I'm still hoping they know something we don't know. I keep hearing the ethanol experts claim that they can get ethanol produced at $1 per gallon without using food as a component. GM has invested in both ethanol research as well as battery research. Both Shell and BP have invested millions in ethanol as well. Several ethanol experts have come forth and are willing to debate any heavyweight economist or energy expert who will take them on. These guys are showing up at the energy conferences and are rabid. These are scientists, so I don't think it's hype. Misguided? Perhaps. But not hype.
__________________
|