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| General Discussion Please read our Forum Rules before posting Feel free to talk about anything and everything about money. |
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cptacek wrote:
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VJW wrote: Quote:
Regarding your impolitic rebuttal ("no it doesn't"), my answer to you is "yes it does." You can claim bias on either side of the issue, but the fact is the farm lobby in this country is about as powerful as the oil lobby - both are totally despicable money pits and ecological disasters. I hope you are familiar with the most hated anti-gasohol study to date, if not here is the abstract: Quote:
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PLEASE. Dont give Bush any credit for something that was happening with or without any of his concern. |
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FFVs There are already more than 5 million flex-fuel vehicles currently on the road today, and between GM and FORD, they will be adding an additional 600,000 just during 2006. # |
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VJ wrote:
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Your wholesale price of ethanol ($0.90) is wrong as I've already explained clearly. Give me another bid or show us the evidence (show me the money). ![]() |
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VJW, if you read the link you gave closely, most models precede with "Selected" and I only count three models that are fully compatible with E85. I don't buy that there are 5 million flexfuel vehicles on the road but even if that number is correct, that only represent about 2.5% of cars in the US (204 million cars in the US). The promises of ethanol reminds me of 1999-2000 when dotcoms were going to be the solution to all businesses.
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Toyota seems to be banking on the hybrid technology but are also coming up with flexfuel vehicle for Brazil next year that will run on 100% ethanol.
http://www.washingtonpost.com/wp-dyn...061300213.html |
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B) It’s not “wrong”, as that’s the quoted price. C) Your so-called explanation is nonsense. Quote:
From a report in the ‘Farm Bureau News’ of about a year ago, when the wholesale price of ethanol was even slightly cheaper: “By any standard, ethanol is a bargain. Yet, you have to wonder why ethanol is so hard to find at the pump in some regions, especially when wholesale ethanol prices are $1.20 per gallon, compared to $1.70 for wholesale gasoline. When the federal ethanol tax credit of 52 cents is factored in, wholesale ethanol prices drop to about 70 cents per gallon. That’s nearly $1 less than the wholesale price of gasoline.” FBN The ball is in your court. # |
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“Voluntary” does not work with multi-national corporations. # |
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B) It is therefore "wrong" see A above C)Your so-called explanation is therefore "nonsense." Quote:
I recommend you go the library and look up the article about ethanol-fuels in the Economist from last month. That's a liberal British mag with no financial ties to either side, thus a more than balanced view on the matter. Quote:
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How about a quote from a RightWing front group ? Would that be more comfortable for you ? "At present the wholesale price of ethanol is 30 to 40 cents per gallon cheaper than wholesale regular unleaded gasoline. When the federal ethanol tax credit is factored in, ethanol becomes nearly $1 per gallon cheaper than the wholesale price of regular unleaded gasoline." National Center for Policy Analysis Quote:
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2) the wholesale price of petroleum from 7 years ago is less than $1.00, so doesn't that blow the living $h!t out of your argument? 3) consumers don't pay wholesale price anyway so why is this point the lynchpin for the ethanol argument? Quote:
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Believe in whatever alternative reality you like.
I had spoken with the manager of a regional fuel distribution depot, who quoted me the price of $.90/GAL for wholesale ethanol and more than $2.00/GAL for wholesale gasoline, which have both been substantiated in the markets. Your ignorance is too tiring for me. # |
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Had an interesting phone conversation with my brother over the weekend. He told me he stopped at a gas station in South Carolina, and the price at the pump for Regular gasoline was $2.79/GAL and the price at the pump for E85 was $2.29/GAL.
Gee, I guess the station owner MUST be paying $3.00/GAL wholesale for the E85, and selling it for $2.29/GAL at the pump, and after sending the feds and the state the $.35/GAL in gas tax, racking up a $1.06/GAL LOSS on each gallon he sells. What a concept. # |
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