[AT] gasoline

[Cecil Bearden]

Can someone explain to me why gasoline was $1.30/gallon about a year ago 
when the stock market boys were bankrupt?  Maybe if they quit playing with 
one of the most necessary commodities on earth, it might be affordable.

Cecil in OKla

----- Original Message ----- 
From: "Jim & Lyn Evans" <jevans at evanstoys.com>
To: "'Antique tractor email discussion group'" 
<at at lists.antique-tractor.com>
Sent: Thursday, December 30, 2010 7:12 PM
Subject: Re: [AT] gasoline


> OK. Lets get rid of the oil subsidies also and call off the two wars
> overseas and let's see where the price of gasoline ends up.
>
>
> -----Original Message-----
> From: at-bounces at lists.antique-tractor.com
> [mailto:at-bounces at lists.antique-tractor.com] On Behalf Of Ron Cook
> Sent: Thursday, December 30, 2010 6:40 PM
> To: Antique tractor email discussion group
> Subject: Re: [AT] gasoline
>
> Subsidies exist for the government to override free market.  Subsidies
> push whatever the government wants to push whatever way it wants to push
> it.  No subsidies on anything and let the free market work is the way to
> solve the problems.
>
> Ron Cook
> Salix, IA
>
> On 12/30/2010 6:23 PM, Phil Vorwerk wrote:
>> Oh, I agree, subsidies are needed to help develop new technologies that
> have
>> a payback that is so far out on the horizon that no sane person or
> business
>> would invest in the research.  I like to see a free market given as much
>> freedom as possible, but I also know that sometimes intervention is
>> necessary.  I also realize that the profitability of ethanol swings 
>> wildly
>> with the relative cost of crude oil.  (I'm a businessman, but my 
>> education
>> is in economics.)  There are a lot of alternative energy sources that 
>> will
>> become viable as the cost of crude oil inevitably rises over the course 
>> of
>> time.  But after 30 years isn't it time to take off the training wheels?
> If
>> the technology has been developed already that it is now efficient and
>> profitable to produce corn based ethanol why is there any subsidy at all?
>>
>> I wonder how the grass based ethanol research is progressing.  It sounded
>> like it had a great deal of promise a few years ago - from what I heard 
>> it
>> was supposed to be more efficient to convert to ethanol than corn, and 
>> not
>> as demanding on our land resources.  In fairness, the current ethanol
>> subsidies could be helping push this research along also.
>>
>> Phil
>>
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