CapitalistPundit

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Location: New York, New York, United States

Friday, July 28, 2006

Rapid E85 growth in Minnesota

"Some may debate the economic, environmental and national energy security benefits of moving toward wider use of bio-based motor fuels, but Minnesota has forged ahead by adding more than 60 new E85 fueling sites in just seven months. The North Star State is now home to more than 250 E85 stations with another 20 expected by mid-August. On average, two new E85 outlets have opened every week since January."

Source: American Lung Association of Minnesota

Click on this link to find out everything you need to know about E85.

The main reason I support E85 and all other forms of ethanol is not necessarily the environmental benefit (which is debated by some) but the promise of decreasing our dependence on foreign oil. I'd much rather send my weekly $85 to a farmer in Iowa than a terrorist in Iran.

2 Comments:

Blogger patrick said...

There is a simpler way to support energy independence: LET US DRILL AGAIN.

Drill ANWR, drill offshore, open up national park lands. There is $1 trillion worth of oil in ANWR, that could be developed by impacting a mere 2000 or so acres; there are trillions worth of natural gas off California coast, which could be developed in environmentall sound manner.

Prohibitions have prevented effective use of our own resources. It's time to end our bans on offshore drilling and drilling in frozen tundra of ANWR.

12:28 PM  
Blogger soccer_F1 said...

Drilling would increase supply by a little bit . . . in 5-10 years. It takes many years to bring production online. By then China's energy needs will have increased by 25-50%, so we'd still have serious dependency on foreign oil.

11:59 AM  

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