Want to know the real reason that gasoline is topping out at over $3 a gallon?
Can you say overregulation boys and girls?
I was glad that Mr. Du Pont pointed out the Green's fallacy of ethonol as a substitute. It really isn't a cost efficient fuel in the long term. When the cost of production is only one barrel (of fuel) less than the end product produced, it certainly isn't the panacea that the tree hugers would have us think it is.
Posted by Delftsman3 at June 21, 2006 04:19 PM | TrackBack...
That's bullshit, too.
The reason gas costs "as much" as it does is called "inflation". If gas prices had kept up with inflation, we'd be paying $4 and $5 a gallon. We're not. So, gas prices are actually LOW.
Good grief, it seems everyone forgets basic economics, when it's there pocket book.
Do you know how much more it costs me, per month, to fill up my gas tank? A whopping $10. So, I don't buy two packs of smokes in a month. Whoop-de-do.
Posted by: the Humble Devildog at June 21, 2006 09:37 PMIf you remember, Delfts, Steven den Beste did an analysis once of alternative fuels and came up with pretty much the same conclusions. I remember one point he made was that if you wanted solar power to generate electricity to run California, you'd almost have to cover the state with solar panels to get enough juice. Now wouldn't that raise hell with trying to grow corn to make ethanol?
Posted by: LC Steve at June 22, 2006 01:09 PMHDD, I agree that that fuel costs really aren't that high when inflation costs are factored in; I just contend that they could be even cheaper if we would
build up our refining/production capacity.
And that, at least at present, there are no economically viable alternative fuels, other than in a limited, supplemental capacity, and they are not evonomical in some respects due to overarching regulations.