Living in Harris county, I can't even buy ethanol free gas.
Grassley know's quite well what he's doing and who's paying the tab for that bacon he's bringing home, just as every other corn state senator does - I haven't seen the vote breakout from the Senate but can't imagine it being much of a surprise.
Politics masquerading as energy policy.
-- Edited by catahoula on Wednesday 15th of June 2011 08:47:54 PM
Sen Grassley said today that removing the tax credits for grain alcohol production ($5billion) will be an tax on the population since the credits reduce the cost of production.
Does Grassley think we are really that stupid? I wonder if he remembers when gasohol was mandated and pump prices went up 3-7cents per gal. Energy security they said but they didn't tell you that you also got less power-less milage and that small gas engines needed to be refitted for gasohol. - I'm still paying for the gasohol to fuel my autos, couple of $$hundred to repair the small gas engines, and paying $0.75 more for alcohol free gas for these engines.
And where does Grassley think where the $5bill of credits are coming from? From today's balanced budget or future interest ?
-- Edited by longprime on Tuesday 14th of June 2011 07:29:56 PM
I was watching Jim Cramer's Mad Money, He had a CEO of a NatGas drill-production company; CEO said that they are getting out of the gas exploratory business and into the gas storage and transportation business. He said that drilling for NG is a money losing business because the new technology of gas fracturing is far cheaper than drilling and that USA has a surplus of NG for decades. Problem is getting the gas where its needed and then storing it during peak times.
And other CEO of Cramer's said that they were likewise getting out of NG drilling and into oil drilling where there is more profit.
Daniels (?) of ADM said about 8 years ago on 60 minutes, that he would like the Government/Congress to get out of the commodity business of corn. That they can do just fine without Congress's interpretation of markets and what can-cannot be profitable. [ADM may be in a squeeze, corn is scarce and they got to feed corn to their alcohol plants to sell on to the gasoline people. ADM didn't hedge enough]
It's hard to find anyone who likes ethanol, other than Mid-west farmers, ADM, and the scum-suckers who do the Iowa caucus beauty walk.
Speaking of the last, could someone tell me exactly why Iowa gets to exert such a disproportionate effect on the chosing of presidential candidates?
Back to the topic, I'll admit that I'd prefer a minimalist approach when it comes to energy policy:
- Make it legal to shoot both the CEO's of chronic polluters and the heads of environmental groups that exist mostly as employment vehicles for those who can't find real work. Neither of them are doing any good for anybody, since each is only justified by the existence of the other.
- Let the economics of differing energy sources determine which are used, rather than allowing the political process. The track record of each should be considered, in other words.
- Drill.
-- Edited by catahoula on Tuesday 14th of June 2011 04:13:13 PM
Since where we live, Oregon, Gas is mandated with E10.
IMO, USA is going to be short corn due to weather issues. High corn prices means higher ethanol prices, which means higher gasoline retail price. Only the corn farmer wins since they run on diesel.
too bad we have an illegal tariff on Brazil's alcohol.
too bad we don't allow any imports from Cuba, including cheaper sugar.
-- Edited by longprime on Saturday 11th of June 2011 09:00:38 AM
Ford will soon produce a competitor to General Motors' Chevrolet Volt. The new van-like compact car, due out next year, will be available in the U.S. in two hybrid versions. One of those, the C-Max Energi, will be a plug-in hybrid with capabilities similar to those of GM's Volt but with a much longer total driving range. The other version, the C-Max Hybrid, will be a standard hybrid, similar to the Toyota Prius or Ford's Escape Hybrid.
I really love my Prius. Very roomy, quiet, and comfortable for a small car. I can fill up my gas tank, that lasts forever, for less than $30. I can fit 2 bikes inside the car, and it drives great. The only negative is that it is so quiet people don't hear you when you are going slowly, and I fear for bikers/walkers safety if I was not to see them. I haven't seen anything that comes close in gas mileage and comfort, to the Prius.
I do not disagree about the way women are treated in many parts of the Middle East.
