On Feb 3, 2006, at 12:56 PM, Jed Rothwell wrote:

Basically, ethanol can be viewed as a scheme to rob the taxpayers and wire transfer the money to Saudi Arabia.


Shows how wrong my thinking can be. I was convinced it was a scheme to transfer the money to Archer Daniels Midland (ADM).

http://www.admworld.com/naen/fuels/

http://www.cato.org/pubs/pas/pa-241.html
http://www.taxpayer.net/bailoutwatch/ethanol.htm

any bets on deisel in the future?

http://www.iags.org/n012104t4.htm

To be really efficient at money transfer without producing energy why not burn shale oil to fuel the ethanol production? At least that would have a positive effect on the balance of trade. 8^)

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