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| A friend of mine called me as he had watched a presentation by Neil Harl, an ISU professor, whom I have never met, but apparently has the reputation of "having his feet on the ground" wherein Harl raised the political risk questioning whether the politicians will remain committed to ethanol if things cool down in the Middle East- I suppose that is a risk and I know there is continuing controversy about the efficiency of ethanol. However, oil consumption continues..and it would appear to me, in the short run, bio products whether oil seed based, corn based or cellulose based appear a genuine, legitimate source of alternative fuels only lacking appropriate distribution. Personally, I think the underlying agenda among political types is the potential increase in the cost of food. If you convert the price of premium beer, soft drinks and bottled water to metric tons, a ridiculous exercise I admit, petroleum still looks cheap and the consumer has no aversion to spending plenty of money on beer, soft drinks & bottled water. I am interested in the views of producers and anyone who might know if the industry is making an effort to address the local storage capacity for ethanol or generating ideas on distribution. | |
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