I intend to drink alcohol not burn it in my car. I can’t consume nearly as much as my car can. The cost benefit analysis shows that it is a far far better thing to eat food than to make fuel out of it. It also shows that for the foreseeable future it is better to spend the major part of our money on producing oil in this county. Solar panels are still horribly inefficient and costly, there is no hydrogen source available except for breeder reactors, no distribution system for it and no storage facilities for it. Electric cars would be great except there is no source of electricity for them in any number. Windmills are dead ended when applied to large power requirements. All of these fanciful solutions are dead ended. They can only contribute at the margin; and that is not going to reduce the price of foreign oil. Interestingly, the recession has whacked the hell out of the price and the lack of confidence in the economy will continue to reduce the price. If the supply is reduced to up the price, than that will deepen the recession and continue to keep the price low.
If congress doesn’t reduce the controls on autos Detroit will never recover. I have a car with a windshield so thin that it can’t withstand a pebble thrown by a passing car. Can you imagine driving in the winter in a snow storm in a toy car?
