Gas. Did you know?
Gas. Did you know?
Out of context: Reply #27
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- GreedoLives0
aren't they working on improving the fermentation process of gaining ethanol? once that's all ironed out, it would take away a large part of the petrochemicals needed to produce ethanol making everything smooth and nice and cheap.
and btw, assuming the $74 barrel of crude and the $160 barrel of ethanol at 15% per gallon, you'd end up with $2.33 per gallon. Throw in a nickel for taxes and maybe 20¢ for production (10% production cost per gallon? is that high?), you'd end up with $2.48, so the last 50¢ or so would be pure profit.