My personal view on E-85. The "fad" will die out, just as it did in the 70's. Just as it was in the 70's everyone is up in arms over gas and oil prices and legislators are pounding their fists on the table demanding alternative fuel sources. When this all blows over and prices moderate and stabilize, we will be right back to the way things were in the 70's. We accepted it then and we will now. We will never be relying on running our cars on vegetable juice. The prices you save at the pump will be made up in groceries. It's a no win situation. OPEC and the oil companies know this. I would NOT modify my car to eat corn.
What makes me laugh is legislators are demanding oil companies help find a way to rely on renewable fuel resources. That is the equivalent of asking Frank Purdue to invest in Beef. If it would happen you will go to the grocery store and see cans of corn....Delmonte, Green Giant, Exxon. They will still have their lunch hooks in the mix. They are not worried.
I am not an advocate of regulation. Regulation will ease rising prices though until that commodity is deregulated. I am not a communist who wants the government dictating what I do. But alas, the government ain't doing it, OPEC is and our oil barons are.
One product that has the ability to cause on a national level.. recession, cripple our economy, wipe out people's retirement savings, cause bankruptcy, escalating unemployment as a result of, food costs that fixed income people cannot afford, dictate your vacation schedule, where you go, what you drive, how you drive, your mode of living, yada yada yada... should be regulated? Oil companies are assured they NEVER EVER have to worry about it because every legislator gets a cut of the oil pie they rely on for their jobs.
Yes I am aware the oil companies only make penny's on the dollar for every gallon sold, and the commodities market dictate pricing etc... We are brainwashed into thinking its demand!! Demand is driving up the cost. This is a blatant lie to justify these prices. I recently watched KING GEORGE say that very thing, demand is up people, followed with a smirk and callas grunt.
Hybrid cars are selling like hot cakes, people are changing there driving habits, car pooling is at all time highs but demand is up. Oh, It's China's fault they are consuming more gas..... Disagree or not, doesn't matter.
The answer isn't in the corn or soy fields it wasn't then it won't be now. The answer? Invest in Vaseline and KY Jelly.
