Jed Rothwell wrote:
I believe it would take more like 10,000 acres ... Farmland
in Illinois costs between $3,000 and $5,000... so this would
be a $40 million investment for the land alone, processing
equipment would bring the cost up to $140 to $200 million.
That is probably fairly accurate in sum, maybe even on the low side for
the equipment but high side for the needed amount of land... but it
still makes for an enticing proposition, especially in the larger
geopolitical picture.
Even if the whole deal were a 'wash' i.e. a break-even proposition at
current fuel prices, it does several very important things -- more so in
the context of there being a thousand Peoria's ...
It puts a cap on continuing price gouging by OPEC and Exxon etc, but
mostly...
It keeps that money out of the hands of our Arab and OPEC enemies, who
are known to support Al Quaeda and other terrorists.
And it is more carbon neutral. All-in-all, for everyone except big-oil
and the War-mongers, it is win-win....
This is an interesting idea, but it does not help to oversell it.
...moi ? try to oversell it ? naaaah ;-)
Jones
