RE: Brin: On Gasoline
I think that something is missing in the charts that argue for a great drop in gasoline. If you look at the official gasoline consumption chart, it gives a very different story: http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PETs=MGFUPUS1f=M There's been a 10% drop since the peak in 2007, but we're at the 2001 levels. If you look at the 78-81 drop it was 50^ bigger, and consumption doesn't hit the 78 numbers until '93 even though prices went through the floor in '86. And, ethanol has been a highly subsidized substitute, which should lower gasoline consumption about 3%, even with fuel consumption constant. In other words, someone is manipulating numbers. Dan M. ___ http://box535.bluehost.com/mailman/listinfo/brin-l_mccmedia.com
Re: Brin: On Gasoline
Dan Minette wrote: And, ethanol has been a highly subsidized substitute, which should lower gasoline consumption about 3%, even with fuel consumption constant. BTW, isn't it funny that, in 2011, Brazil was a huge importer of USA's ethanol? So, the american taxpayers are financing brazilian sugar exports. Alberto Monteiro ___ http://box535.bluehost.com/mailman/listinfo/brin-l_mccmedia.com
RE: Brin: On Gasoline
BTW, isn't it funny that, in 2011, Brazil was a huge importer of USA's ethanol? So, the american taxpayers are financing brazilian sugar exports. Yes, it shows that that the most critical factor in determining America's interest is who wins the Iowa caucus. Dan M. ___ http://box535.bluehost.com/mailman/listinfo/brin-l_mccmedia.com
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