I think that something is missing in the charts that argue for a great drop
in gasoline. If you look at the official gasoline consumption chart, it
gives a very different story:
http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PETs=MGFUPUS1f=M
There's been a 10% drop since the peak in 2007,
Dan Minette wrote:
And, ethanol has been a highly subsidized substitute, which
should lower gasoline consumption about 3%, even with fuel consumption
constant.
BTW, isn't it funny that, in 2011, Brazil was a huge importer of USA's
ethanol? So, the american taxpayers are financing brazilian
BTW, isn't it funny that, in 2011, Brazil was a huge importer of USA's
ethanol? So, the american taxpayers are financing brazilian sugar exports.
Yes, it shows that that the most critical factor in determining America's
interest is who wins the Iowa caucus.
Dan M.
On 2/11/2012 5:50 PM, KZK wrote:
http://www.oftwominds.com/blogfeb12/gasoline-tanking02-12.html
http://globaleconomicanalysis.blogspot.com/2012/02/huge-plunge-in-petroleum-and-gasoline.html
Moar:
http://www.oftwominds.com/blogfeb12/energy-consumption-dropping02-12.html
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It’s cheap to