Posted 11/24/2013 14:05 (#3466222 - in reply to #3465761) Subject: RE: Just a comment on Ethanol energy balance.
North central, IA
Thank you. This is the relevant point which most people miss. In a market based system, a common currency is used to value things. We don't use squirrels teeth, or sea shells, or net energy. We use dollars. And right now, with 4.50 corn and 90whatever crude, ethanol is highly competitive.