At least I hope it is my last one. I have made a few long-distance trips by car in my life. The first few were a lot of fun. I was seeing the country for […]
Tag: ethanol
PEIX Drops Below $2
Wow! I just checked a few stocks that I tend to watch, and Pacific Ethanol (PEIX) has now fallen to $1.85 a share. It is now down more than 95% off its high, and down […]
Updated Corn Ethanol Economics
Executive Summary: The current cost to produce a gallon of ethanol is approximately $3/gal. The current price of ethanol is $2.86/gal, which explains why ethanol producers are shutting down. If corn and natural gas prices […]
Ford Awakens from a Slumber; Post Office Rejects Ethanol
It seems that the reality of our situation is sinking in at Ford: Ford’s trouble: $4 gas is here to stay NEW YORK (CNNMoney.com) — Ford Motor Co. executives say they believe that $4 gas […]
Food Riots
As I have been arguing for years, this is not going to have a happy ending. Some day we will look back on this ethanol mandate fiasco as one of the greatest mistakes ever in […]
The Energy Scene in India
As I traveled through India on a recent business trip, the topic of energy was constantly on my mind (as it is every time I travel). I found out some interesting things about jatropha, toured […]
How Corn Ethanol Destroys Rain Forests
At least according to a new story in Time, which is a blistering critique of our ethanol policies. It also documents the change of heart that has taken place among some prominent ethanol boosters. The […]
Condensed Summary of India
My Host Kapil in the Back Overall Impressions of India Here is a condensed summary of my overall impressions of my recent trip to India. The trip was business, but I got to see a […]
Debunking Robert Zubrin
A reader asked me a while back to take a look at the claims of Robert Zubrin, and comment. So I took a look at his claims, and while I found things that were wrong, […]
Today’s Stories of Interest
There were quite a few interesting stories today, so here are a few Drumbeat-inspired headlines and excerpts. Gasoline: Painful, and getting worse NEW YORK (CNNMoney.com) — So gasoline prices are at an all-time high. But […]