The push is on (by the oilman president, no less) to adopt Ethanol (derived from corn) as a gasoline subsitute. But, as it turns out, the massive agribusiness lobbies may be behind it all. Apparently, more efficient sugar cane produced ethanol from Brazil could be pumped into the U.S. at much lower prices, but there are (so much for free trade) high tariffs put on it by the American government. So, will Americans dispense with $2.40 cent gasoline for $3.98 ethanol? Will the agricultural industries in America become as strong and thuggish as those in France? Will market-driven downward pressure on prices (you know, from competition?) drive down the price of ethanol, or will the farmers be rioting in Washington like they do in Paris every year? Stick with gasoline, the price of ethanol is not worth it.
- posted
18 years ago