Larry Gude
Strung Out
OK people. I fix.
You get about 300 gallons of ethanol per acre of corn. We need 600,000,000 acres of corn, per year, to make enough ethanol to REPLACE gasoline 100%. We have 900 million acres of farm land in production right now. So, 2/3 of our field food is out the window. We're too fat anyway, so screw it.
You get about 180 bushels of corn per acre at about $2.50 a bushel or $450 an acre.
Wholesale gas is about $2.00 a gallon so it stands to reason that ethanol should be about the same. That's not exact because you'll use some 1.5 gallons of ethanol where you would have used 1 gallon of gas. Don't worry about the factors. Just trust me for now. So you'll shut up about it, we'll correct for gas = ethanol and say that ethanol should only bring $1.35 gallon.
So, 300 gallons (I've read 328, but what's 10% among friends and Exxon share holders?) times $1.35 is $400. 328 times 1.35 is $442 or = to corn.
Now, at present, the best ethanol plants can do is produce ethanol at about $2.20 a gallon, or, lose $.85 a gallon. This is why ethanol is presently subsidized by the federal gov...oops...by YOU AND I.
This will change in time as the supply grows and market efficiencies go to work.
Ethanol is also not as bad for the environment for you mother earth types.
So, we don't need no stinkin' gasoline. Just be prepared for Doritos to go through the roof.
I'll fix that later.
You get about 300 gallons of ethanol per acre of corn. We need 600,000,000 acres of corn, per year, to make enough ethanol to REPLACE gasoline 100%. We have 900 million acres of farm land in production right now. So, 2/3 of our field food is out the window. We're too fat anyway, so screw it.
You get about 180 bushels of corn per acre at about $2.50 a bushel or $450 an acre.
Wholesale gas is about $2.00 a gallon so it stands to reason that ethanol should be about the same. That's not exact because you'll use some 1.5 gallons of ethanol where you would have used 1 gallon of gas. Don't worry about the factors. Just trust me for now. So you'll shut up about it, we'll correct for gas = ethanol and say that ethanol should only bring $1.35 gallon.
So, 300 gallons (I've read 328, but what's 10% among friends and Exxon share holders?) times $1.35 is $400. 328 times 1.35 is $442 or = to corn.
Now, at present, the best ethanol plants can do is produce ethanol at about $2.20 a gallon, or, lose $.85 a gallon. This is why ethanol is presently subsidized by the federal gov...oops...by YOU AND I.
This will change in time as the supply grows and market efficiencies go to work.
Ethanol is also not as bad for the environment for you mother earth types.
So, we don't need no stinkin' gasoline. Just be prepared for Doritos to go through the roof.
I'll fix that later.