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Sorry, I didn't understand completely what the subject was about. I agree
nothing will probably completely replace oil. Actually have never heard
anyone say or think that we can. But in the distant future who knows.
I was just saying that ethanol has been around and used it seems forever,
and works great. And it is by far the best idea as far as energy for autos
as of today and the near future.
Works great and is a great idea. But a small part as far as energy goes.
Maybe in the near future we will be able to mix over 20% with gas.
If we could possibly get close to 50% mixture, things would be looking up.
Battery and hydrogen. Need some work.
Maybe a car that runs off of water? But, most think that water will be the
most precious commodity in the future. So that would seem dunb down the
road.
----- Original Message -----
From: "Alex Matulich" <alex@xxxxxxxxxxxxxx>
To: <omega-list@xxxxxxxxxx>
Sent: Thursday, July 03, 2008 12:07 AM
Subject: Re: stock to buy- GPRE
PR:
Ethanol seems to be part of the future and works great for us.
A small part. Tiny, in fact.
And it will always be a small part, never replacing oil.
According to http://www.oecd.org/dataoecd/52/25/36760950.pdf (pp
10-11) ...if ethanol were to replace just the U.S. petroleum use,
it would require about 75% of ALL cultivated land on the planet,
leaving almost nothing left for food, and no ethanol for other
countries.
But it will probably always be around at some small level as long
as we're using petroleum, and as long as taxpayers are willing to
subsidize its production.
Back to the subject of GPRE stock, it's probably a good short-term
play. I just want to caution folks about jumping on an alternative
energy bandwagon because of a popular/political misconception about
the long-term future of a specific energy source. Ethanol doesn't
seem like it will ever be practical on a scale large enough to
matter. Short term, it looks good. Long term, it would be best to
find some other alternative energy market to invest in. That's my
opinion, for what it's worth.
-Alex
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