aplusmnt
Well-known member
Found this interesting for those that think ethanol will rid us from sending our dollars to the towel heads.
since corn needs much more fertilizer than crops like soybeans, not only is the price (up 35%) of fertilizer going up but Much of that fertilizer will be imported. It takes natural gas to produce nitrogen fertilizers. In 2005 the United States imported 21% of the urea it turns into nitrogen fertilizer from Saudi Arabia and Qatar How much you think they will import now and in the future.
Here we are being sold ethanol at the hope of reducing our dependency on foreign oil from countries like Saudi Arabia but in the end we are importing more of their product as a result of it.
Another interesting point was since ethanol can not be transported through existing pipelines since it is more corrosive, then it is shipped by truck and train. Also there is more hauling all the way around, corn has to be hauled there using oil, DDG has to be hauled away using more oil. So we use more Fuel and oil to haul it both ways which adds to list of reasons why we will not see less oil being imported from the sands abroad.
since corn needs much more fertilizer than crops like soybeans, not only is the price (up 35%) of fertilizer going up but Much of that fertilizer will be imported. It takes natural gas to produce nitrogen fertilizers. In 2005 the United States imported 21% of the urea it turns into nitrogen fertilizer from Saudi Arabia and Qatar How much you think they will import now and in the future.
Here we are being sold ethanol at the hope of reducing our dependency on foreign oil from countries like Saudi Arabia but in the end we are importing more of their product as a result of it.
Another interesting point was since ethanol can not be transported through existing pipelines since it is more corrosive, then it is shipped by truck and train. Also there is more hauling all the way around, corn has to be hauled there using oil, DDG has to be hauled away using more oil. So we use more Fuel and oil to haul it both ways which adds to list of reasons why we will not see less oil being imported from the sands abroad.