Ethanol: Behind the Buzz
Ethanol: Behind the Buzz
By Keith Lieberthal - TheStreet.com, 19 Apr 2007
From the White House to Wall Street, ethanol has moved to the heart of national debate about energy...Its champions promise that it will win energy independence for the U.S.; aid its farmers; weaken hostile oil-subsidized regimes in Tehran, Caracas and Moscow; and better the environment. But the skeptics see little more than a massive agricultural subsidy dressed in patriotic and green rhetoric.
What's the real story? Read from this detailed report from The Street
By Keith Lieberthal - TheStreet.com, 19 Apr 2007
From the White House to Wall Street, ethanol has moved to the heart of national debate about energy...Its champions promise that it will win energy independence for the U.S.; aid its farmers; weaken hostile oil-subsidized regimes in Tehran, Caracas and Moscow; and better the environment. But the skeptics see little more than a massive agricultural subsidy dressed in patriotic and green rhetoric.
What's the real story? Read from this detailed report from The Street
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I have one data point that counters the idea that ethanol will make us independent of foreign oil. I did my own study with my 2000 VW Beetle where I drove roughly 2700 miles using 10% ethanol blend and achieved 22.93 mpg. Then I drove roughly another 2700 miles using pure gasoline (no ethanol!) and achieved 26.24 mpg. The pure gas gave me a 14.4% improvement in gas mileage. So, I actually used more foreign oil when I fueled my beetle with the 10% blend - 2.98% more after you subtract the 10% ethanol component produced here at home in the US.
Now I’ll be the first to admit that my study is far from scientific, but I hope to reproduce it in the next year or so and correct the errors identified in my process the first time around. If you are interested in additional details feel free to contact me at “navy_sub_guy@yahoo.com”.
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Now I’ll be the first to admit that my study is far from scientific, but I hope to reproduce it in the next year or so and correct the errors identified in my process the first time around. If you are interested in additional details feel free to contact me at “navy_sub_guy@yahoo.com”.
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