Group: Members
Posts: 76
Joined: 19-April 08
Member No.: 44,244
Location: USA
Drives: 2008 Hyundai Sonata Limited Status: OFFLINE
I know Ethanol is made from corn but I heard they can make it from other produce even garbage. It would be fair to say that Ethanol may price itself out of usefullness requiring 100 % gasoline to resurface. I am not sure how that will effect prices since some claim that it is not supply driving the prices right now. Case in point would be the argument that is being directed toward the Saudi King who thinks an extra 200K barrels per day will bring prices down. Anyone have a viewpoint on this ?