WORLD OIL COMMODITY

THE OBJECTIVE OF THIS BLOG IS TO MANIFEST INDIGNATION TO THE LIES AND OPTIONS TAKEN BY GALP ENERGIA PORTUGALS PETROL COMPANY.

Wednesday, July 25, 2007

Ethanol fuel

With todays crude prices and the world situation were everyday we see more and more crude related happenings each nation and respective
goverments should offer incentives to producers and consumers alike to expand the Ethanol usage.
Ethanol may account for 10 percent of automobile fuel within five years, compared with about 3 percent now, The governments must offer incentives for service stations to install more pumps that dispense a blend of ethanol and gasoline.Ethanol isn't practical without government incentives without subsidies to lower its cost and mandates to require its use, the economic viability of ethanol is unclear even with today's elevated gasoline prices.

Brazil, is a model of ethanol use and no longer is a net importer of crude oil. There, refineries convert sugar cane into ethanol for use in so called flexible-fuel cars, which now make up 75 percent of vehicles sold in Brazil.
Automakers promote so-called E85 as less polluting than pure gasoline. They also highlight the better performance from its higher octane content. The trade-off is that ethanol is about 25 percent less fuel-efficient than gasoline, so drivers need more ethanol to go the same distance as gasoline.

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