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Ethanol Crisis
By Mr Ethanol | July 16, 2008
Ada Evening News:
With the price of crude oil above $140 per barrel, people are scrambling to find new ways to power America’s vehicles. Enter the controversial fuel ethanol.
Ethanol, also known as ethyl alcohol, is a highly flammable colorless liquid usually found in alcoholic beverages and has found its way into the gas tanks of many American vehicles. The United States fuel ethanol industry is based largely on corn.
Proponents of ethanol cite the potential gains to the U.S. economy both from domestic fuel production and increased demand for corn. Optimistic calculations project that the United States is capable of producing enough ethanol to completely replace gasoline consumption.
In comparison, Brazil’s ethanol consumption today covers more than 50% of all energy used by vehicles in that country. Proponents also claim ethanol is much better for the environment and even though there is some controversy on whether car engines can run on an ethanol blend gasoline without suffering damage, it is believed newer cars are built to handle ethanol blends.
It is also believed a gas-powered engine can be designed to handle an 85 percent ethanol and 15 percent gasoline mix. The mixture, known as E-85, requires engines to be modified to accept higher concentrations of ethanol. Such flexible-fuel vehicles are designed to run on any mixture of gasoline or ethanol with up to 85 percent ethanol by volume.
Topics: Energy, Ethanol, Market, Negatives |
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