Showing posts with label Ethanol Religion. Show all posts
Showing posts with label Ethanol Religion. Show all posts

Friday, May 28, 2010

The Evil of Forced Ethanol

It's unbelievable what America and the radical environmentalists are getting away with. Ethanol is the latest attempt to force Americans to adhere to what can only be called a religion, with their god being the earth and the environment.

To even resist the monster is to be called a name, and that name is now a derisionary "gas purist."

Here's one example:

"Eric “Ric” Foster, the owner of a Gardner gasoline station, doesn’t like ethanol. No, that’s not quite right. He despises the stuff.

"A sign in front of the station alerts motorists that his gas contains no ethanol, and in case you miss it, an electronic sign in the window boasts of the station’s ethanol-free fuel."

The misguided regulations that force ethanol upon Americans is evil People have a right to the type of gas they want to buy, and the government has no place in telling them any different.

There are a growing number of people resisting this forced ethanol policy, and even by the standards of honest researchers, developing the ethanol industry on the back of corn is far worse for the environment than not doing it.

Once the monster that government is becoming puts something into law, only the bold and wise will be able to get a hearing on it, let alone make some real changes.

With so many things happening around us, it's hard to keep up with all this grab for power by the government, but we need to keep up the good fight, and this is really an issue of freedom.

People should be able to put into their cars what they deem the best fuel, and in a number of cars ethanol can damage them. And the damage done to power equipment is well documented.

The government blending the lines between them and industry is called fascism. This is the road we are increasingly traveling on in America, and we need to battle it every step of the way.

Saturday, January 10, 2009

Pacific Ethanol Shuts Down Madera Plant

Pacific Ethanol (PEIX) continues to fight to survive, as they have now shut down the Madera plant, although they say it's only a temporary move.

This follows their disastrous third quarter, where "Losses for the company widened by an extraordinary amount, surging to $54.9 million, or 98 cents a share, in contrast to the same quarter last year where losses were at $4.8 million."

None of this will end any time soon, as on average ethanol is 60 cents higher in cost than gasoline, and make gas prices higher when included in the mix. Consequently, demand continues to fall, in spite of the misguided subsidies offered by the government.

Take the subsidies out of there, and the real story would be far worse for this ongoing debacle that is becoming more of a religion than at legitimate alternative.

This has pummeled the company's stock, which on January 9, 2008 was at $8 a share, now it stands at a pathetic 56 cents a share.

We need to end this ignorant pursuit of corn-based ethanol, and cellulosic ethanol as well. Those of the ethanol religion are now attempting to get the mind of the public off the corn-based ethanol debacle and make it look like the even more expensive cellulosic ethanol is the answer.