Chevron Hawaii opened their first gasohol station today. Hawaii is the first state to require gasohol for all fuel. It was an attempt to rekindle the Hawaiian sugar industry, which has since gone kaput. Read more here.
Ethanol plant construction business is described as a "dot com-like atmosphere". Read more here.
"A report published by the California Research Bureau (CRB), at the request of state Sen. Richard Alarcon, estimates that California could produce as much as 1.5 billion gallons of ethanol if green wastes are utilized as a feedstock." Green waste is composted plant and wood material. Read more.
The real cost of gasoline, measured in dollars per gallon. Lots of people cringe at the word government subsidy, but as I've pointed out before, the US taxpayer is subsidizing cheap oil for the entire world through our gigantic military organ. I got some nice solid numbers from the Washington Times (one of the nation's most conservative toe-the-line newspapers):
For the past year, the National Defense Council Foundation has been engaged in a detailed analysis of the "hidden" cost of imported oil. The analysis looked at three elements: military expenditures specifically tied to defending Persian Gulf oil, the cost of lost employment and investment resulting from the diversion of financial resources and the cost of the periodic "oil shocks" the nation has experienced.
When these three elements are combined, they total $304.9 billion annually, nearly six times what we are spending in Iraq.
Btw, in case the above needed any more conservative credentials, check out these quotes on the NDCF home page:
"You are a warrior for freedom, I appreciate your relentless drive to work for the betterment of all mankind"
Then-Governor George W. Bush
"The efforts of NDCF have been invaluable in offering hope and promise where there was only despair. The inspirational programs untertaken by the NDCF...will help the cause of freedom. Your work is in the highest tradition of this great nation."
Former President Reagan
So this intensely right wing organization is telling us that a gallon of gas should be $5.28 to reflect it's true cost. These are the kind of truth telling conservatives we need, not the Kool Aid drinkers in the White House.
'If reflected at the pump, the “hidden costs” of oil would raise the price of gallon of gasoline to over $5.28.' -- http://www.iags.org/n1030034.htm
So the next time someone says, "gasoline is cheap and doesn't require subsidies," you've got some hard facts to point them to indicating otherwise.
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