I do disagree with the point made in the link by GM that we should charge more for gas so we can force consumers into a certain type of car based on their profit margin.
I have never driven a muscle car, sadly. However, I have driven some crappy cars, and many of them are from the big three auto companies from the US. The engineering hasn't been superb, the comfort or the gas mileage. My next car won't be a Chevy or a Dodge or a Ford unless they are not only reliable and affordable and have predicted longevity of use.
The Volt may be a wonderful car to drive. It's also out of my price range and likely will be for years to come. It would have been out of my price range even when our family was doing well before my husband lost his job in 2011. I would be much more inclined to buy a Prius or a Hybrid type vehicle based on experience of friends and family who have driven them for years - based on knowing that the car will have longevity and I can own it for a long time, hassle free.
Also, there is the element of practicality when it comes to these vehicles. If you are a certain type of consumer, then this car might be the right choice for you. If you live in a home with a garage or available electrical outlet to charge for 10 hours straight each night, it would work well. If you don't consume a lot of electricity in your home already, then the cost of charging won't ding you too hard, either. If you don't have to transport a family or run carpool with sports gear in the back, it might work, too.
For me, I downgraded our minivan to a small economy car by Dodge a couple of years ago thinking I would save money. Would I do it again? Nope. It's uncomfortable to drive, there are built in blind spots that I didn't notice in the test drive, the mileage has not lived up to the hype and the headrests are designed by people who must not have ever actually tried them out on human passengers. All things that weren't obvious when I was shopping on the showroom floor. I got a good deal. That's the only saving grace to this car.
I think it is a good idea to reduce our use of petro fuels. I also know that when I generate more than a certain amount of electricity use in my home, my tier prices go up. Not sure how this works for other people. It doesn't affect me nearly as much since we got solar panels in 2005, and fortunately we live in an area that gets a lot of sunshine year round. Before we got the panels, our energy prices tripled and after that time, were subject to rolling brownouts to conserve the power grid. However, there are still costs to pay for the solar and/or electricity to fuel our homes.
New technology is expensive. I like the idea of the Volt, I do.
Pedal up our road (300 ft elevation rise in 3 miles) without too much effort. Amazingly I even accelerated going up hill. Bike works like a Prius, Assists in acceleration and then cuts out once you are at speed. Didn't like the seat, but that's a minor issue. Also couldn't find the light switch. Needs a speedometer and a horn- a loud horn.
If you have driven the volt you would know my comments were sincere. before critizing the volt, go drive one. No, it's not a muscle car, but if you need a muscle car to drive to your daily events and activities, you are probably a bad driver. the volt represents freedom. Doesn't it bother anybody that we are sending billions and billions of petrodollars to the middle east to prop up the worst regimes in the history of the world? They treat women like property. If you are a woman, how would you like living there? If you have a daughter, how would you like for your daughter to live there? When south africa was segregated we all of a sudden became very moral and could not trade with a racist country. I guess that was because they did not have oil. What Saudi arabia and Iran do to woman is almost as bad as slavery. Their religion is full of hate and intolerance. They are failed cultures and we should not be supporting them.
I have driven the volt. It's a great car, just very expensive because it is new technology. It would be great if everyone drove a volt. Iran and the middle east would go under. I would love to see that.
I am in favor in removing tax incentives to producers. This will raise pump prices and make producers seek and produce energy fuels based on markets rather than for the tax breaks.
Akerson said he would support a jump in the gas tax if it came instead of tighter fuel economy regulations that GM (GM, Fortune 500) and other automakers will have to meet in coming years. By the year 2025, automakers could be forced to hit fuel economy averages of as much as 62 mpg.
In essence to Akerson it would be easier for his company, let the little people be darned.
I wonder what Bernanke thought of his remarks, since he stated today the reason our economy is sluggish is in part due to the fuel cost issue.
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Raising a teenager is like nailing Jello to a tree
This guy should shut up. It is not consumers' fault that the Volt sucks as a car. If GM wants more people to buy their products, perhaps they should MAKE BETTER PRODUCTS.