Posted by mkirsch on July 18, 2008 at 12:08:27 from (64.80.110.50):
In Reply to: e85 use it posted by garytomaszewski on July 18, 2008 at 11:41:28:
Neither of you has the entire story straight...
Ethanol is a GOOD thing from the standpoint of government subsidies. Brings the value of corn up, so we taxpayers don't have to subsidize it.
The price you're getting for corn now being "more in line?" You spend all your newfound "profits" buying the $5/gallon diesel and $2000/ton fertilizer to grow and harvest the stuff, not to mention the higher prices for equipment and parts due to sharp rises in the prices of steel and shipping. Corn growers are no better off now than when corn was $3 a bushel.
Corn is a false economy for ethanol. Ideally, you get 1.3 times as much fuel energy out as you put in. That's if the farmers are using late-model efficient equipment. Plow your land with a 1066, harvest with a 915 combine, and draw it to the mill with a 1973 Ford truck like many smaller producers do, and it takes a lot more fuel to get the job done. In the end we may be on an energy exchange ratio less than 1, meaning we're using more oil energy than we're getting back in ethanol.
At the pump, you get 25% lower mileage out of E85 than straight gasoline. At $4.25 a gallon, if E85 is "70 cents cheaper" than gas, it's only 16% cheaper. You're spending MORE to fuel your car with E85 than gas.
What corn ethanol is is a "warm fuzzy" for people who can't / won't think.
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