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09-13-2017 09:32 AM
That "should" form a maybe different outlook.
Seems that China wants to go all ethanol by
Perhaps they see the handwriting on the wall.
Going forward maybe it's cheaper to go ethanol,
Than fight over gas. "Seems" an abundance of
Grain world wide. They have a number of vehicles
There, but dont go far......but I've read a story
Somewhere else that they wanted to go all
Electric too. Most have short distances and
"Zero emessions would be good.
The question is....how will "the market" understand
It ? Seems they don't understand much.
09-13-2017 10:17 AM
Chinese gasoline demand has tripled since 2000 and is growing at 10-12% per year
Chinese demand for gasoline is about 25% of US....so ~35 byn gallons per year
about 3.5 byn gallons of ethanol needed to have the fleet use 10% ethanol
using a 2.75 gallon per bushel production rate
would use 1.273 billion bushels of corn
China expected to grow 8.6 byn bushels of corn this year
I wouldn't go buy a new combine based on this news
and with the announcement of going "all electric" as well-----makes a person wonder if the various Chinese state agencies spend much time talking to each other!!
09-13-2017 10:41 AM
Just thinking about how , at the height of the Chicken Little "OMG, we are going to run out of Oil" , fear mongering a few years ago, how the more gullible were all in on that "fact" and now we have at least a 500 year supply here in the USA.
But you will always have the naïve and the gullible, and the con guys capitalizing on them. Maybe one of them thinks his elected officials dropped the twin towers, too. If that is the case, by all means vote to give them more power over your life.
09-13-2017 11:51 AM
09-13-2017 11:56 AM
Cheapo - your words signify 2 dimensional thinking.
Scotty will have us on dylithium crystals by then!!
All ahead Warp Factor 7.
Either that or Yellowstone is going to blow soon and it won't matter.
That baby will do quite a number on the northern hemisphere.
09-13-2017 12:17 PM
This from Reuters
It’s the first time the government has set a targeted timeline for pushing the biofuel, known as E10 and containing 10 percent ethanol, across the world’s largest car market, although it has yet to announce a formal policy.
can someone please post a link to any stories suggesting they are going to run on 100% ethanol in car fleet
09-13-2017 01:37 PM
Henry Ford & Charlie Kettering were the forerunners of this 10 decades back , then came Edwin Drake in Titusville Pa , times A changing rethink ---
CNBC & Reuters has articles examining this today & the '' smog photo '' pretty much sums it up , NOT FAKE NEWS as the deniers would repute ---
09-13-2017 05:31 PM - edited 09-13-2017 05:33 PM
first you look one way
but when you look the other way
help me out here......did we win or loose ?