Reply #4: Believe it or not

[Oerdin]

It takes time to build factories, set up destribution systems, and all the rest that is required to distribute ethanol. The good news is that investment dollars tend to chace the highest return so the current high prices should attract several start ups and new operations from the big players. Clearly there will be an adjustment period but the end result will be more ethanol being substituted for foreign oil. Isn't that a good thing?

True, real energy independence won't occur without massive increases to CAFE, a carbon tax, and laws mandating a switch to nonimported energy (hopefully non-GHG producing energy) but that has no bearing on the current price of ethanol.