't even see it, or don't care.

we need to stop the madness.

Answer 2

Well, I'm concerned that Ethanol won't even be worth the trouble until all farm equipment used to harvest the corn AND the trucks used to deliver it call all take nothing but ethanol.

I'm not nearly as well informed about Ethanol as I probably should be, but it seems rather pointless if all the farmers and some of the truckers still have to use diesel and other crude based fuels.

I do, however, look forward to the day though that all vehicles with engines are able to use bio fuels.

Answer 3

Economy scale at work with ethanol there, but the price the comsumer pays is higher food price. Bio-fuels as potiental if money is directed towards increasing production, and lower costs to the point where subidies are not needed to make fuel at about 3 dollars a gallon or less. Switchgrass, and other products can be used to make the biofuel. The price of making the product starts out really high, but with increased efficency the price starts to decline over the long term as new techonologies, and methods of extraction are used to make the fuel. Oil will still be around, but I think taxation of oil based gasoline should increase and ethonal, and biodisel base gasoline should be subidized. Still, make sure incentives are used to use products that dont effect food production, and traiffs on oil should be used to encourage innovation.

Answer 4

as long as the oil industry has oil men in office do you really think that they are serious about alternative fuels such as bio diesel or ethanol. It will only happen when they have attracted the last dollar possible from the citizens then and only then will you see alternative fuel vehicles so since you have to have more fuel than ethanol anyway to make it run of course the cost of fuel will be more than that of ethanol but if people would study history more they would know that at the start Henry Ford designed the car to run not on oil but ethanol

Answer 5

I'm not an investment specialist, but I think we should support the biofuel market. America has long had some of most agriculturally productive land in world, and growing our own fuel would decrease our dependence on terrorist-sponsoring nations. Also, since the carbon that is burned in biofuels ultimately comes from the atmosphere, a switch to biofuels should decelerate to build up of carbon dioxide in the atmosphere and slow global warming. Finally, I like the idea of biofuels providing more profit potential for our family farmers. These people have done a lot to support our nation, and it's a shame that many of them have a constant struggle with bankruptcy.

Answer 6

Ethanol isn't going to be a good solution for the fuel economy and it's only going to hurt the global market for corn

we have to use legitimate alternative energy like hydrogen

Answer 7

The ability of Bio fuels to completely replace Petroleum at our current consumption levels is a myth, especially for Ethanol.
Ethanol only has an energy turn over rate of 1.4

A better option would be to use Bio diesel, which has an energy turn over rate of 5 if produced from virgin feed stock, and then use it in plug in hybrid/diesel vehicles that draw their power from an increasingly green electrical grid.

Answer 8

Ethanol and bio fuels are not a solution. Grains to make gooking oil and ethanol are produced, fertalized, and harvested by using OIL .

So, there is no getting around this...

How is cooking oil made? From planting, to fertalizer, to harvest, to production, to the plastic container in comes in is all fossil fuel based.

Same with ethanol.


Wind, hydrogen and solar are the only viable solutions with very low amounts of OIL needed.

Answer 9

Go Bio Willie. Carls Corner TX.

Answer 10

my thoughts,make alcohol without adding anything else. we don't seem to have a problem having the ingredients to supply alcohol to drink.