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Government subsidies are not a legitimate argument when comparing petroleum fuel to ethanol or bio-diesel. One would need to factor in the enormous and on-going 'subsidies' of ‘keeping the relative peace’ in the Mideast over the past 40 years. That’s our sole interest in that part of the world – they’ve got the friggin’ oil that makes the wheels turn! How fun would it be to be completely free of Mideast oil dependancy - our military would have a literal field day over there without concerns of maintaining the flow of oil ....
Would it be too obvious then to suggest that a national energy policy be set to allow companies to drill for our own oil on our own land? We’ve got incredible reserves – more than we can use. OTOH, if our policy is to continue to rely on foreign oil and all the baggage that goes with that, then ethanol/bio is probably the way to go to get us through in the short term.
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