For now. It costs more to make a gallon of ethanol than it does to make a
gallon of gas.
[mailto:cpf0000-bounces+nelsonp=speakeasy.net@xxxxxxxxxxxx] On Behalf Of
Sent: Wednesday, November 07, 2007 10:46 AM
To: Open discussion among iSeries Users
Subject: Re: [CPF0000] Bread and Butter Issues
Around here E-85 is cheaper.
Paul Nelson wrote:
It's the price of diesel fuel. That stuff is delivered in trucks. Dieselwater
here has gone up almost 75 cents in the last two weeks.
A bigger issue is the water supply in the Midwest. The Oglala Aquifer is
about 100 feet below normal levels because of all the guys using extra
to irrigate to grow corn for ethanol that will never sell. People are notOn
going to spend more for a gallon of E-85 than a gallon of regular gas.
From: cpf0000-bounces@xxxxxxxxxxxx [mailto:cpf0000-bounces@xxxxxxxxxxxx]
Behalf Of Wayne McAlpine
Sent: Wednesday, November 07, 2007 9:08 AM
Subject: [CPF0000] Bread and Butter Issues
Food prices seem to be rising at a breathtaking rate. The conventional wisdom is that it's due to the shifting of corn into ethanol production, but I can't understand why the price of a 12-ounce can of frozen orange juice concentrate would jump from $1.99 to $2.55 in a two-week period. Are we headed for the day when it will take a wheelbarrow full of money to buy a loaf of bread?
The dollar is at an all-time low against all of the major currencies of the world and sinking fast. The only thing that seems to be coming down in price is plasma tv's, but how many of those can you buy? Scary.
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