The president of OPEC still has not offered an explanation for his bizarre claim that ethanol is responsible for 40 percent of the rise in oil prices.
One thing is undeniable: Biofuels add to the world’s fuel supply — and one needs only to have sat through the first day of Economics 101 to understand [...]
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Fuel for Thought
- 07.17.2008 - Is OPEC Losing It?
- 07.15.2008 - Voters Want More Ethanol
- 07.10.2008 - The New Normal
- 07.08.2008 - “Secret” Report Revealed
- 07.03.2008 - Big Chicken Cries Foul
- 07.01.2008 - Energy Independence Day
- 06.26.2008 - Global Production Boom
- 06.24.2008 - Case Soon to be Closed
- 06.19.2008 - Stocked Up
- 06.17.2008 - Speculate on This
- 06.12.2008 - Good Answers
- 06.10.2008 - HIGH OIL PRICES: A REAL DRAG ON THE ECONOMY
- 06.05.2008 - Popcorn-Gate!
- 06.03.2008 - The Big Pinch
- 05.29.2008 - Franken-Stat
- 05.27.2008 - 500 MPG
- 05.07.2008 - Oil in Your Corn Flakes
- 05.07.2008 - Priming the Market
- 05.01.2008 - Savings at the Pump
- 03.25.2008 - Pushing the Ball Forward…Today
- 03.20.2008 - The Greatest Hope
- 03.11.2008 - Big Dividends
- 03.06.2008 - E20 Passes Big Tests
- 03.04.2008 - “Insourcing” Green Jobs
- 02.28.2008 - Pipelines For Ethanol
- 02.26.2008 - Ethanol & Ice Cream
- 02.22.2008 - In Case You Missed It: T. Boone Pickens On Oil
- 02.21.2008 - Toxic Catastrophe
- 02.19.2008 - $100 Oil Blues
- 02.15.2008 - Science V. Speculation
- 02.14.2008 - Yankee Ingenuity on the Farm
- 02.14.2008 - Stifling Demand for Gasoline
- 02.12.2008 - Our Buddy Hugo
- 02.05.2008 - Race to the Future
- 01.31.2008 - Renewable Growth
- 01.03.2008 - 2 Billion Tons of CO2
- 01.02.2008 - The True Cost of $100 Oil
- 12.20.2007 - Cellulosic Boom
- 12.18.2007 - No Oil ’til March
- 12.13.2007 - A Convenient Solution
- 12.11.2007 - Food Price Red Herring
- 12.06.2007 - Toxic Chemicals
- 12.04.2007 - 8 Cents a Gallon
- 11.29.2007 - Kicking Fossil Fuels
- 11.27.2007 - Oil Spill After Oil Spill
- 11.20.2007 - Gassed Up Turkeys
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Fuel for Thought
Is OPEC Losing It?
Voters Want More Ethanol
“The on-going campaign to force the nation to revisit and reduce its commitment to ethanol has failed to move most American voters,” says a new national poll.
In fact, “by a 2:1 margin, the public supports increased use of ethanol in our nation’s fuel supply.” And that majority consensus “crosses party lines, capturing conservatives and [...]
The New Normal
Get used to $4 gas — the Energy Department says you’ll be shelling out at least that much through the end of next year.
The latest edition of the Energy Information Administration’s Short-Term Energy Outlook estimates that oil will average $127 per barrel this year and $133 per barrel next year, driven by “significant demand growth [...]
“Secret” Report Revealed
It was a big scoop: On the eve of this week’s G8 summit, The Guardian reported Friday that a “secret” World Bank study had concluded that “biofuels have forced up global food prices by 75 percent — far more than previously estimated.”
The British paper quoted “senior development sources” who surmised that the World Bank report, [...]
Big Chicken Cries Foul
It turns out that Texas Gov. Rick Perry’s request for a waiver of the Renewable Fuel Standard was prompted by a March meeting he had with big-time East Texas poultry producer Lonnie “Bo” Pilgrim, co-founder of Pilgrim’s Pride Corp., who six days later gave $100,000 to the Republican Governors Association chaired by Perry.
This comes as [...]
Energy Independence Day
America currently produces enough gasoline and biofuel domestically to meet U.S. demand for 149 days of the year — equivalent to January 1 through May 29. It takes imported oil to make up the difference during the other 216 days on the calendar.
But the country could substantially alter that balance in 2009 by expanding domestic [...]
News Releases:
USDA Finds Ethanol Not a Major Factor
View USDA Food and Fuel Slides
(Omaha, Neb.) – The total global increase in corn-based ethanol production accounts for only 3 percent of the recent increase in global food prices.
After the hype, hysteria and spin of the ongoing “food and fuel” debate, these facts from the Council of Economic Advisors provide further proof the ethanol industry [...]
Consumers Save $142 A Year On Coasts, $241 In Midwest, As Ethanol Production Extends U.S. Fuel Supply and Holds Down Gas Prices
View Chart
OMAHA, NE (May 8, 2008) — With gas prices in some cities nearing $4 a gallon, new research has confirmed that ethanol is saving U.S. drivers money. On the coasts, where gas prices are especially high, drivers are saving an average of $142 a year on regular unleaded. In the Midwest, they are saving [...]
More Americans Worry about Energy Issues, Poll Finds, Than Home Foreclosures, Jobs or Global Warming
View Survey Results
Omaha, NE (April 23, 2008) — When it comes to energy, Americans worry most about
dependence on foreign oil.
Almost half of the 1,200 voters polled by Peter D. Hart Research Associates Inc. rate imports one of their two biggest energy concerns. A distant second is the lack of viable alternatives to fossil fuels.
The [...]